SES Global Eligible for Euronext Paris Deferred Settlement Service; Delists from Frankfurt Stock Exchange

Betzdorf, Dec. 9/Satnews Daily/ ¾ Euronext Paris announced on November 30 that SES Global (Euronext Paris and Luxembourg Stock Exchanges: SESG) will be eligible for the Deferred Settlement Service (SRD or Service du Règlement Différé) as from January 26, 2005. The SRD offers investors enhanced trading conditions through deferred settlement of trades as well as providing additional depth and liquidity for institutional investors.

SES Global successfully listed on Euronext Paris Premier Marché on 5 May 2004. A placing of 67 million class A shares, in the form of FDRs, was simultaneously effected by certain selling shareholders, a move which was designed to increase SES Global L's free float and boost the trading liquidity of its shares.

SES Global L's free float, the company said, further increased to over 40% following the placing of Deutsche Telekom 's remaining holding in SES Global on 17 November 2004.

Romain Bausch, president & CEO of SES Global said he is very pleased with this Euronext Paris decision, which clearly demonstrates the success of its Paris listing. “Within a few months, Paris has naturally become the main place for the trading of our shares. In turn, being eligible for the SRD will help to further increase the liquidity of our shares and enhance shareholder value," he said.

Meanwhile, SES Global completed its final day of trading on the Frankfurt Stock Exchange last Tuesday, December 7.

SES Global Fiduciary Depositary  Receipts (FDRs) remain listed on the Luxembourg  Stock Exchange and on Euronext Paris. Following the listing of the  FDRs  in  Paris  in May 2004, SES Global took the decision to apply to delist  its  securities from the Frankfurt Stock Exchange in order to focus trading to the benefit of investors.

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