Transition to the Financial Markets Conduct Act 2013

Sky Network Television Limited (SKY) confirms that with effect from 1 December 2016 it transitioned to the Financial Markets Conduct Act 2013 (FMCA) regime, in connection with the conclusion of the transitional period following the introduction of the FMCA. As required by the FMCA, all shareholders will be sent a notice in the form attached. Ends. For further information please contact: Jason Hollingworth Chief Financial Officer Sky Network Television Limited (09) 579 9999 021 312 928 jhollingworth@skytv.co.nz End CA:00297463 For:SKT Type:GENERAL Time:2017-02-27 12:12:44