Satélites Mexicanos, S.A. de C.V. Announces New Chief Financial Officer

Satélites Mexicanos, S.A. de C.V. (“Satmex”) has announced that,

effective as of September 19, 2012, Mr. Juan García-Gayou Facha has been

appointed as its Chief Financial Officer. There are no arrangements or

understandings between Mr. García-Gayou and any other persons pursuant

to which he was selected as Chief Financial Officer.

Prior to joining Satmex, Mr. García-Gayou, 41, served as CFO for ICA

Infraestructura, which is the long term investments division at Empresas

ICA, a major construction and engineering holding in Mexico. Mr.

Garcia-Gayou also served as Director of Finance at Thomson Reuters.

Mr. Garcia-Gayou holds a B.S. in Industrial Engineering from Universidad

Nacional Autónoma de México (UNAM), a B.S. in Economics from Instituto

Tecnólogico Autónomo de México (ITAM), and an MBA from MIT Sloan School

of Management.

“Juan has a very solid track record, his skill set and expertise will

enhance the management team at Satmex. Juan is an excellent fit to the

culture and values that we have at Satmex, I am very pleased to have him

on board and I am confident he will guide important efforts that will

help the Company achieve its goals,” says Patricio Northland, CEO at