Telesat's New Anik G1 Satellite Begins Commercial Service

Telesat's New Anik G1 Satellite Begins Commercial Service

Multi-Mission Satellite to Support DTH Services for Shaw Direct in Canada,
X-Band Services in the Americas and Pacific Ocean Region, and C-Band and
Ku-Band Services in South America

OTTAWA, May 8, 2013 (GLOBE NEWSWIRE) -- Telesat (TELSAT 11 11/01/15 Corp)
(TELSAT 12 1/2 11/01/17 Corp), a leading global satellite operator, announced
today the start of commercial service on its new Anik G1 satellite. Anik G1
carries 16 extended Ku-band transponders fully contracted to Shaw Direct for
15 years. Anik G1 also has three X-band transponders that are fully contracted
to Astrium Services for 15 years to support government applications across the
Americas and much of the Pacific Ocean, including Hawaii.

Anik G1 is also bringing new capacity over South America to meet the growing
demand for satellite communications services in that region. It will be
co-located with Telesat's Anik F1 satellite at 107.3 degrees West where it
will effectively double both the C-band and Ku-band transponders serving South
America from this orbital location.

"The start of commercial service on Anik G1 fulfills important objectives for
Telesat and our customers," said Dan Goldberg, Telesat's President and CEO.
"We're pleased to have a significant portion of Anik G1's capacity fully
contracted for 15 years to Shaw Direct and Astrium Services. Telesat is also
pleased to be bringing additional C-band and Ku-band capacity to South
America, a region with growing demand for satellite services. We expect Anik
G1 will make meaningful contributions to Telesat's growth in 2013 and beyond
given its coverage, capabilities and customer commitments. I would like to
congratulate the teams at Telesat and SSL whose dedication and expertise
enabled the start of commercial service on this powerful, new satellite just
three weeks after launch, an impressive technical achievement."

Anik G1 was manufactured by SSL and is based on SSL's highly reliable 1300
platform. The satellite was launched by an ILS Proton rocket on April 16, 2013
local time from the Baikonur Space Center in the Republic of Kazakhstan. Anik
G1 has a manufacturer's service life of 15 years, a launch mass of
approximately 4900 kg, and will operate from the 107.3 degrees West orbital
location. Orbit raising, in-orbit testing and delivery to 107.3 degrees West
were completed in only three weeks due to the use of Telesat's innovative
in-orbit testing system and close cooperation between SSL and Telesat.

About Telesat (www.telesat.com)

Telesat is a leading global satellite 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
now consists of 14 satellites plus the Canadian payload on ViaSat-1. 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).

Forward-Looking Statements Safe Harbor

This news release contains 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. When used in this news release, the
words "expect", "will", "commitments" or other variations of these words or
other similar expressions are intended to identify forward-looking statements
and information. Actual results may differ materially from the expectations
expressed or implied in the forward-looking statements as a result of known
and unknown risks and uncertainties. Detailed information about some of the
known risks and uncertainties is included in the "Risk Factors" section of
Telesat Holdings Inc.'s Annual Report on Form 20-F for the fiscal year ended
December 31, 2012, and the amendment thereto, as well as Telesat Holdings
Inc.'s other filings with the United States Securities and Exchange Commission
(SEC). These filings can be obtained on the SEC's website at
http://www.sec.gov. Known risks and uncertainties include but are not limited
to: risks associated with operating satellites and providing satellite
services, including satellite construction or launch delays, launch failures,
in-orbit failures or impaired satellite performance, volatility in exchange
rates and risks associated with domestic and foreign government regulation.
The foregoing list of important factors is not exhaustive. The information
contained in this news release reflects Telesat's beliefs, assumptions,
intentions, plans and expectations as of the date of this news release. Except
as required by law, Telesat disclaims any obligation or undertaking to update
or revise the information herein.

CONTACT: For further information:
         Gerry Nagler, Telesat +1 908 470-4907 (gnagler@telesat.com)
 
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