Help with Adobe Premiere 6.0

Well first off I'm new to this forum so I'll introduce myself. I'm with (and founder) of a film group called, "Project: Bonus Pretzel". We're an amateur film group usually consisting of about 2-3 memebers on average, saddly I don't have a die hard group yet haha. Our films usually are of Paradies, Documentries, and some small quips here and there. Anyways, I've been filming and using video cameras for alittle over 3 years and I'm still learning the ropes of it. I just recently got a copy of Adobe Premiere 6.0 from my friend. I really don't know how to use it all that well just yet. So my question that I need help with right now is compression in Premiere, now we have two videos made and there out on the internet somewhere, I'll give links later, but well my one friend edited them and he stopped using premiere and is in the air force as well so he can't remember how to compress a video from 140 MB to about 8 MB. That's the problem I keep running into. Does anyone know a solution to this problem? Your help would be appriciated! Thanks for your time.

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how to export in mepg encoder

you go to file menu>then export>then Mpeg Encoder then click on the option and then export the file

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