Successful placing of launch & in-orbit insurance

Date: 3rd October 2011

On behalf of: Avanti Communications Group plc ("Avanti" or "the Company")

Embargoed until: 0700hrs

Successful placing of launch and in-orbit insurance for HYLAS 2

Avanti Communications Group plc (AIM: AVN), the satellite operator, is pleased to announce the completion of its launch insurance policy for HYLAS 2 with a sum insured of $328m (£208m). The rate achieved represents a saving of $15m (£9m) on the estimated cost for insurance included in the procurement budget for HYLAS 2.

The insurance covers the launch of HYLAS 2 and the first year of in-orbit operation. It provides for the total cost of the HYLAS 2 project, including replacing the satellite, a second launch, the insurance for this second launch and for its first year of operation. Following the first year of operation, Avanti will renew the insurance for HYLAS 2 so as to provide the same cover (as it will for HYLAS 1).

Commenting, Avanti Chief Executive, David Williams, said: "I am pleased to report that we have completed the insurance for HYLAS 2 at such a competitive rate. This reflects not only a competitive insurance underwriting market but also the high quality of the HYLAS 2 project and the experience of the Avanti team. HYLAS 2 is on track for its launch in Q2, 2012."

---ENDS---

For further information please contact:

Avanti Communications Group Plc Tel: +44 (0)20 7749 1600

David Williams / Sean Watherston

Cenkos Securities plc Tel: +44 (0) 20 7397 8900

Nicholas Wells (Nomad) / Julian Morse (Sales)

Jefferies International Limited Tel: +44 (0) 20 7029 8000

Julian Smith / Thomas Rider

Redleaf Polhill Tel: +44 (0) 20 7566 6700

Emma Kane / Paul Dulieu

Notes to Editors:

About Avanti

·; Avanti sells satellite data communications services to telecoms companies which use them to supply residential, enterprise and institutional users.

·; Avanti's first satellite called HYLAS 1, launched on November 26th 2010 and is the first superfast broadband satellite launched in Europe.

·; Avanti's second satellite, called HYLAS 2, is on target for launch in Q2 2012. It will extend Avanti's coverage to Africa and the Middle East.