Intelsat Announces Proposed Offering of Senior Notes

Pembroke, Bermuda, 14 October 2009

Intelsat, Ltd. today announced that its subsidiary, Intelsat Jackson Holdings, Ltd. (“Intelsat Jackson”), intends to offer senior notes due 2019 (the “notes”). The net proceeds of the notes will be used to fund Intelsat’s purchase of certain of Intelsat (Bermuda), Ltd.’s outstanding 11½%/12½% Senior PIK Election Notes due 2017, to pay related fees and expenses, and for general corporate purposes.

The notes referred to above will be offered to qualified institutional buyers under Rule 144A and to persons outside the United States under Regulation S. The notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the notes in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.