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AsiaSat 4 Construction Formally Commences

AsiaSat, Asia's leading satellite operator, serves over two-thirds of the world's population with its fleet of satellites. The AsiaSat satellite system provides services to both the broadcast and telecommunications industries. Over 100 analogue and digital television channels and 90 radio channels are now delivered by the company's satellites, reaching over 80 million households, with more than 300 million viewers across the Asia Pacific region. Many telecommunications customers also use AsiaSat for public telephone networks, private VSAT networks and high speed Internet and multimedia services.

New York, September 5, 2000
Asia Satellite Telecommunications Company Limited (AsiaSat) announced that the construction of AsiaSat 4 has formally commenced following the conclusion of a satellite procurement contract with Hughes Space and Communications International, Inc (Hughes).

AsiaSat 4 is the Company's fourth satellite, scheduled for launch in the first half of 2002. This new satellite will be positioned at the orbital slot of 122 degrees East.

AsiaSat 4, a Hughes HS601HP satellite, will carry 28 C-band and 20 Ku-band transponders and has an operational life of 15 years. The C-band payload is designed to offer pan-Asian coverage, similar to that of the Company's two other satellites, AsiaSat 2 and AsiaSat 3S. The Ku-band payload, offering high power and spot beams for selected areas, will consist of 16 Ku-band transponders operating in the FSS (Fixed Satellite Service) frequency band and four designed to operate in the BSS (Broadcast Satellite Service) frequency band. Assigned by the International Telecommunication Union (ITU) to Hong Kong at 122 degrees East, these BSS frequencies allow broadcasters to offer Direct-to-Home (DTH) service in Hong Kong on AsiaSat 4.

"We are very excited about adding a new member to our fleet of satellites. Our procurement of AsiaSat 4 marks another major milestone of AsiaSat's expanding satellite service for the Asia Pacific region. We look forward to meeting the future demand for satellite-delivered applications by exploring opportunities at this new orbital location," said Peter Jackson, Chief Executive Officer of AsiaSat.

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