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The maritime market has been the bread and butter for the = mobile=20 satellite industry for over two decades. The very nature of the global = shipping=20 industry has meant it is innately reliant on satellite services to = communicate=20 and send data. Indeed, back in 1979, Inmarsat was founded by the = International=20 Maritime Organisation (IMO) for the very purpose of establishing a = satellite=20 communications network for the maritime community.

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Carey = to rejoin=20 News Corp
News Corp. has recruited the chief executive of North = America's=20 largest satellite broadcaster, DirecTV Group, Chase Carey. Carey returns = to the=20 company as an assistant to CEO Rupert Murdoch.

SPECIAL REPORT

AsiaSat= targets=20 DTH as key driver to growth
Interview with Peter Jackson, CEO of = AsiaSat=20

New satellite to drive Measat growth

Asia Pacific Operators - Measat future growth

Published: 24 Jul 2009

The Malaysian operator Measat has successfully launched its new = satellite,=20 Measat-3a, at its primary orbital slot of 91.5 degrees East. The launch = follows=20 a protracted delay after the satellite was damaged during preparation at = the=20 Baikonur cosmodrome prior to its original flight window in August = 2008.

It had to be shipped back to the US and repaired by its contracted=20 manufacturer Orbital Sciences before returning to Baikonur in July this=20 year.

Measat Chief Operating Officer Paul Brown-Kenyon told = SatelliteFinance that=20 the hiatus had not negatively impacted the satellite's business model. = He said:=20 "We were a bit lucky, we were able to delay the uptake of customers on = the=20 satellite. When it launched the customers were still there and looking = for=20 capacity. There were also no insurance issues, the risk remains with the = manufacturer until the mission begins."

Measat-3a has joined the company's existing spacecraft Measat 3 at = 91.5E, and=20 Brown Kenyon said much of its purpose is to develop existing business in = the=20 Asian market.

"Measat 3 and 3a were designed to work together as a partnership," he = said.=20 "We very much see this as supporting the growth of the orbital = position."

Measat's strongest core customer is the Malaysian DTH platform Astro = All Asia=20 Networks, which recently signed an agreement to lease twelve Ku-band=20 transponders on Measat 3-a.

Both Astro and Measat are part-owned by the billionaire Ananda = Krishnan. He=20 also owns Maxis Communications, a telco that has signed a lease deal for = six=20 Ku-band transponders with Measat.

Brown-Kenyon gave a rough break-down of the sector allocation for = capacity on=20 Measat-3a. He said: "One half of Measat 3-a's capacity is dedicated to = DTH, a=20 quartet to telcos and a quarter to broadcast distribution. We have got a = multi-transponder contract with a telco to be announced in a few weeks=20 time."

"We have sold 55% of the capacity, 25% Ku, 30% C-band. Astro All Asia = Networks has an option to lease all the remaining Ku band."

Brown-Kenyon feels that this hotspot is now well-established, and = that it=20 should drive substantial growth in the company's revenue and EBITDA = margins.=20 "We're actively moving to raise our revenue from US$60m last year to = US$100m per=20 year in the next three to four years time," he said. "Our EBITDA margin = was just=20 below 70% last year, and that should go up to 75-80% in the medium = term."

"In my view the 91.5 business model is very solid, we have a few = sizeable DTH=20 platforms and it is a very strong area. Having launched Measat 3-a we = have more=20 time to focus on plans beyond this hotspot."

Measat has a number of options for future expansions, as it owns the = rights=20 to multiple orbital slots. Last year it repositioned an old satellite to = cover=20 the African market, with a potential view to launching a new satellite = there in=20 the future.

"Africa is still an area we are interested in," said Brown-Kenyon. = "We're=20 looking at the slot at 148.2E and we're also looking at a viable = replacement for=20 Measat-2."

The difficulty for an operator the size of Measat is that financing = for a=20 fully fledged new spacecraft is difficult to come by in the current = global=20 economic environment.

"Discussions are at an early stage," said Brown-Kenyon. "I think it's = always=20 challenging to find financing, every business in the industry is finding = it more=20 difficult than 18 months ago. We are looking at what opportunities are = out=20 there."

