SES GLOBAL issues 4 year EUR 300 million Eurobond

SES GLOBAL S.A. (Luxembourg and Frankfurt Stock Exchanges: SESG), the world's leading fixed satellite services operator, announces that the Company has today, through its SES GLOBAL Americas Holdings GP, issued a new four-year Eurobond, guaranteed by SES GLOBAL S.A.

The EUR 300 million transaction was well received by the market. The book was oversubscribed and closed after three hours. The new issue was subsequently priced at 60 basis points over mid-swaps offering a coupon of 4.25%.

This transaction follows the successful completion by SES GLOBAL of its EUR 500 million inaugural benchmark Eurobond on November 5, 2003, which was more than six times subscribed.

Bookrunners for both transactions were Citigroup, Deutsche Bank, Dresdner Kleinwort Wasserstein, and Société Générale.

Proceeds of the new issue are being used to retire existing bi-lateral loan agreements.

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About SES GLOBAL

SES GLOBAL, the world's premier satellite company, 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 leading 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 comprising 41 satellites covering the globe. In addition, SES GLOBAL is a shareholder in satellite technology companies SATLYNX, Gilat Satellite Networks Ltd. and ND Satcom. SES GLOBAL shares are listed on the stock exchanges in Luxembourg and Frankfurt (SESG). Additional information is available on our website www.ses-global.com.