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EchoStar Communications Corporation Confirms Conversion of 6 3/4% Series C Cumulative Convertible Preferred Stock

EchoStar Communications Corporation Confirms Conversion of 6 3/4 eries C Cumulative Convertible Preferred Stock LITTLETON, Colo.--(BUSINESS WIRE)--July 22, 1999--EchoStar Communications Corporation (Nasdaq: DISH, DISHP) announced today that a shareholder of the Company's 6 3/4% Series C Cumulative Convertible Preferred Stock ("Series C Preferred Stock") has filed a Notice of Conversion to convert 516,467 shares of the Company's Series C Preferred Stock.

In accordance with the Series C Preferred Stock Certificate of Designation, the post-split exchange ratio of approximately 4.1-to-1 will result in the issuance of a total of 2,118,838 shares of Class A Common Stock on or about August 2, 1999.

EchoStar Communications Corp. includes three interrelated business units:

- DISH Network™ is EchoStar's state-of-the-art DBS system that offers customers over 300 channels of digital video and CD-quality audio programming, fully MPEG-2/DVB compliant hardware and installation.

- EchoStar Technologies Corporation designs, manufactures and distributes DBS set-top boxes, antennas and other digital equipment for the DISH Network and various international customers that include ExpressVu Canada and Telefonica's Via Digital system in Spain. ETC also provides uplink center design, construction oversight and project integration services for customers internationally. ETC also oversees EchoStar Data Networks Corporation in Atlanta, a leading supplier of MediaStream® technology for distributing Internet content over satellite networks.

- Satellite Services provides the delivery of video, audio and data services to business television customers and other satellite users. These services include satellite uplink, satellite transponder space usage, and other services. Satellite Services also administers SKY VISTA, a direct broadcast satellite service offering over 27 channels of popular digital satellite television programming to viewers in Alaska, Hawaii, Puerto Rico and the U.S. territories in the Caribbean.

DISH Network currently serves approximately 2.6 million customers. DISH Network is a trademark of EchoStar Communications Corporation. DISH Network is located on the Internet at:


CONTACT: EchoStar Communications Corporation, Littleton Judianne Atencio, 303/723-2010 e-mail:

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