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Investor Presentaiton

only For personal use EXECUTIVE SUMMARY 2018 has been a year of transition and investment ✓ Prior year asset disposals have impacted short term earnings - resulting in stronger financial stability Investment in core operations delivered higher revenue growth in H2 Invested for the future in creating new revenue streams: Podcasting Live Experiences Nine Network extended partnership ✓ Forecast return to growth in FY19 - after cycling over earnings impact of divestments - stronger revenue momentum with greater visibility and lead times SOUTHERN CROSS AUSTEREO 4 absolutely engaging

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