Media Release

APSTAR-IIR, a FS-1300 model with high output power, is built by Space Systems/Loral Inc. and is equipped with 28 C-band and 16 Ku-band transponders. It is expected that following the successful launch of the satellite and the commencement of commercial operations, together with the other two in-orbit satellites, APSTAR-I and APSTAR-IA, the Company will have set up a comprehensive and advanced satellite system providing quality and reliable satellite transponder services for more than 100 countries throughout Asia, Europe, Africa and Australia, serving approximately 75% of the world's population. Currently, the lease-out rate of APSTAR-I and APSTAR-IA are over 90%. Prior to the launch of APSTAR-IIR, 50% of its transponder capacity have been leased or committed. Its launch service provider, China Great Wall Industry Corporation, had successfully launched five satellites consecutively to their respective designated slots using the Long March series of launch vehicles. This is evident that the quality and reliability of its launch services have been greatly improved.

APT Satellite believes that when APSTAR-IIR is put in service, it will further enhance the Company's revenue.

APT Satellite Holdings Limited
Marketing Director, Mr Yang Xue Ming
IR/Company Secretary, Mr Brian Lo

Tel:	(852) 2526 2281
Fax:	(852) 2522 0419
E-Mail:	aptmk@apstar.com
web-site:	http://www.apstar.com