Appointment of Nominated Adviser and Broker

For Immediate Release

March 23, 2012

Billing Services Group Limited

('BSG' or the 'Company')

Appointment of Nominated Adviser and Broker

BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, merchants and online stores, is pleased to announce the appointment of finnCap Ltd as nominated adviser and broker to the Company. The appointment takes immediate effect.

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Inquiries:

Billing Services Group Limited +1 210 949 7000

Greg Carter

Norm Phipps

finnCap Limited +44 (0)20 7220 0500

Stuart Andrews/Henrik Persson

BSG Media Relations +1 210 326 8992

Leslie Komet Ausburn

About BSG:

BSG is headquartered in San Antonio, Texas, USA and traded on the London Stock Exchange (AIM: BILL). For more information on BSG, visit www.bsgclearing.com.