Ownership Information

0114-EX-RR-2003 Text Documents

Globalstar, L.P.

2003-06-30ELS_61868

Globalstar, L.P.
0114-EX-RR-2003


                                          EXHIBIT A


        On April 25, 2003, the U.S. Bankruptcy Court for the District of Delaware approved an
investment transaction pursuant to which Globalstar, L.P.’s assets will be transferred to New
Globalstar Corporation, a Delaware company to be controlled by ICO Global Communications
(Holdings) Limited. Currently, the parties are in the process of seeking regulatory approvals for
the transaction from the Department of Justice and FCC.



Document Created: 2003-06-30 11:42:43
Document Modified: 2003-06-30 11:42:43

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