Attachment ex parte

ex parte

Ex PARTE PRESENTATION NOTIFICATION LETTER submitted by Inmarsat

ex parte

2004-06-21

This document pretains to SAT-MSC-20040210-00027 for Miscellaneous on a Satellite Space Stations filing.

IBFS_SATMSC2004021000027_381577

EX PARTE OR LATE FILED 555 Eleventh Street, N.W., Suite 1000 Washington, D.C. 20004-1304 Tel: (202) 637-2200 Fax: (202) 637-2201 www. lw.corn FIRM I AFFILIATE OFFICES Boston New Jersey BNSSelS New York Chicago Northern Virginia Frankfurt Orange County j U N 1 0 2004 Hamburg Paris June 10,2004 Hong Kong San Diego London San Francisco Los Angeles Silicon Valley Milan Singapore Marlene H. Dortch Moscow Tokyo Secretary Washington, D.C. Federal Communications Commission 445 12th Street, S.W. Washington, D.C. 20554 Re: Ex Parte Submission File No. SAT-MSC-20040210-00027 Dear Ms. Dortch: This letter responds to a question from Commission staff about whether any former Inmarsat signatories are investors in the funds advised by Apax Partners and Permira that own 52.28% of Inmarsat. In short, the answer is “no.” In the interest of full disclosure, however, additional information about certain foreign investors in those funds is provided below. A number of affiliated funds known as “Apax Europe V” collectively own 26.14% of Inmarsat. Their investment in Inmarsat represents about 3.3% of their total invested capital. A number of affiliated funds known as “Permira Europe 111” collectively own 26.14% of Inmarsat. Their investment in Inmarsat represents about 2.9%of their total invested capital. No former signatory holds an interest in Inmarsat through an investment in any Apax Europe V fund or any Permira Europe I11 fund. However, certain foreign entities participate in these funds through passive, limited partner interests, which allow no active involvement in decisions about the management of the companies in which the funds invest. In the case of the Apax Europe V funds, one foreign limited partner investor is a pension fund of a former signatory. Another limited partner investor is a foreign government that has invested in the Apax Europe V funds through a different legal entity than its former signatory. The aggregate interests of these two limited partners represent 6.36% of the Apax Europe V funds, and therefore represent a 1.66% indirect ownership interest in Inmarsat. These are passive investments.

Marlene H. Dortch June I O , 2004 Page 2 L A T H A M&WATK I N SLLP In the case of the Permira Europe I11 funds, four limited partner investors are foreign governments that have invested in the Permira Europe I11 funds through different legal entities than their former signatories. The aggregate interests of these four limited partners represent 9.3% of the Permira Europe I11 funds, and therefore represent a 2.43%indirect ownership interest in Inmarsat. These, too, are passive investments. Please let us know if you need any additional information. Respectfully submitted, - JoknP. Janka ‘/ Alexander D. Hoehn-Saric LATHAM & W A m S LLP 555 11th Street, N.w., Suite 1000 Washington, D.C. 20004 (202) 637-2200 (phone) (202) 637-2201 ( f a ) Counselfor INMARSAT VENTURES LIMITED cc: Neil Dellar Stephen Dual1 Eliot Greenwald Dan Harrold Bruce Henoch David Horowitz Bruce Jacobs Andrea Kelly Karl Kensinger Selina Khan JoAnn Lucanik Alfred Mamlet Marilyn Simon Phil Spector Cassandra Thomas Tom Tycz Qualex International

CERTIFICATE OF SERVICE I hereby certify that on this lothday of June, 2004, I caused a true copy of the foregoing “Ex Parte Submission” to be served by first-class mail and, where noted, by hand (*) on the following: Neil Dellar* Office of General Counsel Federal Communications Commission 445 lYh Street, S.W. Washington, DC 20554 Stephen Duall* Satellite Division International Bureau Federal Communications Commission 445 1 2 ‘ ~ Street, S.W. Washington, DC 20554 Dan Harrold * Office of General Counsel Federal Communications Commission 445 1 2 ‘ ~Street, S.W. Washington, DC 20554 David Horowitz” Office of General Counsel Federal Communications Commission 445 1 2 ‘ ~Street, S.W. Washington, DC 20554 Andrea Kelly* Satellite Division International Bureau Federal Communications Commission 445 1 2 ‘ Street, ~ S.W. Washington, DC 20554 Karl Kensinger* Satellite Division International Bureau Federal Communications Commission 445 1 2 ‘ ~Street, S.W. Washington, DC 20554

Selina Khan* Satellite Division International Bureau Federal Communications Commission 445 lYh Street, S.W. Washington, DC 20554 JoAnn Lucanik* Policy Division International Bureau Federal Communications Commission 445 lYhStreet, S.W. Washington, DC 20554 Marilyn Simon* Satellite Division International Bureau Federal Communications Commission 445 lzthStreet, S.W. Washington, DC 20554 Cassandra Thomas* Satellite Division International Bureau Federal Communications Commission 445 lzthStreet, S.W. Washington, DC 20554 Tom Tycz* Satellite Division International Bureau Federal Communications Commission 445 lzthStreet, S.W. Washington, DC 20554 Eliot Greenwald Swidler Berlin Shereff Firedman, LLP 3000 K Street, N.W., Suite 300 Washington, DC 20006 Counselfor Deere & Company 2

Bruce Henoch Assistant General Counsel Telenor Satellite Services, Inc. 1101 Wootton Parkway, 1 Oth Floor Rockville, MD 20852 Counselfor Telenor Satellite Services, Inc. Bruce D. Jacobs Shaw Pittman LLP 2300 N Street, N.W. Washington, DC 20037 Counselfor Mobile Satellite Ventures Subsidiary LLC Alfred M. Mamlet Steptoe & Johnson LLP 1330 Connecticut Avenue, N.W. Washington, DC 20036- 1795 Counselfor Stratos Mobile Networks Inc. and Stratos Communications, Inc. Phillip L. Spector Paul, Weiss, Rifkind, Wharton & Ganison LLP 1615 L Street, N.W. Suite 1300 Washington, DC 20036 Counselfor SES Americom Qualex International* Portals I1 Room CY-B402 445 1 2 ' ~Street, S.W. Washington, DC 20554 A r? '&&I4 Sarah Raison 3


Document Created: 2004-06-21 16:55:47
Document Modified: 2004-06-21 16:55:47
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