Securityholders should contact PBL’s share and note registrar if they have any queries in relation to their holdings. The contact details of the registrar are:

Address:	Computershare Investor Services Pty Ltd Level 3, 60 Carrington Street Sydney NSW 2000 Australia or GPO Box 7045, Sydney NSW 1115
Contact (within Australia):	Tel: 1300 855 080 Fax: (03) 9473 2500
Contact (outside Australia):	Tel: 61 3 9415 4000 Fax: 61 3 9473 2500

In addition, securityholders can obtain information about their holdings, or amend certain details directly, by visiting the registrar’s website, www.computershare.com.

Latest developments from Computershare Investor Services

An increasing number of investors now hold investments in more than one company. Computershare has created a new online service to investors to give you a ‘portfolio’ view of your holdings. It is called Investor Centre and it is available now at www.computershare.com.

Your virtual portfolio

Logging onto the Investor Centre, you will be able to view, for each of your securities managed by Computershare:

Your current holding balance
The type of securities you hold (eg ordinary/preference shares)
The market price of your securities - on a 20-minute delayed basis
The total market value of your holdings and your portfolio
Your holding details
Dividend history of your securities
Price - historical share price against market indicators
A link to the company website as available
Latest news on the companies

After you have registered, you will receive a unique User ID (Identification) and PIN (Personal Identification Number) to enable you to make secure online updates to your holdings, such as a change of address. The service will be enhanced over time to allow for a broader range of transactions.

Help Us Save Paper and Costs

Shareholders who do not wish to receive PBL’s annual report should advise the registrar in writing. Alternatively, shareholders may lodge the instruction online by visiting the registrar’s website at www.computershare.com. There is an option for shareholders who do not want hard copies to be notified by email when PBL’s annual reports are posted on PBL’s website, www.pbl.com.au.

Directions:

A – If you have previously registered with Computershare’s Investor Centre

Go to www.computershare.com. Click on Investors, then Investor Centre, then select Login. Enter your User ID and PIN. Select Holding Details against the entry for your PBL securities. From there, click on Communication Details and follow the prompts. You will then be able to register your email details.

B – If you have not registered with Computershare’s Investor Centre

Go to www.computershare.com. Click on Investors, then View Securityholding and enter PBL as the company code. Then enter your personal security information (Securityholder Reference Number or Holder Identification Number, family or company name and postcode). From there, click on Communication Details and follow the prompts. You will then be able to register your email details.

Should you wish to change your instructions later, this may be done online or by notifying the registrar in writing.

Shareholders who opt not to receive a hard copy of the annual report will continue to receive all other shareholder information.

Shareholder Services