Directorate Change

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

15 May 2017

Mi-Pay Group plc

("Mi-Pay" or the "Group" or the "Company")

Directorate Change

Mi-Pay (AIM: MPAY), the leading provider of outsourced digital transformation and mobile payment solutions to Tier 1 Mobile Network Operators and Mobile Virtual Network Operators, announces that Mike Stone has resigned from his position as Non-Executive Director of the Company, in order to pursue other business interests. As a result, the resolution regarding his re-appointment as a Director of the Company will not be proposed at the Company's AGM later today (15 May 2017).

Mike's positions on the Company's Remuneration Committee and Nominations Committee will be taken by Ed Lascelles (Non-Executive Director), whilst Seamus Keating (Non-Executive Chairman) will become chairman of the Company's Audit and Risk Committee.

Seamus Keating, Chairman of Mi-Pay Group, commented: "The Board of Mi-Pay would like to thank Mike for his significant contribution to the business throughout his service as a Director. We wish him well in all of his future endeavors."

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About Mi-Pay Group

Founded in 2003, Mi-Pay Group enables clients to transform their customers' payment journey and move them from paper to digital, improving the overall customer experience and delivering more choice and flexibility for pre-paid customers. Our product offering provides the infrastructure to enable pre-paid mobile devices to be topped up via a variety of channels such as websites, mobile applications and social media applications. Customers include Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs). Our fully outsourced online payments solutions are enhanced by a fully integrated suite of risk management tools to provide the highest level of payment fraud management and data security for our clients and their customers. Mi-Pay sells, integrates and operates its products and solutions on a global basis. For further information, please visit www.Mi-Pay.com or the contact details as shown above.