29 June 2017

Interim Broadcasting Licence Fee Relief.

Ten Network Holdings Limited (ASX: TEN) ("TEN" or "the Company") welcomes the announcement by the Federal Government yesterday that it will abolish licence fees payable by Australian commercial free-to-air television and radio broadcasters for the 2016- 17 financial year.

As TEN noted in a statement to the ASX on 14 June 2017, the reduction in licence costs for the Company in the 2017 financial year will be in the order of $22 million.

For more information, please contact:

Neil Shoebridge

Director of Corporate and Public Communications P: (02) 9650 1575. M: 0417 511 012.

E: nshoebridge@networkten.com.au

@Ten_Corporate

Ten Network Holdings Limited published this content on 29 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 June 2017 03:54:05 UTC.

Original documenthttps://images.tenplay.com.au/~/media/Corporate Site Media/Files/Media Releases/2017/TEN Statement On Interim Broadcasting Licence Fee Relief.pdf

Public permalinkhttp://www.publicnow.com/view/174154BA837871653C5AB1F1309857B3567D2EFC