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CommSec upgrades website for 2008

To see the full details of the latest upgrade copy and paste this link into your browser: comsec.com.au/public/news.aspx?id=913

About the links in this email: To protect you from potential security threats, CommSec never uses clickable links in emails. To visit a link, just copy and paste it into your browser.

News and Views

InvestorWeb partners with CommSec
By IWL Limited, 16 Nov 2007

We are pleased to announce that IWL Limited, the parent company of InvestorWeb.Com Pty Ltd, has been acquired by the Commonwealth Bank of Australia. Commonwealth Securities Limited (CommSec) has assumed control of IWL effective 12 November 2007 and full ownership for InvestorWeb.Com will be transferred on 26 November 2007.

Otto Buttula has ceased to be Chief Executive Officer and Executive Director of IWL Limited, effective 12 November 2007. Matt Comyn, General Manager CommSec, will take on the role of CEO IWL Limited as of 12 November. CommSec will be working closely with InvestorWeb.Com staff and customers to ensure their continued success under CommSec's ownership.

A detailed review of InvestorWeb.Com is being undertaken to enable CommSec to understand the business operations better. We will be working closely with CommSec to ensure that our customers continue to receive uninterrupted support and service, and will ultimately benefit from an enhanced range of products and services.


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