MEASAT GLOBAL BERHAD (“MEASAT”) - Conditional take-over offer by MEASAT Global Network Systems Sdn Bhd (“MGNS” or “Offeror”) through CIMB Investment Bank Berhad (“CIMB”) and Maybank Investment Bank Berhad (“Maybank IB”) to acquire all of the ordinary shares of RM0.78 each in MEASAT not already held by MGNS (“Offer Shares”) at a cash offer price of RM4.20 for each Offer Share (“Offer”)

We refer to our earlier announcements dated 28 July, 13 August, 18 August, 27 August, 3 September, 6 September and 7 September 2010 in relation to the Offer.

We wish to announce that based on the Record of Depositors relating to the securities of the Company dated 7 September 2010, the number of MEASAT shares of RM0.78 each (“MEASAT Shares”) held by MGNS is 374,485,193 representing 96.04% of the total MEASAT Shares. 

Notwithstanding that MGNS holds more than 90% of MEASAT Shares, as far as the Company is aware, the Offer is still conditional upon the 90% Acceptance Condition as set out in the Section 2.2 of the Offer Document, being met. 

Arising from the above as the public shareholding spread of MEASAT is below 10% of the total listed shares and in view of that the Offeror has no intention to maintain the listing status of MEASAT pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), Bursa Securities shall suspend trading in all the securities of MEASAT upon the expiry of five (5) market days from the date of this announcement.

This announcement is dated 8 September 2010.