SPH Notice – Lazard Asset Management Pacific Co

Disclosure of ceasing to have substantial holding Section 279, 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 Limited Date this disclosure made: 20 April 2018 Date last disclosure made: 28 February 2018 Date on which substantial holding ceased: 18 April 2018 Substantial product holder(s) giving disclosure Full name(s): Lazard Asset Management Pacific Co and its related bodies corporate listed in Annexure A Summary of previous substantial holding Class of quoted voting products: Ordinary Shares in Sky Network Television Limited (SKT) Summary for Lazard Asset Management Pacific Co. For last disclosure,-- (a) total number held in class: 22,004,157 (b) total in class: 389,139,785 (c) total percentage held in class: 5.655% For current holding after ceasing to have substantial holding,-- (a) total number held in class: 19,267,166 (b) total in class: 389,139,785 (c) total percentage held in class: 4.951% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: See Annexure B. All on market trades. Additional information Address(es) of substantial product holder(s): Lazard Asset Management Pacific Co Level 39, Gateway Building, 1 Macquarie Place, Sydney NSW 2000 Australia Contact details: Apnavi Saddington +61 2 8274 1422 apnavi.saddington@lazard.com Nature of connection between substantial product holders: See Annexure A 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: Not applicable Certification I, Apnavi Saddington 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:00317060 For:SKT Type:SHINTR Time:2018-04-23 08:46:54