18 May 2012

NewSat Corporate Presentation

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Company Overview

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NewSat (ASX:NWT) is Australia’s leading independent satellite service provider specialising in global

satellite communications

Market capitalisation of ~A$170m

Current Teleport Business

NewSat runs an established and profitable Teleport business

Operates as a reseller of third-party satellite capacity using owned Teleports in Adelaide and

Perth, Australia

Provides remote and temporary sites with fast, secure and reliable Internet, voice, data and

video communications

EBITDA of A$1.8m, FY11

Transformation Underway—to Satellite Owner

Through it’s Jabiru project, NewSat is transforming its business from a “reseller” of satellite capacity

to an “owner” of satellites

Creating a step-change in earnings and dramatically increasing EBITDA margins (typically

80%-85% for satellite business)

Jabiru-1 satellite to be financed by mid 2012 with planned launch in 2H2014

Additional Jabiru satellite projects in design stage

Stage 1 Solutions Provider

Stage 3 Satellite Operator

Stage 2 Teleport Operator

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Current Teleport Business

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Owns and operates two Australian based state-of-the-art Teleports in Adelaide and Perth, providing

full range C- and Ku-band services

Provides remote and temporary sites with fast, secure and reliable Internet, voice, data and video

communications

Robust track record of delivering growth over the last 3 financial years

Two of the best Teleports in the Southern Hemisphere with a reputation for reliability, providing

global satellite coverage to governments and enterprises through broad satellite network of 12

satellites

Accredited to supply services to the Australian and US Defence forces

Currently supports more than 4,000 (VSAT) satellite telecommunications services in Australia and

abroad

Current customers include: Australian Government Department of Defence, ExxonMobil, Woodside,

Barrick, Chevron, SingTel, GE Satcom, Verizon, and SES

(1.0)

1.8

FY2009 FY2011

19.9

28.7

FY2009 FY2011

(0.03)

0.9

FY2009 FY2011

Revenue EBITDA Operating Cash Flow

CAGR 20%

+A$2.8MM +A$0.9MM

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Jabiru-2 is a payload on a satellite currently

under construction

Provides highly targeted Ku-band coverage over

Australia, Timor Leste and PNG

Satisfies the growing demand from oil, gas,

mining and government markets for cost-

effective communication solutions in and around

Australia

Expected to launch in Q4 2013

Current Business - Jabiru-2

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Highly targeted Ku-band coverage over Australia, Timor Leste and PNG

Jabiru-2’s Orbital Footprint

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Transformation Underway

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NewSat has acquired the

rights to 3 premium

orbital slots with an

option over an additional

4 slots - “Beach front

property in the sky”

These premium orbital

slot locations are aligned

with Jabiru’s focus on

high value customers in

high growth markets

Each orbital slot has

Ka-band spectrum,

appropriate for high

data intensity

applications

Orbital slots can

accommodate multiple

satellites and are the

platform for all Jabiru

satellites

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Over 200 Years of Combined Relevant Experience

Adrian Ballintine Founder and CEO

Over 30 years in the technology industry

Founder of NewSat and its current teleport

business and directed the strategic shift into

satellite ownership

Previous experience in driving a number of

NASDAQ and ASX based technology start-

ups

The architect of the current strategy to

deploy multiple satellites in recently acquired

orbital slots

Michael Hewins Chief Operating Officer

Over 30 years in global space industry

Joined September 2011

Previously Chief Commercial Officer at AON

/ International Space Brokers

Responsible for business strategy,

operations and productivity

David Ball Chief Technology Officer

Over 25 years in the telco, media and technology sectors

Joined April 2010

Previously Managing Director of Intelsat Asia

Pacific

Leads design, strategy and development of

Jabiru-1

Adam Shapiro CFO / Company Secretary

Over 10 years financial sector experience

Joined May 2007

Previously with Ernst & Young in Assurance and Advisory

Responsible for business performance and long term

business plan

William Abbott Corporate Counsel

Over 40 years in commercial law

Joined November 2010

Previously with HWLEbsworth

Responsible for corporate and commercial financing,

corporate governance and compliance and enforcement

Len McGoldrick VP – Engineering and Operations

Over 25 years in satellite operations

Joined July 2008

Previously with British Telecom commissioning satellite

networks for oil and gas customers

Responsible for operation of teleports

Mike Kenneally VP – Satellite Strategy

Over 30 years in global ICT and satellite experience

Joined September 2006

Former Australian Trade Commission’s ICT Export

Advisory Board Member and Chairman of industry group

Spatial Australia

New product and business development

Andrew Matlock VP – Sales

25 years in satellite operations

Joined February 2001

Previously Regional Manager for Calcomp Inc (a division

of Lockheed Martin), VP Sales for Double Impact and

previous successful start-up business ventures

Sales and development of sales team

Merv Kuek

VP – Marketing

Over 10 years in telco marketing

Joined July 2010

Previously with telecommunication companies Telstra

and Crazy John’s (subsidiary of Vodafone Australia)

Responsible for marketing strategy, execution and

communications

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Highly Experienced Management Team

Responsible For Positioning NewSat’s Shift Into Satellite Ownership

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A Unique Investment Opportunity

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Strong Satellite Industry Fundamentals Global data growth supports investment case for Ka-band capacity 1

Focus on High Growth Geographic Segment Jabiru Project satellite footprints focused on high growth regions for military and commercial applications 2

Mission Critical To Customers Established reputation for quality and service with blue-chip customers through existing Teleport business 3

De-Risking Project Execution With Experienced Partners Key contracts committed with reliable and experienced partners 4

