The Republic of Korea Selects Alcatel Space as a Successful Bidder to Build Koreasat 5 Satellite

Press Release From: Alcatel
Posted: Friday, December 20, 2002

Alcatel Space announced today that it has won the international request for proposals issued by KT Corporation (formerly Korea Telecom) and the Korean Agency for Defense Development (ADD) to build South Korea's Koreasat 5 civil and military communications satellite. Alcatel Space will supply both the multimission satellite and its ground control system.

Based on the new-generation Spacebus 4000 platform, Koreasat 5 will feature a state-of-the-art broadband payload, including new technologies developed within the scope of the Syracuse III program.

Announcing this selection, Alcatel Space's Chairman and CEO Pascale Sourisse said, "I am extremely proud that Alcatel Space has been chosen by KT Corporation and the Agency for Defense Development for the Koreasat 5 program. This contract also marks another success for our export sales & marketing teams. In addition, it confirms Alcatel Space's leading role as a supplier of both civil and military spaceborne communications systems."

About Alcatel Space

Alcatel Space is worldwide number 3 and European leader in satellites. With civil and military application know-how, Alcatel Space develops satellite solutions for telecommunications, navigation, radar and optical observation, meteorology, and sciences. The company is also the leading European prime contractor of earth observation, meteorology and navigation segments, and for operating space systems. A 100% subsidiary of Alcatel, Alcatel Space had a turnover of 1.4 billion euros in 2001. For further information:

About Alcatel

Alcatel (Paris: CGEP.PA and NYSE: ALA) designs, develops and builds innovative, competitive communications networks used by operators, service providers and companies to provide all content (voice, data or multimedia) to all customers throughout the world. Using the complete portfolio of solutions ranging from optical infrastructures to fixed and mobile networks and broadband access, Alcatel customers can devote themselves to optimizing their service offers and sources of revenue. With a turnover of 25 billion euros in 2001, Alcatel is present in more than 130 countries.

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