Intelsat Commences Proposed Initial Public Offering of Common Shares and Concurrent Public Offering of Series A Mandatory Convertible Junior Non-Voting Preferred Shares

Luxembourg, 2 April 2013

Intelsat Global Holdings S.A., to be renamed Intelsat S.A. (the “Company”), today announced that it has commenced the distribution of preliminary prospectuses in anticipation of its proposed initial public offering of 21,739,130 common shares and proposed concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the “Series A preferred shares”).  The offerings are being made pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission.  The Company has granted the underwriters in the initial public offering of common shares a 30-day option to purchase up to an additional 3,260,869 common shares.  The Company has granted the underwriters in the public offering of Series A preferred shares a 30-day option to purchase up to an additional 450,000 Series A preferred shares.  The Company intends to list its common shares on the New York Stock Exchange under the symbol “I” and its Series A preferred shares on the New York Stock Exchange under the symbol “I PR A.”

Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and BofA Merrill Lynch are acting as joint book-running managers, Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Nomura Securities International, Inc. and UBS Securities LLC are acting as book-runners and Evercore Group L.L.C., HSBC Securities (USA) Inc., RBC Capital Markets, LLC, LionTree Advisors LLC and Raymond James & Associates, Inc. are acting as co-managers for the proposed offerings.  Each proposed offering will be made only by means of a prospectus.  Copies of the preliminary prospectus related to each offering may be obtained, when available, from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: 1-866-471-2526, Facsimile: 1-212-902-9316 or by emailing [email protected];  J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Telephone: 1-866-803-9204; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, Telephone: 1-866-718-1649, or by emailing [email protected] morganstanley.com; or BofA Merrill Lynch at Attn.: Prospectus Department, 222 Broadway, New York, NY 10038, or by emailing [email protected]

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. A copy of the registration statement can be accessed through the Securities and Exchange Commission’s website. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.