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Net1 Obtains Two Authorised Electronic Money Institution Licences in Europe

Net1 Obtains Two Authorised Electronic Money Institution Licences in Europe

Johannesburg, November 3, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that it has obtained two Authorised Electronic Money Institution (“AEMI”) licenses – one in the United Kingdom, and one in Malta. The UK AEMI license has been granted to Net1’s wholly-owned subsidiary, Transact24 Limited (“T24”), by the Financial Conduct Authority of the United Kingdom following a new application process. In Malta, the Malta Financial Services Authority (“MFSA”) approved the Company’s acquisition of the entire issued share capital of C4U-Malta Limited,

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Net 1 UEPS Technologies, Inc. to Host Conference Call to Review Fourth Quarter and Full Year 2016 Results

Net 1 UEPS Technologies, Inc. to Host Conference Call to Review Fourth Quarter and Full Year 2016 ResultsJohannesburg, August 4, 2016 – Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1”) today announced it will release fourth quarter and full year 2016 results after the market close on August 25, 2016. Net1 management will host a conference call to review these results on August 26, 2016, at 8:00 a.m. Eastern Time.

To participate in the call, dial 1-855-481-5362 (US and Canada), 0808-162-4061 (U.K. only) or 0-800-200-648 (South Africa only) ten minutes prior to the start of the call.

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National Prosecuting Authority declines to prosecute criminal charges against Net1

National Prosecuting Authority declines to prosecute criminal charges against Net1Johannesburg, August 11, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that it has been notified that the National Prosecuting Authority has taken a “no prosecution decision” on the criminal charges brought by SASSA against the Company and Grindrod Bank Limited.

On June 15, 2016, SASSA brought criminal charges against the Company and Grindrod Bank for failing to comply with the recently amended Regulations to the Social Assistance Act (the “Regulations”),

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Net1 Announces Closure of Competition Commission Complaint

Net1 Announces Closure of Competition Commission ComplaintJohannesburg, August 10, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that the Competition Commission of South Africa (the “Commission”) has declined to refer a complaint lodged against the Company and Grindrod Bank Limited (“Grindrod Bank”) by the Hon. Elza van Lingen, a Member of Parliament, to the Competition Tribunal (the “Tribunal”) for consideration.

The complaint alleged that Cash Paymaster Services Proprietary Limited (“CPS”),

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Net1 Acquires Remaining Shares in Masterpayment and Finalizes Earn-out Purchase Consideration

Net1 Acquires Remaining Shares in Masterpayment and Finalizes Earn-out Purchase ConsiderationJohannesburg, June 17, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that it exercised its option to acquire the remaining 40% of Masterpayment AG (“Masterpayment”), a specialist payment services processor based in Munich, Germany, and finalized the earn-out purchase consideration related to the transaction concluded in April 2016. Net1 now owns 100% of Masterpayment, having acquired 60% of Masterpayment in April 2016.

“We believe there is an opportunity to accelerate the wider implementation of Masterpayment’s business model across carefully selected markets,” said Serge Belamant,

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Net1 to Present at Baird Global Consumer, Technology & Services Conference

Net1 to Present at Baird Global Consumer, Technology & Services ConferenceJohannesburg, June 6, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (Nasdaq: UEPS; JSE: NT1) today announced that Dhruv Chopra, Head of Investor Relations, will present at the Baird Global Consumer, Technology & Services Conference in New York City on June 8, 2016. Net1 will provide a live webcast on the audio-only presentation beginning at 2:35pm Eastern Time and will last approximately 30 minutes. The webcast and archived audio replay of the presentation will be available on the Investor Relations section of the Company’s website at www.net1.com.

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Net1’s Transact24 obtains Payment Intermediary Services Licences in Mauritius

Net1’s Transact24 obtains Payment Intermediary Services Licences in MauritiusJohannesburg, May 25, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that its wholly-owned subsidiary, Transact24 (“T24”), has obtained Payment Intermediary Services Licences from the Financial Services Commission Mauritius.

These licenses were granted to T24’s Mauritius-based subsidiaries. A Payment Intermediary Services Licence allows a Payment Services Provider such as T24, to participate in the growing e-commerce market by offering online merchants the ability to accept various forms of electronic payments worldwide.

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Net1/ IFC to close transaction on May 11, 2016

Net1/ IFC to close transaction on May 11, 2016Johannesburg, April 25, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that all the closing conditions for the share subscription transaction with the International Finance Corporation (“IFC”) and three funds managed by IFC Asset Management Company (“AMC”, and together with IFC, the “IFC Parties”), as announced on April 11, 2016, have been met and approval of same has been received from the IFC Parties. Pursuant to the terms of the subscription agreement,

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Net1 Announces $107 million Equity Investment by International Finance Corporation and IFC Asset Management Company Funds

Net1 Announces $107 million Equity Investment by International Finance Corporation and IFC Asset Management Company FundsJohannesburg, April 11, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the“Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that it has entered into an agreement with International Finance Corporation and certain funds managed by IFC Asset Management Company (collectively, “IFC”) pursuant to which IFC has agreed to subscribe for 9.98 million shares of the Company’s common stock at a subscription price of $10.79 per share, for total proceeds of $107.7 million. The subscription price represents a 20,6% premium over the closing price of the Company’s shares on Nasdaq on April 8,

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Net1 Acquires Controlling Stake in Masterpayment and Signs Strategic Cooperation Agreement with Bank Frick

Net1 Acquires Controlling Stake in Masterpayment and Signs Strategic Cooperation Agreement with Bank FrickJohannesburg, April 4, 2016 – Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that it has acquired a 60% interest in Masterpayment AG (“Masterpayment”), a specialist payment services processor based in Munich, Germany.

Masterpayment provides payment and acquiring services for all major European debit and credit cards; and invoicing for online retail, digital goods and content. Masterpayment currently has a client portfolio of approximately 5,000 registered merchants.

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