Telesat Holdings Inc. 1st Quarter 2009 Earnings Conference Call

    OTTAWA, May 7 /CNW/ - Telesat has scheduled a conference call to discuss
the three month financial results for the period ending March 31, 2009 for
Monday, May 11, 2009 at 10:30 a.m. EDT. The call will be led by Daniel S.
Goldberg, President & Chief Executive Officer and Michel Cayouette, Chief
Financial Officer of Telesat.

        Dial-in Instructions:

        The toll-free dial-in for the teleconference is +1-866-226-1793.
        International callers should dial +1-416-340-2218. The access code is
        4006270 followed by the number sign (No.). Please allow at least 15
        minutes prior to the scheduled start time to connect to the

        Dial-in Audio Replay:

        A replay of the teleconference will be available beginning at
        1:00 p.m. EDT May 11, 2009, until 11:59 p.m. EDT on May 25, 2009. To
        access the replay, please call +1-800-408-3053. International callers
        should dial +1-416-695-5800. The access code is 5316307 followed by
        the number sign (No.).

    About Telesat (

    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 13 satellites and one additional
satellite 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 2009 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: Vanessa Brûlé, Telesat, (613) 748-8700 ext.
2407, (

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