COMPUTERSHARE LIMITED. — Annual Report 2006

Dec 12, 2006

Computershare

Corporate

Computershere Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Australia Facsimile 61 3 9473 2500 Canada www.computershare.com Channel Islands

MARKET ANNOUNCEMENT

Wednesday, 13 December 2006

Adoption of US dollars as the Computershare Group Presentation Currency

Computershare Limited (ASX:CPU) has today announced that it will adopt US dollars as the presentation (reported) currency for financial statements for the financial year beginning 1 July 2006 and beyond. The change has been introduced as a result of the increasing contribution of the US businesses to the consolidated results of the Group.

The Group's first reported results in US dollars will be for the six months to 31 December 2006. This result will be released on 14 February 2007.

Attached are the Consolidated Income Statement, Balance Sheet and Cash Flow Statement for Financial Year 2006, restated in US dollars. This reporting change has no impact on the underlying business or the associated cash flows of the Group.

Ordinary share dividends will still be declared in Australian dollars (AUD).

For Investor Relations contact:

Mr Darren Murphy Head of Treasury and Investor Relations Computershare Limited +61-3-9415-5102 darren.murphy@computershare.com.au

About Computershare Limited (CPU)

Computershare (ASX:CPU) is a global leader in share registration, employee equity plans, proxy solicitation and other specialised financial and communication services. Many of the world's largest companies employ our innovative solutions to maximise the value of their relationships with investors. employees, customers and members.

Computershare has approximately 10,000 employees across the world and serves 14,000 corporations and 100 million shareholders and employee accounts in 17 countries across five continents.

For more information, visit www.computershare.com

Germany Hong Kong India Ireland New Zealand Philippines Russia Singapore South Africa United Kingdom USA

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 2006

	Consolidated
	2006
	USD
	\$000
Revenues from continuing operations
Sales revenue	1,198,310
Other revenue	7,710
Total revenue from continuing operations	1,206,020
Other income	16,902
Expenses
Direct services	889,237
Technology services	93,659
Corporate services	34,422
Finance costs	27,644
Total expenses	1,044,962
Share of net profit/(loss) of associates and joint ventures accounted for using the equity method	3,167
Profit/(loss) before related income tax expense	181,127
Income tax expense/(benefit)	40,976
Profit/(loss) for the period	140,151
(Profit)/loss attributable to minority interests	(3,779)
Profit/(loss) attributable to members of the parent entity	136,372
Basic earnings per share (cents per share)	22.88
Diluted earnings per share (cents per share)	22.85
Management basic earnings per share (cents per share)	22.74

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES BALANCE SHEET AS AT 30 JUNE 2006

	Consolidated 2006 USD \$000
CURRENT ASSETS
Cash and cash equivalents	72,801
Receivables	205,843
Available-for-sale financial assets at fair value	720
Other financial assets	21,093
Inventories	7,110
Current tax assets	1,478
Derivative financial instruments	394
Other current assets	17,345
Assets of disposal group held for sale	11,691
Total Current Assets	338,475
NON-CURRENT ASSETS
Receivables	5,578
Investments accounted for using the equity method Available-for-sale financial assets at fair value	8,900
Property, plant & equipment	2,264 74,321
Deferred tax assets	60,077
Derivative financial instruments	1,362
Intangibles	1,111,310
Other	506
Total Non-Current Assets	1,264,318
Total Assets	1,602,793
CURRENT LIABILITIES
Payables Interest bearing liabilities	209,300 2,617
Current tax liabilities	10,242
Provisions	20,261
Derivative financial instruments	1,185
Deferred consideration	22,015
Total Current Liabilities	265,620
NON-CURRENT LIABILITIES
Payables	5,813
Interest bearing liabilities	473,903
Deferred tax liabilities	16,649
Provisions	64,744
Derivative financial instruments	28,800
Deferred consideration	39,797
Other	7,599
Total Non-Current Liabilities	637,305
Total Liabilities	902,925
Net Assets	699,868
EQUITY
Parent Entity Interest
Contributed equity - ordinary shares	418,419
Reserves	23,475
Retained profits	251,125
Total parent entity interest	693,019
Minority interest	6,849
Total Equity	699,868

This should be read in conjunction with the Market Announcement released on 13 December 2006 by Computershare Limited (CPU).

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2006

	Consolidated 2006 USD \$000
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers (inclusive of GST)	1,196,536
Payments to suppliers and employees (inclusive of GST)	(963, 688)
Dividends received	35
Interest paid and other costs of finance	(28, 285)
Interest received	5,751
Income taxes (paid)/refunded	(26, 725)
Net operating cash flows	183,624
CASH FLOWS FROM INVESTING ACTIVITIES
Payments for purchase of controlled entities and businesses, net of cash
acquired	(139, 285)
Payments for investment in associated entities and joint ventures	(616)
Proceeds from sale of investments	3,060
Payments for investments	(444)
Payments for property, plant and equipment	(24, 967)
Net loan repayments from controlled entities Proceeds from sale of assets
	3,358
Proceeds from sale of controlled entities, net of cash disposed Other	9,931
	(976)
Net investing cash flows	(149, 939)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issues of ordinary shares	18,172
Payments for purchase of ordinary shares	(6,276)
Proceeds from borrowings	124,826
Repayment of borrowings	(161, 818)
Dividends paid - ordinary shares	(53, 437)
Dividends paid to outside equity interest in
controlled entity	(2,671)
Proceeds from finance leases	2,213
Repayment of finance leases	(3,924)
Net financing cash flows	(82, 915)
Net increase/(decrease) in cash and cash equivalents held	(49,230)
Cash and cash equivalents at the beginning of the financial year	119,744
Exchange rate variations on foreign cash balances	2,287
Cash and cash equivalents at the end of the financial year	72,801