Reference is made to the announcement on 21 April 2015 in respect of the Letter of Notification from UnionPay received by MRSB on the registration of MRSB as a UnionPay Third Party Service Provider (the “Services”).

The Board of Directors of ManagePay wishes to update that the Services is expected to contribute positively to earnings and net assets per share of ManagePay in the long term. The Services will not have any material effect on the gearing of ManagePay for the financial year ending 31 December 2015. The Services will not have any effect on the share capital and substantial shareholders' shareholding of ManagePay for the financial year ending 31 December 2015.

This announcement is dated 23 April 2015.