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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(AMENDMENT NO. 8)
PANAMSAT CORPORATION
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(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE PER SHARE 697933-10-9
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(Title of class of securities) (CUSIP number)
LARRY D. HUNTER, ESQ.
EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
THE DIRECTV GROUP, INC.
2250 EAST IMPERIAL HIGHWAY
EL SEGUNDO, CALIFORNIA 90245
(310) 964-0700
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(Name, address and telephone number of person authorized
to receive notices and communications)
WITH A COPY TO:
MICHAEL E. LUBOWITZ, ESQ.
WEIL, GOTSHAL & MANGES LLP
767 FIFTH AVENUE
NEW YORK, NEW YORK 10153-0119
(212) 310-8000
APRIL 20, 2004
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(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rules 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box [_].
(Continued on the following pages)
(Page 1 of 16 Pages)
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CUSIP No. 697933-10-9 13D Page 2
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1 NAME OF REPORTING PERSON: The DIRECTV Group, Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 52-1106564
--------------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [X]
(B) [_]
--------------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------------- ---------------------------- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
--------------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
--------------- ---------------------------------------------------------------- --------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
--------------------------- ------ --------------------------------------------- --------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
------ --------------------------------------------- --------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 120,812,175
OWNED BY
------ --------------------------------------------- --------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------ --------------------------------------------- --------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 120,812,175
----------------- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 120,812,175
----------------- -----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
----------------- -----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 80.4%
----------------- -------------------------------------------------------------- --------------------------------------------
14 TYPE OF REPORTING PERSON: CO
----------------- -------------------------------------------------------------- --------------------------------------------
2
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CUSIP No. 697933-10-9 13D Page 3
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--------------- ------------------------------------------------ ------------------------------------------------------------
1 NAME OF REPORTING PERSON: Hughes Communications, Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 95-3884435
--------------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [X]
(B) [_]
--------------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------------- ---------------------------- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
--------------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
--------------- ---------------------------------------------------------------- --------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: California
--------------------------- ------ --------------------------------------------- --------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
------ --------------------------------------------- --------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 14,477,240
OWNED BY
------ --------------------------------------------- --------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------ --------------------------------------------- --------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 14,477,240
----------------- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 14,477,240
----------------- -----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
----------------- -----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.6%
----------------- -------------------------------------------------------------- --------------------------------------------
14 TYPE OF REPORTING PERSON: CO
----------------- -------------------------------------------------------------- --------------------------------------------
3
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CUSIP No. 697933-10-9 13D Page 4
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--------------- ------------------------------------------------ ------------------------------------------------------------
1 NAME OF REPORTING PERSON: Hughes Communications Galaxy, Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 95-3456497
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [X]
(B) [_]
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3 SEC USE ONLY
--------------- ---------------------------- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
--------------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
--------------- ---------------------------------------------------------------- --------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: California
--------------------------- ------ --------------------------------------------- --------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
------ --------------------------------------------- --------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 88,605,390
OWNED BY
------ --------------------------------------------- --------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------ --------------------------------------------- --------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 88,605,390
----------------- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 88,605,390
----------------- -----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
----------------- -----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 59.0%
----------------- -------------------------------------------------------------- --------------------------------------------
14 TYPE OF REPORTING PERSON: CO
----------------- -------------------------------------------------------------- --------------------------------------------
4
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CUSIP No. 697933-10-9 13D Page 5
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--------------- ------------------------------------------------ ------------------------------------------------------------
1 NAME OF REPORTING PERSON: Hughes Communications Satellite Services, Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 95-3881942
--------------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A) [X]
(B) [_]
--------------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------------- ---------------------------- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
--------------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
--------------- ---------------------------------------------------------------- --------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: California
--------------------------- ------ --------------------------------------------- --------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
------ --------------------------------------------- --------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 17,729,545
OWNED BY
------ --------------------------------------------- --------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------ --------------------------------------------- --------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 17,729,545
----------------- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 17,729,545
----------------- -----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
----------------- -----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 11.8%
----------------- -------------------------------------------------------------- --------------------------------------------
14 TYPE OF REPORTING PERSON: CO
----------------- -------------------------------------------------------------- --------------------------------------------
5
This Amendment No. 8 amends the Schedule 13D dated May 27, 1997, as
amended in certain respects by Amendments Nos. 1 through 7 thereto, and is filed
by The DIRECTV Group, Inc., formerly known as Hughes Electronics Corporation
("The DIRECTV Group"), Hughes Communications, Inc. ("HCI"), Hughes
Communications Galaxy, Inc. ("HCG") and Hughes Communications Satellite
Services, Inc. ("HCSS", and, collectively with The DIRECTV Group, HCI and HCG,
the "Reporting Persons") with respect to the shares of common stock, par value
$0.01 per share ("Common Stock"), of PanAmSat Corporation (the "Company").
