NET 1 UEPS TECHNOLOGIES INC - Notification of director's dealings in Net1 securities

Notification of director's dealings in Net1 securities

Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
ISIN: US64107N2062
("Net1" or "the Company")

Notification of director`s dealings in Net1 securities

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, the
following dealings in the securities of Net1 have taken place by a director and executive
officer (“reporting person”) of the Company:

Reporting person (director):                    Serge Christian Pierre Belamant
Class of security:                              Common stock
Nature of interest:                             Direct, beneficial
Nature of transaction:                          On-market sale
Number of securities:                           68
Date of transactions:                           September 29, 2014
Price per security:                             ZAR 142.50
Total transaction value:                        ZAR 9,690

Reporting person (executive officer):           Nitin Soma
Number of securities:                           10,785
Class of security:                              Common stock
Nature of interest:                             Direct, beneficial
Nature of transaction:                          Exercise of stock options (1)
Option strike date:                             September 29, 2014
Date of transactions:                           September 29, 2014
Option strike price per security:               $6.59
Total exercise price                            $71,073.15

Reporting person (executive officer):           Nitin Soma
Class of security:                              Common stock
Nature of interest:                             Direct, beneficial
Nature of transaction:                          On-market sale
Number of securities:                           57,451
Date of transactions:                           September 29, 2014
Price per security:                             $12.43 (2)
Total transaction value:                        $ 714,217.16

(1) The options are exercisable in three equal instalments commencing August 26, 2012.

(2) Sale prices for the transactions reported range from $12.35 to $12.56.
Clearance to enter into the transactions was given in terms of paragraph 3.66 of the JSE
Limited Listings Requirements.


October 1, 2014
Johannesburg

Sponsor to Net1:
Deutsche Securities (SA) Proprietary Limited

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