Betzdorf, May 20th, 2008 – SES S.A., the world’s preeminent satellite operator (Euronext Paris and Luxembourg Stock Exchange: SESG), is pleased to announce today the successful closing and signing of a €550,000,000 Revolving Credit Facility.

Following strong support from new and existing banks, the facility closed considerably oversubscribed and has been increased from a launch amount of €350,000,000 while still having a significant element of scale back for the committed banks. The syndicate comprises 20 banks.

The facility, which was arranged by ABN AMRO Bank N.V., The Bank of Tokyo Mitsubishi UFJ, Ltd., BNP Paribas and Fortis Bank S.A./N.V., is for general corporate purposes and has been structured as a two year multicurrency revolving credit facility with a one year extension option at the discretion of the lenders. The margin is linked to a ratings grid and at the current rating of BBB / Baa2 the margin is 60bps p.a.

Mark Rigolle, Chief Financial Officer of SES, commented: "We are pleased to have secured this facility and to have extended our funding alternatives. The successful conclusion of this syndicated loan reflects SES's position as an investment grade credit, and underlines our ability to secure funding on attractive terms, even in the current credit environment."

About SES    

SES (Euronext Paris, Luxembourg Stock Exchange: SESG) wholly owns three market-leading satellite operators, SES ASTRA in Europe, SES AMERICOM in North America and SES NEW SKIES, which provides global coverage and connectivity. The Company also holds 90% of SES SIRIUS in Europe as well as strategic participations in Ciel in Canada and Quetzsat in Mexico. SES provides outstanding satellite communications solutions via a fleet of 38 satellites in 25 orbital positions around the globe. Additional information on SES is available at: www.ses.com

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