Intelsat to Provide International Distribution for Radio e Televisao de Portugal.

AMSTERDAM, The Netherlands -- Intelsat today announced at the IBC show in Amsterdam that a significant three-year contract with Radio e Televisao de Portugal (RTP), Portugal's state broadcaster, has been signed, under which Intelsat will provide end-to-end, international distribution of RTP content to Europe, Africa and Latin America.

Intelsat, packaging teleport services with capacity on the IS-706, IS-805 and IS-907 satellites, is providing completely digital, end-to-end network services for cable, system master antenna television and direct broadcasting of RTP's bouquet of International, themed channels to millions of viewers.

"We needed a highly reliable satellite network with global coverage to ensure an end-to-end, high-quality signal was preserved during international transmission," said Luis Quaresma, Advisor to the Board of Directors at RTP. "To this end, we extended our contracts with Intelsat, as we knew that its expertise and state-of-the-art video distribution network could easily accommodate our evolving international requirements."

"Intelsat has made a strong commitment to efficiently serve the broadcast market, as demonstrated by the enhancement of our state-of-the-art network and provision of a specific video operations center that is staffed all day, every day by people who know the broadcast business well and can make transmissions happen on a moment's notice," said Ramu Potarazu, COO, Intelsat Ltd. "Intelsat is a serious player in the international distribution market; we have designed our network to specifically support broadcasters that need creative, innovative and reliable services and solutions."

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Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. The forward-looking statements made in this release reflect Intelsat's intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside of Intelsat's control. Important factors that could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. Detailed information about some of the known risks is included in Intelsat's annual report on Form 20-F for the year ended December 31, 2003 on file with the U.S. Securities and Exchange Commission. Because actual results could differ materially from Intelsat's intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution. Intelsat does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.