TRADE ME GROUP LIMITED (ASX:TME) SALE OF SHARES WITHOUT A DISCLOSURE DOCUMENT

TRADE ME GROUP LIMITED (ASX:TME) SALE OF SHARES WITHOUT A DISCLOSURE DOCUMENT

SYDNEY, 21 December 2012: We refer to the announcements to the market on 17 December 2012 in relation to the sell down by Fairfax Digital Holdings NZ Limited (“FDHNZ”), a subsidiary of Fairfax Media Limited, of its remaining 51% of the issued capital in Trade Me Group Limited (Trade Me).

For the purposes of section 708A(5) of the Corporations Act 2001 (Cth) as notionally modified by ASIC Class Order 08/25 (Act), Fairfax Digital Holdings NZ Limited (“FDHNZ”) gives notice under section 708A(5)(e) of the Act of the following details:

  1. On 21 December 2012, FDHNZ completed the sale of 201,960,000 fully paid ordinary shares (Sale Shares) of the issued capital of Trade Me Group Limited (Trade Me);
  2. FDHNZ sold the Sale Shares without disclosure to investors under Part 6D.2 of the Act;
  3. As at the date of this notice, Trade Me has complied with the provisions of Chapter 2M as they apply to Trade Me1 and Section 674 of the Act; and
  4. FDHNZ is not aware of any information that may be "excluded information" in respect of Trade Me for the purposes of sections 708(7) or (8) or the Act, as at the date of this notice.

– ENDS –

Contact:
Gail Hambly
Group General Counsel and Company Secretary
+61 2 9282 1674

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