SES S.A. ?550,000,000 Revolving Credit Facility Successfully Completed



    SES S.A. (Paris:SESG) (LuxX:SESG), the world´s

    preeminent satellite operator, is pleased to announce today the

    successful closing and signing of a €550,000,000

    Revolving Credit Facility. Following strong support from new and existing banks, the facility

    closed considerably oversubscribed and has been increased from a launch

    amount of €350,000,000 while still having a

    significant element of scale back for the committed banks. The syndicate

    comprises 20 banks. The facility, which was arranged by ABN AMRO Bank N.V., The Bank of

    Tokyo Mitsubishi UFJ, Ltd., BNP Paribas and Fortis Bank S.A./N.V., is

    for general corporate purposes and has been structured as a two year

    multicurrency revolving credit facility with a one year extension option

    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 60bps p.a. Mark Rigolle, Chief Financial Officer of SES, commented: "We are pleased

    to have secured this facility and to have extended our funding

    alternatives. The successful conclusion of this syndicated loan reflects

    SES´s position as an investment grade credit, and underlines our ability

    to secure funding on attractive terms, even in the current credit

    environment." About SES SES (Paris:SESG) (LuxX:SESG) wholly owns three market-leading satellite

    operators, SES ASTRA in Europe, SES AMERICOM in North America and SES

    NEW SKIES, which provides global coverage and connectivity. The Company

    also holds 90% of SES SIRIUS in Europe as well as strategic

    participations in Ciel in Canada and Quetzsat in Mexico. SES provides

    outstanding satellite communications solutions via a fleet of 38

    satellites in 25 orbital positions around the globe. Additional

    information on SES is available at: www.ses.com