Ten Network : Request For Removal From The Official List

GPO Box 2523

Sydney NSW 2001

Chifley Tower

Level 5, 2 Chifley Square

Sydney NSW 2000

+61 2 8257 3000

info@kordamentha.com

ASX Limited

ASX Customer Services Exchange Centre

Level 4, 20 Bridge Street

Sydney NSW 2000

15 November 2017

Dear Sir/Madam

TEN has applied to ASX under Listing Rule 17.11 to remove TEN from the official list of ASX subject to, and effective following, the transfer of all shares in TEN to CBS under the Deed of Company Arrangement dated 19 September 2017 between Ten and certain other parties (DOCA).

The DOCA provides for the transfer of all of the shares in TEN to CBS International Television Australia Pty Limited or its nominee, subject to the Court granting leave to the Deed Administrators pursuant to section 444GA of the Corporations Act to transfer the shares in TEN pursuant to the DOCA. CBS Network Ten BV has been nominated as the proposed transferee of those shares.

On 10 November 2017, the Supreme Court of New South Wales delivered judgement to granting leave, and completion of the DOCA will occur shortly.

TEN seeks to be removed from the official list because the effect of completion of the share transfer is that there will be no quoted securities in Ten, and TEN will become a wholly-owned subsidiary of CBS Network Ten BV. In these circumstances, there are no consequential implications for Ten or its security holders.

Ends.

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