SPH Notice – Harris Associates Investment Trust

Disclosure of beginning to have substantial holding Section 276, 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 Date this disclosure made: 17 July 2018 Date on which substantial holding began: 16 May 2018 Substantial product holder(s) giving disclosure Full name(s): Harris Associates Investment Trust Summary of substantial holding Class of quoted voting products: Ordinary shares, SKT Summary for Harris Associates Investment Trust For this disclosure,-- (a) total number held in class: 19,851,800 [as at 16 May 2018] (b) total in class: 389,139,785 [as at 16 May 2018] (c) total percentage held in class: 5.101% [as at 16 May 2018] Details of relevant interests Details for Harris Associates Investment Trust Nature of relevant interest(s): As at 16 May 2018, the Harris Associates Investment Trust owns 19,851,800 ordinary shares in SKT, which form part of the investments of the Oakmark Funds (a series of Funds within the Trust) that Harris Associates L.P. sponsors. For that relevant interest,-- (a) number held in class: 19,851,800 [as at 16 May 2018] (b) percentage held in class: 5.101% [as at 16 May 2018] (c) current registered holder(s): Harris Associates Investment Trust (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 Details of transactions and events giving rise to substantial holding As at 16 January 2018, the Harris Associates Investment Trust was the owner of 18,520,700 (4.759%) ordinary shares in SKT. During the period 17 January 2018 to 16 May 2018, the Harris Associates Investment Trust acquired additional shares in SKT on market as set out in Annexure A Additional information Address(es) of substantial product holder(s): 111 S. Wacker Drive, Suite 4600, Chicago, IL 60606 USA Contact details: Sarah Eng, 1-312-646-3320, seng@harrisassoc.com * Nature of connection between substantial product holders: n/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: Harris Associates L.P. 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. End CA:00320937 For:SKT Type:SHINTR Time:2018-07-17 10:56:26