PanAmSat Corporation Announces Fiscal Year 2005 Third Quarter Conference Call and Comments on Third Quarter Results

PanAmSat Corporation Announces Fiscal Year 2005 Third Quarter Conference Call and Comments on Third Quarter Results

WILTON, Conn., Nov. 1 /PRNewswire-FirstCall/ -- PanAmSat Corporation (NYSE:PA) will host a conference call on November 9, 2005 at 10 a.m. ET to discuss the Company's fiscal third quarter ended September 30, 2005.

Investors can participate in the conference call by dialing (866) 558-6905 (U.S. and Canada) or (913) 643-4235 (International); use the confirmation code 'PA'.

For your convenience, the conference call can be replayed in its entirety beginning at 1 p.m. ET on November 9, 2005 through November 16, 2005. If you wish to listen to the replay of this conference call, please dial (888) 203- 1112 or (719) 457-0820 and enter passcode 4502571.

The conference call will also be broadcast live through a link on the Investor Relations page on the PanAmSat Web site at http://www.panamsat.com/ . Please go to the Web site at least 15 minutes prior to the call to register, download and install any necessary audio software.

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 nearly 2,000 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 % 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 the largest concentration of 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.

CONTACTS: Kathryn Lancioni, VP, Corporate Communications of PanAmSat Corporation, +1-203-210-8000 or Mark McCall of Financial Dynamics, +1-212-850- 5600

NOTE: The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward- looking statements so long as such information is identified as forward looking and is accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in the information. When used in this press release, the words "estimate," "plan," "project," "anticipate," "expect," "intend," "outlook," "believe," and other similar expressions are intended to identify forward-looking statements and information. Actual results may differ materially from anticipated results due to certain risks and uncertainties, which are more specifically set forth in the "Financial Guidance/Recent Presentations" page of the Investor Relations section of our website and the Company's annual report on Form 10-K for the year ended December 31, 2003 on file with the Securities and Exchange Commission.

The risks and uncertainties that could cause our actual results to
differ, include but are not limited to (i) risks associated with
operating our in-orbit satellites, (ii) risks of satellite launch
failures, satellite launch and construction delays and in-orbit failures
or reduced performance, (iii) risk that we may not be able to obtain new
or renewal satellite insurance policies on commercially reasonable terms
or at all, (iv) risks related to possible future losses on satellites
that are not adequately covered by insurance, (v) risks related to
domestic and international government regulation, (vi) risks related to
the Company's contracted backlog or expected backlog for future services,
(vii) risks relating to pricing pressure and overcapacity in markets in
which we operate, (viii) risks of inadequate access to capital markets,
(ix) risks related to competition, (x) risks related to customer defaults
on their obligations owed to us, (xi) risks of doing business
internationally, (xii) risks associated with the Company's high level of
indebtedness, (xiii) risks related to control by our majority stockholder
and (xiv) litigation. PanAmSat cautions that the foregoing list of
important factors is not exclusive, and PanAmSat undertakes no obligation
to publicly update any forward-looking statement. Further, PanAmSat
operates in an industry sector where securities values may be volatile
and may be influenced by economic and other factors beyond the Company's
control.

Source: PanAmSat Corporation

CONTACT: Kathryn Lancioni, VP, Corporate Communications of PanAmSat
Corporation, +1-203-210-8000 or Mark McCall of Financial Dynamics,
+1-212-850-5600

Web site: http://www.panamsat.com/

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