ASX/Media Release

29 March 2017

Sale of Investment in Macquarie Telecom Group

Vocus Group Limited (ASX: VOC, ‘Vocus’) today announces that it has disposed of 3,358,511 shares representing ~16% relevant interest in the ordinary shares of Macquarie Telecom Group Limited (ASX: MAQ). The shares were held via a total return swap as described in the FY16 Vocus financial statements. Attached is the Form 605 Notice of ceasing to be a substantial holder.

ENDS

For further information please contact: Kelly Hibbins Investor Relations Debra Mansfield Corporate Communications P: +61 2 8316 9856 P: +61 3 9674 6569 M: +61 414 609 192 E: [email protected] E: [email protected]

About Vocus: (ASX: VOC) is a vertically integrated provider, operating in the Australian and New Zealand markets. The Company owns an extensive national infrastructure network of metro and back haul fibre connecting all capital cities and most regional centres across and New Zealand. Vocus infrastructure now connects directly to more than 5,500 buildings. Vocus owns a portfolio of brands catering to corporate, small business, government and residential customers across Australia and New Zealand. Vocus also operates in the wholesale market providing high performance, high availability and highly scalable communications solutions which allow service providers to quickly and easily deploy new services for their own customer base.

For more information please go to our website www.vocusgroup.com.au.

VOCUSGROUP.COM.AU

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme

ACN/ARSN

1. Details of substantial holder(1)

Name ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on / / The previous notice was given to the company on / / The previous notice was dated / /

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of Person whose Nature of Consideration Class (6) and Person's votes change relevant interest change (4) given in relation number of affected changed to change(5) securities affected

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

4. Addresses

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

Name Address

Signature

print name capacity

sign here date / / 605 page 2/2 15 July 2001

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

(2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(3) See the definition of "associate" in section 9 of the Corporations Act 2001.

(4) Include details of: (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

(5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(6) The voting shares of a company constitute one class unless divided into separate classes.

(7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. Annexure “A”

This is Annexure A of 5 pages (including this page) to ASIC Form 605 (Notice of ceasing to be a substantial holder) signed by me and dated ______2017

