AsiaSat Presentation

2nd April 2014

Overview of Satellites

2 Types of Satellites

 Communications, Weather, Imaging, Data Relay, Spy, Navigation (GPS)

 Orbits

 Low Earth Orbit – LEO – 700-2000Km above earth

 Mid Earth Orbit – MEO – 8000-20000Km above earth

 Geostationary Orbit – GEO - approx. 36000Km above earth’s equator

3 Satellite Operation

From an Operation’s Point of View the satellite is required to maintain its footprint over the designated coverage area.

Downlink Point of View 4 Satellite Frequencies

 C-band  3-8 GHz  Lower Power  Used for wider coverage, less loss  Ku-band  10-18 GHz  Higher Power  Used for smaller coverage, high loss  Ka-band  26-40 GHz  Very High Power  Small spot beam coverage, very high loss

5 Orbital Slots

 File ITU  Coordinate with other filers  7 years put into use  Perpetuity if occupied

6

Overview of the Company

7 AsiaSat Introduction

 Asia Satellite Telecommunications Company Limited (AsiaSat)  Owns and operates communications satellites  Offices- Hong Kong (Wanchai, Tai Po) & Beijing  Employees: about 130  Provides capacity to Broadcast and Telecom Clients  Serving 2/3 of the world’s population with our satellite fleet  Prominent global and regional customer base: Turner, News Corp, ZEE, CCTV, China Telecom, Panasonic Avionics…  Mission Statement  “To be Asia’s leading satellite operator in service quality and market presence while providing value to all stakeholders.” 8 AsiaSat Shareholding

CITIC Group General Electric Company (GE) Corporation Public (USA) (PRC)

37.2% (voting) 37.2% (voting) 25.6%

AsiaSat Holdings (Bermuda)

9

AsiaSat Satellites & Facilities

10 AsiaSat Satellite Fleet (1) 4 Operational Satellites Providing Access to over 53 Countries and Regions in Asia Pacific Orbital Location Launch Date Payload

105.5oE 21-Mar-1999 28 C + 16 Ku AsiaSat 3S

122oE 11-Apr-2003 28 C + 20 Ku AsiaSat 4

100.5oE 12-Aug-2009 26 C + 14 Ku AsiaSat 5

105.5oE 26-Nov-2011 28 C + 17 Ku + Ka beam AsiaSat 7

11 AsiaSat Satellite Fleet (2)

Expanding our Fleet to Meet Increasing Market Demand for Quality Satellite Capacity

Orbital Location Launch Date Payload

120oE 1H 2014 28 C (Planned) AsiaSat 6

105.5oE 1H 2014 24 Ku + Ka beam

AsiaSat 8 (Co-locate with AsiaSat 7)

12 AsiaSat Fleet C-band Coverage

13 AsiaSat Fleet Ku-band Coverage

Australasia Beam East Asia Beam South Asia Beam

Sample Steerable Beam

14 Upcoming AsiaSat 6 and AsiaSat 8

15 Tai Po Earth Station

16 World-class Infrastructure and Facilities

8C-BAND 7Ku-BAND 1Ka-BAND Services 13 antennas at Tai Po Earth Station, Hong Satellite Operations Kong for TT&C, turnaround and uplink services Centre for TT&C activities

38 Customer Network TVROs for downlink and signal monitoring Centre and services Occasional Service

Broadcast and Operation C-BAND Ku-BAND 4 2 Centre for clients Backup facility at Stanley Earth Station, Hong Kong

17 Customer Solutions

 Ground Solutions  Growing a variety of value added services from AsiaSat Tai Po Earth Station  One-stop broadcast solutions to FOX International Channels including signals compression, uplink, play-out service, monitoring, maintenance and troubleshooting  Full transponder C and Ku-band DVB-S2/S platforms for content delivery in Asia  Equipment hosting, uplink and downlink services to EBU  Capacity and housed in services provided to SpeedCast  Capacity and broadcast services provided to DishHD

18

Products & Services We Offer

19 AsiaSat Services

 Satellite Capacity Leasing

 Broadcast

 Occasional Services

 Telecommunications

 Broadband Services

 Satellite Transmission Services

 MCPC Platforms

 Backup Services

20

2013 Financial Highlights

21 2013 Results Highlights

(HK$M) 2012 2013

 Turnover from continuing operations 1,780 1,499 (-16%)

 EBITDA from continuing operations 1,532 1,308

 EBITDA Margin 86% 87%

 Net Income 914 748 (-18%)

 Cash Balance 2,105 1,501

22 2013 EPS & Dividend Payout

(HK$) 2012 2013

 EPS 2.34 1.91

 Dividend / Share

 Interim Paid 0.12 0.12

 Final Proposed 0.80 0.80

 Special Proposed 1.00 1.50

 TOTAL 1.92 2.42

23

2013 Turnover and Profit

HK$ Million 1,780 1,499 1,800 16 1,600 4 1,400 1,200 1,000 1,764 800 1,495 600 914 400 748 200 0 2012 2013 Sales Non-recurring Profit

24

Sources of Revenues in 2013

Business Segment 2012 2013

% % Broadcasting 69 55 Telecommunications 31 45 100 100

Customer / Region

FIC 10 23 China 15 20 Others 62 70

100 100

25

Major Expenses Items

(HK$M) 2012 2013

 Depreciation 345 437

 Staff Costs 134 128

 Net Exchange Gain (2) (25)

26

Opportunities & Competition

27 Growth Opportunities

 Video

 DTH

 SD – HD – Ultra HD

 Content Demand

 Communications

 Broadband Connectivity

 Cellular Backhaul

 Business Networks

28 Increasing Capacity Supply, Particularly Ku-band

 Over the past 9 months from 2H 2013 to March 2014, 10 satellites including 2 replacements and 8 new satellites were launched, providing new capacity of up to 86 C-band, 251 Ku-band and 51 Ka-band transponders across Asia Pacific

 In upcoming 9 months, about 13 new satellites are planned for launch, to provide additional capacity of more than 40 C-band, 270 Ku-band and 12 Ka-band transponders serving Middle East, Central Asia, South Asia, South East Asia, East Asia and Australasia

29 Competition

 Domestic Operators

 Regional Operators

 Global Operators

 Terrestrial

 Fibre

 Wireless

 Cable

30