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




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

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