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September 16, 2002

American Bus Association, United Motorcoach Association and ASCAP Reach Music Licensing Accord

Two major U.S. bus trade organizations, the American Bus Association and the United Motorcoach Association, and The American Society of Composers, Authors & Publishers (ASCAP), today announced that they have reached agreement on rates and terms for performances of music on buses. The agreement with associations covers live and mechanical (CD’s, tapes, movies on video, etc.) music performances on buses.

ABA and UMA each represent thousands of individual bus companies, ranging from the smallest firms to the largest bus lines. ASCAP has also developed a new bus license for companies that either do not belong to the trade associations or do not want to participate in the trade association program. Members of the trade associations receive a discount of more than 50% off license fees for individual bus companies. Under the agreement, both ABA and UMA each market the agreement to their members, collect fees and submit reports of licensed members, number of buses and remit payment to ASCAP. The two associations began offering the agreement to their members in May.

Vincent Candilora, ASCAP Senior Vice President –Licensing, said, "We are pleased that we were able to conclude this new agreement with ABA and UMA in a fair and equitable manner. Licensed operators of bus companies may now provide musical entertainment for passengers in accordance with the copyright law. And our writers and publishers can look forward to being compensated for performances of their music before the vast audience of bus passengers."

Victor Parra, President and CEO of UMA commented, "We trust that UMA members will take advantage of the discounted rates available through the group license we have negotiated. Our member companies take pride in ensuring the comfort and enjoyment of their passengers. Music is an additional element in making travel a pleasant experience."

Peter Pantuso, President and Chief Executive Officer of ABA said, "ASCAP’s license negotiation with recognized industry associations like ABA is advantageous to our members, because collective bargaining gives us negotiating leverage."

The American Bus Association, the trade association of the intercity bus industry, represents the motorcoach industry's interests in Washington, D.C. It also facilitates relationships between North American motorcoach and tour companies and all related segments of the travel and supplier industries and promotes travel by motorcoach to consumers. ABA represents approximately 950 motorcoach and tour companies in the United States and Canada. Its members operate charter, tour, regular route, airport express, special operations and contract services (commuter, school, transit).

The United Motorcoach Association ("UMA") is North America's largest association of professional bus and motorcoach companies. Founded in 1971 as the United Bus Owners of America, UMA's membership now includes over 875 motorcoach companies. UMA serves the informational, legislative, regulatory and business needs of its member companies. Within the membership, companies range from one and two vehicles to those with many hundreds of coaches; from small tour-specific companies to those performing intercity route service, charter and tour operations on a coast-to-coast scale.

Established in 1914, ASCAP is the world’s largest performing right organization with over 140,000 composer, lyricist and music publisher members. ASCAP’s repertory spans the entire spectrum of music – from pop to symphonic, rock to gospel, Latin to country, to jazz, rhythm and blues, theater, film and television music. ASCAP’s Board of Directors is made up solely of

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