Sea Launch release

Sea Launch Signs with PanAmSat for Second Land Launch Mission

Long Beach, Calif., September 6, 2005 -- The Sea Launch Company has 
signed an agreement with PanAmSat (NYSE: PA) for the launch of the 
Horizons-2 satellite, the second commercial mission scheduled to fly on 
the Land Launch system from the Baikonur launch site in Kazakhstan.

PanAmSat is executing one of several launch options as part of an 
agreement signed with Sea Launch on July 12, 2005. The agreement 
provides for a Zenit-3SLB vehicle to lift the Horizons-2 satellite to 
geosynchronous transfer orbit (GTO) from Baikonur in 2007. Built by 
Orbital Sciences Corporation, the 2,300 kg (5,070 lb) STAR-2 spacecraft 
will be located at 74 degrees West Longitude.

Horizons-2 is a new high-powered Ku-band satellite that will support 
services ranging from digital video, high-definition television (HDTV) 
and IP-based content distribution networks to broadband Internet and 
satellite newsgathering services (SNG) in the U.S. market. Horizons-2 is 
a joint venture between PanAmSat and JSAT Corporation. This is the 
second mission Sea Launch will perform for the Horizons venture. In 
September of 2003, Sea Launch successfully launched the 4,090 kg (9081 
lb) Galaxy XIII/Horizons-1 satellite to GTO.

The Land Launch system is based on the collaboration of the Sea Launch 
Company and Space International Services (SIS), both international 
companies, to meet the launch needs of an emerging market for dedicated 
commercial launches in the medium spacecraft mass range. Leveraging 
heritage hardware, systems and expertise, Land Launch uses a Zenit-3SLB 
version of the Sea Launch Zenit-3SL rocket from the existing Zenit 
launch site at Baikonur to lift commercial satellites in the 2000-3600 
kg range to GTO.

Sea Launch and SIS provide commercial customers with mission management 
while SIS is responsible for hardware production and launch operations. 
Land Launch uses Boeing’s experience and hardware acceptance procedures 
that have contributed to the outstanding launch record of the Sea Launch 
system. For additional information about Land Launch, please go to: 
www.sea-launch.com/land-launch/index.html

About PanAmSat
Through its owned and operated fleet of 25 satellites, PanAmSat 
(NYSE:PA) is a leading global provider of video, broadcasting and 
network distribution and delivery services. It transmits 1,991 
television channels worldwide and, as such, is the leading carrier of 
standard and high-definition signals. In total, the Company’s in-orbit 
fleet is capable of reaching over 98 percent of the world’s population 
through cable television systems, broadcast affiliates, direct-to-home 
operators, Internet service providers and telecommunications companies. 
In addition, PanAmSat supports satellite-based business networks in the 
U.S., as well as specialized communications services in remote areas 
throughout the world. For more information, visit the company’s web site 
at www.panamsat.com

About JSAT Corporation
JSAT is a leading satellite operator in the Asia-Pacific region. The 
company owns and operates nine satellites in eight 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. 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/en/

About Orbital Sciences Corporation
Orbital develops and manufactures small space systems for commercial, 
civil government and military customers. The company’s primary products 
are satellites and launch vehicles, including low-orbit, geostationary 
and planetary spacecraft for communications, remote sensing and 
scientific missions; ground- and air-launched rockets that deliver 
satellites into orbit; and missile defense boosters that are used as 
interceptor and target vehicles. Orbital also offers space-related 
technical services to government agencies and develops and builds 
satellite-based transportation management systems for public transit 
agencies and private vehicle fleet operators. More information about 
Orbital can be found at www.orbital.com

About Space International Services
Space International Services is a Moscow-based venture, founded by SDO 
Yuzhnoye and PO Yuzhmash of Ukraine, RSC Energia, the Design Bureau of 
Transport Machinery (KBTM), TseNKI (Center for Ground-based Space 
Infrastructure) and Ural Mining and Metallurgy Company (OAO UGMK) of 
Russia, with the firm support of the Russian Federal Space Agency, 
headed by Mr. A. N. Perminov.

About Sea Launch Company
Sea Launch Company, LLC, based in Long Beach, Calif., provides reliable 
heavy lift launch services to commercial satellite customers. Its 
international partners include Boeing (U.S.), Kvaerner ASA ( Norway), 
RSC Energia ( Russia) and SDO Yuzhnoye/PO Yuzhmash ( Ukraine). 
Established in 1995, Sea Launch has completed 16 successful missions to 
date. For additional information, please visit www.sea-launch.com
###

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