SGH LIMITED — Capital/Financing Update 2011

May 19, 2011

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20 May 2011

Statement from Seven Group Holdings

As announced by Seven West Media Limited ( SWM - formerly West Australian Newspapers Holdings Limited WAN ) on 24 March 2011, Seven Group Holdings confirmed that it would participate in relation to its entire shareholding at the time each dividend is declared in SWM’s dividend reinvestment plan for at least SWM’s next two dividend payments.

To hedge its exposure to the DRP price (being above the current SWM share price), Seven Group Holdings today advised that it has entered into a cash settled equity derivative with Deutsche Bank in respect of a “notional parcel” of 17.8 million SWM shares.

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Seven Group Holdings Limited | ABN 46 142 003 469 38-42 Pirrama Road | Pyrmont NSW 2009 Australia | Postal Address: PO Box 777 | Pyrmont NSW 2009 Australia Telephone +61 2 8777 7777 | Facsimile +61 2 8777 7192