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NT1 - Net 1 UEPS Technologies, Inc - Notification of director`s dealings in

Release Date: 15/07/2009 08:59
Code(s): NT1
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NT1 - Net 1 UEPS Technologies, Inc - 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: Serge Christian Pierre Belamant Number of securities: 75,000 Class of security: Common stock Nature of interest: Indirect, beneficial Nature of transaction: Transfer of common stock (1) Date of transaction: 14 July 2009 Price: USD 12.60 (1) Total transaction value: USD 945,000 (1) 75,000 shares of common stock were transferred by the San Roque Trust dated 8/18/92 to an unaffiliated third party in consideration for the settlement of certain outstanding claims. Dr. Serge C.P. Belamant as proxy of CI Law Trustees has the power to vote all of CI Law Trustees` shares. The sales price of the shares was deemed to be the closing price of the common stock on the date preceding the transfer as reported on the Nasdaq Global Select Market. 15 July 2009 Johannesburg Sponsor to Net1: Deutsche Securities (SA) (Proprietary) Limited Date: 15/07/2009 08:59:19 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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