Hong Kong,12 September 2005 -- APT Satellite Holdings Limited (the "Company") (HKEx: 1045; NYSE: ATS) today announced its unaudited interim results of the Company and its subsidiaries (collectively,the "Group") for the six months ended 30 June 2005 (the "Period"). For the Period,the Group¡¯s turnover amounted to HK$144,252,000 (2004: HK$130,623,000),while its loss attributable to shareholders amounted to HK$10,390,000 (2004: loss HK$50,992,000). Basic loss per share was 2.51 HK cents (2004: loss 12.34 HKcents). The Board of Directors of the Company has resolved not to declare any interim dividend for the six months ended 30 June 2005 (2004: nil).

Mr. Ni Yifeng,Executive Director and President of the Group said,"During the Period,the supply over demand of transponders in the Asia Pacific region and intense competition in the transponder market continued to plague the Group. Moreoever,the completion of the Satellite Replacement Programme of the Group has significantly increased its transponder capacity. As of 30 June 2005,the utilisation rates of APSTAR V,VI and IIR were at 58.5%,27.1% and 100% respectively. Meanwhile,their corresponding telemetry,tracking and control systems have been operating under normal condition."

APSTAR VI,which is the fifth in-orbit satellite of the Group,was launched aboard a Long March 3B launch vehicle from the Xichang Satellite Launch Center on 12 April 2005 (Hong Kong time). APSTAR VI is a high-power satellite based on a SB-4100 C1 model supplied by Alcatel Space with 38 C-band transponders and 12 Ku-band transponders. Located at geostationary orbital slot 134 degrees East longitude,it serves as a replacement satellite for APSTAR IA. This satellite will provide high-power Asia Pacific footprints with its C-band transponders covering China,India,Southeast Asia,Australia,South Pacific Islands,Guam and Hawaii,while its Ku-band focusing in China. The customers of APSTAR IA have successfully migrated to APSTAR VI.

APSTAR V,being the fourth in-orbit satellite of the Group to replace APSTAR I,commenced commercial operation on 13 August 2004. APSTAR V is a high-power satellite,based on FS1300 model of Space System/Loral Inc. with 38 C-band transponders and 16 Ku-band transponders. Its C-band transponders cover China,India,Southeast Asia,Australia,New Zealand,South Pacific Islands,Guam and Hawaii whereas its Ku-band transponders cover Mainland China,India,Taiwan,Hong Kong and Korea.

Mr Ni said,"The commencements of APSTAR V and APSTAR VI will effectively strengthen the competitive edges of the Group in the transponder services market by providing the latest advanced and comprehensive satellite communication and broadcasting services to our customers. Our APSTAR VI has a strong neighborhood effect owing to the presences of CCTV and other renowned Chinese broadcasters and will become one of the most popular multilingual and multicultural satellite platforms in the Asia Pacific Region. As for APSTAR V,it supports various transponder services including DTH broadcasting,Internet and VSAT services within Asia while providing an inter-connection to the United States."

APT Satellite TV Development Limited ("APT TV"),a wholly-owned subsidiary of the Group,has successfully established a satellite TV broadcasting platform and has been aggressively expanding the broadcasting and uplink services under the Satellite TV Uplink and Downlink Licence of the Hong Kong Special Administrative Region ("HKSAR"). As at 30 June 2005,APT TV uplinks and broadcasts up to 37 satellite TV channels for the broadcasters of the region.

APT Telecom Services Limited ("APTS"),a wholly-owned subsidiary of the Group holding the Fixed Carrier Licence of the HKSAR,continues to provide satellite-based external telecommunications services such as VSAT,wholesales voice services,facilities management ser