TABCORP HOLDINGS LIMITED — M&A Activity 2017

Sep 21, 2017

M E D I A R E L E A S E

22 September 2017

GAMBLING REGULATORY AUTHORITY APPROVALS OBTAINED FOR PROPOSED COMBINATION WITH TATTS

All gambling regulatory authority approvals obtained

Tabcorp Holdings Limited ( Tabcorp ) is pleased to announce that it has obtained all necessary preimplementation approvals of the relevant State and Territory gambling regulatory authorities in relation to the proposed combination of Tabcorp and Tatts Group Limited ( Tatts ) ( Transaction ).

Tabcorp has engaged with the various gambling regulatory authorities over the past ten months, in order to satisfy the requisite requirements and secure the relevant approvals in order to implement the Transaction. The necessary pre-implementation notifications have been provided and the probity assessments for the proposed combined group, as well as its subsidiaries, directors, officers and ‘associates’ have been completed.

Obtaining these gambling regulatory authority approvals means that the condition precedent in clause 3.1(a)(2) of the Merger Implementation Deed between Tabcorp and Tatts has now been satisfied.

ASX grants conditional approval for quotation of new Tabcorp shares

Additionally, the Australian Securities Exchange has notified Tabcorp that it has granted approval (subject to compliance with customary conditions) for official quotation of the new Tabcorp shares to be issued pursuant to the Tatts Scheme of Arrangement. This conditional approval satisfies the condition precedent contained in clause 3.1(d) of the Merger Implementation Deed.

For more information: Media: Rick Wallace, Media Relations Manager, +61 3 9868 2630 Financial analysts: Sacha Krien, GM Investor Relations, +61 3 9868 2794

tabcorp.com.au

Tabcorp Holdings Ltd

ABN 66 063 780 709