September 10, 2004

Honda and FuelMaker develop natural gas home refilling appliance

Torrance, California – Honda and FuelMaker Corporation will bring to market an
affordable appliance for consumers to refuel natural gas vehicles at home by spring

Honda, which has owned almost 20 percent of Toronto-based FuelMaker Corporation
since 2000, is working directly with FuelMaker to complete development of Phill, the
natural gas home refueling appliance. As part of this alliance, Honda and FuelMaker
are announcing plans to begin retail sales of the Phill refueling appliance and
Civic GX natural gas vehicle beginning in California in spring 2005. The Civic GX,
now in its seventh year of sales in the U.S., has to this point been marketed only
to fleets.

The Phill home refueling appliance will be available for purchase in limited
quantities in California by spring 2005. The retail price of Phill will be
approximately $2,000. Depending on Federal, State, and local government rebates, the
actual cost of ownership may be reduced to consumers.

Honda and FuelMaker share a vision for home refueling as a solution to the challenge
of making natural gas a practical alternative to gasoline for consumers.

“The biggest obstacle to broader acceptance of natural gas vehicles is the limited
availability of refuelling stations,” said Tom Elliott, executive vice president of
American Honda. “This alliance with FuelMaker is great for Honda because it will
give our customers a personalized solution to refuelling. Our research indicates
people like the convenience of filling up at home. Plus, natural gas offers many
benefits as an alternative to gasoline and is an abundant domestic resource that
strengthens America’s energy independence.”

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