Telesat Holdings Inc. announced that, effective July 17, 2015, Mr. Bezul (Karim) Abuani has stepped down as a director of Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada. Telesat Holdings Inc. announced that, effective July 17, 2015, Mr. Michael T. Boychuk has joined the Board of Directors of Telesat Holdings Inc., Telesat Interco Inc. Mr. Boychuk was, from July 2009 to June 2015, President of Bimcor Inc. Boychuk currently is a member of the Board of Directors of the Laurentian Bank of Canada (Audit Committee) and GDI Integrated Services (Lead Director, Chair Audit Committee). He is also a member of the Investment Advisory Committee of Nunavut Trust, the McConnell Foundation and the McGill Pension Investment Committee (Chair).