NT1- Net1 - Notification of director`s dealings in Net1 securities

NT1- Net1 - 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 rule 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 
of the company:                                                                 
Director:                         Paul Edwards                                  
Number of securities:             450                                           
Class of security:                Common stock                                  
Nature of interest:               Direct, beneficial                            
Nature of transaction:            Sale of restricted stock                      
Date of transaction:              19 June 2009                                  
Price:                            USD 13.33 (1)                                 
Total transaction value:          USD 5,998.50                                  
(1) Sale prices for the transactions reported here range from $13.14 to $13.41. 
24 June 2009                                                                    
Johannesburg                                                                    
Sponsor to Net1:                                                                
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 24/06/2009 08:55:02 Supplied by www.sharenet.co.za                     
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