Intelsat S.A. has announced its subsidiary Intelsat (Luxembourg) S.A. (formerly known as Intelsat (Bermuda), Ltd.) has extended its pending exchange offer (the “Exchange Offer”). The Company will exchange up to US$2,805,000,000 aggregate principal amount of its 11-¼ percent Senior Notes due 2017 (the “New 2017 Notes”) and US$2,149,991,000 aggregate principal amount of its 11-½ percent/12-½ percent Senior PIK Election Notes due 2017 (the “New 2017 PIK Notes”), that have been registered under the Securities Act of 1933, as amended, for a like principal amount of its issued and outstanding unregistered 11-¼ percent Senior Notes due 2017 (the “Old 2017 Notes”) and unregistered 11-½ percent/12-½ percent Senior PIK Election Notes due 2017 (the “Old 2017 PIK Notes” and, together with the Old 2017 Notes, the “Old Notes”) that were issued on June 27, 2008.

The Exchange Offer was originally scheduled to expire at 5:00 p.m., New York City time, on January 12, 2010, unless extended. As of the close of business on January 12, 2010, approximately US$2,701,000,000, or approximately 96.29 percent, of the Old 2017 Notes, and approximately US$2,132,995,622, or approximately 99.21 percent, of the Old 2017 PIK Notes, have been confirmed as tendered in exchange for a like principal amount of the New 2017 Notes and the New 2017 PIK Notes, respectively.  The new expiration date for the Exchange Offer is 5:00 p.m., New York City time, on January 13, 2010, unless further extended by Intelsat.

This announcement is not an offer to exchange, or the solicitation of an offer to exchange, with respect to the Old Notes.  The Exchange Offer is being made solely by a prospectus dated December 14, 2009, and the Exchange Offer, as extended hereby, remains subject to the terms and conditions stated therein.