Ann: Response to ASX Price Query , page-26

Had correspondence with Malcolm Turnbull just recently and in answer to your questions avtohold04
NBN do not yet have their 4 slots [applied for 4 will keep 2]
No cost yet as no purchase
Still negotiating. They have several avenues from which they can choose.
Negotiations are ongoing but MT very confident the slots will be obtained soon and an announcement made to that effect.

There are a number of spare slots and even as an alternative extra room on already owned slots they could lease. You can have 2- 3 satellites on one slot.

Newsats slot positions do not suit the NBN geoststationary positioning requirements so we can't put our hand up to take their money.

Still hopeful of 60% capacity on Jab1 by lift off.