Computershare And Deutsche Börse In Joint Venture To Provide Share Registry Services In Germany

Deutsche Börse AG, the leading European exchange and technology organization today announced a joint venture with Computershare Ltd. Deutsche Börse and Computershare, the world's largest and only global share registry and a leading technology provider for the global securities industry, will form a joint venture to offer share registration and related services in the German market and at a later stage in continental Europe. Among the services the new company will provide are general assembly or general meeting management, Internet-based proxy voting and full service share registry management.

The joint venture, to be called Deutsche Börse Computershare GmbH, will be located in Frankfurt and will take over Deutsche Börse's "IAB" share registration bureau, which serves about 6 million accounts in Germany, or about 60% of the market. The joint venture will also use Computershare's proprietary SCRIP global registry management system to offer issuers additional products and services. Amongst companies using the IAB bureau are DaimlerChrysler, Deutsche Bank, Deutsche Post, Lufthansa, Infineon and Siemens.

Deutsche Börse Computershare will be 51% owned by Deutsche Börse and 49% by Computershare. The joint venture is expected to be operational in the second quarter of 2002. In the medium term, Deutsche Börse Computershare will cooperate with Computershare's businesses around the world to offer employee incentive scheme administration services. Deutsche Börse Computershare will also give German issuers access to global share services, global registry management, investor analysis and other products from Computershare's global product and service range.

About Computershare:

Computershare Ltd. www.computershare.com is a leading financial services and technology provider for the global securities industry, providing services and solutions to listed companies, investors, employees, exchanges and other financial institutions. It is the largest and only global share registry (or transfer agent), managing more than 68 million shareholder accounts for over 7,500 corporations in nine countries on five continents and it provides sophisticated trading technology to financial markets in each major time zone.

Founded in Australia in 1979 and headquartered in Melbourne, Computershare employs more than 5,100 people worldwide and has a market capitalization in excess of A$3.00 billion/ US$1.60 billion.