Form 8.5 (EPT/RI) Sky Plc - Amendment

(a) Name of exempt principal trader:

Deutsche Bank AG London

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Sky Plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Twenty-First Century Fox, Inc

(d) Date dealing undertaken:

29/06/2017

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

If it is a cash offer or possible cash offer, state "N/A"

N/A

Class of relevant security

Purchases/ sales

Total number of securities

Highest price per unit paid/received GBP

Lowest price per unit paid/received GBP

50p ordinary

Purchase

702,176

9.98

9.535

50p ordinary

Sales

522,753

9.925

9.58

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

50p ordinary

SWAP

LONG

939

9.9175

50p ordinary

SWAP

LONG

2,000

9.78951

50p ordinary

SWAP

LONG

2,952

9.87

50p ordinary

SWAP

LONG

2,959

9.954157

50p ordinary

SWAP

LONG

4,947

9.742207

50p ordinary

SWAP

LONG

5,552

9.874789

50p ordinary

SWAP

LONG

6,165

9.87479

50p ordinary

SWAP

LONG

6,886

9.959254

50p ordinary

SWAP

LONG

8,028

9.721317

50p ordinary

SWAP

LONG

10,037

9.87479

50p ordinary

SWAP

LONG

10,721

9.76451

50p ordinary

SWAP

LONG

11,155

9.959253

50p ordinary

SWAP

LONG

12,390

9.87479

50p ordinary

SWAP

LONG

13,190

9.649011

50p ordinary

SWAP

LONG

15,516

9.837721

50p ordinary

SWAP

LONG

16,560

9.621286

50p ordinary

SWAP

LONG

17,102

9.837721

50p ordinary

SWAP

LONG

18,275

9.628804

50p ordinary

SWAP

LONG

27,439

9.837721

50p ordinary

SWAP

LONG

34,813

9.837721

50p ordinary

SWAP

LONG

82,027

9.837721

50p ordinary

SWAP

SHORT

10

9.95199

50p ordinary

SWAP

SHORT

10

9.95199

50p ordinary

SWAP

SHORT

12

9.95199

50p ordinary

SWAP

SHORT

13

9.95199

50p ordinary

SWAP

SHORT

29

9.770345

50p ordinary

SWAP

SHORT

40

9.899649

50p ordinary

SWAP

SHORT

49

9.819318

50p ordinary

SWAP

SHORT

58

9.880177

50p ordinary

SWAP

SHORT

68

9.806936

50p ordinary

SWAP

SHORT

69

9.866697

50p ordinary

SWAP

SHORT

82

9.9175

50p ordinary

SWAP

SHORT

97

9.876643

50p ordinary

SWAP

SHORT

99

9.769629

50p ordinary

SWAP

SHORT

110

9.785043

50p ordinary

SWAP

SHORT

110

9.813321

50p ordinary

SWAP

SHORT

112

9.874072

50p ordinary

SWAP

SHORT

130

9.809169

50p ordinary

SWAP

SHORT

134

9.884967

50p ordinary

SWAP

SHORT

146

9.852696

50p ordinary

SWAP

SHORT

157

9.8107

50p ordinary

SWAP

SHORT

209

9.881774

50p ordinary

SWAP

SHORT

212

9.892657

50p ordinary

SWAP

SHORT

215

9.842679

50p ordinary

SWAP

SHORT

243

9.865333

50p ordinary

SWAP

SHORT

244

9.9175

50p ordinary

SWAP

SHORT

269

9.880236

50p ordinary

SWAP

SHORT

279

9.878316

50p ordinary

SWAP

SHORT

288

9.9175

50p ordinary

SWAP

SHORT

325

9.9175

50p ordinary

SWAP

SHORT

341

9.788407

50p ordinary

SWAP

SHORT

342

9.803333

50p ordinary

SWAP

SHORT

345

9.878463

50p ordinary

SWAP

SHORT

375

9.871264

50p ordinary

SWAP

SHORT

378

9.863021

50p ordinary

SWAP

SHORT

378

9.83369

50p ordinary

SWAP

SHORT

413

9.887057

50p ordinary

SWAP

SHORT

419

9.868362

50p ordinary

SWAP

SHORT

429

9.76711

50p ordinary

SWAP

SHORT

449

9.792048

50p ordinary

SWAP

SHORT

496

9.768026

50p ordinary

SWAP

SHORT

504

9.775673

50p ordinary

SWAP

SHORT

509

9.884395

50p ordinary

SWAP

SHORT

528

9.884185

50p ordinary

SWAP

SHORT

566

9.885082

50p ordinary

SWAP

SHORT

623

9.892012

50p ordinary

SWAP

SHORT

760

9.870962

50p ordinary

SWAP

SHORT

874

9.82839

50p ordinary

SWAP

SHORT

942

9.833786

50p ordinary

SWAP

SHORT

1,030

9.877495

50p ordinary

SWAP

SHORT

1,044

9.876025

50p ordinary

SWAP

SHORT

1,058

9.882959

50p ordinary

SWAP

SHORT

1,095

9.878197

50p ordinary

SWAP

SHORT

1,183

9.878425

50p ordinary

SWAP

SHORT

1,227

9.872575

50p ordinary

SWAP

SHORT

1,434

9.864292

50p ordinary

SWAP

SHORT

1,459

9.862038

50p ordinary

SWAP

SHORT

1,705

9.869059

50p ordinary

SWAP

SHORT

2,026

9.885966

50p ordinary

SWAP

SHORT

2,041

9.877322

50p ordinary

SWAP

SHORT

2,128

9.892087

50p ordinary

SWAP

SHORT

2,204

9.892082

50p ordinary

SWAP

SHORT

2,485

9.892142

50p ordinary

SWAP

SHORT

2,516

9.865353

50p ordinary

SWAP

SHORT

3,771

9.894821

50p ordinary

SWAP

SHORT

4,185

9.89482

50p ordinary

SWAP

SHORT

5,391

9.828327

50p ordinary

SWAP

SHORT

5,751

9.857117

50p ordinary

SWAP

SHORT

5,972

9.836433

50p ordinary

SWAP

SHORT

6,816

9.89482

50p ordinary

SWAP

SHORT

7,541

9.962421

50p ordinary

SWAP

SHORT

8,373

9.962422

50p ordinary

SWAP

SHORT

8,413

9.89482

50p ordinary

SWAP

SHORT

8,981

9.868558

50p ordinary

SWAP

SHORT

9,214

9.864817

50p ordinary

SWAP

SHORT

10,575

9.868632

50p ordinary

SWAP

SHORT

13,631

9.962421

50p ordinary

SWAP

SHORT

16,827

9.962421

50p ordinary

SWAP

SHORT

22,519

9.845129

50p ordinary

SWAP

SHORT

88,641

9.913147

Class of relevant security

Product description

e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/received per unit

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

NONE