PanAmSat And JSAT Deliver Satellite Services in Asia Pacific

Companies Expand Strategic Alliance, Setting The Stage For Further Global Cooperation

PanAmSat
Corporation and JSAT Corporation today announced the
formation of a strategic alliance for the distribution of digital
video, data and Internet services across the Asia Pacific market.

This alliance complements the original PanAmSat and JSAT joint
venture called “Horizons,” which supports the construction and
operation of a Ku-band satellite over the U.S. Through this new
agreement, PanAmSat and JSAT customers will be able to leverage the
strength and expertise of each operator in the Asia Pacific region to
deliver enhanced digital video, data and Internet delivery solutions
to their own customers.

“Through this expanded relationship with JSAT, PanAmSat will be
able to provide customers with an even greater level of power and
service in the Asia Pacific market,” said Joe Wright, president and
chief executive officer of PanAmSat. “Both the BT and JSAT agreements
are perfect examples of how PanAmSat is using joint ventures and
alliances in developing markets as a primary strategy for growth.
Rather than launching new satellites as a means of expansion in new
markets, we look for opportunities to expand through collaboration and
development with a trusted partner. This strategy results in a wide
range of solutions for customers and expanded market access at reduced
capital costs. We are excited to have the chance to explore new areas
of partnership and growth with JSAT.”

A leading satellite operator in the Asia Pacific region, JSAT owns
and operates a network of eight satellites and two ground facilities.
“When two of the most powerful companies in a region collaborate as
JSAT and PanAmSat have agreed to do here, both companies will be able
to provide customers with the best combined satellite distribution
solutions available,” said Takuya Yoshida, chief executive officer of
JSAT.

The signing of the agreement by Mr. Wright and Mr. Yoshida took
place in PanAmSat’s Wilton, CT headquarters. Through the expansion of
the relationship, PanAmSat customers will be able to distribute video
programming and data in the Asia-Pacific market, via JSAT’s C-band
payload on its JCSAT 2A and JCSAT 3 satellites and related ground
facilities. PanAmSat customers will also have access to JSAT’s
extensive range of communications and broadcasting services, as well
as to its expertise in broadcasting to the Asian market. JSAT’s
customers will be able to take advantage of PanAmSat’s PAS 2 and PAS 8
satellites, as well as PanAmSat’s strong broadcasting capabilities,
satellite neighborhoods, and ground facilities in the Asia Pacific
region.

About PanAmSat

PanAmSat Corporation is the premier provider of global video and
data broadcasting services via satellite. Operating a global network
of 22 in-orbit spacecraft, the company reaches 98 percent of the
world’s population through cable television systems, broadcast
affiliates, direct-to-home operators, Internet service providers and
telecommunications companies. PanAmSat is 81 percent owned by HUGHES
Electronics Corporation. For more information, visit the company’s web
site at www.panamsat.com.

About HUGHES

HUGHES is a world-leading provider of digital television
entertainment, broadband services, satellite-based private business
networks, and global video and data broadcasting. HUGHES is a unit of
General Motors Corporation. The earnings of HUGHES are used to
calculate the earnings per share attributable to the General Motors
Class H common stock .

About JSAT

JSAT is a leading satellite operator in the Asia-Pacific region.
The company owns and operates eight satellites in seven orbital slots.
JSAT provides communications and broadcasting services that offer a
range of unique features made possible by satellite communications
which is well suited to support the high-volume, wide-distribution,
high-speed networks. Based on its corporate slogan, “JSAT, Expanding
Horizons,” the company is working to actively expand its business.
JSAT is listed on the First Section of the Tokyo Stock Exchange. For
more information on JSAT, visit the company’s web site at
www.jsat.net.