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SYS-CON MEDIA Authors: Elizabeth White, Mike Kavis, Carmen Gonzalez, Pat Romanski, Liz McMillan

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SES Successfully Completed Closing of a Renewal of the 1.2BNEUR Credit Facility

SES (NYSE Paris:SESG) (LuxX:SESG), operator of a global fleet of 55 communication satellites, is pleased to announce today the successful closing and signing of a renewal of the €1,200,000,000 Revolving Credit Facility.

Following strong support from new and existing banks, the Facility closed considerably oversubscribed having a significant element of scale back for the committed banks.

The Facility comprises 20 banks and was arranged by

BANCO BILBAO VIZCAYA ARGENTARIA, S.A., BANK OF CHINA (LUXEMBOURG) S.A., THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., BANQUE ET CAISSE D'EPARGNE DE L'ETAT, LUXEMBOURG,BARCLAYS BANK PLC, BNP PARIBAS, COMMERZBANK AKTIENGESELLSCHAFT, CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK BELGIUM BRANCH, CREDIT SUISSE AG, LONDON BRANCH, DEUTSCHE BANK LUXEMBOURG S.A.,GOLDMAN SACHS BANK USA, ING LUXEMBOURG S.A., INTESA SANPAOLO S.P.A., J.P. MORGAN LIMITED, LANDESBANK BADEN-WÜRTTEMBERG, LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE, MIZUHO BANK NEDERLAND N.V., THE ROYAL BANK OF SCOTLAND PLC, ACTING THROUGH ITS PARIS BRANCH, SOCIETE GENERALE CORPORATE AND INVESMTENT BANKING (THE CORPORATE & INVESTMENT BANK DIVISION OF SOCIETE GENERAL), SUMITOMO MITSUI BANKING CORPORATION and COMMERZBANK AKTIENGESELLSCHAFT, FILIALE LUXEMBURG as Agent.

The Facility is for general corporate purposes and has been structured as a 5 year multicurrency revolving credit facility with two one year extension options at the discretion of the lenders. The margin is linked to a ratings grid and at the current rating of BBB / Baa2 the margin is 45bps p.a. (replacing the former syndicated and committed credit line with a margin of 95bps p.a.)

Padraig McCarthy, Chief Financial Officer of SES, commented: ”We are pleased to have secured this financing, which further strengthens our liquidity profile. The successful conclusion of this credit agreement reflects the market's view of SES as a strong investment grade credit, and underlines our ability to secure funding on attractive terms”.

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YouTube: http://www.youtube.com/SESVideoChannel

Blog: http://en.ses.com/4243715/blog

Find pictures and videos under: http://www.ses.com/4245221/library

About SES

SES is a world-leading satellite operator with a fleet of 55 geostationary satellites. The company provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators and business and governmental organisations worldwide.

SES stands for long-lasting business relationships, high-quality service and excellence in the broadcasting industry. The culturally diverse regional teams of SES are located around the globe and work closely with customers to meet their specific satellite bandwidth and service requirements.

SES (NYSE Paris:SESG) (LuxX:SESG) holds participations in Ciel in Canada and QuetzSat in Mexico, as well as a strategic participation in satellite infrastructure start-up O3b Networks. Further information under: www.ses.com

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