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Press release from Marketwire

Solium Capital Inc. Completes Acquisition of Computershare's North American Employee Stock Option and Transcentive Businesses

Monday, November 08, 2010

Solium Capital Inc. Completes Acquisition of Computershare's North American Employee Stock Option and Transcentive Businesses08:18 EST Monday, November 08, 2010CALGARY, ALBERTA--(Marketwire - Nov. 8, 2010) - Solium Capital Inc. ("Solium") (TSX:SUM), a leading provider of equity-based incentive and savings plans administration services, is pleased to announce that it has completed the acquisition of Computershare Limited's ("Computershare") North American full service employee stock option business and Computershare's Transcentive business. These businesses consist of the record keeping and administration of employee stock option programs. Solium will continue to offer the Transcentive product and services to current and prospective clients. Computershare has agreed to provide certain services to Solium in order to effect an orderly transfer of the "Transcentive" business.The consideration for the acquisition of the businesses was U.S.$11,662,500, payable by the issuance at closing of 7,775,000 common shares of Solium at a price of CDN$1.50 per share. Additional potential cash consideration of U.S.$3 million will be paid by Solium, contingent on the revenue generated by Solium from the acquired businesses in the third year after the acquisition. With respect to the transitioning of the "Transcentive" business, Solium will pay Computershare U.S.$22 million over five years. Based on the financial records of Computershare for the 12 month period ended June 30, 2010, the businesses being purchased generated annual revenues of approximately U.S.$20 million and operating income of approximately U.S.$2 million.Following the completion of the acquisition, Computershare owns approximately 20% of the outstanding common shares of Solium. Solium has agreed that as long as Computershare owns at least 10% of the outstanding common shares of Solium, Computershare will be entitled to participate in any future treasury issuances to maintain its then current ownership interest in Solium. Computershare has also agreed that, subject to certain exceptions, Computershare will be prohibited from acquiring more than 20% of the outstanding common shares of Solium. About Solium Capital Inc.Solium Capital Inc. (TSX:SUM) specializes in the administration and execution of equity-based incentive and savings plans and is setting the industry standard for service excellence, industry knowledge and innovative technical leadership. Solium's solutions enable corporations to automate and manage all stock option and stock purchase plan types, including comprehensive regulatory and financial reporting.FOR FURTHER INFORMATION PLEASE CONTACT: Jeff EnglishSolium Capital Inc.Chief Executive Officer and Managing Director(403) 450-6002 or (877) 380-7793investorrelations@solium.comORLynn LeongSolium Capital Inc.Executive VP, Finance & Administration(403) 450-6015 or (877) 380-7793investorrelations@solium.com