SERVICE STREAM LIMITED — Capital/Financing Update 2016

Dec 20, 2016

21 December 2016

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ASX & MEDIA RELEASE

Service Stream awarded new Design & Construction Agreement for nbn FTTC

Leading essential network services company Service Stream Limited (ASX: SSM) is pleased to announce that it has signed a new Design and Construction Master Agreement (DCMA) with nbn .

Under the DCMA, Service Stream’s Fixed Communications division will be responsible for the design and construction of broadband infrastructure to approximately 130,000 premises in the eastern regions of Melbourne under nbn’s new Fibre-to-the-Curb (FTTC) technology.

Service Stream anticipates receiving its first work instruction under the agreement and commencing design works as early as February 2017, targeting the completion of all associated construction activities by April 2019.

Works under the new contract are valued at approximately $120 million over the 2.5 year term.

Managing Director, Leigh Mackender said: “Service Stream is proud to further expand its role in supporting nbn in undertaking one of the Nation’s most significant infrastructure projects.

Being awarded this DCMA for the new Fibre-to-the-Curb technology is another vote of confidence by nbn in Service Stream’s capabilities and recognition of Fixed Communications’ positive performance under the Multi-technology Integrated Master Agreement (MIMA) with nbn which has seen the business successfully construct Fibre-to-the-Node services for approximately 40,000 premises across Eastern Victoria so far in the past year.”

In addition to the MIMA and this new DCMA, Service Stream’s Fixed Communications division provides nbn with operations and maintenance field services (including service activations, service assurance, network assurance and preventative maintenance) over a substantial portion of the National Broadband Network covering FTTN, FTTP, FTTB and HFC fixed-line technologies.

For further details contact:

Service Stream Limited

Service Stream Limited

Leigh Mackender, Managing Director Bob Grant, Chief Financial Officer Tel: +61 3 9937 6350 Tel: +61 3 9937 6350

About Service Stream Limited:

Service Stream is a public company listed on the Australian Securities Exchange (Code: SSM). The Service Stream Group is a provider of essential network services to the telecommunications, energy and water industries. Service Stream operates out of more than 40 locations nationwide and maintains a workforce of around 1,500 employees and up to 3,000 active contractors. For more information please visit www.servicestream.com.au.

SERVICE STREAM LIMITED ABN 46 072 369 870

HEAD OFFICE Level 4, 357 Collins Street, Melbourne Vic 3000 | Mailing Address: PO Box 14570 Melbourne VIC 8001 T +61 3 9677 8888 | F +61 3 9677 8877 | E info@servicestream.com.au | www.servicestream.com.au