1 Mainstream

Sky has acquired a $2m convertible debt security in 1 Mainstream, a Californian based early stage technology company. 1 Mainstream has built a platform which reduces the time and financial resource required to launch streaming video applications across a range of third party devices such as tablets, smart TV's, game consoles and internet-protocol streaming devices. In addition to the convertible debt security, Sky has concluded a commercial agreement with 1Mainstream covering use of their technology.

 Notes:

1) References to 1 Mainstream are to One Mainstream Inc.

2) Gross assets subject to this transaction were $2m

3) Profits attributable to the assets subject to this transaction were $nil