Minimal Overall Impact From Adoption of IFRS
                  --------------------------------------------


Today, SSL International plc ("SSL") is providing an audited update of the
impact on its financial statements resulting from the introduction of IFRS.
There is no change, as a result of this, in SSL's stated three-year operating
profit target.

The impact of IFRS on the results for the year to 31st March 2005 and six months
ended 30th September 2004 is as follows:

                              6 months ended                 Year ended
                           30th September 2004            31st March 2005
                          UK         IFRS    IFRS      UK         IFRS    IFRS
                        GAAP  adjustments            GAAP  adjustments

Operating profit (1)    17.9          0.3    18.2    37.9          0.4    38.3
(£'m)
Profit after tax (2)     7.4          0.3     7.7    18.8          0.8    19.6
(£'m)
Total profit (£'m)      27.2          0.3    27.5    20.6          4.6    25.2
Basic EPS (3) (pence)    3.6          0.2     3.8     9.0          0.4     9.4
Net assets (£'m)        78.8          3.3    82.1    51.9         12.1    64.0


(1) Figures relate to normal continuing business only, excludes income from
    associates of £1.9m for year ended 31 March 2005 and £1.1m for the period
    ended 30 September 2004.

(2) Figures relate to normal continuing business only.

(3) Figures relate to normal continuing business only and excludes profit
    attributable to minority shareholders.


The most significant elements contributing to the changes in the financial
information are:

* The inclusion of a fair value charge in respect of outstanding employee
  share options (£0.6m reduction in operating profit);

* Write back of amortisation of goodwill charged after the date of
  transition (£1.0m increase in operating profit);

* Recognition of dividends directly in reserves when they are declared
  rather than when proposed (no impact on dividend policy);

* Changes in deferred tax treatment of certain items (net reduction of £0.5m in
  net assets at 1 April 2004).

Further detailed information underlying these adjustments, including, for
comparative purposes the impact of adoption of IFRS at the date of transition
1st April 2004, is available on on SSL's website www.ssl-international.com.

No new information concerning current year trading will be given in today's IFRS
update. SSL's next trading update will be given mid-October.


For further information, please contact:

SSL International plc                                      020 7367 5773
Mark Moran, Group Finance Director
Jan Young, Head of Investor Relations

The Maitland Consultancy                                   020 7379 5151
William Clutterbuck
Brian Hudspith





                      This information is provided by RNS
            The company news service from the London Stock Exchange