PA Panamsat Holding Cor

PanAmSat Declares Second Quarter 2005 Dividend WILTON, Conn., June 20 /PRNewswire-FirstCall/ -- PanAmSat Holding Corporation today announced that its board of directors declared a quarterly dividend for the period from April 1, 2005 to June 30, 2005, in the amount of $0.3875 per share, payable on or about July 15, 2005, to stockholders of record as of June 30, 2005. Such quarterly amount is equivalent to a rate of $1.55 per share on an annual basis. While PanAmSat intends to pay regular quarterly dividends pursuant to its new dividend policy, all subsequent dividends will be declared by the PanAmSat board of directors at its discretion. About PanAmSat Through its owned and operated fleet of 23 satellites, PanAmSat (NYSE:PA) is a leading global provider of video, broadcasting and network distribution and delivery services. In total, the Company's in-orbit fleet is capable of reaching over 98 percent 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 http://www.panamsat.com/. PanAmSatAG. DATASOURCE: PanAmSat Holding Corporation CONTACT: Kathryn Lancioni, VP, Corporate Communications of PanAmSat Holding Corporation, +1-203-210-8000 Web site: http://www.panamsat.com/

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