As previously disclosed on Schedule 13D, HCG and HCSS are
wholly-owned subsidiaries of HCI. HCI is wholly-owned subsidiary of Hughes
Telecommunications & Space Company ("HTS"), and HTS is a wholly-owned subsidiary
of The DIRECTV Group.
The responses to Item 2 (Identity and Background), Item 4 (Purpose of
Transaction), Item 5 (Interest in Securities of the Issuer), Item 6 (Contracts,
Arrangements, Understandings or Relationships with respect to Securities of the
Issuer) and Item 7 (Material to be filed as Exhibits) are hereby amended as
follows:
Item 2. Identity and Background.
-----------------------
This statement is being filed jointly by The DIRECTV Group, HCI, HCG
and HCSS. The DIRECTV Group is a Delaware corporation, and each of HCI, HCG and
HCSS is a California corporation. The address of each of The DIRECTV Group's,
HCI's, HCG's and HCSS' principal office is 2250 E. Imperial Highway, El Segundo,
California 90245. The names, business addresses, principal businesses and
citizenship of each of the directors and executive officers of each of The
DIRECTV Group, HCI, HCG and HCSS are set forth on Schedule I hereto and
incorporated by reference herein. The principal businesses of The DIRECTV Group
are providing digital television entertainment, broadband satellite networks and
video and data broadcasting.
During the last five years, none of the Reporting Persons nor, to the
best of their knowledge, any of the executive officers or directors of any of
the Reporting Persons, has been (i) convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or (ii) a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and, as a result of such proceeding, was or is subject to a judgment, decree or
final order enjoining such future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.
Item 4. Purpose of Transaction.
----------------------
Transaction Agreement
---------------------
On April 20, 2004, The DIRECTV Group and its wholly owned subsidiary,
PAS Merger Sub, Inc., a Delaware corporation ("PAS Merger Sub"), entered into a
Transaction Agreement (the "Transaction Agreement") with the Company and
Constellation, LLC, a Delaware limited liability company ("Constellation") which
is an entity affiliated with Kohlberg Kravis Roberts & Co.
After receipt of all required regulatory approvals, stockholder
approval and satisfaction of other closing conditions set forth in the
Transaction Agreement, PAS Merger Sub will merge with and into the Company (the
6
"Merger") and each outstanding share of Common Stock of the Company (other than
the Common Stock held by the Reporting Persons, certain other capital stock that
is owned by certain employees of the Company who agreed not to receive cash in
the Merger, and the Common Stock held by those stockholders who have validly
exercised appraisal rights) will be converted in the Merger into the right to
receive $23.50 in cash per share (the "Merger Price"). After consummation of the
Merger, the Company will be a wholly-owned subsidiary of The DIRECTV Group
except for the shares of Common Stock held by certain employees who have agreed
not to have their shares cashed out in the Merger.
Subject to the satisfaction of certain closing conditions set forth
in the Transaction Agreement, two business days after the effective time of the
Merger, a portion of the Reporting Persons' shares of Common Stock will be
repurchased by the Company and the remaining portion will be purchased by
Constellation in each case for the Merger Price in cash, less any amounts
withheld in accordance with the Transaction Agreement.
After the consummation of all of the transactions contemplated by the
Transaction Agreement, Constellation will own the entire equity interest in the
Company other than the equity interests held by certain employees of the Company
who have agreed not to have their shares of Common Stock cashed out in the
Merger.
