Intelsat Expands North American Program Distribution for Spanish Broadcasting System

Intelsat, Ltd., the world's leading provider of commercial satellite services, announced today the signing of a new multi-year contract with Spanish Broadcasting System, Inc. (NASDAQ:SBSA) of Miami, Florida. Under this agreement, Spanish Broadcasting System will use Intelsat’s complete network of satellite, teleport and fiber for distribution of its Mega TV network programming to cable operators, direct-to-home (DTH) providers, and free-to-air affiliates throughout the continental United States, Alaska, Hawaii and Puerto Rico. SBS will transport its Mega TV content via fiber to one of Intelsat’s Miami video points-of-presence, from which the content will be backhauled via fiber to Intelsat’s Ellenwood, Georgia Teleport for encoding, multiplexing and transmission on Intelsat’s Galaxy 13 satellite at 127.0° W. "In the global society that we live in today, it’s imperative that we have a robust network in place that provides us with strategic distribution points, in real time, allowing us to seamlessly expand into new markets,” said Cynthia Hudson-Fernandez, Executive Vice President and Chief Creative Officer of Mega TV. "Mega TV is growing at a very fast pace, and our requirements of key viewership access in the Americas, be it DTH, cable or otherwise, could only be met through Intelsat.” "Intelsat’s satellite, teleport and fiber network offers the most comprehensive transmission platform in the industry today,” said Carmen Gonzalez-Sanfeliu, Intelsat’s Regional Vice President, Latin America and the Caribbean. "Across our network we offer broadcasters the best video neighborhoods, resulting in the most efficient programming distribution platform.” About Intelsat Intelsat is the leading provider of fixed satellite services (FSS) worldwide and is the leading provider of these services to each of the media, network services and government customer sectors, enabling people and businesses everywhere constant access to information and entertainment. Intelsat offers customers a greater business potential by providing them access to unrivaled resources with ease of business and peace of mind. An extensive customer base, including some of the world’s leading media and communications companies, multinational corporations, Internet service providers and government/military organizations, utilizes our services. Real-time, constant communication with people anywhere in the world is closer, by far. About Spanish Broadcasting System, Inc. Spanish Broadcasting System, Inc. is the nation’s largest publicly traded Hispanic-controlled media and entertainment company. A multimedia organization, SBS has developed a diversified portfolio of radio, TV and online brands that reach millions of Spanish-speaking fans every day. SBS currently owns and operates 20 radio stations located in the top Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico. The Company also owns and operates Mega TV, a rapidly growing television station based in South Florida with national distribution through DIRECTV. SBS’s bilingual Spanish-English Web site, www.LaMusica.com, is one of the leading online destinations for Hispanic entertainment content. SBS also produces live concerts and events throughout the U.S. and Puerto Rico. The Company’s corporate website can be accessed at www.spanishbroadcasting.com. Intelsat Safe Harbor Statement. 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, including known and unknown risks. Detailed information about some of the known risks is included in Intelsat's annual report on Form 10-K for the year ended December 31, 2006 and other filings 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. SBSA Safe Harbor Statement. This press release may contain both forward-looking statements. All statements other than statements of exclusive historical fact are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are not based on historical facts, but rather reflect our current expectations concerning future results and events. We do not intend to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our Company’s historical experience and our present expectations or projections. These risks and uncertainties include, but are not limited to, those described in our annual report on Form 10-K for the year ended December 31, 2006, and those described from time to time in our future reports filed with the Securities and Exchange Commission.