COMPUTERSHARE LIMITED. — Board/Management Information 2003

Mar 13, 2003

MARKET ANNOUNCEMENT

Melbourne - 14 March, 2003

UK EXECUTIVE UPDATE

Computershare Limited announces that Dr Iain Saville CBE will step down by mutual agreement from his role as Managing Director – Europe and Africa with effect from today.

lain joined Computershare early last year to lead the re-organisation of Computershare's European and African businesses and to provide strategic leadership in relation to new products.

The first part of this challenge has now been substantially achieved, however, the sustained market downturn has severely limited the prospects for product development. Accordingly, lain is leaving to pursue his interests in infrastructure and policy questions in European markets. Computershare thanks lain for his contribution and wishes him every success in his future endeavours.

lain will remain a director of Computershare Limited, in a non-executive capacity, so that his strategic views and insight into European markets remains available to the group. An external search for a new Managing Director-Europe and Africa has begun, and Computershare senior executives will fulfil the responsibilities of the role until that appointment is made.

For further details please contact:

Dudley Chamberlain Head of Investor Relations Computershare Limited Tel: + 61 3 9235 5500 Mobile: +61 417 374 316

About Computershare Limited (CPU)

Computershare Limited is a leading financial services and technology provider for the global securities industry, providing services and solutions to listed companies, investors, employees, exchanges and other financial institutions. It is the largest and only global share registry, managing more than 68 million shareholder accounts for over 7,500 corporations in ten countries on five continents, and it provides sophisticated trading and surveillance technology to financial markets in fourteen countries across each major time zones. Founded in Australia in 1978 and headquartered in Melbourne, Computershare employs more than 5,000 people worldwide. For more information visit the company web site http://www.computershare.com