COMPUTERSHARE LIMITED. — M&A Activity 2003

Jun 29, 2003

MARKET ANNOUNCEMENT

Melbourne - 30 June, 2003

COMPUTERSHARE ACQUIRES FURTHER U.S. SHARE REGISTRY BUSINESS

Computershare Limited (ASX: CPU) announced today its acquisition of USA-based Fifth Third Bancoro's ("Fifth Third") stock transfer business.

The business currently supplies registry and employee plan services to 80 issuers and over 180,000 shareholders and plan participants, including the management of the register and employee share plans for Fifth Third itself.

"Computershare is a proven player in shareholder services and is committed to growing their presence in the United States," said Andrew Hauck, Senior Vice President of Fifth Third Bank. "This agreement ensures our customers will continue to receive superior service and allows us to refine our focus on our core businesses of Retail and Commercial Banking, Investment Advisory and Electronic Payment Processing.".

Computershare is expecting to migrate all records from the bank's third party record keeping system to the SCRIP platform by 31^st August 2003.

Chris Morris, Computershare's President and Chief Executive Officer said, "We are very pleased with the outcome of this acquisition. Both costs and logistics of conversion are expected to be minor because of our recent experience in converting the Harris Bank stock transfer book of business from the same third party technology platform that Fifth Third has been using. Computershare continues to expand in the key US market, and this is a terrific deal for us and Fifth Third."

Steven Rothbloom, President of Computershare's North American businesses added: "We've established a great relationship with Fifth Third during this deal, and we're excited to have this opportunity to work with them and their clients."

Computershare will absorb the business into its Chicago and Cleveland offices and, as a consequence, there will be no transfer of staff from Fifth Third's share registration or employee plans businesses.

For further details please contact:

In Australia

Paul Tobin Chief Legal Officer & Company Secretary Computershare Limited +61 2 8234 5209

In the U.S.

Juli Bark Director of Marketing Computershare Investor Services LLC +1 312 588 4993

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