Despatch notice pursuant to Rule 45 of the Takeovers Code

9 March 2017 TeamTalk Limited Level 3, 20 Kent Terrace Wellington New Zealand By email DESPATCH NOTICE PURSUANT TO RULE 45 OF THE TAKEOVERS CODE On 7 February 2017, Spark New Zealand Trading Limited gave notice of its intention to make a full takeover offer to acquire all of the fully paid ordinary shares on issue in TeamTalk Limited ("Offer"). Spark New Zealand Trading Limited hereby gives notice pursuant to Rule 45(1)(a)(i) of the Takeovers Code that the offer document ("Offer Document") in respect of the Offer has been sent to TeamTalk Limited's shareholders in accordance with Rule 43(1) of the Takeovers Code. Pursuant to Rule 45(1)(a)(ii) of the Takeovers Code, a copy of the Offer Document is attached to this notice. Yours faithfully Spark New Zealand Trading Limited David Chalmers Director Spark New Zealand Trading Limited cc The Takeovers Panel Level 3, Solnet House 70 The Terrace PO Box 1171 Wellington 6011 By email: takeovers.panel@takeovers.govt.nz cc NZX Limited Level 1, NZX Centre 11 Cable Street Wellington By email: announce@nzx.com cc Registrar of Companies Level 18, ASB Centre 135 Albert Street Auckland 1010 By hand End CA:00298000 For:SPK Type:TAKEOVER Time:2017-03-09 08:30:10