Seven : Completion of Nexus Energy Deed of Company Arrangement

Completion of Nexus Energy deed of company arrangement

31 December 2014 - Seven Group Holdings Limited (SGH) has been advised today by the administrator of Nexus Energy Limited (ASX:NXS) (subject to deed of company arrangement) (NXS) that on the completion of the deed of company arrangement pursuant to the orders of Black J in the Supreme Court of NSW on 24
December 2014, NXS has become a subsidiary of SGH. A copy of the administrator's release for NXS is
attached.

About Seven Group Holdings:

SGH is a leading Australian diversified operating and investment group with market leading businesses in industrial services and media. In industrial services, WesTrac Group is the sole authorised Caterpillar dealer in Western Australia, New South Wales and the Australian Capital Territory in Australia, and in North Eastern China territories. WesTrac Group is one of Caterpillar's top five dealers globally (by sales value). SGH also
owns AllightSykes, a supplier of lighting towers, generators and pumps, and has a 45 per cent shareholding in Coates Hire, Australia's largest equipment hire business. In media, SGH has a 35.3 per cent shareholding (and additional convertible interest) in Seven West Media, Australia's largest multiple platform media
company, including Seven Network, West Australian Newspapers, Pacific Magazines and Yahoo!7.

Media Inquiries: Seven Group Holdings

Richard Richards
[phone]

Seven Group Holdings Limited | ABN 46 142 003 469

38-42 Pirrama Road | Pyrmont NSW 2009 Australia | Postal Address: PO Box 777 | Pyrmont NSW 2009 Australia

Telephone [phone] | Facsimile [phone]

31 December 2014

ASX ANNOUNCEMENT Nexus Energy Limited (Subject to Deed of Company Arrangement) (ASX: NXS) (Nexus)

Further to the Deed Administrators' announcement on 24 December 2014, we provide the following update:

DOCA - Effectuated and deed administration terminated

The deed of company arrangement executed on 22 August 2014 (DOCA) has been effectuated today and the deed administration of Nexus has consequently terminated in accordance with the DOCA terms. Day to day management and control of Nexus has now reverted to its directors.

All of the issued shares in Nexus have been transferred to SGH Energy (No 2) Pty Ltd (Share Transfer) as provided under clause 7.5 of the DOCA.

The share register of Nexus has been updated to reflect the Share Transfer. New holding statements on a post transfer basis will be sent to each former security holder on 5 January 2015.

Board changes

The composition of the Nexus board of directors has changed as follows with immediate effect:

 the resignations of Mr Symon Drake-Brockman and Mr John Hartwell as non-executive directors;

and

 the appointment of Mr Richard Richards as a non-executive director.

Media inquiries to Nicholas Owens, Director, Sefiani Communications Group, ph. [phone], mobile [phone], email [e-mail].