Sky Network Television Limited logo

Stay granted in relation to proposed merger

M&A22 February 2017SKTCommunication Services

SKY TV
PO Box 9059

Newmarket

Auckland 1149

New Zealand


10 Panorama Road

Mt Wellington

Auckland 1060

New Zealand


T. +64 9 579 9999


sky.co.nz

skybusiness.co.nz


22 February 2017


Market Information Services Section

NZX Limited

PO Box 2959

Wellington


Company Announcements Office

ASX Limited

Level 4, 20 Bridge Street

Sydney, NSW

Australia


Stay granted in relation to proposed merger


The High Court has today granted a stay on the effect of the pending decision of the New

Zealand Commerce Commission (NZCC) on the clearance applications of SKY and Vodafone

for the proposed merger of the SKY and Vodafone New Zealand businesses.


The stay was granted at a hearing held today in respect of the proceedings filed on Monday

20 February 2017 on behalf of 2degrees, Spark and InternetNZ and is until midnight on the

third day after the NZCC has delivered the reasons for its decision.


SKY is now considering the implications of the High Court's decision to grant a stay and has

requested a trading halt.



For further information please contact:


Jason Hollingworth

Chief Financial Officer

SKY Network Television

(09) 579 9999

021 312 928

jhollingworth@skytv.co.nz


Kirsty Way

Director of Corporate Communication

SKY Network Television

021422794

kway@skytv.co.nz

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