Net1 Appoints Dhruv Chopra as Managing Director and Country Head India

Net1 Appoints Dhruv Chopra as Managing Director and Country Head India 
JOHANNESBURG, SOUTH AFRICA -- (Marketwired) -- 07/05/13 -- Net 1 UEPS
Technologies Inc. (NASDAQ:UEPS)(JSE:NT1) (the "Company" or "Net1")
today announced the appointment of Dhruv Chopra as Managing Director
and Country Head India effective July 15, 2013. Mr. Chopra will
relocate to Mumbai and will be responsible for growing Net1's
presence in the region. Mr. Chopra will also continue to oversee
Net1's investor relations activities from Mumbai for the foreseeable
future, will visit the Company's shareholders on a regular basis and
continue to be responsive to investor requests. Mr. Chopra continues
to be reachable via email on dchopra@net1.com and his new phone
number and address will be posted to Net1's investor relations
homepage as soon as practicable. 
About Net1 (www.net1.com) 
We are a leading provider of alternative payment systems that
leverage our Universal Electronic Payment System, or UEPS, to
facilitate biometrically secure real-time electronic transaction
processing to unbanked and under-banked populations of developing
economies around the world in an online or offline environment. In
addition to payments, UEPS can be used for banking, healthcare
management, payroll, remittances, voting and identification. 
We operate market-leading payment processors in South Africa,
Republic of Korea and Ghana. In addition, our proprietary Mobile
Virtual Card technology offers secure mobile payments and banking
services in developed and emerging countries. 
We have a primary listing on the Nasdaq and a secondary listing on
the JSE Limited.
Contacts:
Net 1 UEPS Technologies Inc.
Dhruv Chopra
Vice President of Investor Relations
+1-212-626-6675
dchopra@net1.com
www.net1.com