Intelsat and Telenor Satellite Broadcasting Expand Strategic Relationship

Continue to Build Their Commitment in Growing the 1°W Position in Europe

Pembroke, Bermuda and Oslo, Norway, 8 October 2007

Intelsat, Ltd., the world's leading provider of commercial satellite services, and Telenor Satellite Broadcasting (TSBc) today jointly announced the completion of an agreement, for Intelsat to purchase 10 transponders on Telenor's THOR 6 satellite, due to launch in Q2, 2009.

Under the contract, Intelsat will gain additional capacity to expand its growing DTH business within Central and Eastern Europe. For both Telenor and Intelsat, it paves the way to continuing combined efforts to further develop 1°W as a leading broadcasting position in this region.

"For Telenor Satellite Broadcasting and Intelsat, this contract signifies the joint ambition to make 1°W the choice platform for broadcasting services in Central and Eastern Europe," said Cato Halsaa, CEO of Telenor Satellite Broadcasting. "We look forward to a fruitful and successful cooperation."

David McGlade, CEO of Intelsat said, "Central and Eastern Europe is fast becoming a highly competitive market, placing ever-increasing demands for quality DTH capacity. This agreement represents a new phase in growing our long-standing relationship with Telenor Satellite Broadcasting and enables us to provide our customers with the capacity required to support their future expansion plans in this region."

THOR 6 will be based on a Thales Alenia Space Spacebus 4000B2 platform, fitted with 36 Ku-band transponders. Twenty transponders will be positioned to serve the growing business demands in Central and Eastern Europe and the satellite will be launched on either an Ariane 5 or a Soyuz launcher from the Guiana Space Centre in French Guiana.

About Intelsat

Intelsat is the leading provider of fixed satellite services (FSS) worldwide and is the leading provider of these services to each of the media, network services and government customer sectors, enabling people and businesses everywhere constant access to information and entertainment. Intelsat offers customers a greater business potential by providing them access to unrivaled resources with ease of business and peace of mind. An extensive customer base, including some of the world’s leading media and communications companies, multinational corporations, Internet service providers and government/military organizations, utilizes our services. Real-time, constant communication with people anywhere in the world is closer, by far.

About Telenor Satellite Broadcasting

Telenor Satellite Broadcasting is part of Telenor Broadcast, one of the three core businesses of Norway's leading communications operator, Telenor ASA. Telenor Satellite Broadcasting provides extensive television broadcasting services for distribution, contribution and occasional applications to all the Nordic Broadcasters and many other broadcasters throughout Europe, using its hybrid network comprised of (three) satellites, terrestrial circuits and earth stations. Additionally, it provides fixed satellite communication and uplinking services for data and remote Internet applications together with VSAT and broadband services in Europe and the Middle East. Visit the company's website at www.telenorsbc.com.

Contact

Nick Mitsis
Intelsat
nick.mitsis@intelsat.com
+1 202 944 7044

Natasha Keech
Telenor Satellite Broadcasting
Natasha.keech@telenor.com
+44 7740 450 852

Glenn Mandelid
Telenor Broadcast Holdings
glenn.mandelid@telenor.com
+47 926 61300

Intelsat Safe Harbor Statement:

Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. The forward-looking statements made in this release reflect Intelsat's intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, including known and unknown risks. Detailed information about some of the known risks is included in Intelsat's annual report on Form 10-K for the year ended December 31, 2006 and other filings with the U.S. Securities and Exchange Commission. Because actual results could differ materially from Intelsat's intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution. Intelsat does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.