News: UWL Uniti Group Updates On Exclusivity Arrangements With HRL Morrison & Co

March 24 (Reuters) - Uniti Group Ltd (UWL) :

• UPDATE TO EXCLUSIVITY ARRANGEMENTS
• AGREED TO TERMINATE EXISTING EXCLUSIVITY DEED IT ENTERED INTO WITH HRL MORRISON & CO.
• NEW EXCLUSIVITY DEED IS ON SUBSTANTIALLY SAME TERMS AS EXISTING EXCLUSIVITY DEED
• ENTER INTO A NEW EXCLUSIVITY DEED WITH MORRISON & CO AND BROOKFIELD INFRASTRUCTURE GROUP
• BOARD IS ALSO CONSIDERING CONNECT CONSORTIUM INDICATIVE PROPOSAL IT RECEIVED YESTERDAY
• DISCUSSIONS CONTINUE TO BE NON-BINDING, PRELIMINARY, HIGHLY CONDITIONAL AND UNCERTAIN AS TO AN OUTCOME