COMPUTERSHARE LIMITED. — Capital/Financing Update 2006

Mar 1, 2006

MARKET ANNOUNCEMENT

2 March 2006

COMPUTERSHARE ADDS TO CORE BUSINESS IN NORTH AMERICA

Computershare Limited (ASX:CPU) announced it has acquired the transfer agent operations of Sun Trust Banks, Inc in Atlanta, In a separate transaction, Computershare has reached agreement to acquire the share ownership management services of National Bank Trust. Montreal, Consideration is payable in cash for both acquisitions and is less than A\$20 million in total. Revenue for the two businesses is less than A\$15 million. The acquisitions will be EPS accretive in the first year and meet Computershare's internal return quidelines.

In the Canadian transaction, Computershare will acquire the transfer agent and employee plan administration businesses and a portion of the corporate trust services business of National Bank Trust. The transaction is expected to close by the end of April 2006.

Under the US transaction, which closed yesterday, Computershare acquired the stock transfer business serving approximately 170 issuers, including Sun Trust Bank itself.

Computershare expect to transition the Canadian and US businesses to its systems over a period of several months, with both Transfer Agent client migrations to be completed this calendar year.

"The Canadian acquisition will complement our service offering in the important Quebec region whilst our presence in the south-eastern United States will be bolstered through the Sun Trust acquisition." said Chris Morris, CEO of Computershare. "These two deals are further evidence of a consolidation of service providers in key markets, and Computershare's unique offering makes us the logical choice in the market," he added.

For further details please contact: Mr Darren Murphy Head of Treasury & Investor Relations Tel + 61 3 9415 5102

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 90 million shareholders and employee accounts in 21 countries across five continents. For more information, visit www.computershare.com