Voting Agreement
----------------
As a condition and inducement to enter into the Transaction
Agreement, the Reporting Persons entered into a Voting Agreement with
Constellation (the "Voting Agreement") pursuant to which each Reporting Person
agreed, at any time prior to the termination of the Transaction Agreement or the
Voting Agreement, to (i) appear at any meeting of the stockholders, or cause the
Common Stock held by the Reporting Persons to be counted as present at such
meeting, for the purposes of establishing a quorum, (ii) vote in favor of the
approval and adoption of the Merger, (iii) vote against any proposal for any
recapitalization, reorganization, liquidation, merger, sale of assets or other
business combination between the Company and any other person (other than the
Merger) and (iv) vote against any other action that could reasonably be expected
to adversely affect the Merger or the transactions contemplated by the
Transaction Agreement. Each Reporting Person also granted to Constellation an
irrevocable proxy coupled with an interest to vote the Common Stock held by the
Reporting Persons in favor of the Merger.
In the event that the Transaction Agreement is terminated and a
termination fee is payable to Constellation in accordance with the terms of the
Transaction Agreement, each Reporting Person is obligated to pay Constellation
50% of any profits (as defined in the Voting Agreement) realized by the
Reporting Person from the sale or other disposition of the shares of Common
Stock held by the Reporting Person (i) pursuant to a Competing Transaction (as
defined in the Transaction Agreement) so long as the agreement with respect to
such competing transaction is entered into or consummated within 12 months after
termination, (ii) which is not pursuant to a bona fide public offering of shares
of Common Stock and such sale or disposition is made at such time as a competing
transaction is pending or (iii) pursuant to a superior proposal (as defined in
the Transaction Agreement) so long as the agreement with respect to the superior
proposal is entered into or consummated within 12 months of termination.
7
The foregoing summaries of the Transaction Agreement and Voting
Agreement do not purport to be complete and are qualified in their entirety by
references to the complete text of such agreements attached hereto as Exhibit 1
and Exhibit 2, respectively.
Item 5: Interest in Securities of the Issuer.
------------------------------------
(a) The responses of the Reporting Persons to Rows (11) through (13)
of the cover pages of this Amendment No. 8 are incorporated herein by reference.
As of April 20, 2004, the Reporting Persons beneficially owned the number of
shares of Common Stock listed below, representing approximately the percentage
of the outstanding shares of Common Stock set forth opposite such number (based
on 150,192,418 shares of Common Stock outstanding as of March 4, 2004).
-------------------------------------------------- ---------------------------------------- --------------------------------
Person Number of Shares Percent of Class
-------------------------------------------------- ---------------------------------------- --------------------------------
The DIRECTV Group, Inc. 120,812,175 80.4%
-------------------------------------------------- ---------------------------------------- --------------------------------
Hughes Communications, Inc. 14,477,240 9.6%
-------------------------------------------------- ---------------------------------------- --------------------------------
Hughes Communications Galaxy, Inc. 88,605,390 59.0%
-------------------------------------------------- ---------------------------------------- --------------------------------
Hughes Communications Satellite Services, Inc. 17,729,545 11.8%
-------------------------------------------------- ---------------------------------------- --------------------------------
(b) The responses of the Reporting Persons to (i) Rows (7) through
(10) of the cover pages of this Amendment No. 8 and (ii) Item 5(a) hereof are
incorporated herein by reference.
(c) Not Applicable.
(d) Except as stated in this Item 5, to the best of the knowledge of
the Reporting Persons, no other person has the right to receive dividends from,
or the proceeds from the sale of, the shares of Common Stock owned by the
Reporting Persons.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
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The information set forth in Item 4 hereto is incorporated herein by
reference.
Item 7. Material to be Filed as Exhibits.
--------------------------------
Exhibit 1 Transaction Agreement, dated as of April 20, 2004, by and
among The DIRECTV Group, Inc., PAS Merger Sub, Inc.,
PanAmSat Corporation and Constellation, LLC.
8
Exhibit 2 Voting Agreement, dated as of April 20, 2004, by and among
Constellation, LLC, The DIRECTV Group, Inc., Hughes
Communications, Inc., Hughes Communications Galaxy, Inc.
and Hughes Communications Satellite Services, Inc.
