The Board of Directors of ManagePay wishes to announce that the Company intends to seek shareholders’ approval for the proposed renewal of shareholders’ mandate for recurrent related party transactions of a revenue or trading nature (“Proposed Renewal of Shareholders’ Mandate”) at the forthcoming Annual General Meeting.

Details of the Proposed Renewal of Shareholders’ Mandate will be disclosed in a Circular to the Shareholders which will be despatched to shareholders of the Company in due course.

This announcement is dated 23 April 2015.