HANSEN TECHNOLOGIES LIMITED — Capital/Financing Update 2008

Jan 23, 2008

ASX ANNOUNCEMENT

24 January 2008

Managed services agreement signed with Tesco Mobile

Hansen Technologies Limited (ASX: HSN), announced that it has signed a managed services agreement with Tesco Mobile, the UK’s fastest growing mobile operator. The agreement is for the provision of a fully integrated and managed service, using Hansen’s expertise in facilities management and the proprietary HUB billing software as the foundation system. The agreement is for an initial term of 5 years, and represents revenue of approximately $7 million.

==> picture [127 x 143] intentionally omitted <==

“This agreement augments Hansen and Tesco Mobile’s existing relationship.” said Andrew Hansen, Managing Director of Hansen.

About Hansen Technologies (www.hsntech.com)

Hansen Technologies Limited is a leading provider of proprietary billing solutions and IT outsourcing services. Its flagship HUB billing software solutions have application across the Telecommunication, Electricity, Gas and Water industries. HUB is increasingly providing the solution for the needs of energy companies as the push towards market deregulation expands and into telecommunication companies as they pursue convergence and rationalisation. Hansen provides facilities management and outsourcing services from its purpose-built data centres located in Melbourne. Founded in 1971, Hansen has offices in Australia and the United Kingdom and supports solutions around the world.

For further information on this statement, contact:

Andrew Hansen Scott Weir Managing Director European COO Hansen Technologies Limited Hansen Technologies Limited (613) 9840 3000 (44) 20 8614 8700

ASX Announcement Managed services agreement signed with Tesco Mobile Page 1