Exhibit 3 Joint Filing Agreement, dated as of April 22, 2004, by and
among The DIRECTV Group, Inc., Hughes Communications,
Inc., Hughes Communications Galaxy, Inc. and Hughes
Communications Satellite Services, Inc.
9
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
THE DIRECTV GROUP, INC.
By: /s/ Larry D. Hunter
---------------------------------------------
Name: Larry D. Hunter
Title: Executive Vice President, General
Counsel and Secretary
HUGHES COMMUNICATIONS, INC.
By: /s/ Larry D. Hunter
---------------------------------------------
Name: Larry D. Hunter
Title: Senior Vice President and General
Counsel
HUGHES COMMUNICATIONS GALAXY, INC.
By: /s/ Larry D. Hunter
---------------------------------------------
Name: Larry D. Hunter
Title: Senior Vice President and General
Counsel
HUGHES COMMUNICATIONS SATELLITE SERVICES, INC.
By: /s/ Larry D. Hunter
---------------------------------------------
Name: Larry D. Hunter
Title: Senior Vice President and General
Counsel
Date: April 22, 2004
10
Schedule I to Amendment No. 8 to Schedule 13D
---------------------------------------------
DIRECTORS AND EXECUTIVE OFFICERS OF
THE DIRECTV GROUP, INC.
The name, business address, present principal occupation or employment, and the
name, principal business and address of any corporation or other organization in
which such employment is conducted, of each of the directors and executive
officers of The DIRECTV Group, Inc. ("The DIRECTV Group") is set forth below.
Unless otherwise specified, the business address of each person listed below is
2250 E. Imperial Highway, El Segundo, CA 90245. To the knowledge of the
Reporting Persons, each person listed below is a citizen of the United States.
Principal Occupation,
If Other Than As
Position with An Executive Officer of
Name and Business Address The DIRECTV Group The DIRECTV Group
------------------------- ----------------- -----------------
K. Rupert Murdoch Director and Chairman Chairman and Chief Executive, The News
The News Corporation Limited Corporation Limited
1211 Avenue of Americas,
8th Fl.
New York, NY 10036
Neil R. Austrian Director Private Investor
Ralph F. Boyd, Jr. Director Executive Vice President and General
Federal Home Loan Mortgage Company Counsel, Federal Home Loan Mortgage
8200 Jones Branch Drive Company
MS 431
McLean, VA 22102
Chase Carey Director, President and Chief Executive
Officer
Peter Chernin Director President and Chief Operating Officer,
The News Corporation Limited The News Corporation Limited
1211 Avenue of Americas, 8th Fl.
New York, NY 10036
James M. Cornelius Director Chairman, Guidant Corporation
Guidant Corporation
111 Monument Circle
Indianapolis, IN 46204
David F. DeVoe Director Chief Financial Officer, The News
The News Corporation Limited Corporation Limited
1211 Avenue of Americas, 8th Fl.
New York, NY 10036
11
Principal Occupation,
If Other Than As
Position with An Executive Officer of
Name and Business Address The DIRECTV Group The DIRECTV Group
------------------------- ----------------- -----------------
Eddy W. Hartenstein Director and Vice Chairman
Charles R. Lee Director Chairman, Verizon Communications
Verizon Communications
375 Park Avenue, Suite 2405
New York, NY 10152
Peter A. Lund Director Chairman, EOS International, Inc.
888 7th Avenue, 13th Floor
New York, NY 10106
John L. Thornton Director Consultant, Goldman Sachs
375 Park Avenue, Suite 1002
New York, NY 10152
Bruce Churchill Executive Vice President and Chief
HEC Services Company Financial Officer
1211 Avenue of Americas
8th Floor
New York, NY 10036
Romulo Pontual Executive Vice President and Chief
Technology Officer
Larry D. Hunter Executive Vice President, General Counsel
and Secretary
12
DIRECTORS AND EXECUTIVE OFFICERS OF
HUGHES COMMUNICATIONS GALAXY, INC.
The name, business address, present principal occupation or employment, and the
name, principal business and address of any corporation or other organization in
which such employment is conducted, of each of the directors and executive
officers of Hughes Communications Galaxy, Inc. ("HCG") is set forth below.
