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solutions • Financing • Corporate finance • Risk management and capital raising solutions • Investment ideas • Germany, Switzerland, Austria, Luxembourg, UK and Channel Islands • International clients • Germany, Luxembourg, UK, Ireland, globally • Germany, UK and international • Generate operat
esentation (the 'Presentation') is strictly confidential to the recipient and has been prepared by Kleinwort Benson Group Limited and its affiliates (the "Company"). By accepting to receive such Presentation, you agree to be bound by the following terms. This Presentation may not be reproduced. retransmitted o
n 27238 145,411 18.7% DirecTV USA 785 55,918 1.4% Axiata Malaysia 580 20,809 2.8% FSS Vimpelcom Netherlands 6,797 39210 173% SES Luxembourg $1,011 518,391 53% Etisalat UAE 2,191 25,045 8.7% Intelsat Luxembourg 2.388 17,301 13.8% Telenor Norway 5,962 45,015 13.2% TeliaSo
ed by TAP Advisors ("TAP") for the exclusive use of the party to whom TAP delivers this presentation (together with its subsidiaries and affiliates, the "Company") using information provided by the Company and other publicly available information. TAP has not independently verified the information contained he
27,238 145,411 18.7% DirecTV USA 785 55,918 1.4% Axiata Malaysia 580 20,809 2.8% O.2 Vimpelcom Netherlands 6,797 39,210 17.3% SES Luxembourg $1,011 518,391 55% F.tisalat UAE 2,191 25.045 8.7% Intelsat Luxembourg 238.8 17,301 13.8% Te'mar Norway 5,962 45,015 132% TeliaSon
ed by TAP Advisors ("TAP") for the exclusive use of the party to whom TAP delivers this presentation (together with its subsidiaries and affiliates, the "Company") using information provided by the Company and other publicly available information. TAP has not independently verified the information contained he
Entities connected to both Luxembourg and the "Company"

Norway
LOCATION
United Kingdom
LOCATION
Latvia
LOCATION
Czech Republic
LOCATION
Slovakia
LOCATION
Lithuania
LOCATION
Croatia
LOCATION
Malaysia
LOCATION
Chile
LOCATIONDoug Band
PERSON
Marla Maples
PERSONthe Securities and Exchange Commission
ORGANIZATION
the Board of Directors
ORGANIZATIONthe Confidential Information
ORGANIZATION
Seattle
LOCATION
Myanmar
LOCATIONTelefonica
ORGANIZATION
Vodafone
ORGANIZATIONMeremeelal
ORGANIZATIONNRECapF.x Increase
ORGANIZATION