COMPUTERSHARE LIMITED. — M&A Activity 2006

Jan 5, 2006

MARKET ANNOUNCEMENT

6 January 2006

COMPUTERSHARE TO ACQUIRE SLS GROUP

Computershare Limited (ASX:CPU) today announced the acquisition of SLS Group, a leading provider of Annual General Meeting (AGM) services in Germany for cash consideration of approx. A\$24m (8 14.85m). The transaction is expected to be EPS positive in fiscal 2006.

Based in Schwabhausen, near Munich, SLS has become a leading provider of AGM services to German companies in the 26 years since its founding. Key clients include Deutsche Post, Deutsche Telekom, Lufthansa, Daimler Chrysler, Allianz and Eon, and SLS also delivers AGM services to other key DAX and M-DAX companies.

SLS has developed a wide range of products and services for the AGM market, offering clients innovations such as Attendance & Voting-Procedures (from paper to wireless). Q&A back-officesystems and Internet Proxy Voting-Services. Managing Director Hans Schirdewahn says of its current market position: 'SLS is at the forefront of AGM provision in Germany, with innovative, expertly delivered technology and services. We are delighted to become part of the Computershare group and to offer our customers the benefits of being part of a dynamic global organisation.'

Chris Morris, Computershare CEO, considers Germany a key market for the company: 'Germany has always been a priority for Computershare, and we have grown our presence in the country significantly over the last 12 months. The acquisition of SLS Group fits very well with Computershare's core competencies and is a big positive for our customers in Germany and throughout Europe.'

With the acquisition of the SLS Group, Computershare will deliver approximately 400 AGMs per year in Germany, Austria and Switzerland, Coupled with the recent acquisition in the UK of IML. Europe's leading provider of interactive meetings technology, Computershare is in a position to be an important player in the European AGM market.

For further details please contact:

Tom Honan Chief Financial Officer Tel + 61 3 9415 5060

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