Versatile Spacecraft Commences Services Following Extensive In-Orbit Testing
and Careful Month-Long Customer Transition from PAS-4 Satellite

PanAmSat Corporation (NASDAQ: SPOT) today
announced that the PAS-10 Indian Ocean Region satellite is now beaming some
of the world’s most watched international broadcasters and cable programmers
across Europe, Africa and Asia. The company’s newest spacecraft succeeds the
PAS-4 satellite at 68.5 degrees east longitude, offering more robust C-band
capacity as well as higher Ku-band transmission power for video and
high-speed Internet and data applications.

PAS-10 was launched from the Baikonur Cosmodrome aboard a Proton rocket on
May 15, 2001. The satellite is a Boeing-built 601 HP model satellite with 24
C-band and 24 Ku-band transponders. The month-long customer transition from
PAS-4 was completed on August 5, 2001.

“PAS-10’s service commencement highlights our continued commitment to
providing superior satellite services to our valued and long-standing
customers,” said R. Douglas Kahn, PanAmSat’s president and chief executive
officer. “This flexible and powerful satellite also offers advanced
communications services to new customers in emerging markets across the
Indian subcontinent as well as Central and Western Asia.”

“We have gained significant experience in performing seamless migrations
after having transitioned five satellites in the last 12 months, thus
providing our customers with more robust platforms for the delivery of their
services,” said Robert Bednarek, PanAmSat’s executive vice president and
chief technology officer. “However, the logistical challenge and complexity
of PAS-10’s transition underscores the expertise of our technical
professionals and the close contact our sales force has with our customers.”

While Ku-band customers migrated easily, the transition of C-band customers
from PAS-4 to PAS-10 required a complex multi-step sequence due to frequency
coordination constraints and the difference in frequency plans between the
two satellites. PanAmSat’s technical and sales professionals worked closely
with customers to coordinate the move, mounting an aggressive campaign to
notify more than 15,000 cable operators of the frequency changes.

PAS-10’s C-band customers include the BBC, CNN, CCTV, Discovery,
Doordarshan, ESPN, MTV, NHK, Nickelodeon and Sony. These customers will rely
on PAS-10 to reach audiences throughout the satellite’s expansive footprint,
which includes Europe, Africa, the Middle East, the Indian subcontinent and
Asia.

PAS-10’s Ku-band payload, which offers 60 percent more Ku-band transmission
power than PAS-4, contains multiple high-powered beams focused on Africa,
Europe, India, the Middle East, Central and Western Asia as well as
Northeast Asia. Many of these beams can be switched between the various
regions, offering greater flexibility in the creation of new platforms for
the delivery of video, data and IP-based services.