SKY NETWORK TELEVISION LIMITED. — Share Issue/Capital Change 2021

Aug 24, 2021

Rule 3.10.1, 3.20.4, 7.18-7.24A, 15.3, Appendix 7A section 7.

Appendix 3A.3

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Notification of +security consolidation or split

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Please note that two or more corporate actions on the same +security may not run with different record dates if the timetables result in overlapping (but not identical) ex-periods. It is permissible to run different corporate actions with the same record date except in the case of consolidations or splits which cannot run at the same time as any other corporate action for that entity.

If you are an entity incorporated outside Australia, for +securities other than CDIs / depository interests, please obtain and provide an International Securities Identification Number (ISIN) for the class(es) of +securities to be created during your corporate action. The ISIN(s) should be advised in the Further Information section of this form. Further information on this requirement can be found in the Online Forms section of ASX Online for companies.

*Denotes minimum information required for first lodgement of this form.

**Denotes information that must be provided on or before +business day 0 of the relevant Appendix 6A or Appendix 7A timetable.

The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

QuestionNo.	Question	Answer
1.1	*Name of entity	Sky Network Television Limited
1.2	*Registration type and number	ABN 70 653 143 224
	One of ABN/ARSN/ARBN/ACN or other registrationtype and number (if "other" please specify what type ofregistration number has been provided).
1.3	*ASX issuer code	SKT
1.4	*The announcement is	New announcement
	Tick whichever is applicable.	Update/amendment to previousannouncement
		Cancellation of previous announcement
1.4a	*Reason for update	N/A
	Mandatory only if "Update" ticked in Q1.4 above. Areason must be provided for an update.
1.4b	*Date of previous announcement to thisupdate	N/A
	Mandatory only if "Update" ticked in Q1.4 above.
1.4c	*Reason for cancellation	N/A
	Mandatory only if "Cancellation" ticked in Q1.4 above.
1.4d	*Date of previous announcement to thiscancellation	N/A
	Mandatory only if "Cancellation" ticked in Q1.4 above.

Part 1 – Entity and announcement details

1.5	*Date of this announcementThe date of lodgement of the form by the entity viaASX Online.	25 August 2021
1.6	*Applicable ASX +security code(s) anddescription(s) for consolidation or splitPlease confirm the entity's +securities (quoted andunquoted) which will be affected by the consolidationor split. Please note Listing Rule 7.21 in respect of+convertible +securities, Listing Rules 7.22.1 and7.22.2 in respect of options and Listing Rule 7.24 inrespect of partly paid +securities.	ASX +security code:SKT+Security description:Ordinary shares

Part 2 – Approvals

QuestionNo.	Question			Answer
2.1	••••••Q2.2. If "no" go to Part 3.Part 6 "Further information".	*Are any of the below approvals requiredfor the consolidation or split beforebusiness day 0 of the timetable?+Security holder approvalCourt approvalLodgement of court order with +ASICACCC approvalFIRB approval;Another approval/condition external tothe entity required to be given/metbefore business day 0 of the timetablefor the consolidation or split.If any of the above approvals apply to theconsolidation or split before business day 0 of thetimetable, please answer 'yes' and provide details atThe purpose of the question is to confirm thatrelevant approvals are received prior to ASXestablishing an ex market in the +entity wishes to disclose approvals or conditionswhich are to be resolved at a later date it should use	securities. If the	No
2.2	Approvals+	Select appropriate approval from drop down box as applicable. More than one approval can be selected. Thisquestion refers only to events which take place before business day 0 of the timetable. The purpose of thequestion is to confirm that relevant approvals are received prior to ASX establishing an ex market in thesecurities. The "Date for determination" is the date that you expect to know if the approval is given for examplethe date of the +security holder meeting in the case of +security holder approval or the date of the court hearing inthe case of court approval. If the entity wishes to disclose approvals or conditions which are to be resolved at alater date it should use Part 6 "Further information".
*Approval/condition		*Date fordetermination	*Is the dateestimated oractual?	**Approvalreceived/conditionmet?Only answer thisquestion when youknow the outcome ofthe approval – pleaseadvise on or before+business day 0 of therelevant Appendix 6A orAppendix 7A timetable.	Comments
+Security holderapproval		N/A	Estimated ORActual	YesNo
Court approval		N/A	Estimated ORActual	YesNo
Lodgement of courtorder with +ASIC		N/A	Estimated ORActual	YesNo
ACCC approval		N/A	Estimated ORActual	YesNo

