COMPUTERSHARE LIMITED. — M&A Activity 2009

Mar 15, 2009

==> picture [119 x 23] intentionally omitted <==

Computershare Limited

MARKET ANNOUNCEMENT

ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile 61 3 9473 2500 www.computershare.com

Date:	Monday, 16thMarch 2009
To:	Australian Securities Exchange
Subject:	Computershare to acquire Kurtzman Carson Consultants LLC

Computershare Limited (ASX:CPU) today announces that it has agreed to acquire Kurtzman Carson Consultants LLC (KCC), subject to US regulatory approval. The initial consideration is USD 85 million and 2.45 million fully paid ordinary CPU shares payable on closing. Additional consideration totalling up to USD 24 million in cash and 2.9 million CPU shares (or cash equivalent) may be payable, subject to earnings uplift targets being met over the next 3 years.

The business generated operating EBITDA of approximately USD 19 million in calendar year 2008. KCC is expected to have a positive but not material impact on Computershare’s management earnings per share in FY09.

KCC is a leading claims and noticing agent. It provides administrative support services and technology solutions to companies undergoing corporate restructuring or chapter 11 bankruptcy proceedings. The company’s business and processes are closely aligned with Computershare’s core competencies. The KCC purchase complements the earlier acquisition in October 2007 of Administar Services Group LLC and will allow Computershare to realize synergies across several business lines. The KCC acquisition will considerably strengthen Computershare’s position in the claims and noticing agent market place.

In announcing the acquisition, Computershare CEO Stuart Crosby said “we are thrilled to be able to join forces with KCC, which has built an enviable position in the bankruptcy administration sector. Obviously, the counter-cyclical nature of the business is attractive, but the client base and the quality of KCC’s management and processes are the things that really excite us.”

KCC Co-founder and CEO Eric Kurtzman said “This marks a significant turning point at KCC. It represents the culmination of our vision to bring higher standards to the claims and noticing market and diversify KCC into a BPO (business process outsourcing) provider to the broader legal and financial services market. Computershare offers major resources and experience that will enable KCC to maximize its opportunities and provide a significant contribution to Computershare for years to come.”

For further information contact:

Mr Darren Murphy Head of Treasury and Investor Relations Ph +61-3-9415-5102 darren.murphy@computershare.com.au

About Computershare Limited

Computershare ( ASX:CPU ) is a global leader in share registration, employee equity plans, proxy solicitation and other specialised financial, governance 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 over 11,000 employees across the world and serves 17,000 corporations and 100 million shareholder and employee accounts in 17 countries across five continents.

For more information, visit www.computershare.com

About Kurtzman Carson Consultants (KCC)

Founded in 2001 by former restructuring attorneys Eric Kurtzman and Jonathan Carson, KCC created a higher standard for its industry by focusing on clients' needs from the perspective of professionals. The only claims and noticing agent established by corporate restructuring attorneys, KCC provides professionallevel client service, industry expertise and innovative technology solutions to streamline the Chapter 11 restructuring process. As a result, KCC has earned national and industry recognition for its leadership, innovative business model, and company growth. For more information, visit www.kccllc.com