NZME Half Year Results to 30 June 2018

NZME Limited Results for announcement to the market Reporting Period 6 months to 30 June 2018 Previous Reporting Period 6 months to 30 June 2017 Amount (000s) Percentage change Revenue from ordinary activities $NZ 189,094 -0.8% Profit (loss) from ordinary activities after tax attributable to security holder $NZ 3,657 -52.9% Net profit (loss) attributable to security holders $NZ 3,657 -52.9% Final Dividend Amount per security Imputed amount per security NZ 2 cents NZ 0.7778 cents i A supplementary dividend of NZ 0.3529 cents per security will be payable to shareholders who are not tax resident in New Zealand and who hold less than 10% of the shares in NZME Limited. Record Date 16 October 2018 Dividend Payment Date 26 October 2018 Comments: A brief For the 6 months to 30 June 2018, NZME Limited's reported profit from ordinary activities after tax was NZ$3.7 million compared to a profit of NZ$7.8 million in the comparative period. The net profit after tax for the 6 months to 30 June 2018 of NZ$ 3.7 million is down 52.9% from the net profit after tax for the 6 months to 30 June 2017 of $7.8 million. Net assets per share as at 30 June 2018 was NZ$ 1.43 compared to NZ$ 1.44 as at 30 June 2017. Net tangible assets per share as at 30 June 2018 was NZ$ (0.23) compared to NZ$ (0.26) as at 30 June 2017. Refer to the attached unaudited Consolidated Interim Financial Statements for the six months ended 30 June 2018 for NZME Limited and its subsidiaries and the Results Presentation for a more detailed analysis and explanation. End CA:00322632 For:NZM Type:HALFYR Time:2018-08-23 08:31:45