SOURCE: Press Release

The NETELLER Plc Group (LSE: NLR), the leading global independent online money transfer business, today announced that, with effect from 2 April 2007, Dale Johnson retired from his position as an executive director of the Company and became a non-executive director. The Board wishes to thank Dale for his significant contribution as both an executive director of the Company and most recently as President of the NETELLER Group’s Asian Pacific operations. Joyce Wong, Vice President & General Manager of Asia Pacific, continues to manage these operations on a day-to-day basis.

Over the past 1½ years, Dale and the regional team have extended the Group’s products and services in Asia into higher value added activities and new markets. NETELLER’s Asian business has become consistently profitable and is firmly established as one of the largest independent e-money transfer providers in the region.

Asia is the fastest growing region within NETELLER’s business, in large part due to implementing new channel and pricing strategies, and new payment options, in markets such as Japan, China and Australia. NETELLER is also energetically examining emerging markets with increasing potential such as Taiwan and Philippines. The ability to leverage NETELLER’s extensive resources and experience provides a strong foundation for success in Asia.

The Board looks forward to Dale’s continuing contribution as a non-executive director. In addition, Dale will continue to assist the NETELLER Group in a consultancy role on a number of strategic planning initiatives which the Group is currently progressing.