APT Satellite Holdings Limited — Proxy Solicitation & Information Statement 2007

Jan 17, 2007

(Incorporated in Bermuda with limited liability)

(Stock Code: 1045)

NOTICE OF SPECIAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that a special general meeting of the shareholders of APT Satellite Holdings Limited (the “Company”) will be held at its principal place of business, 22 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong on Tuesday, 13 February 2007 at 11:00 a.m. for the purpose of considering and, if it thought fit, passing with or without amendments the following resolution:

ORDINARY RESOLUTION

“ THAT

• (a) the supplemental agreement dated 28 December 2006 between the Company and Singapore Telecommunications Limited (a copy of which marked “A” is produced to the meeting and signed by the chairman of the meeting for the purpose of identification) to extend the term of the Master Agreement for further three years to 31 December 2009 and the transactions contemplated thereunder, be and are hereby approved, confirmed and ratified;

• (b) the New Caps (as defined in the circular to the shareholders of the Company dated 18 January 2007 (the “Circular”)) referred to in the section headed “The New Caps” in the “Letter from the Board” contained in the Circular be and are hereby approved; and

• (c) the directors of the Company or any one of the directors of the Company be and is hereby authorised to do all such further acts and things and sign, seal, execute and deliver all such documents and take all such actions which in their absolute discretion consider necessary, desirable or expedient to implement and/or give full effect to the agreement referred to in (a) above and the transactions contemplated thereunder and the New Caps referred to in (b) above”.

By Order of the Board Dr. Lo Kin Hang, Brian Company Secretary

Hong Kong, 18 January 2007

Notes:

1. A member entitled to attend and vote at the above meeting is entitled to appoint one or, if he/she is the holder of two or more shares, more proxies to attend and vote on his/her behalf. A proxy need not be a member of the Company.

2. In order to be valid, the form of proxy, must be deposited with the Company’s branch share registrar in Hong Kong, Tengis Limited, at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong, together with the power of attorney or other authority, if any, under which it is signed, or a notarially certified copy of that power of attorney or other authority, not less than 48 hours before the time appointed for holding the meeting or adjourned meeting (as the case may be).

3. The form of proxy for use in connection with the above meeting has been sent to the shareholders together with the Circular and such form is also published on the website of the Stock Exchange (www.hkex.com.hk).

The Directors as at the date of this notice are as follows:

Executive Directors:

Ni Yifeng and Tong Xudong

Non-Executive Directors:

Rui Xiaowu (Chairman), Lim Toon, Yin Yen-liang, Wu Zhen Mu, Ho Siaw Hong, Zhao Liqiang, Tseng Ta-mon (Alternate Director to Yin Yen-liang)

Independent Non-Executive Directors:

Yuen Pak Yiu, Philip, Huan Guocang and Lui King Man

Please also refer to the published version of this announcement in The Standard.