BULLETIN FROM THE EXTRAORDINARY SHAREHOLDER´S MEETING - C2SAT HOLDING AB (PUBL)

(NGM: C2ST B)

Stockholm, Sweden, January 20, 2009 – C2SAT (NGM Stock market exchange, C2ST)

The extraordinary shareholders' meeting resolved on an amendment to the company's articles of association as regards to the limitations of the share capital, meaning that the share capital shall be at least SEK 20,000,000 and not more than SEK 80,000,000

The extraordinary shareholders' meeting also approved the board of directors' decision resolved on December 19, 2008 regarding issue of warrants. The issue will comprise of a maximum of 118 319 874 warrants, free of charge. The warrants will be allotted to those who subscribe for and are allotted shares in the company's on-going preferential rights issue of shares. For every subscribed and allotted share, one (1) warrant will be allotted, free of charge. Subscription and allotment will be handled by Mangold Fondkommission (a Swedish securities brokerage company). One (1) warrant entail it’s holder to subscribe for one (1) new share in the company. The subscription price for new shares subscribed for by exercising warrants is set at SEK 0,40. If fully exercised, the company's share capital will increase to a maximum of SEK 15 381 583,62. The subscription period for new shares by exercising of warrants runs between June 15, 2009 until June 30, 2009.

For more information:

Göte Emtander, Chairman of the Board of Directors

C2SAT holding AB (publ)

+46-8-748 01 40

About C2SAT

C2SAT communication AB, headquartered in Solna, Stockholm, Sweden is a world leader of innovative stabilised VSAT antenna systems used in two-way satellite broadband communication from vessels and vehicles in motion. C2SAT holding AB (publ) is listed on the NGM Stock Market Exchange with the ticker C2ST. C2SAT is a registered trademark. .