Ann: Share Purchase Plan (SPP) , page-3

ASX
Announcement
27January2010
Not for Release in the United States or to U.S Persons
This announcement has been prepared for publication in Australia only and may not be released in the United
States. This announcement does not constitute an offer of shares in the United States or any other jurisdiction in
which such an offer would be illegal. The shares have not been registered under the United States Securities Act
1993, as amended, and may not be offered or sold in the United States or to or for the account or benefit of U.S
persons unless the shares are registered under such Act or an exemption from the registration requirements of the
Act is available.
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Share Purchase Plan
NewSat Limited (ASX: NWT) (NewSat) announces the launch of a Share Purchase Plan(SPP) to raise up to $5,000,000 by allowing eligible shareholders the opportunity to
subscribe for additional shares in NewSat.
The funds raised through the SPP will be used to strengthen NewSats balance sheet
position and to support the growth and continued expansion of NewSats operations.
Over the last eighteen months NewSat has evolved to an emerging growth satellite
communications company that has achieved a number of milestones including proving that
high speed satellite broadband in remote regions such as the Kimberley, Western Australia
is possible.
NewSat shareholders now hold shares in a company that:
1. Has a strong annuity revenue stream in place in excess of 2 million dollars per month
an increase of over 65% to the 2008 financial year;
2. Has a proven solid foundation for organic growth in a robust market, with average
annual revenue per contract of $29k per contract up over 120% on an average
annual per contract basis in comparison to the 2008 financial year;
3. Is improving margins each quarter through efficient cost management and control and
is now EBITDA positive;
4. Has ZERO financial debt; and
5. Offers exciting growth potential through the development of Jabiru-1, Australias first
next generation satellite.
The SPP with further enhance NewSats position as a cash positive emerging growth
satellite communications company.
Richard
Green
Chairman
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Share Purchase Plan Facts
The SPP will allow eligible shareholders to subscribe for up to $15,000 of NewSat fully paid
ordinary shares without incurring any brokerage costs or commissions.
The offer price of shares under the SPP will be calculated as the lower of:
(a) $0.0052 per share, which represents a 20% discount to the volume weighted average
price of NewSat shares traded on the ASX during the period of 5 trading days up to
and including the trading day prior to this announcement; and
(b) a 20% discount to the volume weighted average price of NewSat shares traded on
the ASX during the period of 5 trading days up to and including the closing date of the
SPP.
The Record Date for participation in the SPP is 7.00pm (AEDT) on Wednesday, 27 January
2010. It is anticipated offer documents will be dispatched to eligible shareholders on or
around Wednesday, 3 February 2010.
Shares issued under the SPP will rank equally in all respects with existing ordinary shares.
Indicative timetable key dates
SPP Record Date 27 January 2010 (7.00pm AEDT)
Dispatch of SPP offers 3 February 2010
SPP Opening Date 4 February 2010
SPP Closing Date 25 February 2010 (5.00pm AEDT)
Issue of shares under the SPP 4 March 2010
Despatch date for holding statements 9 March 2010
Quotation of shares on ASX 9 March 2010
For more information:
Michael Twomey - Stakeholder Relations
NewSat Limited
Tel: +61 3 9674 4626
Email: [email protected]

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