NET 1 UEPS TECHNOLOGIES INC - Net1 Appoints Dhruv Chopra as Managing Director and Country Head India

Net1 Appoints Dhruv Chopra as Managing Director and Country Head India

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”)

Net1 Appoints Dhruv Chopra as Managing Director and Country Head India

Johannesburg - July 5, 2013 - Net 1 UEPS Technologies, Inc. (NasdaqGS: 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.

Investor Relations Contact:

Dhruv Chopra
Vice President of Investor Relations
Phone: +1-212-626-6675
Email: dchopra@net1.com

Johannesburg

July 5, 2013

Sponsor:
Deutsche Securities (SA) Proprietary Limited

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