PanAmSat Asia Acquires Certain Business Assets of Tarbs; PanGlobal TV is Established as Australia’s New Multi-Ethnic Satellite TV Platform

Sydney, Australia, 19 January 2005

PanAmSat Corporation today announced that its subsidiary, PanAmSat Asia Pty. Ltd. (PanAmSat Asia), had acquired certain of the business assets from the receivers of TARBS World TV Australia Pty. Ltd. (TARBS). The agreement includes the subscriber list, intellectual property and subscriber-installed equipment of TARBS, an Australian pay TV provider. Concurrently, PanAmSat announced that PanGlobal TV had opened for business as Australia’s new multi-ethnic Direct-To-Home (DTH) platform.

“The assets we have obtained will help facilitate the growth of the PanGlobal TV platform by assisting our channel partners to reach the ethnic TV audience in Australia,” said David Ball, vice president, Asia-Pacific. “PanGlobal TV is up and running offering Arabic, Serbian and Russian channels and is capable of reaching all of the homes formerly served by TARBS. Additional channels are planning to join the platform shortly.”

PanGlobal TV is hosted on the PAS-8 Pacific Ocean Region satellite. MySAT, the Arabic Pay TV service, offers the following networks through PanGlobal TV: ART, LBC, Al Jazeera, ART Movies, Future TV, MBC and Noursat. Horizon World Plus TV Pty Ltd is distributing a bouquet of four Russian television channels on the PanGlobal TV platform in Australia. They are: RTVi, Teleklub/Detski Mir, Nashe Kino and RTR Planeta. TV Plus offers Serbian services Pink TV, BN and BK Sat.

PanGlobal TV is a joint marketing alliance between PanAmSat and GlobeCast Australia, which offers a range of transmission services to international broadcasters who wish to reach Australia’s diverse multi-cultural communities. The service transmits digital television channel signals from either GlobeCast Australia’s Sydney teleport or the PanAmSat Napa Valley, California teleport to the PAS-8 Ku-band Australia beam. The teleports offer digital encoding, signal processing and transport services in addition to the uplink service to the satellite. PanGlobal TV offers backhaul to either the Napa teleport or the Sydney teleport by satellite, fiber or hybrid satellite/fiber contribution. TARBS had antennas serving more than 50,000 Australian homes. These antennas are included in the assets that were acquired from the TARBS receiver. The relationship with the subscriber is directly between the programmer and the consumer.