MATERIAL CHANGE REPORT
1. Name and Address of Company
Norsat International Inc.
110 – 4020 Viking Way
Richmond, BC
V6V 2N2
2. Date of Material Change
May 16th, 2007
3. News Release
A press release announcing that the company was going to have an investor conference call was released on May 16th.
4. Summary of Material Change
On May 16th, 2007, the Company held a conference call and provided an explanation of the results for the first quarter. It also provided some limited guidance for the rest of 2007.
5. Full Description of Material Change
A transcript of the CEO and CFO’s discussion of results is attached.
6. Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
7. Omitted Information
Not applicable.
8. Executive Officer
Amiee Chan
President and Chief Executive Officer
Tel: (604) 821-2800
Fax: (604) 821-2801
9. Date of Report
May 18th, 2007