Intelsat Announces Proposed Redemption of 5¼% Senior Notes due 2008

Pembroke, Bermuda, 5 February 2008

Intelsat, Ltd., the world’s leading provider of fixed satellite services, today announced, in connection with the successful closing of its acquisition by BC Partners Holdings Limited and Silver Lake, that it intends to redeem all of its outstanding $400 million 5¼% Senior Notes due 2008 (the “Notes”).

Intelsat, Ltd. has issued a notice of redemption pursuant to the indenture for the Notes stating that it intends to redeem all of such Notes on 5 March 2008 (the “Redemption Date”). The redemption price for the Notes will be determined in accordance with the indenture plus accrued and unpaid interest thereon to the Redemption Date.

About Intelsat

Intelsat is the leading provider of fixed satellite services (FSS) worldwide, delivering advanced transmission access for information and entertainment to some of the world’s leading media and network companies, multinational corporations, Internet service providers and governmental agencies. Intelsat also offers seamless service for voice, data and video transmission unmatched in the industry. With the globalization of content, broadband, telecom, HD and IPTV fueling next-generation growth, the ever expanding universe of satellite services are the cornerstones of today's Intelsat. Real-time, advanced communications with people anywhere in the world is closer, by far.

Contact

Dianne VanBeber
Intelsat, Ltd.
dianne.vanbeber@intelsat.com
+1 202 944 7406

Intelsat Safe Harbor Statement:

Some of the statements in this news release, including statements relating to the anticipated Redemption Date, 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 31 December 2006 and Intelsat's other periodic reports filed 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.