HANSEN TECHNOLOGIES LIMITED — AGM Information 2003

Oct 12, 2003

13 October 2003

The Manager

Company Announcements Office Australian Stock Exchange

Hänsen Technologies Limited
ABN 90 090 996 455

2 Prederick St P.O. Box 6127 Doncaster 3108 Victoria Austratia Telephone + 61 3 9840 3000 Pacsimile + 61 3 9840 3099

info@bsattech.com

www.hsntech.com

Hansen Technologies Limited (ASX CODE: HSN) re :

Please find attached a copy of the Notice of Meeting, Explanatory Notes and Proxy Form in relation to the Hansen Technologies Limited AGM to be held on Wednesday 12 November 2003 at 11am at 2 Frederick Street, Doncaster, Victoria.

Yours faithfully Hansen Technologies Limited

Marci W Var

Marie Turner Company Secretary

Hansen Technologies Lynsen
ABN 90-090-996-455

2 Frederick St. P.O. Box 6127 Doncaster 3108 Victoria Australia Telephone + 61 3 9840 3000 Facsimile + 61 3 9840 3099

info@hsntech.com

www.hshlech.com

Dear Shareholder,

On behalf of the Board of Hansen Technologies Limited, I have pleasure in inviting you to our Annual General Meeting to be held on Wednesday 12 November 2003 at 11am at 2 Frederick Street, Doncaster, Victoria.

The Notice of Meeting, Explanatory Notes and Proxy Form are all enclosed on the following pages.

Registration will commence at 10.30am and is essential for admittance to the meeting. If you are attending the meeting, please bring this letter with you to assist in registering.

If you are unable to attend the meeting and would like to vote, you are entitled to appoint a proxy. This is not compulsory, however, I encourage you to do so by completing the attached Proxy Form and returning it to ASX Perpetual Registrars in the enclosed return addressed envelope or by facsimile. ASX Perpetual Registrars must receive the completed Proxy Form by 11am on Monday 10 November 2003, or the proxy will be deemed invalid.

I look forward to seeing you at the meeting.

Yours sincerely

$A$ anon

Kenneth Hansen Chairman Hansen Technologies Limited 8 October 2003

HANSEN TECHNOLGIES LIMTED ABN 90 090 996 455

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Annual General Meeting of Hansen Technologies Limited will be held at 2 Frederick St, Doncaster, Victoria 3108 on Wednesday 12 November 2003 at 11 am.

BUSINESS

A. Accounts and reports:

To table the financial report of the Company and its controlled entities and the related reports of the directors and auditors for the year ended 30 June 2003 and to provide members with the opportunity to raise any issues or ask any questions generally of the Directors.

B Resolutions:

1. Re-election of Mr Bruce Adams:

To consider and, if thought fit, pass the following resolution as an ordinary resolution: 'That Mr Bruce Adams, a Director retiring by rotation in accordance with the Company's Constitution and being eligible and having signified his candidature for Office, be and is hereby re-elected a Director of the Company'.

$2.$ Removal of Auditor:

To consider and, if thought fit, pass the following resolution as an ordinary resolution: 'That KPMG be removed from the office of auditor of the Company.'

3. Appointment of Auditor:

To consider and, if thought fit, pass the following resolution as a special resolution: 'That Pitcher Partners be appointed as auditor of the Company.'

By Order of the Board

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Marie Turner Company Secretary 8 October 2003

EXPLANATORY NOTES

Resolution 1 - Election of Mr Bruce Adams

Rule 16 of the Constitution requires one third of directors (except for the Managing Director) to retire each year (by rotation). Mr Bruce Adams retires this year in accordance with this Rule and is permitted to seek re-election. Personal particulars for Mr Adams are set out in the Board of Directors information included in the Annual Report.

Resolutions 2 & 3 - Removal of Auditor and Appointment of New Auditor

Based on the responses received by the Company to an informal tender for the provision of audit services to the Company, the Directors have formed the view that the Company's current auditor, KPMG, should be replaced with a new auditor, Pitcher Partners.

In accordance with Section 329 of the Corporations Act 2001, Andrew Alexander Hansen has given the Company a notice of intention requesting that the Company convene a general meeting to consider and, if thought fit, pass the resolution that KPMG be removed as auditor of the Company.

Resolution 2 deals with the proposed removal of KPMG as auditor. It is an ordinary resolution.

