No appeal of Stuff merger decision

NZX/ASX RELEASE

24 October 2018


No appeal of Stuff merger decision
AUCKLAND, 24 October 2018: NZME Limited (NZX:NZM) (“NZME”) will not appeal the Court
of Appeal’s adverse decision in relation to the proposed merger of NZME and Fairfax Media
Limited's (ASX:FXJ) New Zealand subsidiary Stuff Limited. This brings the merger process to
a conclusion.
NZME continues to focus on its strategic and operational priorities to enhance shareholder
value, which include:
 Growing audience and engagement;
 Returning advertising revenue to growth;
 Developing talent and people to create outstanding content;
 Maximising the efficiency of operations; and
 Growing new revenue streams including the OneRoof platform and paid digital
subscriptions on nzherald.co.nz.


– ENDS –


For further information:
Alexa Preston
Head of Investor Relations & Corporate Finance
M: +64 21 997 902
Email: Alexa.Preston@nzme.co.nz

About NZME
NZME is a leading New Zealand media and entertainment business that reaches more than
3.2 million kiwis
1
. Whether reading, listening or watching, our audience gets the content they
want - where and when they want it. NZME offers advertisers a unique opportunity to access
its growing audience via a fully integrated multi-platform presence. NZME is listed on the NZX
Main Board (code NZM) with a foreign exempt listing on the ASX (code NZM).
www.nzme.co.nz


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Nielsen CMI Fused: Q3 17 to Q2 18 (population 10+ years)