SPH Notice – Harris Associates L.P.

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both Sections 277 and 278, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX and To SKY NETWORK TELEVISION LTD Relevant event being disclosed: Acquisition of shares resulting in the position increasing by 1% Date of relevant event: March 02, 2018 Date this disclosure made: March 05, 2018 Date last disclosure made: March 29, 2017 Substantial product holder(s) giving disclosure Full name(s): Harris Associates L.P. Summary of substantial holding Class of quoted voting products: Ordinary Shares, SKT Summary for Harris Associates L.P. For this disclosure,-- (a) total number held in class: 27,990,800 (b) total in class: 389,139,785 (c) total percentage held in class: 7.19% For last disclosure,-- (a) total number held in class: 23,714,100 (b) total in class: 389,139,785 (c) total percentage held in class: 6.09% Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: Acquisition of shares resulting in the position increasing by 1% (See Annexure A) Details after relevant event Details for Harris Associates L.P. Nature of relevant interest(s): Harris Associates L.P., an investment advisor, holds these shares in several accounts on behalf of the beneficial owners For that relevant interest,-- (a) number held in class: 27,990,800 (b) percentage held in class: 7.19% (c) current registered holder(s): Harris Associates L.P., an investment advisor, holds these shares in several accounts on behalf of the beneficial owners (d) registered holder(s) once transfers are registered: n/a For a derivative relevant interest, also-- (a) type of derivative: n/a (b) details of derivative: n/a (c) parties to the derivative: n/a (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: n/a Additional information Address(es) of substantial product holder(s): 111 S. Wacker Drive, Suite 4600, Chicago, IL 60606 USA Contact details: Sarah Eng, 312-646-3320, seng@harrisassoc.com * Nature of connection between substantial product holders: Harris Associates L.P., an investment advisor, holds these shares in several accounts on behalf of the beneficial owners Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: N/A Certification I, Sarah Eng, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Annexure A - Attached End CA:00315116 For:SKT Type:SHINTR Time:2018-03-06 08:31:37