Intelsat Commences Proposed Initial Public Offering of Common Shares and Concurrent Public Offering of Series A Mandatory Convertible Junior Non-Voting Preferred Shares

2 April 2013

Intelsat Global Holdings S.A., to be renamed Intelsat S.A. (the "Company"), today announced that it has commenced the distribution of preliminary prospectuses in anticipation of its proposed initial public offering of 21,739,130 common shares and proposed concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the "Series A preferred shares").  The offerings are being made pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission.  The Company has granted the underwriters in the initial public offering of common shares a 30-day option to purchase up to an additional 3,260,869 common shares.  The Company has granted the underwriters in the public offering of Series A preferred shares a 30-day option to purchase up to an additional 450,000 Series A preferred shares.  The Company intends to list its common shares on the New York Stock Exchange under the symbol "I" and its Series A preferred shares on the New York Stock Exchange under the symbol "I PR A."