The concerns of the Asian market

One option for Measat is a partnership to share capacity with another = satellite operator. As capital has become more difficult to come by, = Asian=20 operators in particular have started to strike joint deals on a regular = basis.=20 The most recent example was the deal struck between Asia Broadcast = Satellite and=20 Singtel to allow the latter to lease capacity on the new satellite of = the=20 former, and to market it under its own operational brand.

"I think co-operation makes enormous sense," said Brown-Kenyon. "The=20 challenge in our business is paying up an enormous amount of capital for = the=20 satellite first up. We have been exploring opportunities along these = lines."

Measat has benefited from the stratospheric growth of the Asian DTH = market,=20 but Brown-Kenyon acknowledged that Asia is not immune from the chill = economic=20 winds that have been blowing across the globe.

"I think the downturn has affected DTH a little, but only to the = extent that=20 you're seeing slightly slower growth than previously - It's still = growing," he=20 said. "Astro has twelve transponders when it only had four a year ago, = and it is=20 looking to extend their packages. HD can be a large driver of growth in = the next=20 three to four years."

Aside from the market itself, another major concern for other = satellite=20 operators in the Asian region has been that of frequency co-ordination, = which=20 came to the fore after Protostar launched its first satellite last year = without=20 co-ordinating with its neighbours.

Brown-Kenyon acknowledged that this issue remains a major concern = throughout=20 the region. "We have had co-ordinations issues in the past causing=20 interference," he said. "I won't name the other operator involved, but = the=20 situation was resolved by them turning off some transponders."

"It's a major concern. Satellites play a vital role in reaching any = location,=20 if you're going to chip away at that, it has a major impact. You have = got to=20 make sure you are working within the guidelines, to do otherwise is very = disturbing."

Measat-3a was launched into orbit by the Zenit rocket of Land Launch, = the=20 service owned by Sea Launch, which filed for chapter 11 bankruptcy = protection=20 last month. Brown-Kenyon said that a possible shrinkage of the launch = sector is=20 a worrying development for mid-sized operators looking to get the best = possible=20 rates.

He said: "I think in any industry you want a reasonably competitive = market.=20 We don't want it so competitive that businesses cannot justify their = returns. I=20 think the launch sector has gone through a pretty significant upheaval = in the=20 last five years, mostly linked to changes in Russia."

"It's very disturbing that Sea Launch is in the current position. The = Zenits=20 are great rockets, the mission on Measat-3a went near perfectly, and I = hope Land=20 Launch will continue in some kind of form."

"I am hopeful SpaceX will provide an alternative as well. We want a = stable=20 launch industry, there is more risk to our business without it. Intelsat = and SES=20 can manage it, but it's concerning for us and other operators our = size."

= =E2=86=91 Top of=20 page

=C2=A9 2009 The Press Association - Terms = and=20 conditions - Privacy=20 policy

