Computershare

October 13, 2005 09:29 ET

Computershare And Tree Canada Host Award Ceremony Tonight To Mark Successful eTree Program; More Than One Million Trees Planted Worldwide on Behalf of Shareholders

TORONTO--(CCNMatthews - Oct 13, 2005) -

CP Ships and TELUS To Be Recognized

Computershare (ASX: CPU), a global leader in transfer agency, employee investment plans, proxy solicitation and other specialized financial and communication services, and Tree Canada are holding an awards ceremony tonight, October 13, 2005, to mark a major milestone in the eTree program. Since eTree's launch one year ago, more than one million trees have been planted worldwide on behalf of shareholders.

eTree Canada (www.eTree.ca) is an initiative between Computershare and Tree Canada, a national conservation organization, which assists companies in increasing stakeholder acceptance of electronic communications. Each time a shareholder registers for electronic report or statement delivery through a sponsored eTree program, a tree is planted on his/her behalf in various regions throughout Canada.

"We are highly gratified that more than 1 million registered shareholders around the world have embraced electronic communications and that the environment is the beneficiary," said Chris Morris, Computershare CEO.

Tonight's event is being held at the Sandra Ainsley Gallery in Toronto from 6:00pm to 9:00pm with several dignitaries on hand to mark the success of the environmentally-friendly initiative. Those in attendance include: Joe Pantalone, the Deputy Mayor of Toronto; Jeffrey L. Monty, President Tree Canada; Andy Kenny, Director of the Graduate Program of Urban Forestry, Faculty of Forestry at the University of Toronto; Glenn Keeling, CEO of Georgeson Shareholder Canada; and Wayne Newling, President of Computershare Canada.

In addition, representatives from CP Ships and TELUS will receive awards of recognition for their companies' outstanding participation in the eTree program. Overall, more than 5,000 trees have been planted in the name of CP Ships' shareholders and nearly 10,000 trees have been planted in the name of TELUS' shareholders.

"We have been delighted with the enthusiasm shown by our shareholders for the eTree program. We thank Computershare for bringing this innovative program to our attention and highly recommend it," said Dennis Fortune, CP Ships Director Environmental Services.

"Environmentally responsible initiatives such as the eTree program highlight TELUS' commitment to making the future friendly," said Darren Entwistle, President and Chief Executive Officer of TELUS. "TELUS is proud to be a part of such an innovative program that our shareholders have overwhelmingly embraced."

"CP Ships and TELUS, through their participation in eTree and other environmentally-friendly initiatives, are two of many Canadian companies that have excellent environmental policies in place and we are proud of our association with both companies," concluded Mr. Newling.

Just this past year, the eTree project received a significant accolade when the United Nations Association of Australia awarded Computershare the "Best Specific Environmental Initiative" at the United Nations' World Environment Day Awards for their work in environmental protection. In the UK, Computershare has signed up more than 30,000 shareholders through their electronic communications initiatives, and support the Woodland Trust's Tree for All campaign, which aims to plant 12 million trees - one for every child in the UK.

About Computershare

Computershare (ASX: CPU) is a global leader in transfer agency, employee investment 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 90 million shareholders and employee accounts in 21 countries across five continents.

For more information, visit www.computershare.com

About Tree Canada

Tree Canada is a not-for-profit charitable organization established to encourage Canadians to plant and care for trees in urban and rural environments. To date Tree Canada has engaged more than 60 top Canadian companies and government agencies to support the planting of over 75 million trees, the regreening of over 300 schoolyards, six national urban forestry conferences and other efforts to sensitize Canadians to the benefits of planting and maintaining trees.

For more information, visit: www.treecanada.ca

Contact Information

  • Computershare
    Jeff Stein, 212-805-7271