SKY NETWORK TELEVISION LIMITED. — Capital/Financing Update 2018

Feb 28, 2018

APPENDIX 7 – NZSX Listing Rules

EMAIL: announce@nzx.com

Notice of event affecting securities

NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10.

Number of pages including this one (Please provide any other relevant details on additional pages)

For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.

Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities	Number of pages including this one (Please provide any other relevant NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages) For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required. Notice of event affecting securities
Full name of Issuer		SKY NETWORK TELEVISION LIMITED
Name of offic make this not		er auth ice	orised to							Authority for event, e.g. Directors' resolution
							JASON HOLLINGWORTH										Directors' Resolution
Contact phone number			09 579 9999							09 525 8324								27 02				2018
Nature of event Tick as appropriate			Bonus Issue Rights Issue non-renouncable				If ticked, state whether: Capital Ca change	Taxable ll Dividend x		Rights Issue / Non Taxable Conversion Interest Renouncable If ticked, state Full whether: Interimx Year Special DRP Applies
EXISTING securities affected by this Description of the class of securities								If more than o		ne security is affected by the event, use a separate f ISIN									orm.
																			NZSKTE0001S6
																			If unknown, contact NZX
Details of securities issued pursuant t						o this event		If		more than one class of security is to be issued, use a ISIN Minimum Entitlement									separate form for each class		.
Description of the class of securities Number of Securities to be issued following event
										Minimum Entitlement									If unknown, contact NZX Ratio, e.g 1 for 2 for
Conversion, Maturity, Call Payable or Exercise Date Strike price per security for Strike Price available.				any issue in lie	u o					Treatment of Fractions Tick if provide an paripassu OR explanation of the ranking
						r date Enter N/A if not applicable
Monies Associated with Event Amount per security (does not include any excluded incom Excluded income per security (only applicable to listed PIEs) Currency In dollars a					nd	Divide cents		nd payable, Call payable, Exercise price, Conversion price, Redemption price, Application money. Source of Payment Supplementary Amount per security dividend in dollars and cents details - $0.013235 Retained Earnings											price, Application money.
													Retained Earnings
	Amount per security (does not include any excluded incom
					e $0.075
	Excluded income per security (only applicable to listed PIEs) Currency
					NZD															$0.013235
	Total monies				$29,185,484						NZSX Listing Rule 7.12.7 Date Payable									23 March, 2018
Taxation In the case of a taxable bonus issue state strike price											Amountper Security in Dollars and cents to si									x decimalplaces
							$		Resident Withholding Tax		$0.0052083				Imputation Credi (Give details)					t $0.029167
									Foreign Withholding Tax		FDP Credits (Give details) $
Timing (Refer Appendix 8 in Record Date 5pm For calculation of entitlements - Notice Date Entitlement letters, call notices,					the N		ZSX Listing Rules)				Application Date Also, Call Payable, Dividend / Interest Payable, Exercise Date, Conversion Date. Allotment Date For the issue of new securities.
							15 March, 2018									23 March, 2018
conversion notices mailed												Must be within 5 business days of application closing date.

OFFICE USE ONLY

Ex Date: Commence Quoting Rights: Security Code: Cease Quoting Rights 5pm: Commence Quoting New Securities: Security Code: Cease Quoting Old Security 5pm:

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