SKY Network Television : 22.02.17 Appendix 4D – ASX Release December 2016

Appendix 4D Release to ASX under rule 4.2A Half Year Information for Sky Network Television Limited for the six months to 31 December 2016 To be read in conjunction with Sky Network Television Limited financial statements for the year ended 30 June 2016 CONTENTS

Results for announcement to the market

Results commentary

Consolidated interim financial statements

Independent review opinion

Directors declaration

Other information

Results for announcement to market SKY Network Television Limited Half year ended on 31 December 2016 (In NZD)

Total operating revenues of $458,183,000 has decreased $17,371,000 from the prior half year, which is a 3.7% decrease.

Net profit of $59,459,000 has decreased $27,878,000 from the prior half year, which is a 31.9% decrease.

Net profit attributable to security holders of $59,300,000 has decreased $27,792,000 from the prior half year, which is a 31.9% decrease.

Dividends	Amount per security	Franked amount per Security
Interim Dividend payable (22 February 2017) Final Dividend (paid September 2016)	15.0 cents 15.0 cents	N/A N/A
Previous corresponding period - Interim Dividend (paid March 2016)	15.0 cents	N/A
Previous corresponding period - Final Dividend (paid September 2015)	15.0 cents	N/A
Record date for determining entitlements to the dividend	15 February 2017

Brief explanation of any figures reported above, refer attached results commentary.

22 February 2017

Client Market Services NZX Limited [e-mail]

Market Announcements Office ASX Limited

Level 4, 20 Bridge Street Sydney, NSW

Australia

SKY TV

PO Box 9059

Newmarket Auckland 1149 New Zealand

10 Panorama Road Mt Wellington Auckland 1060 New Zealand

T. [phone]

sky.co.nz skybusiness.co.nz

Confirmation of Guidance

SKY Network Television Limited (SKY) confirms the Guidance provided on 14 December 2016 that EBITDA will be 5% to 7% below the $296 million forecast for the year ended 30 June 2017 included in the Explanatory Memorandum dated 13 June 2016.

End.

For further information, please contact:

Jason Hollingworth Chief Financial Officer SKY Network Television [phone]

021 312 928

[e-mail]

SKY NETWORK TELEVISION LIMITED

INTERIM REPORT DECEMBER 2016