June GoldStar Lease Award Winners

CAMPBELL, Calif., June 7 -- Each month, carmakers entice consumers with attractive new car lease rates. And each month PRIMEDIA's IntelliChoice, a PRIMEDIA company that develops and distributes consumer automobile pricing, specifications, and ownership and leasing cost data, recognizes manufacturer leases with the lowest rates as IntelliChoice GoldStar Lease Award Winners--the top ranked manufacturer leases in the country. This month SAAB and Saturn are offering leases that have garnered IntelliChoice's GoldStar rating. The following are the 8 manufacturer leases that qualify as IntelliChoice GoldStar Leases for June 2002:

    Model            Ttl Net   Ad Rate  Term  Up Front  Expiration   Avail-
                     Int Rate   Month          Costs*      Date      ability

    2002 Saab 9-5
     Linear Sedan     0.00%     $359     36    $3228     7.1.2002   National
    2002 Saturn L300  0.51%     $279     39     $995    6.30.2002   National
    2002 Saab 9-5
     Linear Wagon     0.57%     $369     36    $3238     7.1.2002   National
    2002 Saturn SL1   0.78%     $202     39     $202    6.30.2002   National
    2002 Saturn L200  0.95%     $263     39     $995    6.30.2002   National
    2002 Saab 9-3
     SE Convertible   1.21%     $399     48    $3293     7.1.2002   National
    2002 Saturn
     LW300            1.36%     $319     39     $995    6.30.2002   National
    2002 Saab 9-3
     SE 5-Door        1.56%     $299     36    $3093     7.1.2002   National

     * Does not include tax, license or registration. Totals may be higher in
       some areas.  Please see GoldStar Lease Evaluation for details.

There are two requirements that a manufacturer's lease has to satisfy in order to receive the IntelliChoice GoldStar rating. Its net interest rate has to be in the lowest 25% of all evaluated leases, and at least two percentage points lower than the available average bank loan rate. Monthly IntelliChoice GoldStar Lease evaluations are based on information supplied directly by manufacturers and published in major daily newspapers and on manufacturer Web sites.

Founded in 1986, IntelliChoice is the only company that develops and distributes consumer automobile ownership and leasing cost data. Proprietary IntelliChoice GoldStar Lease evaluations and IntelliChoice AutoLease evaluations are readily and freely available at the IntelliChoice CarCenter web site, http://www.intellichoice.com.

In addition to being found on the IntelliChoice CarCenter web site, IntelliChoice's proprietary ownership cost information can also be found in the annual editions of IntelliChoice's The Complete Car Cost Guide(TM) and The Complete Small Truck Cost Guide(TM), available by calling 1-800-CARBOOK (800-227-2665). IntelliChoice also publishes new and used auto shopping, buying, and selling tools at its CarCenter web site, http://www.intellichoice.com.

IntelliChoice is a Primedia Company (NYSE: PRM - News).

About PRIMEDIA

PRIMEDIA is the new tradition in media. With 2001 sales of $1.7 billion from a unique combination of traditional and new media properties, it is the leading targeted content and integrated marketing solutions company in both the consumer and business-to-business sectors. The Company is the #1 special interest magazine publisher in the U.S., with more than 290 titles such as Seventeen, Automobile, Motor Trend, New York, Fly Fisherman, American Baby, Telephony and American Demographics; the #1 producer and distributor of specialty video with 18 satellite and digital video product lines, including Channel One Network; and the #1 news and information group on the Internet, led by About.com. PRIMEDIA's stock symbol is: NYSE: PRM. More information about the Company can be found at http://www.primedia.com.

About IntelliChoice

IntelliChoice is committed to empowering consumers to make better purchase decisions by providing independent and essential automotive information and tools. Through IntelliChoice's CarCenter website, consumers get the help they need to research, compare, configure and price vehicles. IntelliChoice's CarCenter website also connects buyers to the buying alternatives of their choice, including vehicle manufacturers and online buying services.