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This appendix is available as an online form Appendix 3A.3 Notification of +Security consolidation or split _________________________________________________________________________________

FIRB approval	N/A	Estimated OR	Yes
		Actual	No
Other (please specifyin comment section)	N/A	Estimated ORActual	YesNo

Amended 29/06/15

+ See chapter 19 for defined terms 1 December 2019 Page 4

Part 3 – Consolidation or split timetable and details

QuestionNo.	Question	Answer
3.1	+Record*datePer Appendix 7A, section 7 the +record date is+business day 3 in the timetable. This is three+business days after the effective date (Q3.2). This isthe last day for the entity to register transfers on a preconsolidation or split basis and the date on which theregister is closed to determine the register for theconsolidation or split of +securities.The +record date must be at least four +business daysfrom the current date. Please note that the +recorddate and the date that trading in the postconsolidation or split +securities commences on adeferred settlement basis (Q3.4) cannot be changed(even to postpone it or cancel it) any later than 12noon Sydney time on the previously advised last dayfor trading in pre consolidation or split +securities(Q3.3).	16 September 2021
3.2	Date of +security holder meetingSame date as provided in Q2.2.	N/A
3.2a	Effective date of consolidation or splitPer Appendix 7A, section 7 the effective date is+business day 0 in the timetable and is 3 +businessdays before the +record date. This date can be thedate of the security holder meeting to pass thenecessary resolution to approve the consolidation orsplit, or a later date specified in the resolution.	13 September 2021
3.3	*Last day for trading in pre consolidation orsplit +securitiesPer Appendix 7A, section 7 this is +business day 1 inthe timetable and the +business day after the effectivedate. –	14 September 2021
3.4	*Trading in the post consolidation or split+securities commences on a deferredsettlement basis.If agreed by ASX, trading in the post consolidation orsplit securities commences on a deferred settlementbasis on this day. If the entity's +securities aresuspended from trading during this period there willbe no +deferred settlement trading however ASX stillcaptures this date.Per Appendix 7A, section 7 this is +business day 2 inthe timetable and the second +business day after theeffective date.Please note that the +record date and the date thattrading in the post consolidation or split +securitiescommences on a deferred settlement basis cannot bechanged (even to postpone it or cancel it) any laterthan 12 noon Sydney time on the previously advisedlast day for trading in pre consolidation or split+securities (Q3.3).	17 September 2021
3.5	+Record dateSame as Q3.1 above.	16 September 2021
3.6	First day for entity to update its registerand to send holding statements to	17 September 2021

	+security holders reflecting thechange in
	the number of +securities they hold.
	Per Appendix 7A, section 7 this is +business day 4 inthe timetable, and the +business day after the +recorddate.
3.7	Last day for entity to update its registerand send holding statements to +securityholders reflecting the change in thenumber of +securities they holdand tonotify ASX that this has occurred. (+IssueDate)Per Appendix 7A, section 7 this is the day that the	20 September 2021
	deferred settlement market ends. This is +businessday 8 in the timetable and five +business days afterthe +record date.
	Please note that the +issue date cannot be changed(even to postpone it) any later than 12 noon Sydneytime on the previous +issue date advised.
3.8	Trading starts on a normal T+2 basis	20 September 2021
	Per Appendix 7A, section 7 this is +business day 9 inthe timetable. This date is six +business days after the+record date and is the +business day after the +issuedate. .
3.9	First settlement of trades conducted on adeferred settlement basis and on a normalT+2 basis	22 September 2021
	Per Appendix 7A, section 7 this is +business day 11 inthe timetable. This date is eight +business days afterthe +record date and two +business days after T+2trading starts.

