SKY and Vodafone NZ merger to create a leading integrated telecommunications and media group in New Zealand

Sky Network Television Limited (“SKY”) (NZX: SKT; ASX: SKT) and Vodafone Group Plc (“Vodafone Group”) (LON: VOD, NASDAQ: VOD) today announced that they have reached an agreement to create a leading integrated telecommunications and media group in New Zealand, via a combination of SKY and Vodafone New Zealand Limited (“Vodafone NZ”) (together the “Combined Group”).