Boeing to Build 4 Satellites for Asia Broadcast Satellite/Satmex Team

> 1st order for Boeing 702SP ‘small platform’ satellite
> Expands range of power available in Boeing satellite portfolio
> 2 satellites can launch together on 1 rocket
 

EL SEGUNDO, Calif., March 13, 2012 – The Boeing Company [NYSE: BA] has
been awarded a four-satellite contract, with options for four additional satellites, through
a joint procurement by Asia Broadcast Satellite (ABS) and Satelites Mexicanos
(Satmex). Financial details were not disclosed.

The first two satellites, ABS-3A and Satmex 7, are scheduled to be delivered
together in late 2014 or early 2015. Details about the other two satellites, including
names and launch plans, will be announced at a later date.

 “This award advances Boeing’s commitment to being a full-service satellite
provider for both commercial and government customers,” said Craig Cooning, vice
president and general manager of Boeing Space & Intelligence Systems. “Boeing
invested two years in designing the 702SP ‘small platform’ satellite, which will operate in
the 3- to 8-kilowatt power range. This is a natural evolution of our highly successful
Boeing 702 product line and enables Boeing to continue its legacy of creating capable,
low-risk, flexible designs at affordable prices.”

The satellites, which will be built in Boeing’s El Segundo factory, are designed to
operate in a geostationary orbit. The 702SP is compatible with all major launch vehicles,
including Falcon 9, Ariane 5, Sea Launch, Proton, Soyuz, Atlas 5 and Delta IV.

The 702SP is designed to be flexible and affordable, with next-generation
technology that enables increased performance. Its avionics architecture simplifies
operations and provides improved access to data for evaluation of the spacecraft’s
health.

“The 702SP satellite design underscores Boeing’s promise to make our
customer’s mission our mission,” Cooning said. “We introduced the 702MP for ‘medium
power’ in 2008, and we are excited at the opportunity to deliver the inaugural 702SP
satellites to ABS and Satmex. We’ve listened to our customers, and we are responding
with a solid product that will meet their mission requirements.”

The new satellites will enable ABS to become a global satellite operator by
expanding its current fleet to serve the Atlantic, Pacific and Indian Ocean regions.

“Our shareholders have been extremely supportive of our global expansion plan,
and this multi-satellite purchase agreement with Boeing for the Boeing 702SP is an
ideal platform to support our expansion plans,” said Thomas Choi, chief executive
officer of ABS. “We are proud to be partnered with Satmex for this joint procurement,
which shows that regional operators can cooperate to achieve the same economies of
scale previously enjoyed by the global operators.

“The new satellite, ABS-3A, will allow the extension of C- and Ku-band services
into the Atlantic Ocean region for our existing customers, and will allow us to diversify
our market base for our future growth,” Choi added.

Satmex 7 is a hybrid satellite with both C- and Ku-band capacity that will serve
Satmex’s Latin America customers. The satellite will provide new expansion capacity
that will be a catalyst for Satmex’s aggressive growth plans over the next decade.

 “We are very pleased to partner with Boeing and Asia Broadcast Satellite on this
unique agreement, which provides Satmex with the flexibility to grow our satellite fleet,”
said Patricio Northland, chief executive officer of Satmex. “The Boeing 702SP satellite is
an optimal fit for Satmex’s expansion strategy, offering an innovative design with
capabilities that provide flexible service offerings to meet the growing demands of
Satmex’s prestigious customer portfolio.”

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the
world’s largest defense, space and security businesses specializing in innovative and
capabilities-driven customer solutions, and the world’s largest and most versatile
manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space &
Security is a $32 billion business with 62,000 employees worldwide. Follow us on
Twitter: @BoeingDefense.

Contact:

Diana Ball
Boeing Space & Intelligence Systems
Office: 562-797-4303
Mobile: 714-319-1014
diana.ball@boeing.com

Diana Eastman
Boeing Space & Intelligence Systems
Office: 562-797-2541
Mobile: 562-537-8462
diana.b.eastman@boeing.com

Penny Hill
Asia Broadcast Satellite
Tel: +65 81898835
penny@absatellite.net

Clemente Cabello
Satelites Mexicanos, S.A. de C.V.
Tel +52 55 2629-5894
clemente.cabello@satmex.com