Intelsat, Ltd. today announced that it has appointed KPMG LLP to serve as
its independent auditor for the fiscal year ending 31 December 2002. The
appointment of KPMG LLP to replace Arthur Andersen LLP as Intelsat, Ltd.’s
auditor is subject to the approval of Intelsat, Ltd.’s shareholders at a
meeting to be held on 4 June 2002.

About Intelsat

Intelsat, Ltd. offers telephony, corporate network, video and Internet
solutions around the globe via capacity on
23 geosynchronous satellites in prime orbital locations. Customers in
approximately 200 countries and territories rely on Intelsat satellites and
staff for quality connections, global reach and reliability. For more
information, visit


Dianne VanBeber

+ 1 202 944 7406

Some of the statements in this news release constitute "forward-looking
statements" that do not directly or exclusively relate to historical facts.
These forward-looking statements reflect our intentions, plans,
expectations, assumptions and beliefs about future events and are subject to
risks, uncertainties and other factors, many of which are outside our
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. Becaus2tual results could
differ materially from our intentions, plans, expectations, assumptions and
beliefs about the future, you are urged to view all forward-looking
statements contained in these news releases 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.