1. Transition to New Band Plan Proponent-driven – January 10, 2008 deadline Based on Major Economic Areas –MEA Slide on Next Page Proponent must move EBS video to MBS channels and provide new downconverters FCC-specified process with “safe harbors”

2. Transition to New Band Plan Major Economic Areas

3. New Leasing Environment “Secondary Markets” Rules Two Options for ALL New Leases: –De Facto Transfer model –Spectrum Manager Model Under De Facto Transfer model, direct regulatory responsibility shifts to Lessee FCC approval of de facto transfer leases

4. New Regulatory Regime EBS governed by Part 27 of rules (previously covered by Part 74 of FCC rules) Wireless Telecommunications procedures and forms Strict regulatory compliance required!

5. Further Notice of Proposed Rule Making Key Issues Grandfathered E/F Licenses – do they obtain GSA’s and become like other EBS stations?

6. Further Notice of Proposed Rule Making Key Issues Opportunity for New Applications for EBS spectrum –What geographic areas and channels? –Timing and conduct of Auctions?

7. Further Notice of Proposed Rule Making Key Issues License Renewal Standards –Substantial Service Standard -- general standards and “safe harbors” –What has to be demonstrated and when?