1

2010 Interim Results

24 August 2010

2

Financial Highlights Operations ReviewBusiness Outlook

3

1H/2010

(HK$ M)

1H / 2009(HK$ M)

Turnover 363.2 229.5

Profit Attributable

to Equity

Shareholders

97.5 52.8

Interim Results Interim Results

4

34%

60%

6%

33%

64%

3%

0%

20%

40%

60%

80%

100%

1H/2009 1H/2010

BroadcastingTelecomOther

55

24%

10%12%

20%

34%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

China HK Singapore Indonesia Others

1H/2009 1H/2010

33%

13%16%

22%

16%

6

1H/2010

(HK$ M)

1H/2009

(HK$ M)

Turnover 363.2 229.5

Cost of Services (189.9) (132.9)

Gross Profit 173.3 96.6

Other net income 3.0 7.3

Valuation gains/(losses) on Investment Properties

0.1 (0.2)

Administrative Expenses (39.3) (34.2)

Profit from Operations 137.1 69.5

7

1H/2010

(HK$ M)

1H/2009

(HK$ M)

Profit from Operations 137.1 69.5

Finance costs (3.7) -

Profit before taxation 133.4 69.5

Income tax (35.9) (16.7)

Profit after taxation 97.5 52.8

Attributable to:

Equity shareholders of the Company 97.5 52.8

Earnings per share – Basic (HK cents) 23.57 12.78

Earnings per share – Diluted (HK cents) 23.56 12.78

8

80% 81%

20%17%

0% 2%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Cost of Services Admin. Exp. Finance Cost

1H/2009

1H/2010

9

77%

86%

14%9% 8%

4% 1% 1%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Depreciation Insurance Licence & OrbitSlot Fees

Satellite-basedTelecom

1H/2009

1H/2010

10

72%82%

0%

20%

40%

60%

80%

100%

1H/2009 1H/2010

Note: EBITDA Margin represents earnings before interest income / expenses, other income, taxation, depreciation, amortization and impairment loss as a percentage of turnover.

1111

30 Jun 2010 30 Jun 2009

APSTAR 6 76% 70.3%

APSTAR 5

(APT’s transponders)

78% 80.6%

APSTAR 2R 82% N/A

1212

SS/L FS1300

Commenced operation in August 2004

APT keeps 20 C & 9 Ku Transponders

The mission life is about 15 years

Maintained high utilization rate with further increase potential

1313

APSTAR 6 APSTAR 6 Thales Alenia Space (formerly known as

Alcatel Space) Spacebus4100C1

High-power satellite with 38 C-band and 12 Ku-band

Started commercial operation in June 2005

Operation mission life over 15 years

Maintained high utilization rate with further growth potential

1414

Built on SS/L FS1300 and commenced operation in November1997 with 15 years life

APT terminated the Lease Agreement with Telesat on 9 July 2009 and took up 43 transponders with reputable customers

The C-band transponders cover Europe, Asia, Africa, and Australia, approx. 75% of the world’s population

High filling rate for C transponders with strong income stream

1515

Satellite Procurement Contract was signed on 29 Sept 2009 with Thales Alenia Space France (“TASF”)

Launch Service Contract was signed on 8 Nov 2009 with China Great Wall Industry Corporation (“CGWIC”)

Based on Spacebus 4000 C2 platform, to be located at same orbital slot as APSTAR 2R with 28 C and 28 Ku transponders

Scheduled to be launched in Q1 2012 to replace APSTAR 2R

16

As a back up satellite of APSTAR 7, signed with TASF and CGWIC in April 2010

Based on Spacebus 4000 C2 platform with 28 C and 23 Ku transponders

Scheduled to be delivered in Q2 2012 in the event of launch failure of APSTAR 7

Transferred to China Satellite Communications Co. Ltd. (“CSCC”) under Cooperation Agreement in case APSTAR 7 is successful

16

1717

Satellite TV Broadcasting Services APT Satellite TV Development Ltd. (A

subsidiary)

Satellite-based Telecommunications Services

APT Telecom Services Limited （ A subsidiary)

Data Centre Services

18

Improved business environment

Fierce market competition

Growing demand for transponders and services

Business growth due to APSTAR 2R/7 with increase of transponder capacities and better competitive edges

19

APT Satellite Holdings

Limited

www.apstar.com