CSL Ltd. — Share Issue/Capital Change 2008

Jan 7, 2008

CSL Limited 45 Poplar Road Parkville Victoria 3052 Australia T +613 9389 1911 F +613 9389 1434 www.csl.com.au

Fax

To: ASX Limited - Company Announcements Office Fax: 1900 999 279 Total Pages: 8

From: Edward Bailey Assistant Company Secretary $T$ +61 3 9389 1603 F: +61 3 9387 8454 edward.bailey@csl.com.au

8 January 2008

CSL Limited - Appendix 3B

Please see attached Appendix 3B for immediate release

Edward Bailey Assistant Company Secretary

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

CSL Limited

ABN

99 051 588 348

We CSL Limited give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\mathbf{1}$ ⁺Class of ⁺securities issued or to be issued

Ordinary Shares

$\overline{2}$ Number of ⁺securities issued or to 7,800 be issued (if known) or maximum number which may be issued

$\overline{3}$ Principal terms of the ⁺securities (eg. if options, exercise price and expiry date; if partly paid ⁺securities, the amount outstanding and due dates payment; if ⁺convertible for securities, the conversion price and dates for conversion)

Fully paid ordinary shares

• See chapter 19 for defined terms.

$\overline{4}$ Do the ⁺securities rank equally in all Yes. respects from the date of allotment with an existing ⁺class of quoted +securities?

If the additional securities do not rank equally, please state;

• the date from which they do $\bullet$ the extent to which they participate for the next dividend, (in the case of a trust,
• distribution) or interest payment the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

5 Issue price or consideration

6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)

• $\overline{7}$ Dates of entering +securities into uncertificated holdings or despatch of certificates
• 8 Number and ⁺class of all ⁺securit quoted on ASX (including securities in clause 2 if applicable'

Nil Issued to employees under the Performance Rights Plan (PRP) upon exercise of rights granted.

The PRP was adopted at the 2003 Annual General Meeting.

8 January 2008	ï

	Number	+ Class
the	ties 550,317,310	Ordinary Shares

⁺ See chapter 19 for defined terms.

$\overline{9}$ Number and +class of all *securities not quoted on ASX (including the securities in clause 2 if applicable)

Number	+ Class
424,040	Options to subscribe for ordinary shares issued under the CSL's employee share ownership plans (SESOP I and II).
2,475,390	Performance Rights granted under the PRP.
2,014,680	Performance Options under granted the PRP.

10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

The present divided policy will be maintained on the enlarged issued capital created by this issue.

Part 2 - Bonus issue or pro rata issue

$11$ $Is$ security holder approval Not applicable required? 12 Is the issue renounceable or non-Not applicable renounceable? Ratio in which the *securities will $\sqrt{\text{Not}}$ applicable 13 be offered $14$ ⁺Class of ⁺securities to which the Not applicable offer relates +Record 15 date determine | Not applicable to entitlements 16 Will holdings on different registers Not applicable (or subregisters) be aggregated for calculating entitlements? Policy for deciding entitlements in 17 Not applicable relation to fractions

Appendix 3B Page 3

⁺ See chapter 19 for defined terms.

18	Names of countries in which the entity has + security holders who will not issue be sent new documents	Not applicable
	Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7.
19	of Closing date receipt for acceptances or renunciations	Not applicable
20	Names of any underwriters	Not applicable
21	Amount of any underwriting fee or commission	Not applicable
22	Names of any brokers to the issue	Not applicable
23	Fee or commission payable to the broker to the issue	Not applicable
24	Amount of any handling fee payable to brokers who lodge acceptances behalf of renunciations on or +security holders	Not applicable
$25 -$	If the issue is contingent on *security holders' approval, the date of the meeting	Not applicable
26	Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled	Not applicable
27	If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders	Not applicable
28	Date rights trading will begin (if applicable)	Not applicable
29	Date rights trading will end (if applicable)	Not applicable

l,

$+$ See chapter 19 for defined terms.

$1/1/2003$

31 How do ⁺security holders sell part of their entitlements through a broker and accept for the balance?

32 How do ⁺security holders dispose of their entitlements (except by sale through a broker)?

Not applicable

Not applicable

33 *Despatch date

Not applicable

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• 34 Type of securities (tick one)
• $(a)$ ∇

$(b)$

Securities described in Part 1

All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

				Tick to indicate you are providing the information or
documents

35

36

If the 'securities are 'equity securities, the names of the 20 largest holders of the additional *securities, and the number and percentage of additional *securities held by those holders

If the ⁺securities are ⁺equity securities, a distribution schedule of the additional *securities setting out the number of holders in the categories $1 - 1,000$

$1,001 - 5,000$ $5,001 - 10,000$ $10,001 - 100,000$ 100,001 and over

37

A copy of any trust deed for the additional +securities

⁺ See chapter 19 for defined terms.

$\ddot{\phantom{a}}$

Appendix 3B
New issue announcement

	Entities that have ticked box 34(b)
38	Number of securities for which + quotation is sought	Not applicable
39	which Class of +securities for quotation is sought	Not applicable
40	Do the + securities rank equally in all respects from the date of allotment with an existing + class of quoted *securities? If the additional securities do not rank equally, please state: the date from which they do the extent which to they ٠ participate for the next dividend, of the $\sin$ case a trust. distribution) or interest payment the extent to which they do not ٠ rank equally, other than in relation to the next dividend, distribution or interest payment	Not applicable
41	Reason for request for quotation now Example. In the case of restricted securities, end of restriction period	Not applicable
	(if issued upon conversion οť another security, clearly identify that other security)
42	Number and + class of all + securities quoted on ASX (including the securities in clause 38)	Number Not applicable	$^+\mathrm{Class}$ Not applicable

$1/1/2003$

$+$ See chapter 19 for defined terms.

Quotation agreement

$\mathbf{1}$

• *Quotation of our additional *securities is in ASX's absolute discretion. ASX may quote the ⁺securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.
• The issue of the 'securities to be quoted complies with the law and is not for an illegal purpose.
• There is no reason why those 'securities should not be granted 'quotation.
• An offer of the ⁺securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any *securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the *securities be quoted.
• $\overline{\mathbf{3}}$ We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• $\overline{4}$ We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before + quotation of the ⁺securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

.. Date: $8$ January 2008

Sign here:

Asst Company Secretary

Print name:

Edward Bailey

24/10/2005 Appendix 3B Page 7

⁺ See chapter 19 for defined terms.