Robust Financial Metrics Shift to satellite ownership expected to deliver EBITDA margins in excess of 80%, consistent with the broader industry 5

Access To Premium Orbital Slots Underpins Multi Asset Strategy Planning and design stages underway for additional satellites to utilise portfolio of premium orbital slots 6

Experienced Management Team Over 175 years of combined relevant experience 7

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88.8

121.7144.4

160.9 168.1

105.5

0

50

100

150

200

2005 2006 2007 2008 2009 2010

The Satellite Industry

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World satellite industry revenue US$168.1Bn in

2010

Satellite services made up US$101.3Bn

Average annual growth of 11.2% for the period

2005 through 2010

Growing Global Satellite Market

Revenue (US$Bn)

19%

15%

19%

11% 5%

Critical Service To Growing Industries

Intelsat - 53 satellites and US$2.5Bn revenue

per year

SES - 43 satellites and US$2.5Bn revenue per

year

Eutelsat - 23 satellites and US$1.5Bn revenue

per year

Remote communications from military

(surveillance / unmanned vehicles)

Resources (telemetry, robotics)

Telco (3G / 4G deployments)

Government (nation-building, NGO, emergency

services, e-learning, e-medicine)

Major Satellite Operators

Source Satellite Industry Association

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Jabiru-1 Satellite Overview

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Significant progress made to launch Australia’s first independently owned commercial satellite

Lockheed Martin is currently constructing Jabiru-1

Meets the growing demand for high throughput and secure capacity from military, resources and telco markets

Targets enterprise and government customers with “raw” capacity

Flexible payload, with a mix of spot, shaped and steerable beams

A single Jabiru satellite provides bandwidth equivalent to 6 standard Ku-band satellites

Over A$2.0Bn of high margin revenue over 15 year life expected

Significant pre sales of capacity

Leverages NewSat’s world-class Teleport facilities

High-Powered Ka-Band Coverage Over The High Growth Middle East, Asia And Africa Regions

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Robust Customer Contracts and Strong Pipeline

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To date, NewSat has signed over US$571m of binding pre-launch take-or-pay contracts for Jabiru-1 satellite capacity

US$180m contract with MEASAT

To service multiple transponders covering South Asia and South East Asia for the 15 year life of the Jabiru-1 satellite

US$105m contract with TrustComm

To service government and commercial agencies in Afghanistan, Iraq and the Middle East

US$134m contract with 3A Technology

To service government and enterprise customers in Pakistan and Afghanistan, including Mobilink, Pak Datacom and the Government of Pakistan

US$40m contract with Quicklink Communications

US$67m contract with a Middle Eastern telecommunications company

US$32m contract with a Middle Eastern telecommunications company

US$13m contract with US based System Integrator

Plus a substantial pipeline of mid to high-stage opportunities for military and enterprise clients

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NewSat is Mission Critical To Customers

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Ma

jor

Pa

rtn

ers

NewSat’s satellite assets are critical business components in diverse industries and landscapes around the world

Established reputation as a partner of choice and is accredited to supply services to Australian and US Defence Forces

Simultaneously building a customer-platform for Jabiru, with many of our Teleport customers set to become Jabiru customers in the future

Oil and Gas

Government

Mining

Communications

Military and Defence

Disaster Recovery

Construction

Media and Broadcasting

NewSat Focus On Resilient High Value Markets With Support Of High Quality Blue-chip Partners / Customers

Hig

h V

alu

e M

ark

ets

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Experienced Partners

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Global leader in defence and space Have commenced build pre-financial close First class commercial satellite build partner and currently has

37 Lockheed Martin commercial A2100 satellites in-orbit

Signed launch agreement with Arianespace to reserve launch slot Widely considered the most reputable satellite launcher globally,

Arianespace has proven reliability and accounts for more than half of the commercial launch contracts worldwide

Partnered with AON which is the leading global space insurance provider

Made a formal application for ECA-backed debt financing to Ex-Im Bank and COFACE; appointed Societe Generale as lead COFACE bank

ARIANESPACE

LOCKHEED MARTIN

AON

EXIM / COFACE

With a planned launch of Jabiru-1 satellite in 2H2014, NewSat has reached a number of key milestones to ensure the success of the project

NewSat has partnered with reputable parties in order to deliver the Jabiru-1 project, each with extensive industry experience and an exemplary track record

Satellite Builder

Launch Provider

Insurer

Debt Financing Providers

Role Partner Comment

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1. Sign binding cornerstone customers

2. Gather customer term sheets

3. Progress drafting IM (including market research)

4. Finalise technical specifications

5. Commence manufacturer negotiations

6. Sign binding cornerstone customers

7. Commence Coface

8. Commence Ex-Im

9. Commence financing DD (debt and equity)

10. 50 to 1 share consolidation

11. Sign manufacturer contract

12. Sign launch vehicle contract

13. Financing DD

14. Preliminary financing guarantee

15. Equity Financing

16. Debt syndication

17. Financial close

18. Launch Jabiru-1

Jabiru-1 Satellite Development Timeline

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Dec Half 2011

Jun Half 2012

2014

Newsat’s Jabiru-1

satellite project is

progressing well

according to

schedule

Increasing Jabiru’s Orbital Footprint

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Jabiru-2

Payload on a satellite currently under construction

Targeting growing demand from resource and government markets

Further satellites

Jabiru 3,4 & 5 satellites in design phase

Targeting high value markets and customers in orbital slot footprints

Premium Orbital Slots Over High Growth Areas

Thank you

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Adrian Ballintine

Founder & CEO NewSat Ltd