We refer to the announcements dated 23 September 2015 and 17 December 2015 pertaining to the above subject matter. The terms herein shall bear the same meaning as defined in the said announcements.

The Board of Directors of ManagePay wishes to announce that ManagePay has fully paid the Consideration for the Sale Shares and the Acquisition was completed on 20 January 2016.

This announcement is dated 20 January 2016.