* Astronomy

GeoEye, Inc. announced that its OrbView-3 satellite experienced an anomaly on March 4, 2007.

“GeoEye, Inc.’s OrbView-3 satellite is currently not engaged in imagery operations due to technical problems which are being investigated but believed to involve the camera electronics. The satellite began to experience a problem affecting its image quality on Sunday, March 4, 2007. Telemetry and other data from the spacecraft are being analysed, and the Company continues to be in communication with and in control of OrbView-3, but it is currently not producing useable imagery. The Company will continue to analyse the problem together with Orbital Sciences Corporation, the satellite’s manufacturer, and Northrop Grumman, who provided the sensor and what, if any, claims the Company will make make on our insurance. However, until the analysis is complete, it is not possible to say if anything can be done to restore operations, how long this process may take. At the present time, the Company does not have adequate information to determine if a material impairment exists with respect to the satellite nor can the Company provide an estimate of any impact on the Company’s financial condition or results of operation. The Company will seek to satisfy OV-3 customers’ imagery needs with imagery from its IKONOS satellite where possible while this condition continues. “

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