24 February Market Announcements Office ASX Limited 20 Bridge Street Sydney NSW Electronic Lodgement via ASX Online

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1 24 February 2017 Market Announcements Office Electronic Lodgement via ASX Online (MYO) - Sell down by Bain Capital The Company has been informed that Bain Capital Abacus Holdings, L.P. ( Bain Capital ) has today sold 100,000,000 ordinary shares in the capital of the Company. As a consequence, the remaining holding of Bain Capital is 237,151,360 ordinary shares in the capital of the Company, representing approximately 39.1% of the issued share capital of the Company. Under the terms of the Relationship Deed (as defined and referred to in the prospectus dated 14 April 2015 issued by the Company), as Bain Capital continues to hold at least 20% of the issued share capital of the Company, they retain the right to nominate 2 directors to the board of the Company. Ian Boylan Company Secretary L\

2 Bain Capital Investors, LLC 200 Clarendon Street Boston, MA T: F: February 2017 Justin Milne Chairman Level 3, 235 Springvale Road Glen Waverley VIC 3150 Tim Reed CEO Level 3, 235 Springvale Road Glen Waverley VIC 3150 Dear Justin and Tim, Reduction of shareholding in (MYOB). We are writing to inform you that Bain Capital Abacus Holdings L.P. (the Bain Shareholder) has sold 100,000,000 of its shares in MYOB today via an underwritten block trade. The Bain Shareholder's shareholding in MYOB on completion of the sale will be approximately 39.1%. Pursuant to the Relationship Deed between the Bain Capital Partners, LLC and MYOB, Bain retains the right to appoint 2 Directors to the MYOB Board. The remainder of the Bain Shareholder's shares in MYOB will be escrowed for 90 days following settlement of the block trade on the terms set out in the Block Trade Agreement. Bain Capital remains strong supporters of MYOB and looks forward to continuing its relationship with MYOB. A change of substantial shareholder notice will be lodged in due course. Yours sincerely Edward J Han Managing Director

3 24 February 2017 Market Announcements Office Electronic Lodgement via ASX Online (MYO) - Notice under section 708A(5)(e): off-market controller sale We refer to the announcement to the market on 24 February 2017 in relation to the sell-down by Bain Capital Abacus Holdings, L.P. ( Bain Capital ) of 100,000,000 of their shares in the Company (Controller Sale). This notice is given by the Company under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) as modified by Australian Securities and Investments Corporations (Sale Offers By Controllers) Instrument 2016/81. The Company advises: (a) (b) Bain Capital, the controller of the Company at the date of the Controller Sale, sold the relevant securities in the Company without disclosure to investors under Part 6D.2 of the Act; as at the date of this notice, the Company has complied with: (i) (ii) the provisions of Chapter 2M of the Act as they apply to the Company; and section 674 of the Act; and (c) the Company is not aware of any information that may be "excluded information" for the purposes of section 708A(7) or (8) of the Act, as at the date of this notice. Ian Boylan Company Secretary L\

4 Bain Capital Investors, LLC 200 Clarendon Street Boston, MA T: F: The Manager Company Announcements Office Level 4, Exchange Centre 24 February 2017 Dear Sir/Madam (ASX: MYO): Sale offers within 12 months after controller sales For the purposes of section 708A(5) and (6) of the Corporations Act 2001 (Cth) (Act), as modified by ASIC Corporations (Sale Offers By Controllers) Instrument 2016/81, Bain Capital Abacus Holding LP (Vendor) gives notice under section 708A(5)(e) of the Act of the following details: (a) (b) (c) (d) on 24 February 2017, the Vendor executed the sale of 100,000,000 fully paid ordinary shares (Sale Shares) in the issued capital of (MYO) to a range of institutional and sophisticated investors; the Vendor, as a controller of MYO for the purposes of the Act at the date of the sale, sold the Sale Shares without disclosure to investors under Part 6D.2 of the Act; as far as the Vendor is aware, as at the date of this notice, MYO has complied with the provisions of Chapter 2M as they apply to MYO and section 674 of the Act; and the Vendor is not aware of any information that may be "excluded information" for the purposes of sections 708A(7) or (8) of the Act, as at the date of this notice. Issued by (execution pages follow)

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