Attachment Exhibit B

This document pretains to SAT-ASG-20091215-00145 for Assignment on a Satellite Space Stations filing.

IBFS_SATASG2009121500145_788178

                                                                                     FCC Form 312
                                                                                          Exhibit B
                                                                                     December 2009
                                                                                        Page 1 of 1


                                                    Description of the Transaction

       This application seeks the FCC's consent to the assignment of the two geostationary
space station authorizations, AfriStar-l (call sign 2367) and AfriStar-2 (call sign S2666) held
by AfriSpace, Inc. Debtor-in-Possession (" AfriSpace DIP") to Liberty Satellte Radio, Inc.
("Liberty Satellte") that wil result from the proposed transaction described below.


            Liberty Satellte, a Delaware corporation and an indirect wholly-owned subsidiary of
Liberty Media Corporation ("Libert Media"), intends to enter a transaction in which it would
acquire certain assets of WorldSpace, Inc. ("WorldSpace"), WorldSpace Systems Corporation,
AfriSpace, Inc., and WorldSpace Satellite Company Ltd. (collectively, the "Debtors") in a sale
transaction to be approved by the United States Bankptcy Court for the District of Delaware.
The acquired assets wil include the geostationary space station authorizations held by
AfriSpace DIP.

       Liberty Satellite Radio Holdings, LLC ("Liberty Satellte Holdings"), a Delaware
limited liabilty company and an indirect wholly-owned subsidiary of Liberty Media and an
affliate of Liberty Satellte, holds all of the senior secured debt of the Debtors, including
debtor-in-possession loans in the current principal amount of $22.3 millon ("DIP Loan"). It is
anticipated that Liberty Satellte Holdings wil make additional advances to the Debtors under
the DIP Loan to fund the cash requirements of the Debtors until the closing of  the proposed
transaction. Prior to the closing of the proposed transaction, Liberty Satellte Holdings wil
assign its rights as the holder of the DIP Loan to Liberty Satellte, and Liberty Satellte wil
release all of the obligations of the Debtors under the DIP Loan in exchange for the acquired
assets.

       Liberty Media and the Debtors expect to enter into definitive  agreements relating to the
proposed transaction. Completion of the proposed transaction is subject to the customary
conditions precedent, including obtaining all required regulatory approvals.


- Doc# 59457.1 -



Document Created: 0000-00-00 00:00:00
Document Modified: 0000-00-00 00:00:00

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