At their Annual General Meeting (AGM) on May 6th, 2002 in Betzdorf, Luxembourg, shareholders of SES GLOBAL S.A. (Luxembourg Stock Exchange: SESG; Frankfurt Stock Exchange: SDSL) approved the Company's year 2001 accounts and the proposed dividend of €0.24 per A-Share, which will be paid to shareholders and holders of SES GLOBAL FDRs on May 27th, 2002.

The shareholders also elected a new Board of Directors for SES GLOBAL S.A. whose members are:

• Mr. Charles Alexander
• Mr. Wolfgang A. Baertz
• Mr. John F. Connelly
• Mr. Ernst Wilhelm Contzen
• Mr. Jean-Claude Finck
• Mr. Richard Goblet d'Alviella
• Mr. Raymond Kirsch
• Dr. Joachim Kröske
• Dr. Raphael Kübler
• Mr. Hadelin de Liedekerke Beaufort
• Mr. Denis J. Nayden
• Mr. Gaston Reinesch
• Mr. Victor Rod
• Mr. Luis Sanchez-Merlo Ruiz
• Mr. Christian Schaack
• Mr. Georges Schmit
• Mr. Gaston Schwertzer
• Mr. René Steichen
• Mr. Gerd Tenzer
• Mr. François Tesch
• Mr. Jean-Paul Zens

The Board of Directors held a meeting following the AGM at which Mr. René Steichen was appointed Chairman of the Board with Messrs. John F. Connelly, Gerd Tenzer, and Jean-Paul Zens being appointed Vice-Chairmen.

The Board of Directors of SES GLOBAL also decided to proceed with the preparations for a possible international public equity offering combined with a listing on the New York Stock Exchange, in addition to the Luxembourg and Frankfurt listings.

No registration statement covering any securities of SES GLOBAL has been filed with the US Securities and Exchange Commission. Should SES GLOBAL elect to proceed with an offering, the offered securities may not be offered or sold, nor may offers to buy be accepted, in the United States prior to the time a registration statement becomes effective. Should SES GLOBAL elect to proceed with an offering in the United States, it will file such a registration statement containing detailed information about the company and management, as well as financial statements, and any public offering of securities in the United States will be made by means of a prospectus that may be obtained from SES GLOBAL. This release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States or in any other jurisdiction.

For further information please contact:

Yves Feltes SES GLOBAL Press Relations Manager Tel (352) 710 725 -311 Yves.Feltes@ses-global.com

Mark Roberts SES GLOBAL Inverstor Relations Manager Tel (352) 710 725 -490 Mark.Roberts@ses-global.com

 

About SES GLOBAL

SES GLOBAL, the world's premier satellite operator, was born out of the combination of ASTRA, Europe's leading provider of satellite capacity for direct-to-home reception, and AMERICOM, one of America's premier Fixed Satellite Services operators. SES ASTRA and SES AMERICOM are the operating companies of SES GLOBAL. The Company also owns strategic holdings in first-class regional satellite service providers, which are SES GLOBAL partner companies, including AsiaSat and AMERICOM ASIA-PACIFIC in Asia, Star One and Nahuelsat in Latin America, and NSAB in Europe. Approximately 95 percent of the world's population live within the footprints of the SES GLOBAL satellite network. In addition, SES GLOBAL is a shareholder in satellite technology companies Gilat Satellite Networks Ltd. and ND Satcom. SES GLOBAL shares are listed on the stock exchanges in Luxembourg (SESG) and Frankfurt (SDSL). Visit SES GLOBAL at www.ses-global.com