NewSat Limited (ASX:NWT) Board Of Directors Response To Takeover Announcement

  Melbourne, Australia, Sep 3, 2009 - (ABN Newswire) - NewSat Limited (ASX:NWT)(OTC:NWTLY) has this morning received a letter dated 3 September 2009 from EWC Payments Pty Ltd, a copy of which was copied to ASX. This letter advises of a formal off-market scrip for scrip takeover offer to be made by that company for 100% of the shares of NewSat Ltd.NewSat Ltd had no prior knowledge or notice of this takeover offer, nor of EWC Payments Pty Ltd.  

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