Attachment Exhibit

This document pretains to SCL-LIC-20080814-00016 for License on a Submarine Cable Landing filing.

IBFS_SCLLIC2008081400016_666859

Exhibit 1

Offering better connectivity between South Pacific markets Rémi Galasso - CEO SPIN Ltd

Introduction 2007 worldwide submarine cable map 2 - Ocean ia Com - 08.07.2008

Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG, Fiji and Guam are currently connected to submarine cable No West to East submarine cable Blocking point for ICT development in the Pacific Islands 3 - Ocean ia Com - 08.07.2008

SPIN objectives SPIN for South Pacific Islands Network Regional initiative supported by: Secretariat of the Pacific Community Pacific Islands Forum Secretariat French Government Provide faster and cheaper bandwidth to Pacific Islands countries and territories: Interconnect the 3 French territories of New Caledonia, Wallis & Futuna and French Polynesia Connect Pacific Islands countries currently relying on satellite Open a new transpacific route Sydney - Hawaii Impacts in terms of connectivity: For operators: significant reduction of international bandwidth charges For subscribers: lower prices and better access For Australian Telco and ISP : new offer with over 300 Gb/s spare capacity available for sale 4 - Ocean ia Com - 08.07.2008

SPIN roadmap SPIN is a submarine cable network built in 3 steps 5 - Ocean ia Com - 08.07.2008

Step 1 : New Caledonia cable - Sydney to Nouméa To Hawaii s C ros ss the rn Cro So u ern th So u PAPUA NEW GUINEA t ra ls Te Madang SOLOMON ISLANDS PI PE WALLIS Port Moresby SAMOA Honiara Apia AMERICAN SAMOA Pago Pago VANUATU FIJI Port Vila Papeete Cairns Suva NEW G- 2 CALEDONIA FRENCH APN NIUE POLYNESIA Noumea Rarotonga COOK ISLANDS a AUSTRALIA an dw on G • OPT NC - Gondwana cable • 2151 km between Nouméa and Sydney • 1 pair of fiber Sydney • 32x10 Gb/s capacity Auckland • In service by August 2008 6 - Ocean ia Com - 08.07.2008

Step 2 : French Polynesia cable - Tahiti to Hawaii To Hawaii s C ros ss the rn Cro So u ern th So u PAPUA NEW GUINEA t ra ls Te Madang Ho not SOLOMON ISLANDS ua PI PE WALLIS Port Moresby SAMOA Honiara Apia AMERICAN SAMOA Pago Pago VANUATU FIJI Port Vila Papeete Cairns Suva NEW G- 2 CALEDONIA FRENCH APN NIUE POLYNESIA Noumea Rarotonga COOK ISLANDS a AUSTRALIA an dw on G • OPT PF - Honotua cable • 4650 km between Tahiti and Hawaii • 1 pair of fiber Sydney • 32x10 Gb/s capacity Auckland • In service by April 2010 7 - Ocean ia Com - 08.07.2008

Step 3 : SPIN cable - Nouméa to Tahiti To Hawaii s C ros ss the rn Cro So u ern th So u PAPUA NEW GUINEA t ra ls Te Madang Ho not SOLOMON ISLANDS ua PI PE WALLIS Port Moresby SAMOA Honiara Apia AMERICAN SAMOA Pago Pago VANUATU FIJI Port Vila Papeete Cairns Suva NEW G- 2 CALEDONIA FRENCH APN NIUE POLYNESIA Noumea Rarotonga COOK ISLANDS a AUSTRALIA an dw on G • SPIN SA - SPIN cable • 6500 km between Nouméa and Tahiti • 2 pairs of fiber Sydney • 64x10 Gb/s capacity • In service by 2nd half 2010 Auckland 8 - Ocean ia Com - 08.07.2008

Ownership & Funding SPIN cable is owned by SPIN SA Limited company incorporated in Wallis & Futuna - France Private investors : API Group and French Hedge Fund Public investors : French Territories of Pacific region Approximate cost of SPIN: Euro 150M Funding: Investment and capacity agreements French public aid Bank financing 9 - Ocean ia Com - 08.07.2008

Official launching of SPIN 08 July 2008: public announcement Project launching with 5 official partners: New Caledonia Wallis and Futuna American Samoa Niue French Polynesia Strong interest from other Pacific Islands countries Next step: Tender for supply and installation of SPIN launched in May 08 Supplier to be selected in August 08 10 - Oceania Com - 08.07.2008

Thank you for your attention remi.galasso@spin.nc 11 - Oceania Com - 08.07.2008


Document Created: 2008-09-30 14:13:01
Document Modified: 2008-09-30 14:13:01
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