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Amended 07/03/16, Amended 01/12/19

Part 4 – Event type and details

QuestionNo.	Question	Answer
4.1	*The event isPlease select one. If "consolidation" please answerQ4.1a, if "split" please answer Q4.1b.	+Security consolidation+Security split
4.1a	*Consolidation ratioRatios may only be expressed as whole numbers.Fractional ratios will need to be multiplied up to awhole number (for example 1:1.5 should be expressedas 2:3). Where you consolidate five +securities intoone +security, the answer above is 5.00 (preconsolidation) +securities will be consolidated into 1.00(post-consolidation) +security. To consolidate three+securities into two +securities, the answer above is3.00 (pre-consolidation) +securities will be consolidatedinto 2.00 (post-consolidation) +securities.ALL: Please note that the ratio (multiplier or divisor)cannot be changed any later than 12 noon Sydneytime on the day before the previously advised date inQ3.4.	the +securities will be consolidated on thebasis thatevery10__ (pre-consolidation) +securitieswill be consolidated into(post-consolidation) +security1___(/ies)
4.1b	*Split ratioRatios may only be expressed as whole numbers.Fractional ratios will need to be multiplied up to awhole number (for example 1:1.5 should be expressedas 2:3). Where you split each +security into five, theanswer above is every 1.00 (pre-split) +security will bedivided into 5.00 (post-split) +securities. To divide eachtwo +securities into three +securities the answer is 2.00(pre-split) +securities will be divided into 3.00 (postsplit) +securities.ALL: Please note that the ratio (multiplier or divisor)cannot be changed any later than 12 noon Sydneytime on the day before the previously advised date inQ3.4.	the +securities will be split on the basis thatevery__________ (pre-split) +securities will bedivided into__________ (post-split) +securities.N/A
4.2	*Scrip fraction rounding:Please select the appropriate description regardinghow fractions will be handled. If you do not have arounding policy please choose "Fractions roundeddown to the nearest whole number or fractionsdisregarded".	Fractions rounded up to the next wholenumberFractions rounded down to the nearestwhole number or fractions disregardedFractions sold and proceedsdistributedFractions of 0.5 and over rounded upFractions over 0.5 rounded up

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Part 5 – +Securities on issue before and after consolidation or split

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QuestionNo.	Question		Answer
5.1	+Securities on issue before and after the consolidation or split*
	Please confirm the number of the entity's +securities on issue before and after the consolidation or split. Pleasenote Listing Rule 7.21 in respect of +convertible securities, Listing Rules 7.22.1, 7.22.2 in respect of options andListing Rule 7.24 in respect of partly paid +securities. If an estimate is provided please provide the actualamounts as soon as reasonably practicable and no later than the +issue date.
ASX+securitycode	ASX +securitydescription	Quoted/	unquoted	or split	Number on issuepre consolidation	Number on issuepostconsolidation orsplit		Estimate/Actual
SKT	Ordinaryshares	Quoted			1,746,879,558	174,687,956		Estimate
5.2	*Exercise price of options
	Please confirm the exercise price of options on issue before and after the consolidation or split. Please noteListing Rule 7.21 in respect of +convertible securities, and Listing Rules 7.22.1, 7.22.2 in respect of options.
ASX+securitycode	ASX +securitydescription	Quoted/unquoted		Currency		Exercise pricepreconsolidation orsplit		Exercise price postconsolidation or split
N/A
5.3	*Partly paid +securities affected by the consolidation orsplit
	Please confirm the effect of the consolidation or split on "paid to" and "unpaid" amounts for partly paid +securitieson issue before and after the consolidation or split. Please note Listing Rule 7.21 in respect of +convertiblesecurities and Listing Rule 7.24 in respect of partly paid +securities. If there is more than one +security pleaseinclude the additional +securities.
ASX+securitycode	ASX+securitydescription	Quoted/unquoted	Currency		Paid upamount preconsolidation or split	Paid upamount postconsolidation or split		Unpaidamount preconsolidation or split	Unpaidamount postconsolidationor split
N/A

A change to the terms or price of + convertible securities should be advised in Part 6 – "Further information".

Part 6 – Further Information

QuestionNo.	Question	Answer
6.1	Further information relating to theconsolidation or split	N/A
	Please provide any further information relating to thisevent.

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Introduced 22/09/14; amended 29/06/15; amended 07/03/16; amended 01/12/19