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Telesat Holdings Inc. Second-Quarter Conference Call

- Telesat has scheduled its conference call to discuss 2008 second-quarter financial results and other recent developments for Monday, August 11, 2008 at 10:00 a.m. EDT. The call will be led by Daniel S. Goldberg, President & Chief Executive Officer and Ted H. Ignacy, Chief Financial Officer of Telesat.

Dial-in Instructions:

The toll-free dial-in for the teleconference is 866-696-5910. International callers should dial +1-416-340-2217. The access code is 3268083 followed by the number sign. Please allow at least 10 minutes prior to the scheduled start time to connect to the teleconference.

Dial-in Audio Replay:

A replay of the teleconference will be available beginning at 12:00 p.m. EDT August 11, 2008, until 11:59 p.m. EDT on August 25, 2008. To access the replay, please call 800-408-3053. International callers should dial 1-416-695-5800. The access code is 3268083 followed by the number sign.

About Telesat

Headquartered in Ottawa, Canada, with offices and facilities around the world, Telesat is the fourth largest fixed satellite services operator. The company provides reliable and secure satellite-delivered communications solutions to broadcast, telecom, corporate and government customers. Telesat has a global state-of-the-art fleet of 12 satellites and three additional satellites under construction, and manages the operations of 13 additional satellites for third parties. Telesat is privately held. Its principal shareholders are Canada's Public Sector Pension Investment Board and Loral Space & Communications Inc. (NASDAQ: LORL).

Statement under the Private Securities Litigation Reform Act

This news release may contain statements that are not based on historical fact and are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release concerning the beliefs, expectations, intentions, future events, future performance, business prospects and business strategy, including statements regarding projections for 2008 and beyond, are based on several assumptions. If any of these assumptions are not satisfied or prove to be incorrect, actual results could differ materially from those indicated in the forward-looking statements, depending on a variety of factors including, but not limited to, Telesat's ability to implement its business strategy and competition in the market. The information presented in this release reflects Telesat's expectations as of the date of this release. Telesat undertakes no obligation to update or revise the information herein.

For further information:

Karen Passmore
Argyle Communications
(416) 968-7311, x228
kapssmore@argylecommunications.com

Kyla Thoms
Argyle Communications
(416) 968-7311, x237
kthoms@argylecommunications.com

G. Yamazaki
Telesat Canada
(240) 751-4654
gyamazaki@telesat.com

 

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