Press Releases

OTTAWA, CANADA, May 31, 2012 – Telesat, a leading global satellite operator, and Astrium Services, through its Telecom Governmental Division, announced today that they are combining capabilities to meet the growing satellite communications needs of Canada’s federal agencies.

“Telesat and Astrium are able to offer Canadian government customers a combination of experience, quick response and satellite capacity needed to promote their success,” said Paul Bush, Telesat’s Vice President Business Development. “Both companies have strong records delivering advanced satcom solutions to government customers that are cost effective while fully meeting operational requirements. Telesat is pleased to be teaming with Astrium and we look forward to meeting Government of Canada’s needs for advanced satellite communications.”

Astrium Services, through its Telecom Governmental division, previously entered into a 15 year contract with Telesat for the full X-band payload on Telesat’s Anik G1 satellite scheduled for launch in the second half of 2012. Government demand for reliable, secure and cost effective satellite communications has since continued to expand. The two companies identified a number of Canadian government satcom needs they are well positioned to serve together, and this recognition led to their decision to pool select resources in addressing these requirements.

Simon Kershaw, Executive Director Telecom Governmental, Astrium Services, said: ”We are always looking at how we can improve what we offer and this partnership with Telesat will give Canadian federal agencies complete flexibility across our extensive X-band constellation and networks, as well as the ability to easily switch between the satellites to meet mission critical needs. This again demonstrates our commitment to the North American market, and builds on the acquisition of Vizada late last year.”

About Telesat(www.telesat.com)

Telesat is a leading global fixed satellite services operator providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecom, corporate and government customers. Headquartered in Ottawa, Canada, with offices and facilities around the world, the company’s state-of-the-art fleet consists of 13 satellites and the Canadian Ka-band payload on ViaSat-1, plus one satellite under construction. Telesat also manages the operations of additional satellites for third parties. Privately held, Telesat’s principal shareholders are Canada’s Public Sector Pension Investment Board and Loral Space & Communications Inc. (NASDAQ: LORL).

For further information:

Gerry Nagler, Telesat +1 908 698-4907 (gnagler@telesat.com)