summary of company position, page-7

Sydney - Friday - July 3: (RWE Australian Business News) -
Further to its announcement on June 29, ComputerCORP Ltd (ASX:CZP) today
released details of a non-renounceable entitlements issue to raise up to
$4.3m before costs.
Each eligible shareholder is being offered one new share for
every one share held as at the close of business on July 14.
The new shares will be offered at 4c each.
The rights issue will be fully underwritten by TCB Investment
Holdings Pty Ltd, a company that is controlled by ComputerCORP chairman
Mr Domenic Martino.
Shareholders and other applicants may also subscribe for any new
shares which are not taken up under the rights issue pursuant to a
shortfall offer, also at 4c a share.