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

Notification of directors' 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 directors’ 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 directors (“reporting persons”) of the
Company and its major subsidiary:

Director:                                      Christopher Stefan Seabrooke
Name of company of which director:             Net1
Class of security:                             Common stock
Nature of interest:                            Direct, beneficial
Nature of transaction:                         On market sale
Number of securities:                          2,514
Date of transaction:                           September 15, 2015
Price:                                         USD 17.66
Total transaction value:                       USD 44,397.24

Director:                                      Alasdair Jonathan Kemsley Pein
Name of company of which director:             Net1
Class of security:                             Common stock
Nature of interest:                            Direct, beneficial
Nature of transaction:                         On market sale
Number of securities:                          4,332
Date of transaction:                           September 15, 2015
Price:                                         USD 17.66
Total transaction value:                       USD 76,503.12

Director:                                      Paul Edwards
Name of company of which director:             Net1
Class of security:                             Common stock
Nature of interest:                            Direct, beneficial
Nature of transaction:                         On market sale
Number of securities:                          4,149
Date of transaction:                           September 15, 2015
Price:                                         USD 17.66
Total transaction value:                       USD 73,271.34

Director:                                      Phil-Hyun Oh
Name of company of which director:             KSNET, Inc.
Class of security:                             Common stock
Nature of interest:                            Direct, beneficial
Nature of transaction:                         On-market sale
Number of securities:                          1,604
Date of transactions:                          September 15, 2015
Price per security:                            USD 17.66
Total transaction value:                       USD 28,326.64

Clearance to deal was given in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.


September 18, 2015
Johannesburg

Sponsor to Net1:
Deutsche Securities (SA) Proprietary Limited

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