Executive and Staff Share Trading Policy

All Seven Network staff are required to comply with the insider trading restrictions on share dealings under the Corporations Act 2001. Seven Network Shares referred to in this policy are:

• Seven Network ordinary shares;
• TELYS3 shares;
• options or other financial products issued over these classes of Seven Network Shares by third parties, or associated products;
• other financial products that operate to limit the economic risk of holding Seven Network Shares.

This policy applies to all Seven Network Executives and designated staff, who often have access to confidential and price-sensitive information.

Seven Network Executives and other designated staff are permitted to deal in Seven Network shares only as follows:

1. If the dealing is not prohibited by the Corporations Act; and
2. During the following “window” periods:

Outside the above window periods if written approval is given by the Commercial Director or his delegate. Approval will only be given where there is no price sensitive information which is not generally available to the market/public. Such approval must be obtained not less than 2 business days before the trade.

This also applies to dealings by any associate of the Executive and designated staff members.