Asia Satellite Telecom : PROXY FORM FOR ANNUAL GENERAL MEETING

Asia Satellite Telecommunications Holdings Limited 亞 洲 衛 星 控 股 有 限 公 司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 1135)

PROXY FORM FOR ANNUAL GENERAL MEETING

I/We of

(Note 1)

(Note 1)

being the registered Shareholder(s) of in Asia Satellite Telecommunications Holdings Limited (the ''Company'') hereby appoint of

(Note 2) shares of HK$0.10 each

(Note 3) (Note 3)

or failing him/her the Chairman of the Annual General Meeting (''AGM'') of the Company to be held at 12th Floor, Harbour Centre, 25 Harbour Road, Wanchai, Hong Kong on 15 June 2018, Friday at 10:00 a.m. as my/our proxy to attend and vote for me/ us and on my/our behalf at the AGM, and at any adjournment thereof in respect of the resolutions set out in the relevant notice of AGM (''Notice'') as indicated below, and if no such indication is given, as my/our proxy thinks fit.

ORDINARY RESOLUTIONS

(1) To receive and approve the audited consolidated financial statements for the year ended 31 December 2017 and the reports of the Directors and auditors thereon.

(Notes 4 & 5)

(2) To declare a final dividend of HK$0.20 per share for the year ended 31 December 2017.

(3) To re-elect Directors and authorise the Board to fix their remuneration.

• (a) To re-elect Mr. Herman CHANG Hsiuguo as a Director.

• (b) To re-elect Mr. Peter JACKSON as a Director.

• (c) To re-elect Ms. Philana Wai Yin POON as a Director.

• (d) To re-elect Dr. Roger Shun-hong TONG as a Director.

• (e) To re-elect Ms. Maura WONG Hung Hung as a Director.

• (f) To re-elect Mr. Gregory M. ZELUCK as a Director.

• (g) To authorise the Board to fix the remuneration of the directors.

(4) To re-appoint PricewaterhouseCoopers as auditors of the Company and authorise the Board to fix their remuneration for the year ending 31 December 2018.

(5) To grant a general mandate to the Directors to allot, issue and dispose of new shares in the capital of the Company.

(6) To grant a general mandate to the Directors to repurchase shares of the Company.

(7) To extend, conditional upon the passing of Resolutions (5) and (6), the general mandate to allot, issue and dispose of new shares by adding the number of shares repurchased.

Dated the

day of

2018

Signature(s)

(Note 6)

Notes:

• 1. Please insert your full name(s) and address(es) in BLOCK LETTERS. The name of all joint registered holders shall be stated.

• 2. Please insert the number of shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares of the Company registered in your name(s).

• 3. Please insert full name(s) and address(es) of the Proxy(ies) to be appointed in BLOCK LETTERS. If no name is inserted, the Chairman of the AGM will act as your proxy. A Shareholder entitled to attend and vote at the AGM is entitled to appoint one or more proxies to attend and vote in his/her behalf. The proxy need not be a shareholder of the Company but must attend the AGM in person to represent you.

• 4. Please indicate with a'✓'in the appropriate box beside a resolution to indicate how you wish the proxy to vote on your behalf. In the absence of any such indication, the proxy may vote for or against the resolution or may abstain at his/her discretion.

• 5. The full wording of the resolutions to be proposed and their explanatory notes are set out in the Notice and is also available on our website atwww.asiasat.com.

• 6. To be valid, this proxy form must be completed, signed and deposited at the Company's Hong Kong Branch Share Registrars, Computershare Hong Kong Investor Services Limited, Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 48 hours before the time for holding the AGM.

• 7. Any alteration made to this form should be initialed by the person who signs the form.

• 8. Completion and return of this form will not preclude you from attending and voting in person at the AGM or any adjournment thereof if you wish.

*

for identification purpose only