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PADDING-BOTTOM: 0px; PADDING-LEFT: 0px; WIDTH: 140px; PADDING-RIGHT: = 40px; FLOAT: right; PADDING-TOP: 2px } * HTML #right_column { PADDING-BOTTOM: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 16px; = PADDING-TOP: 2px } #right_column A { COLOR: #000 } #right_column A:hover { COLOR: #cc0033 } #search { PADDING-BOTTOM: 0px; PADDING-LEFT: 0px; WIDTH: 100%; PADDING-RIGHT: = 0px; PADDING-TOP: 0px } #search P { MARGIN: 0px } #adverts { PADDING-BOTTOM: 0px; MARGIN: 20px 0px 0px 20px; PADDING-LEFT: 0px; = PADDING-RIGHT: 0px; PADDING-TOP: 0px } #adverts P { MARGIN: 10px 0px } #adverts A { BORDER-BOTTOM: medium none } #central_column { MARGIN: 0px 200px 0px 176px; DISPLAY: block; PADDING-TOP: 10px } #welcome { PADDING-BOTTOM: 0px; MARGIN: 0px 0px 10px; PADDING-LEFT: 0px; = PADDING-RIGHT: 0px; PADDING-TOP: 20px } #welcome H1 { BORDER-BOTTOM: 0px; BORDER-LEFT: 0px; LINE-HEIGHT: 1.2em; BORDER-TOP: = 0px; BORDER-RIGHT: 0px } #login { MARGIN: 10px 0px 5px; BACKGROUND: #f5f5f5 } #login .top { BACKGROUND: url(images/infobox_header1.gif) no-repeat } #login .top P { PADDING-BOTTOM: 0px; MARGIN: 0px 0px 0px 40px; PADDING-LEFT: 10px; = PADDING-RIGHT: 0px; PADDING-TOP: 0px } #login TABLE { MARGIN: 0px 0px 0px 40px } #login .bottom { BACKGROUND: url(images/bottom_left.gif) no-repeat left bottom } #login .bottom P { PADDING-BOTTOM: 0px; MARGIN: 0px 0px 0px 40px; PADDING-LEFT: 10px; = PADDING-RIGHT: 0px; BACKGROUND: url(images/bottom_right.gif) no-repeat = right bottom; PADDING-TOP: 0px } .submitbutton { FONT-SIZE: 16px } #story_tools { FLOAT: right } #story_tools UL { PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: = 0px; DISPLAY: inline; PADDING-TOP: 0px } #story_tools LI { PADDING-BOTTOM: 4px; LIST-STYLE-TYPE: none; MARGIN: 0px; PADDING-LEFT: = 8px; PADDING-RIGHT: 0px; DISPLAY: inline; BACKGROUND: = url(images/left_tab.gif) no-repeat left bottom; FONT-SIZE: 1em; = LIST-STYLE-IMAGE: none; PADDING-TOP: 0px } #story_tools SELECT { FONT-SIZE: 0.8em } #story_tools A { BORDER-BOTTOM: 0px; BORDER-LEFT: 0px; PADDING-BOTTOM: 4px; = PADDING-LEFT: 0px; PADDING-RIGHT: 8px; BACKGROUND: = url(images/right_tab.gif) no-repeat right bottom; COLOR: #003366; = FONT-SIZE: 1em; BORDER-TOP: 0px; BORDER-RIGHT: 0px; PADDING-TOP: 0px } #story_tools A { FLOAT: none } #story_tools A:hover { COLOR: #cc3333 } #story { MARGIN: 20px 0px } #story_images { PADDING-BOTTOM: 0px; MARGIN: 30px 0px 0px 10px; PADDING-LEFT: 0px; = WIDTH: 100px; PADDING-RIGHT: 0px; FLOAT: right; PADDING-TOP: 0px } #story_images IMG { PADDING-BOTTOM: 5px; MARGIN: 5px 0px; PADDING-LEFT: 5px; PADDING-RIGHT: = 5px; DISPLAY: block; PADDING-TOP: 5px } #story_images IMG { BORDER-BOTTOM: #e1e1e1 1px solid; BORDER-LEFT: #e1e1e1 1px solid; = BORDER-TOP: #e1e1e1 1px solid; BORDER-RIGHT: #e1e1e1 1px solid } #story_images IMG:hover { BORDER-BOTTOM: #8bbf02 1px solid; BORDER-LEFT: #8bbf02 1px solid; = BORDER-TOP: #8bbf02 1px solid; BORDER-RIGHT: #8bbf02 1px solid } DIV.associated { PADDING-BOTTOM: 0px; BACKGROUND-COLOR: #f8f8f8; MARGIN: 8px 0px; = PADDING-LEFT: 10px; PADDING-RIGHT: 10px; COLOR: #888; FONT-SIZE: 1.1em; = PADDING-TOP: 0px } A.result_link { COLOR: #003366; FONT-SIZE: 1.2em } A.result_link:hover { COLOR: #cc0033 } .result { MARGIN: 15px 0px; DISPLAY: block } .result IMG { PADDING-BOTTOM: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 10px; FLOAT: = left; PADDING-TOP: 0px } .highlight { COLOR: #222; FONT-WEIGHT: bold } #information { BORDER-BOTTOM: #eee 1px solid; BORDER-LEFT: #eee 1px solid; = PADDING-BOTTOM: 5px; MARGIN: 0px 10px 0px 0px; PADDING-LEFT: 10px; = WIDTH: 180px; PADDING-RIGHT: 10px; BACKGROUND: #f8f8f8; FLOAT: right; = BORDER-TOP: #eee 1px solid; BORDER-RIGHT: #eee 1px solid; PADDING-TOP: = 5px } #information P { MARGIN: 0px 0px 8px } #header { MARGIN: 0px auto; BACKGROUND: url(images/header.gif) no-repeat 50% top; = COLOR: #fff; CLEAR: both } #footer { MARGIN: 0px auto; BACKGROUND: url(images/footer.gif) #7e7e7e no-repeat = 50% top; COLOR: #fff; CLEAR: both } #footer P { PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 255px; PADDING-RIGHT: = 0px; COLOR: #fff; PADDING-TOP: 20px } #footer A { COLOR: #fff } #footer A:hover { COLOR: #cc0033 } #tickertape A { FONT-FAMILY: arial, sans-serif; WHITE-SPACE: nowrap; FONT-SIZE: 1.1em; = FONT-WEIGHT: bold; MARGIN-RIGHT: 5em } .report H2 { PADDING-BOTTOM: 1px; LINE-HEIGHT: 1.4em; MARGIN: 0px; PADDING-LEFT: = 9px; WIDTH: 145px; PADDING-RIGHT: 1px; BACKGROUND: = url(images/infobox_header3.gif) no-repeat; HEIGHT: 24px; COLOR: #fff; = FONT-SIZE: 1.2em; FONT-WEIGHT: bold; PADDING-TOP: 5px } .viewpoint H2 { PADDING-BOTTOM: 1px; LINE-HEIGHT: 1.4em; MARGIN: 0px; PADDING-LEFT: = 9px; WIDTH: 145px; PADDING-RIGHT: 1px; BACKGROUND: = url(images/infobox_header3.gif) no-repeat; HEIGHT: 24px; COLOR: #fff; = FONT-SIZE: 1.2em; FONT-WEIGHT: bold; PADDING-TOP: 5px } .report .content { BORDER-BOTTOM: #cc0033 1px solid; BORDER-LEFT: #cc0033 1px solid; = PADDING-BOTTOM: 6px; PADDING-LEFT: 6px; WIDTH: 140px; PADDING-RIGHT: = 6px; MARGIN-BOTTOM: 16px; BACKGROUND: url(images/infobox_content3.gif) = no-repeat; BORDER-RIGHT: #cc0033 1px solid; PADDING-TOP: 6px } .viewpoint .content { BORDER-BOTTOM: #cc0033 1px solid; BORDER-LEFT: #cc0033 1px solid; = PADDING-BOTTOM: 6px; PADDING-LEFT: 6px; WIDTH: 140px; PADDING-RIGHT: = 6px; MARGIN-BOTTOM: 16px; BACKGROUND: url(images/infobox_content3.gif) = no-repeat; BORDER-RIGHT: #cc0033 1px solid; PADDING-TOP: 6px } .LeftPanelInfoBox { PADDING-BOTTOM: 5px; LINE-HEIGHT: 1.3em; PADDING-LEFT: 5px; WIDTH: = 145px; PADDING-RIGHT: 0px; MARGIN-BOTTOM: 10px; BACKGROUND: #ebebf4; = PADDING-TOP: 0px } .LeftPanelInfoBox A { COLOR: #003366; FONT-WEIGHT: bold } #tickerblock { PADDING-BOTTOM: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; BACKGROUND: = #dbdbe6; HEIGHT: 10px; FONT-SIZE: 12px; PADDING-TOP: 0px } #tickerblock A { BORDER-BOTTOM: medium none; COLOR: #003366 } #rightPanelLogin { WIDTH: 150px } #rightPanelLogin H2 { PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 9px; WIDTH: 150px; = PADDING-RIGHT: 5px; BACKGROUND: url(images/infobox_header6.gif) = no-repeat; HEIGHT: 24px; COLOR: #fff; FONT-SIZE: 1.2em; PADDING-TOP: 5px } #rightPanelLogin .content { BORDER-BOTTOM: #555682 1px solid; BORDER-LEFT: #68699b 1px solid; = PADDING-BOTTOM: 6px; PADDING-LEFT: 6px; WIDTH: 140px; PADDING-RIGHT: = 6px; MARGIN-BOTTOM: 16px; BACKGROUND: url(images/infobox_content6.gif); = BORDER-RIGHT: #68699b 1px solid; PADDING-TOP: 6px } #rightPanelSearch { WIDTH: 150px } #rightPanelSearch H2 { PADDING-BOTTOM: 1px; MARGIN: 0px; PADDING-LEFT: 9px; WIDTH: 145px; = PADDING-RIGHT: 0px; BACKGROUND: url(images/infobox_header4.gif); HEIGHT: = 24px; COLOR: #fff; PADDING-TOP: 5px } #rightPanelSearch .content { BORDER-BOTTOM: #000 1px solid; BORDER-LEFT: #111 1px solid; = PADDING-BOTTOM: 6px; PADDING-LEFT: 6px; WIDTH: 140px; PADDING-RIGHT: = 6px; MARGIN-BOTTOM: 20px; BACKGROUND: url(images/infobox_content5.gif) = no-repeat; BORDER-RIGHT: #111 1px solid; PADDING-TOP: 6px } #rightPanelPeople { WIDTH: 150px } #rightPanelPeople H2 { PADDING-BOTTOM: 1px; MARGIN: 0px; PADDING-LEFT: 9px; WIDTH: 145px; = PADDING-RIGHT: 0px; BACKGROUND: = url(images/infobox_header_satellite.gif); HEIGHT: 24px; COLOR: #fff; = PADDING-TOP: 5px } #rightPanelPeople .content { BORDER-BOTTOM: #0066cc 1px solid; BORDER-LEFT: #0066cc 1px solid; = PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 7px; WIDTH: 140px; = PADDING-RIGHT: 5px; BACKGROUND: = url(images/infobox_content_satellite.gif) no-repeat; BORDER-TOP: #0066cc = 1px solid; BORDER-RIGHT: #0066cc 1px solid; PADDING-TOP: 0px } #rightPanelEvents { WIDTH: 150px; FONT-SIZE: 0.9em } #rightPanelEvents H2 { PADDING-BOTTOM: 1px; MARGIN: 0px; PADDING-LEFT: 9px; WIDTH: 145px; = PADDING-RIGHT: 0px; BACKGROUND: = url(images/infobox_header_satellite.gif); HEIGHT: 24px; COLOR: #fff; = PADDING-TOP: 5px } #rightPanelEvents .content { BORDER-BOTTOM: #0066cc 1px solid; BORDER-LEFT: #0066cc 1px solid; = PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 7px; WIDTH: 140px; = PADDING-RIGHT: 5px; BACKGROUND: = url(images/infobox_content_satellite.gif) no-repeat; BORDER-TOP: #0066cc = 1px solid; BORDER-RIGHT: #0066cc 1px solid; PADDING-TOP: 0px } .eventlisting { PADDING-LEFT: 15px; BACKGROUND: url(images/arrow.gif) no-repeat } #banner_advert { PADDING-LEFT: 45px } DIV.main .heading { FONT-STYLE: italic; MARGIN: 0px 0px 10px; BACKGROUND: = url(/twire/img/dots-452x16.gif) #d40042 no-repeat right top; = PADDING-TOP: 18px } DIV.main .heading .title { PADDING-BOTTOM: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px; FLOAT: = left; PADDING-TOP: 1px } DIV.main .heading H2 { PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: = 0px; COLOR: #fff; FONT-SIZE: 1em; PADDING-TOP: 0px } DIV.main .heading .date { PADDING-BOTTOM: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 3px; FLOAT: = right; COLOR: #fff; FONT-SIZE: 0.85em; FONT-WEIGHT: bold; PADDING-TOP: = 1px } DIV.main .story { MARGIN: 7px 0px 15px } DIV.main .story P { PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: = 0px; PADDING-TOP: 0px } DIV.main .leftCol { WIDTH: 245px; DISPLAY: inline; FLOAT: left } * HTML DIV.main .leftCol { CLEAR: both } DIV.main .rightCol { WIDTH: 245px; DISPLAY: inline; FLOAT: right } .floatWrapper { PADDING-BOTTOM: 15px; PADDING-LEFT: 15px; WIDTH: 520px; PADDING-RIGHT: = 15px; PADDING-TOP: 15px } DIV.wrapper { TEXT-ALIGN: left; WIDTH: 760px; FONT-FAMILY: arial, helvetica, = sans-serif; FONT-SIZE: 80% } A { COLOR: #00016a } A:hover { COLOR: #d40042 } P { MARGIN: 1em 0px } TABLE { FONT-SIZE: 1em } TR { FONT-SIZE: 1em } TD { FONT-SIZE: 1em } FORM { FONT-SIZE: 1em } INPUT { FONT-SIZE: 1em } LABEL { FONT-SIZE: 1em } .clear { LINE-HEIGHT: 1px; CLEAR: both; FONT-SIZE: 1px } .item_story { PADDING-BOTTOM: 10px; MIN-HEIGHT: 280px; PADDING-LEFT: 10px; WIDTH: = 235px; PADDING-RIGHT: 10px; OVERFLOW: hidden; PADDING-TOP: 10px } #more_news_button { PADDING-LEFT: 27px } #skyscraper_advert { PADDING-BOTTOM: 0px; MARGIN: 20px 0px 0px 15px; PADDING-LEFT: 0px; = PADDING-RIGHT: 0px; PADDING-TOP: 0px } #skyscraper_advert A { BORDER-BOTTOM: medium none } ------=_NextPart_000_0000_01CA1679.B91893D0 Content-Type: text/css; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Content-Location: http://www.satellitefinance.com/print.css BODY { LINE-HEIGHT: 1.4em; FONT-FAMILY: "Times New Roman", serif; BACKGROUND: = white; COLOR: black; FONT-SIZE: 8pt } #frame { TEXT-ALIGN: left; WIDTH: auto; DISPLAY: block; PADDING-TOP: 0px } H1 { PADDING-BOTTOM: 0px; LINE-HEIGHT: 1.8em; MARGIN: 0px; PADDING-LEFT: = 0px; PADDING-RIGHT: 0px; FONT-FAMILY: Verdana, Helvetica, Arial, = sans-serif; COLOR: #000000; FONT-SIZE: 12pt; FONT-WEIGHT: normal; = PADDING-TOP: 4px } P { PADDING-BOTTOM: 0px; LINE-HEIGHT: 1.4em; MARGIN: 5px 0px; PADDING-LEFT: = 0px; PADDING-RIGHT: 0px; COLOR: #000000; FONT-SIZE: 11pt; PADDING-TOP: = 0px } A { COLOR: #ffffff; TEXT-DECORATION: none } A:hover { COLOR: #ffffff } FORM { DISPLAY: none } #title_container { DISPLAY: none } #subtitle_container { DISPLAY: none } #subtitle { DISPLAY: none } #welcome_title { BORDER-BOTTOM: #e7e8e3 1px solid; PADDING-BOTTOM: 3px; PADDING-LEFT: = 0px; PADDING-RIGHT: 0px; FONT-FAMILY: Arial, Helvetica, sans-serif; = COLOR: rgb(34,134,135); FONT-SIZE: 14px; PADDING-TOP: 21px } #welcome { PADDING-BOTTOM: 10px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: = 0px; FONT-FAMILY: Arial, Helvetica, sans-serif; COLOR: #333333; = FONT-SIZE: 11px; PADDING-TOP: 5px } #content_area { FLOAT: none } #navigation { DISPLAY: none } #central_column { WIDTH: 100%; MARGIN-LEFT: auto; MARGIN-RIGHT: auto } #story { FLOAT: left } #story H2 { PADDING-BOTTOM: 0px; LINE-HEIGHT: 1.8em; MARGIN: 0px; PADDING-LEFT: = 0px; PADDING-RIGHT: 0px; COLOR: #515151; FONT-SIZE: 11pt; FONT-WEIGHT: = normal; PADDING-TOP: 4px } #story H2.embargo { COLOR: #ff0000 } #story P.page { COLOR: #345478 } #story LI { PADDING-BOTTOM: 0px; LINE-HEIGHT: 1.4em; MARGIN: 5px 0px; PADDING-LEFT: = 0px; PADDING-RIGHT: 0px; COLOR: #515151; PADDING-TOP: 0px } #story_images { PADDING-BOTTOM: 5px; PADDING-LEFT: 5px; WIDTH: 100px; PADDING-RIGHT: = 5px; DISPLAY: block; FLOAT: left; MARGIN-RIGHT: 5px; PADDING-TOP: 5px } #story_images IMG { MARGIN-BOTTOM: 5px } #story_tools { DISPLAY: none } #associated_story { PADDING-BOTTOM: 10px; MARGIN: 5px 0px; PADDING-LEFT: 10px; = PADDING-RIGHT: 10px; FLOAT: left; COLOR: #355e7e; PADDING-TOP: 10px } #associated_story H1 { PADDING-BOTTOM: 0px; MARGIN: 2px 0px; PADDING-LEFT: 0px; PADDING-RIGHT: = 0px; PADDING-TOP: 0px } #associated_story A { COLOR: #687387; FONT-SIZE: 10pt; TEXT-DECORATION: none } #associated_story A:hover { DISPLAY: none } #search_result H1 { TEXT-TRANSFORM: uppercase; MARGIN: 0px; DISPLAY: none; COLOR: #295476; = FONT-SIZE: 10pt; FONT-WEIGHT: normal } #search_result H2 { LINE-HEIGHT: 1.4em; MARGIN: 0px; COLOR: #515151; FONT-WEIGHT: normal } #search_result H2.embargo { COLOR: #ff0000 } #search_result P { PADDING-BOTTOM: 0px; LINE-HEIGHT: 1.4em; MARGIN: 0px 0px 5px; = PADDING-LEFT: 0px; PADDING-RIGHT: 0px; COLOR: #202020; PADDING-TOP: 0px } #search_result INPUT { COLOR: #515151; FONT-SIZE: 8px } #search_result A { COLOR: #295476; TEXT-DECORATION: none } #search_result A:hover { DISPLAY: none } .result_holder { BORDER-BOTTOM: blue 1px solid; BORDER-LEFT: blue 1px solid; FLOAT: = left; BORDER-TOP: blue 1px solid; BORDER-RIGHT: blue 1px solid } .result { LINE-HEIGHT: 1.4em; MARGIN: 8px 0px; DISPLAY: block; FONT-FAMILY: = Verdana, Helvetica, Arial, sans-serif; FLOAT: left; FONT-SIZE: 8px } .result IMG { PADDING-BOTTOM: 0px; MARGIN: 0px 5px 0px 0px; PADDING-LEFT: 0px; = PADDING-RIGHT: 0px; DISPLAY: block; FLOAT: left; PADDING-TOP: 0px } #search_navigation { DISPLAY: none } #search_form { DISPLAY: none } #preview_picture { MARGIN: 3px 0px 7px; WIDTH: 95%; DISPLAY: block; FLOAT: left } #preview_picture P { LINE-HEIGHT: 1.4em; MARGIN: 3px 0px 7px; COLOR: #76777a } #form { DISPLAY: none } #boxed_form { DISPLAY: none } #right_column { DISPLAY: none } #searches { DISPLAY: none } #adverts { DISPLAY: none } #bottom_shadow { DISPLAY: none; BACKGROUND: none transparent scroll repeat 0% 0% } #footer { DISPLAY: none } .item { DISPLAY: none } #jump_to_content { DISPLAY: none } #home_link { DISPLAY: none } ------=_NextPart_000_0000_01CA1679.B91893D0--