Intelsat S.A. (NYSE: I) (" Intelsat"), operator of the world's first Globalized Network and leader in integrated satellite communications, today announced that its indirect wholly-owned subsidiaries, Intelsat Jackson Holdings S.A. (" Intelsat Jackson"), Intelsat Connect Finance S.A. (" Intelsat Connect"), and Intelsat (Luxembourg) S.A. (" Intelsat Luxembourg" and, together with Intelsat Jackson and Intelsat Connect, the " Issuers") each has extended the Expiration Time and Withdrawal Deadline for (i) its respective previously announced offer or offers to exchange (collectively, the " Exchange Offers") certain of its respective outstanding senior unsecured notes (the " Existing Notes") for new mandatorily exchangeable senior unsecured notes (the " Exchange Notes"), and (ii) its respective previously announced solicitation or solicitations of consents (collectively, the " Consent Solicitations") to amend the indentures governing the Existing Notes.

The Expiration Time for each of the Exchange Offers and each of the Consent Solicitations has been extended from the end of the day, 12:00 midnight, New York City time, on May 10, 2017, to 5:00 p.m., New York City time, on May 15, 2017. The Withdrawal Deadline for each of the Exchange Offers and each of the Consent Solicitations has been extended from 11:59 p.m., New York City time, on May 10, 2017, to 4:59 p.m., New York City time, on May 15, 2017. All other terms, provisions and conditions of the Exchange Offers and Consent Solicitations remain in full force and effect. Such terms, provisions and conditions are described more fully in the respective confidential offering memoranda for the Exchange Offers and Consent Solicitations (the " Offering Memoranda") dated as of March 24, 2017, and the related materials, copies of which were previously distributed to eligible holders of the Existing Notes. The Exchange Offers and Consent Solicitations are being conducted solely pursuant to the Offering Memoranda and related materials (collectively, the " Exchange Offers Materials").

As of the end of the day, 12:00 midnight, New York City time, on May 10, 2017, Intelsat was informed by the Information and Exchange Agent (as defined below) that (i) approximately $12.24 million aggregate principal amount of Intelsat Jackson's 7.25% Senior Notes due 2019 had been tendered into Intelsat Jackson's Exchange Offers, representing approximately 0.82% of the outstanding aggregate principal amount of Intelsat Jackson's 7.25% Senior Notes due 2019; (ii) approximately $6.98 million aggregate principal amount of Intelsat Jackson's 7.25% Senior Notes due 2020 had been tendered into Intelsat Jackson's Exchange Offers, representing approximately 0.32% of the outstanding aggregate principal amount of Intelsat Jackson's 7.25% Senior Notes due 2020; (iii) approximately $0.71 million aggregate principal amount of Intelsat Jackson's 7.50% Senior Notes due 2021 had been tendered into Intelsat Jackson's Exchange Offers, representing approximately 0.06% of the outstanding aggregate principal amount of Intelsat Jackson's 7.50% Senior Notes due 2021; (iv) approximately $7.03 million aggregate principal amount of Intelsat Jackson's 5.50% Senior Notes due 2023 had been tendered into Intelsat Jackson's Exchange Offers, representing approximately 0.35% of the outstanding aggregate principal amount of Intelsat Jackson's 5.50% Senior Notes due 2023; (v) approximately $0.25 million aggregate principal amount of Intelsat Connect's 12.50% Senior Notes due 2022 had been tendered into Intelsat Connect's Exchange Offer, representing approximately 0.03% of the outstanding aggregate principal amount of Intelsat Connect's 12.50% Senior Notes due 2022; (vi) approximately $2.99 million aggregate principal amount of Intelsat Luxembourg's 7.75% Senior Notes due 2021 had been tendered into Intelsat Luxembourg's Exchange Offers, representing approximately 0.29% of the aggregate principal amount of the outstanding Intelsat Luxembourg's 7.75% Senior Notes due 2021; and (vii) approximately $0.66 million aggregate principal amount of Intelsat Luxembourg's 8.125% Senior Notes due 2023 had been tendered into Intelsat Luxembourg's Exchange Offers, representing approximately 0.07% of the aggregate principal amount of the outstanding Intelsat Luxembourg's 8.125% Senior Notes due 2023.

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