Andrew Alexander Hansen has nominated Pitcher Partners as auditor of the Company. Pitcher Partners is eligible and has provided its written consent to act as auditor if appointed. Pursuant to Section 328(3) of the Corporations Act 2001. a copy of Mr Hansen's nomination is

Resolution 3 deals with the proposed appointment of Pitcher Partners as the Company's new auditor. This resolution needs to be passed by a majority of not less than three-quarters of such members of the Company as, being entitled so to do, vote in person or by proxy.

CENERAL NOTES

Entitlement to Vote

The Company has determined in accordance with Part 7.11 of the Corporations Regulations that for the purpose of voting at the meeting, shares will be taken to be held by those persons recorded in the Company's register as at 7pm AEST, Monday 10 November 2003.

Corporate Representatives

For a corporate representative to vote, they will require a Certificate of Appointment of Corporate Representative executed in accordance with the Corporations Act.

Votina

On a show of hands, every member present in person or by Proxy or by attorney or, in the case of a corporation, by a duly appointed representative, shall have one vote and on a poll one vote for every share held provided that if a member appoints two proxies or two attorneys, neither proxy or attorney shall be entitled to vote on a show of hands.

Proxies

A member entitled to attend and vote at the Annual General Meeting may appoint one or two persons to attend and vote at the meeting as the member's proxy. If you wish to appoint a second proxy you will need to complete a second form. ASX Perpetual Registrars Limited will provide additional proxy forms upon request.

A Proxy need not be a member. If two proxies are appointed, each proxy must be appointed to represent a specified proportion of the member's voting rights. If the vote split is not specified, it is deemed to be equally divided between the two proxies.

The Proxy Form must be deposited at the Share Registry of the Company, ASX Perpetual Registrars Limited, located at Level 4, 333 Collins Street, Melbourne, or by facsimile to ASX Perpetual Registrars Limited on (03) 9615 9744, by no later than 11am AEST. Monday 10 November 2003. The Proxy Form must be signed by the member or an attorney duly authorised in writing. If the member is a company, the form must be executed under seal of the company or by its duly authorised officer or attorney. Where two or more persons are registered as members, each person must sign the Proxy Form.

APPOINTMENT OF PROXY

If you propose to attend and vote at the Annual General Meeting, please
bring this form with you. This will assist in registering your attendance.

All Registry communications to: C/- ASX Perpetual Registrars Limited Level 4, 333 Collins Street, Melbourne, Vic. 3000 GPO Box 1736, Melbourne, Vic. 3001 Telephone: 1300 554 474 $(03)$ 9615 9947 Facsimile: (03) 9615 9900 ASX Code: HSN Email: registrars@asxperpetual.com.au Website: www.asxperpetual.com.au

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SAM SAMPLE 99 SAMPLE STREET SAMPLEVILLE VIC 3000

I/We being a member(s) of Hansen Technologies Limited and entitled to attend and vote hereby appoint

the Chairma of the Meeti (mark box)

ina

OR Write here the name of the person (excluding the registered securityholder) you are appointing if this person is
someone other than the Chairman of the Meeting

or failing the person named, or if no person is named, the Chairman of the Meeting, as my/our proxy to act generally at the meeting on my/our
behalf and to vote in accordance with the following instructions (or if no direc later than 48 hours before the meeting.

Should you desire to direct your proxy how to vote on any resolution please insert $\vert X \vert$ in the appropriate box below.

ORDINARY BUSINESS

• 1. Re-election of Mr Bruce Adams
• 1. Removal of Auditor

• Appointment of Auditor

Abstain' For Against

FOLD

FOLD

A

If the Chairman of the meeting is to be your proxy, you should be aware that he intends to vote undirected proxies in favour of all items of business.

* If you mark the Abstain box for a particular ftem, you are directing your proxy not to vote on your behalf on a show of hands or on a poll and your votes will not be counted in computing the required majority on a poll.

Sole Director and Sole Company Secretary

Director/Company Secretary (Delete one)

Director

This form must be signed by the securityholder. If a joint holding, either securityholder may sign. If signed by the securityholder's attorney, the power of attorney must have been previously noted by the registry or a certified copy attached to this form. If executed by a company, the form must be executed in accordance with the securityholder's constitution and the Corporations Act 2001 (Cwlth).

ASX Perpetual Registrars Limited advises that Chapter 2C of the Corporations Act 2001 requires information about you as a securityholder (including your name, address and details of the securities you hold) to be included in the public register of the entity in which you hold securities. This information must continue to be included in the public register if you cease to be a securityholder. These statutory obligations are not altered by the Privacy Amendment (Private Sector) Act 2000. Information is collected to administer your security holding and if some or all of the information is not collected then it might not be possible to administer your security holding. Our privacy policy is available on our website (www.asxperpetual.com.au).

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