Ann: Investor Update Presentation & Confirmation of FY18 Guidance, page-6

So this is why we have seen the increase in share price...

On 23rd August Vocus announced a review of non-core Australian assets for potential divestment options
- Since announcement of the assets review, further inbound approaches have been received on assets
across the entire Vocus portfolio
- The Board has now determined that the Vocus New Zealand (VNZ) business will be prepared for sale
- Finalising appointment of advisors
- Targeting sale completion by end of FY18
- The Board has also progressed its review of the non-core Australian assets:
- Advisors appointed to the sale of the Australian Data Centre assets
- Other non-core Australian assets will continue to be evaluated with regard to potential divestment or
closure
- Net cash proceeds from proposed divestments will materially reduce Group debt levels, leverage ratio and
provide strategic optionality