COMPUTERSHARE LIMITED. — M&A Activity 2003

Dec 11, 2003

MARKET ANNOUNCEMENT

12 December, 2003

COMPUTERSHARE COMPLETES ACQUISITION OF GEORGESON SHAREHOLDER COMMUNICATIONS (GSC)

Computershare Ltd (ASX:CPU) announced today that, having fulfilled all conditions to closing, including obtaining regulatory consent and GSC shareholder approval, it has closed the previously announced purchase of Georgeson Shareholder Communications, Inc.

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 (ASX: CPU) 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 transfer agent, managing more than 68 million shareholder accounts for over 7,500 corporations in ten countries on five continents. It also provides sophisticated trading technology to financial markets in fourteen countries across each major time zone. Additional information may be found at www.computershare.com.

About Georgeson Shareholder Communications

Georgeson Shareholder is the world's oldest and most highly regarded security holder solicitation and response firm. Originally founded as a brokerage, GS turned to security holder solicitation after the enactment of the United States Securities Exchange Act of 1934, and quickly established itself as the pre-eminent firm in its field. Since then, GS has advised companies on more proxy solicitations, tender/exchange offers and other security holder response transactions than any other firm in the world.

In 1999, Georgeson & Company Inc. merged with Shareholder Communications Corporation, a firm that has dominated the field of individual/retail security holder communications for the past 30 years. The new firm, Georgeson Shareholder Communications Inc., combines the unique strengths of its predecessor firms to provide "one-stop shopping" for most of the security holder response services public companies require. GS annually represents over 3,500 corporations and mutual funds worldwide. and has a wealth of experience and established relationships at its disposal. No other security holder response firm can offer the resources or the broad range of services that GS offers to its clients. For more information, visit the Georgeson Shareholder Web site at www.georgesonshareholder.com.