Telesat Holdings Inc. Second-Quarter Conference Call



    OTTAWA, Aug. 6 /CNW/ - 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 (www.telesat.com)

    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:

For further information: Karen Passmore, Argyle Communications, (416)
968-7311, ext 228, kpassmore@argylecommunications.com; Kyla Thoms, Argyle
Communications, (416) 968-7311, ext 237, kthoms@argylecommunications.com; Gail
Yamazaki, Telesat (240) 751-4654, gyamazaki@telesat.com

Organization Profile

TELESAT CANADA

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