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ARN MEDIA LIMITED Capital/Financing Update 2021

Nov 1, 2021

64267_rns_2021-11-01_5b25ddf4-a56e-468c-8a25-f2e094ba8a6b.pdf

Capital/Financing Update

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MARKET ANNOUNCEMENT

HT&E disposes of shareholding in OML

SYDNEY, 2 November 2021 – HT&E Limited [ASX: HT1] today announced it has disposed of its entire shareholding in oOh!media Limited (ASX: OML) for $1.78 per share, equating to gross proceeds of $49 million and a gain of $31 million on the initial investment.

The sale further bolsters HT&E’s balance sheet following the ATO tax settlement last week.

ENDS

For further information, please contact:

Peter Brookes, Citadel-MAGNUS, +61 407 911 389, [email protected]

Helen McCombie, Citadel-MAGNUS, +61 411 756 248, [email protected]

HTandE.com.au / 3 Byfield Street, Macquarie Park, NSW, 2113 / T : +61 2 8899 9900 / ABN: 95 008 637 648