Board Change

2 April 2014

Monitise plc

Board Change

Monitise plc (LSE: MONI, "Monitise"), a global leader in Mobile Money solutions, announces that Steve Chambers has, following his resignation from Visa Europe, stepped down from the Board of Monitise as a Non-Executive Director with effect from 31 March, 2014.

Monitise Chairman Peter Ayliffe commented: "On behalf of the Board, I would like to take this opportunity to thank Steve for the support he has given during his time with the business. We wish him well for the future."

Visa Europe intends to appoint a new nominated director to the Board of Monitise to continue to support the partnership between Visa Europe and Monitise. Monitise will make a further announcement in respect of this in the near future.

About Monitise

Monitise (LSE: MONI) is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks utilise Monitise's technology platforms and services to securely connect people with their money. 

Already 28 million consumers benefit from Monitise's patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $71bn of payments, purchases and transfers annually.

More information is available at www.monitise.com.

Monitise Group Tel: 020 3657 0900

Tom Spurgeon, Company Secretary

Andrew Griffin/Haya Herbert-Burns, Investor Relations

Canaccord Genuity Limited Tel: 020 7523 8000

Simon Bridges

Cameron Duncan

Media Relations

Gavin Haycock Tel: 020 3657 0362

[email protected]

FTI Consulting Tel: 020 7831 3113

Charles Palmer

Jon Snowball