no threat to cus machines, page-3

Thats not quite correct Ivanovich, as outlined in todays announcement.

In responding to todays article in the Australian Financial Review, Managing Director Tim Wildash said that the Customers ATM Fleet was already well positioned for chip cards, despite the fact that Customers have not been subject to a successful skimming attack in almost 10 years of operation.

We have been planning for the move to EMV for some years as part of our business as usual, together with playing a leading role in EMV industry forums through APCA.

Contrary to todays report, the need for conversion to EMV has not arisen overnight. Already 80% of our ATM fleet is EMV capable, with these terminals requiring only a minor software upgrade to achieve full EMV compliance.
The remainder of the fleet is scheduled for normal end-of-life replacement over the next two to three years, within the EMV rollout timetable.
The move to EMV will also require some internal back-end processing upgrades. These upgrades are already contained within our forward capital budgets with the required software changes to our existing fleet and back-end processing amendments not envisaged to be material in nature over the next couple of years.

Mr Wildash added, Customers is in the fortunate position of operating a young fleet,with most of the required work to implement EMV upgrades having already been undertaken.
Furthermore, our major ATM suppliers, Nautilus Hyosung and Triton, have significant footprints in both the European and North American markets, where compliance with EMV chip standard has been in place for some time and therefore
they are well experienced in this regard. Australia has not needed to follow quickly, as fraud has been much less of a problem here.