Signature

Print Name

Capacity

Date

Name of company Company Place of registration no. incorporation

1. 2Talk Limited 1870536 New Zealand

2. 2Talk Pty Ltd 161 656 499 Australia

3. aCure Technology Pty Ltd 103 327 340 Australia

4. Amcom Data Centres Pty Ltd 096 875 151 Australia

5. Amcom East Pty Ltd 163 712 785 Australia

6. Amcom IP Tel Pty Ltd 065 092 962 Australia

7. Amcom Pty Ltd 009 336 341 Australia

8. Amcom Telecommunications Australia Pty Ltd 062 046 217

9. Amnet Broadband Pty Ltd 092 472 350 Australia

10. ASC International Group Pty Australia Limited 162 547 364

11. Australia-Singapore Cable Australia (Australia) Pty Limited 160 240 933

12. Australia-Singapore Cable Bermuda International Limited 45325

13. Australia-Singapore Cable 201112449E Singapore (Singapore) Pte. Ltd

14. Blue Reach Limited 1718948 New Zealand

15. CallPlus Assets Limited 1271488 New Zealand

16. CallPlus Australia Holdings New Zealand Limited 1584275

17. CallPlus Holdings Limited 1265108 New Zealand

18. CallPlus Limited 801180 New Zealand

19. CallPlus Services Australia New Zealand Limited 1616398

20. CallPlus Services Limited 1271483 New Zealand

21. CallPlus Trustee Limited 1783620 New Zealand Name of company Company Place of registration no. incorporation

22. Club Telco Pty Ltd 144 488 620 Australia

23. Data Lock Limited 1768923 New Zealand

24. Dodo Australia Holdings Pty Ltd 159 200 727 Australia

25. Dodo Group Services Pty Ltd 159 202 730 Australia

26. Dodo Insurance Pty Ltd 158 710 457 Australia

27. Pty Ltd 158 289 331 Australia

28. Corporate Pty Ltd 154 634 054 Australia

29. Eftel Pty Ltd 073 238 178 Australia

30. Eftel Retail Pty Ltd 092 667 126 Australia

31. Eftel Wholesale Pty Ltd 123 409 058 Australia

32. Engin Pty Ltd 080 250 371 Australia

33. First Path Pty Ltd 145 209 383 Australia

34. Flip Services Limited 3752816 New Zealand

35. Global Networks AMC Data Australia Centre Pty Ltd 139 286 203

36. Hotkey Internet Services Pty Australia Ltd 075 759 821

37. Ipera Communications Pty Ltd 090 964 104 Australia

38. M2 Clear Pty Ltd 148 154 590 Australia

39. M2 Commander Pty Ltd 136 950 082 Australia

40. M2 Energy Pty Ltd 123 155 840 Australia

41. Franchising Pty Ltd 602 073 807 Australia

42. M2 Group NZ Limited 5673411 New Zealand

43. M2 Group Pty Ltd 091 575 021 Australia

44. M2 Loyalty Programs Pty Ltd 118 574 486 Australia

45. M2 NZ Limited 1750309 New Zealand Name of company Company Place of registration no. incorporation

46. M2 Telecommunications Pty Australia Ltd 090 251 424

47. M2 Wholesale Pty Ltd 119 220 843 Australia

48. M2 Wholesale Services Pty Ltd 071 659 348 Australia

49. Group Pty Australia Limited 162 547 337

50. Nextgen Networks Pty Limited 094 147 403 Australia

51. Nextgen Pure Data Pty Ltd 121 379 539 Australia

52. Nextgen Services Pty Limited 162 828 775 Australia

53. Nextgen Telecom (WA) Pty Ltd 103 173 440 Australia

54. Nextgen Telecom Pty Ltd 095 420 616 Australia

55. No Worries Online Pty Ltd 158 436 125 Australia

56. Orcon Limited 1008544 New Zealand

57. Pendo Industries Pty Ltd 137 825 015 Australia

58. Pty Ltd 009 273 152 Australia

59. People Telecommunications Australia Pty Ltd 091 714 699

60. Perth International Exchange Australia Pty Ltd 115 164 844

61. Primus Network (Australia) Pty Australia Ltd 109 142 216

62. Primus Telecom Holdings Pty Australia Ltd 111 352 277

63. Primus Telecom Pty Ltd 111 353 989 Australia

64. Primus Telecommunications Australia (Australia) Pty Ltd 061 754 943

65. Primus Telecommunications Australia Pty Ltd 071 191 396 Name of company Company Place of registration no. incorporation

66. Secureway Pty Ltd 140 781 022 Australia

67. Skiron FinCo Pty Limited 166 750 796 Australia

68. Skiron HoldCo Pty Limited 166 750 385 Australia

69. Skiron OpCo Pty Limited 166 751 784 Australia

70. Slingshot Communications New Zealand Limited 1789394

71. Southern Cross Telco Pty Ltd 066 034 400 Australia

72. Switch Utilities Limited 2237427 New Zealand

73. Switch Utilities Southern New Zealand Limited 5481722

74. Switch Utilities Wellington New Zealand Limited 4238418

75. Visage Telecom Pty Ltd 136 057 531 Australia

76. Vocus (New Zealand) Holdings New Zealand Limited 3820724

77. Vocus (New Zealand) Limited 1371006 New Zealand

78. Vocus Blue Pty Ltd 161 157 802 Australia

79. Vocus Connect Pty Ltd 130 366 237 Australia

80. Vocus Data Centres (New New Zealand Zealand) Limited 924295

81. Vocus Data Centres Pty Ltd 146 865 714 Australia

82. Vocus Fibre Pty Ltd 150 260 156 Australia

83. Vocus Group Holdings Pty Ltd 130 364 359 Australia

84. Vocus Holdings Pty Ltd 169 381 784 Australia

85. Vocus Pty Ltd 127 842 853 Australia

86. Wholesale Communications Australia Group Pty Ltd 109 626 011

Annexure “B”

This is Annexure B of 2 pages (including this page) to ASIC Form 605 (Notice of ceasing to be a substantial holder) signed by me and dated ______2017

Signature

Print Name

Capacity

Date

Date of Person whose Nature of Change Consider Class and Person’s change relevant ation number of votes interest given in securities affected changed relation affected to change

29 Vocus Pty Ltd Sale of Shares by A$12.20 3,358,511 3,358,511 March (ACN 127 842 Vocus Pty Ltd. per 2017* 853) ordinary share

29 Vocus Group These persons had a N/A 3,358,511 3,358,511 March Holdings Pty Ltd relevant interest in the 2017* (ACN 130 364 Shares by virtue of 359) and Vocus section 608(3) of the Group Limited Corporations Act 2001 (ACN 084 115 (Cth). The relevant 499) interest ceased following the sale of Shares in the Company by Vocus Pty Ltd.

29 Each Vocus To the extent a Vocus N/A 3,358,511 3,358,511 March Associate Associate had a 2017* relevant interest in the Shares by virtue of being an Associate within the meaning of section 12(2)(a), the relevant interest ceased following the sale of Shares in the Company by Vocus Pty Ltd.

* Reflects a trade date of 27 March 2017 with an anticipated settlement date of 29 March 2017