Computershare to acquire TD Corporate Trust business



    TORONTO, March 1 /CNW/ - Computershare Trust Company of Canada, a
subsidiary of Computershare Limited (ASX:CPU), announced today that it has
reached an agreement to purchase TD Bank Financial Group's Corporate Trust
business, a division of TD's Trust businesses.
    Under the agreement, Computershare will acquire all of TDBFG's Corporate
Trust assets which predominantly include trusteeships on debt and
securitization structures, as well as escrows of cash, securities and source
code. The close of the sale is scheduled for May 1, 2007.
    "This acquisition represents an opportunity for Computershare to acquire
a solid book of business which will add a number of major clients to an
existing list of impressive Corporate Trust clients," said Wayne Newling,
President of Computershare Canada. "With Computershare having over
$580 billion of debt under administration, we offer TDBFG's Corporate Trust
clients our substantial experience in trustee and agency services within the
Canadian market."
    Computershare also announced today it has acquired the transfer agent
business of Western Corporate Services, doing business as U.S. Stock Transfer
Corporation. U.S. Stock Transfer Corporation is a provider of transfer agent
services for approximately 400 companies listed on NASDAQ, the American Stock
Exchange and OTC.

    About Computershare

    As an industry leader with more than $580 billion of debt under
administration, Computershare Trust Company of Canada offers clients an array
of products and services such as debt trusteeship, limited partnerships,
escrows, warrants, asset-backed and mortgage-backed securities, broker
registered products and oil and gas royalties. We leverage a product expertise
that dates back to 1889 through our predecessor companies, as well as
comprehensive support services through Computershare's leading-edge technology
platforms.
    Computershare is a global leader in transfer agency, employee equity
plans, proxy solicitation and other specialized financial and communication
services. Many of the world's largest companies employ our innovative
solutions to maximize 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
shareholder and employee accounts in 17 countries across five continents. For
more information, visit www.computershare.com.

    This document contains privileged and confidential information intended
only for the use of the named addressee. Any unauthorised use of the contents
of this document is expressly prohibited. If you have received this document
in error please notify Computershare Trust Company of Canada by telephone
(reverse charges) immediately and then shred this document. Thank you for your
cooperation.





For further information:

For further information: Computershare Trust Company of Canada: Leah
Young, Senior Marketing Manager, Tel: (416) 263-9278

Organization Profile

COMPUTERSHARE

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890