Eutelsat Communications: Information Related to the Board of Directors

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Jul 03, 2012, 05:54 ET

PARIS, July 3, 2012 /PRNewswire/ --

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL), one of the world's leading satellite operators, announces the resignation of two Directors from its Board on June 25, 2012: Abertis Infraestructuras, represented by Francisco Reynes Massanet, and Abertis Telecom, represented by Marta Casas Caba. These resignations follow the announcement on June 22, 2012 by the Abertis Group of the partial sale of its stake in Eutelsat Communications thereby reducing its holding from 15.35% to 8.35% of shares outstanding.

Eutelsat Communications' Board of Directors now counts eight members of which four are independent.

About Eutelsat

Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is the holding company of Eutelsat S.A. With capacity commercialised on 28 satellites that provide coverage across Europe, as well as the Middle East, Africa and significant parts of Asia and the Americas, Eutelsat is one of the world's three leading satellite operators. As of 31 March 2012 Eutelsat's satellites were broadcasting more than 4,250 television channels to over 200 million cable and satellite homes in Europe, the Middle East and Africa. The Group's satellites also serve a wide range of fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat's broadband subsidiary, Skylogic, markets and operates high speed Internet services through teleports in France and Italy that serve consumers, enterprises, local communities, government agencies and aid organisations in Europe, Africa, Asia and the Americas. Headquartered in Paris, Eutelsat and its subsidiaries employ just over 750 commercial, technical and operational professionals. This culturally diverse staff comprises employees from 30 countries.