• Uprated SiR spec engine
• Sports Interior
• ATTS
• Uprated spec Exhaust

This version of the fifth-generation Prelude the Type S was only available in Japan.

It was equipped with the 2.2 L H22A featuring VTEC and producing 220 PS (162 kW 217 hp) @ 7200 rpm and 22.5 kg-fm (221 Nm 163 lbf·ft) @ 6500 rpm. With a compression ratio of 11.0:1 87.0 mm bore x 90.7 mm stroke and the VTEC-valve timing lift and duration were adjusted to 12.2 mm intake and 11.2 mm exhaust.

Honda also overhauled the air box and replaced it with a more efficient design that is often referred to as Dynamic Chambering along with an increased throttle body design bored to 62 mm (as opposed to the previous 60 mm).

The exhaust system also was treated to a redesign as well where the pipe design became a more cylindrical shape rather an oval shape. The three-way catalytic converter was also increased in size as well as the exhaust piping from 50.8 mm (2.00 in) to 57 mm (2.25 in) (tToV).

Unlike the SiR S-spec that had an LSD the Type S acquired the technology from Honda that is known as the Active Torque Transfer System (ATTS) (other terms that may be seen elsewhere that may come up are: DYCS [direct yaw control system] active yaw control system Active Electronic Limited Slip Differential [misnomer.]) The gearing on the Type S matches all other fifth-generation Preludes that had a manual transmission except for the five-speed 2.2 VTi VTEC and had a FD: 4.266.

The Type S had an Active Control ABS system different from the others which had the standard ABS systems.

The interior featured leather laced with red stitching.