Reference is made to the article published in The Star newspaper dated 15 July 2015 on the above title.

The Board of Directors of ManagePay wishes to clarify that the Company's first quarter ended 31 March 2015 revenue and net profits were RM3.3 million and RM0.1 million respectively, and NOT RM3.3 billion revenue and RM102 million net profits as wrongly reported in the said article. Kindly refer to the Company's quarterly results announcement dated 26 May 2015 for full details of the quarterly results.

This announcement is dated 15 July 2015.