Notice of proceedings relating to proposed merger

Notice of proceedings relating to proposed merger SKY and Vodafone have received copies of proceedings filed on behalf of 2degrees, Spark and InternetNZ seeking interim orders from the courts to stay the effect of any decision on the clearance applications of SKY and Vodafone for the proposed merger, in the event that the New Zealand Commerce Commission gives its clearance. The stay is sought for a period of 36 hours (in addition to any non-working day period) after receipt of the full reasons for the decision. A hearing time for these proceedings has been set down for Wednesday 22 February 2017 at 10:00a.m. As previously advised, SKY does not consider that there is any proper basis for seeking an interim stay and SKY intends to oppose any such application and seek an undertaking as to damages. For further information please contact: Jason Hollingworth Chief Financial Officer SKY Network Television (09) 579 9999 021 312 928 jhollingworth@skytv.co.nz Kirsty Way Director of Corporate Communication SKY Network Television 021422794 kway@skytv.co.nz End CA:00297049 For:SKT Type:MERGER Time:2017-02-20 12:50:49