Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

ToCompany

GTN LIMITED

Name/Scheme

ACN/ARSN

606 841 801

1. Details of substantial holder (1)

Name

TELSTRA SUPER PTY LTD AS TRUSTEE FOR TELSTRA SUPERANNUATION

SCHEME (TELSTRA SUPER)

ACN/ARSN (if applicable)

007 422 522

The holder became a substantial holder

11/11/2020

on

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)

Number of securities

Person's votes (5)

Voting power (6)

ORDINARY SHARES

11,431,570

5.31%

5.31%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest

Nature of relevant interest (7)

Class and number of securities

TELSTRA SUPER PTY LTD

ORDINARY SHARES

11,431,570

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant

Registered holder of

Person entitled to be

Class and number of securities

interest

securities

registered as holder (8)

TELSTRA SUPER PTY

JP MORGAN NOMIMNEES

ORDINARY SHARES

LTD

11,431,570

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant

Date of acquisition

Consideration (9)

Class and number of securities

interest

Cash

Non-cash

SEE ATTACHED

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)

Nature of association

N/A

7. Addresses

The addresses of persons named in this form are as follows:

Name

Address

TELSTRA SUPER PTY LTD

LEVEL 10, 130 LONSDALE STREET, MELBOURNE, VIC

Signature

print name

ANDREW SCIFO

capacity COMPLIANCE

sign here

date

13/11/2020

Trade

Trade Date

Settlement

Security Name

Units

Price Per Share

Description

Date

OS-PUR

19-Aug-2020

21-Aug-2020

GTN LTD COMMON STOCK

34,637

0.348833

OS-PUR

19-Aug-2020

21-Aug-2020

GTN LTD COMMON STOCK

29,962

0.371188

OS-PUR

24-Aug-2020

26-Aug-2020

GTN LTD COMMON STOCK

519,556

0.370000

OS-PUR

24-Aug-2020

26-Aug-2020

GTN LTD COMMON STOCK

6,758

0.380000

OS-PUR

26-Aug-2020

28-Aug-2020

GTN LTD COMMON STOCK

77,453

0.370000

OS-PUR

27-Aug-2020

31-Aug-2020

GTN LTD COMMON STOCK

64,495

0.407989

OS-PUR

15-Oct-2020

19-Oct-2020

GTN LTD COMMON STOCK

1,645,575

0.365000

OS-PUR

22-Sep-2020

24-Sep-2020

GTN LTD COMMON STOCK

207,982

0.330000

OS-PUR

13-Oct-2020

15-Oct-2020

GTN LTD COMMON STOCK

113,502

0.350000

OS-PUR

11-Nov-2020

13-Nov-2020

GTN LTD COMMON STOCK

970,164

0.430000

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GTN Limited published this content on 13 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 November 2020 00:16:04 UTC