SPH Notice – Allan Gray Group

Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To New Zealand Stock Exchange, Australian Stock Exchange and Sky Network Television Limited Date this disclosure made: 7 March 2018 Date on which substantial holding began: 6 March 2018 Substantial product holder(s) giving disclosure Full name(s): Allan Gray Australia Pty Ltd (Allan Gray Australia) and its related bodies corporate as set out in Table 1 of Annexure A (together Allan Gray Group), as investment manager for the funds or investment mandates listed at Table 2 of Annexure A. Summary of substantial holding Class of quoted voting products: Ordinary Shares Summary for Allan Gray Group For this disclosure,-- (a) total number held in class: 20,668,915 (b) total in class: 389,139,785 (c) total percentage held in class: 5.311% Details of relevant interests Details for Details for Allan Gray Australia Pty Ltd (Allan Gray Australia) and its related bodies corporate as set out in Table 1 of Annexure A (together Allan Gray Group), as investment manager for the funds or investment mandates listed at Table 2 of Annexure A Nature of relevant interest(s): as investment manager for the funds or investment mandates listed at Table 2 of Annexure A and Annexure B For that relevant interest,-- (a) number held in class: 20,668,915 (b) percentage held in class: 5.311% (c) current registered holder(s): As set out in Table 1 of Annexure A (d) registered holder(s) once transfers are registered: See Annexure B Details of transactions and events giving rise to substantial holding Details of the transactions or other events requiring disclosure: See Annexure B - Trades on market unless otherwise specified Additional information Address(es) of substantial product holder(s): C/- Allan Gray Australia, Level 2 Challis House, 4 Martin Place Sydney, NSW 2000, Australia Contact details: Eugene Tan, Company Secretary, telephone: +61 2 8224 8627, email: eugene.tan@orbis.com Certification I, Eugene Tan, Company Secretary, Allan Gray Australia 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. End CA:00315218 For:SKT Type:SHINTR Time:2018-03-08 08:30:23