Completion of Acquisitions and TVR

THIS ANNOUNCEMENT, AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, THE REPUBLIC OF SOUTH AFRICA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Satellite Solutions Worldwide Group plc

("SSW" or the "Company")

Completion of Acquisitions and TVR

Satellite Solutions Worldwide Group plc (AIM: SAT), the global communications company specialising in the provision of rural and last-mile broadband via satellite, announces that further to the announcements dated 29 July 2016, admission of the Placing Shares and the Vendor Shares will occur at 8 a.m. tomorrow ("Admission"). Completion of the Acquisitions will become effective immediately after Admission.

Capitalised terms are as defined in the Company's announcements on 29 July 2016, unless the context requires otherwise.

Details of the Vendor Shares

A total of 26,362,771 Vendor Shares have been issued to part satisfy the consideration for the Acquisitions. The number of Vendor Shares issued was based on a GBP: NOK exchange rate of 11.2575 and GBP: A$ rate of 1.7591, being the prevailing rates at midday today. For further information on the Vendor Shares and lock-in arrangements, please refer to the Company's announcements on 29 July 2016.

Total Voting Rights and Director Shareholdings

Following Admission, the total number of Ordinary Shares in issue will be 536,175,719. SSW does not hold any Ordinary Shares in treasury. The Placing Shares and the Vendor Shares rank pari passu in all respects with the existing Ordinary Shares. The aforementioned figure of 536,175,719 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, SSW under the Financial Conduct Authority's Disclosure and Transparency Rules.

All of the Company's directors participated in the Placing, subscribing for a combined total of 2,083,335 Placing Shares, which equated to a total director cash subscription of £125,000. The director subscription took place on the same terms as the wider Placing. Details of the director subscription and their shareholdings post Admission are in the table below.

This announcement contains inside information.

Enquiries:

About SSW

Established in 2008, SSW offers a broad range of satellite broadband services with customers across 31 countries. With solutions targeting B2C and B2B users, and with products developed specifically for the broadcasting/SNG, Police and Military markets, SSW's brands represent leading independent providers of satellite broadband internet services.

Listing on the London Stock Exchange as Satellite Solutions Worldwide Group plc (AIM:SAT) on 12 May 2015, and with a track record of strong organic growth in its subscriber base and recurring revenues, the directors of SSW believe there is a major opportunity to build-on the business's organic growth with acquisitions throughout the fragmented European satellite industry.

Working closely with satellite owners and operators, SSW targets customers in the 'digital divide' with solutions that deliver up to 30 Mb satellite based broadband services to almost any premises, whether residential, commercial or industrial, irrespective of location or local infrastructure.