Unless otherwise specified, the business address of each person listed below is
2250 E. Imperial Highway, El Segundo, CA 90245. To the knowledge of the
Reporting Persons, each person listed below is a citizen of the United States.
Principal Occupation,
If Other Than As
Name and Business Address Position with HCG An Executive Officer of HCG
------------------------- ----------------- ---------------------------
Chase Carey Director and President President and Chief Executive Officer of The
DIRECTV Group
Eddy W. Hartenstein Vice Chairman Vice Chairman of The DIRECTV Group
Patrick T. Doyle Senior Vice President, Treasurer and Senior Vice President, Treasurer and
Controller Controller of The DIRECTV Group
Larry D. Hunter Senior Vice President and General Counsel Executive Vice President, General Counsel
and Secretary of The DIRECTV Group
Janet Williamson Secretary Assistant Corporate Secretary of The DIRECTV
Group
13
DIRECTORS AND EXECUTIVE OFFICERS OF
HUGHES COMMUNICATIONS, INC.
The name, business address, present principal occupation or employment, and the
name, principal business and address of any corporation or other organization in
which such employment is conducted, of each of the directors and executive
officers of Hughes Communications, Inc. ("HCI") is set forth below. Unless
otherwise specified, the business address of each person listed below is 2250 E.
Imperial Highway, El Segundo, CA 90245. To the knowledge of the Reporting
Persons, each person listed below is a citizen of the United States.
Principal Occupation,
If Other Than As
Name and Business Address Position with HCI An Executive Officer of HCI
------------------------- ----------------- ---------------------------
Chase Carey Director and President President and Chief Executive Officer of The
DIRECTV Group
Eddy W. Hartenstein Vice Chairman Vice Chairman of The DIRECTV Group
Patrick T. Doyle Senior Vice President, Treasurer and Controller Senior Vice President, Treasurer and
Controller of The DIRECTV Group
Larry D. Hunter Senior Vice President and General Counsel Executive Vice President, General Counsel
and Secretary of The DIRECTV Group
Janet Williamson Secretary Assistant Corporate Secretary of The DIRECTV
Group
14
DIRECTORS AND EXECUTIVE OFFICERS OF
HUGHES COMMUNICATIONS SATELLITE SERVICES, INC.
The name, business address, present principal occupation or employment, and the
name, principal business and address of any corporation or other organization in
which such employment is conducted, of each of the directors and executive
officers of Hughes Communications Satellite Services, Inc. ("HCSS") is set forth
below. Unless otherwise specified, the business address of each person listed
below is 2250 E. Imperial Highway, El Segundo, CA 90245. To the knowledge of the
Reporting Persons, each person listed below is a citizen of the United States.
Principal Occupation,
If Other Than As
Name and Business Address Position with HCSS An Executive Officer of HCSS
------------------------- ------------------ ----------------------------
Chase Carey Director and President President and Chief Executive Officer of
The DIRECTV Group
Eddy W. Hartenstein Vice Chairman Vice Chairman of The DIRECTV Group
Patrick T. Doyle Senior Vice President, Treasurer and Controller Senior Vice President, Treasurer and
Controller of The DIRECTV Group
Larry D. Hunter Senior Vice President and General Counsel Executive Vice President, General Counsel
and Secretary of The DIRECTV Group
Janet Williamson Secretary Assistant Corporate Secretary of The
DIRECTV Group
15
EXHIBIT INDEX
-------------
Exhibit 1 Transaction Agreement, dated as of April 20, 2004, by and
among The DIRECTV Group, Inc., PAS Merger Sub, Inc.,
PanAmSat Corporation and Constellation, LLC.
Exhibit 2 Voting Agreement, dated as of April 20, 2004, by and among
Constellation, LLC, The DIRECTV Group, Inc., Hughes
Communications, Inc., Hughes Communications Galaxy, Inc.
and Hughes Communications Satellite Services, Inc.
Exhibit 3 Joint Filing Agreement, dated as of April 22, 2004, by and
among The DIRECTV Group, Inc., Hughes Communications,
Inc., Hughes Communications Galaxy, Inc. and Hughes
Communications Satellite Services, Inc.
16