COMPUTERSHARE LIMITED. — M&A Activity 2008

Mar 25, 2008

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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:	Wednesday, 26th March 2008
To:	Australian Securities Exchange
Subject:	Computershare achieves 90% ownership of QM Technologies and intends toproceed with compulsoryacquisition

Computershare Communication Services Limited ( Computershare ) advises that at the time of this announcement it has a relevant interest in 92.36% of the ordinary shares of QM Technologies Limited ( QMT ) and confirms that the minimum acceptance condition set out in section 8.7(a) of its Bidder’s Statement dated 20 February 2008 has been satisfied.

Computershare intends to waive all remaining conditions of its $3.40 cash offer for QMT on or before Wednesday, 2 April 2008 (assuming that there are no circumstances prior to this date that trigger any of those conditions).

Computershare also intends to proceed with compulsory acquisition of the remaining ordinary QMT shares under Part 6A.1 of the Corporations Act 2001 (Cth) as soon as the Offer closes. Computershare's Offer will close at 7.00pm (Melbourne time) on Wednesday, 9 April 2008. Computershare will not extend this closing date.

For those QMT shareholders who have not yet accepted Computershare's Offer, they are urged to do so as soon as possible and no later than 7.00pm (Melbourne time) on Wednesday, 9 April 2008. To accept Computershare's Offer, remaining QMT shareholders should sign and return the Acceptance Form sent to them at the commencement of the Offer. Fresh Acceptance Forms have also recently been sent to QMT shareholders.

Shareholders who do not accept Computershare's Offer before 9 April 2008 will have their shares acquired pursuant to the compulsory acquisition process under Part 6A.1 of the Corporations Act. Those shareholders will only receive payment for their shares at the end of that process. This will result in payment being received later than would be the case if the Offer is accepted before the closing date of 9 April 2008.

Computershare reserves the right, for the purposes of section 611 of the Corporations Act and Market Rule 20.3.1, to make further acquisitions of QMT shares from time to time, on-market and at any price that Computershare considers appropriate, but having regard to Computershare's statements set out in the Bidder’s Statement.[1]

If QMT shareholders have any questions in relation to Computershare’s Offer, they should call the Computershare Offer Information Line on 1300 798 295 (for callers within Australia) or +61 3 9415 4612 (for callers outside Australia) or go to www.cpuqmtoffer.com.au.

For further information contact:

Mr Dominic Horsley Company Secretary Ph: +61-3-9415-5162 Email: dominic.horsley@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 approximately 10,000 employees across the world and serves 14,000 corporations and 100 million shareholders and employee accounts in 17 countries across five continents.

For more information, visit www.computershare.com

Note:

1. Computershare’s offer price of $3.40 per QMT share is final, in the absence of a competing proposal. A competing proposal is any alternative or competing proposal for control of, or for the acquisition of a substantial interest in, QMT (or all or part of the business, or any significant assets, of QMT) being made, publicly announced, or publicly foreshadowed or contemplated by any person