Directorate Change

NEOVIA Financial Plc

Board Appointments

Ian Francis joins the NEOVIA Financial Board as Non-Executive Director

Wednesday 1 September 2010 - NEOVIA Financial Plc (LSE: NEO), the leading alternative payments business, is pleased to announce the appointment of Ian Raymond Francis to the Board as Non-Executive Director with effect from 1 September 2010. It is intended that he will be appointed as chairman of the Audit Committee of the Company shortly thereafter.

Mr. Francis was most recently a senior audit partner and member in the London practice of Ernst & Young where he was responsible for a number of the firm's leading audit clients. He has a number of non-executive directorships including Umeme Limited, the privatised national power distribution company of Uganda.

Dale Johnson, Chairman, said 

"The Board and I are very pleased that Ian will be joining the NEOVIA Board as a non-executive director. With the substantial breadth and depth of his relevant experience, especially in audit and risk management, he will be a welcome and strong contributor to the Board."

The Company also announces that Tracy Reeder stepped down from the role of Company Secretary on Monday 9 August, and that Elaine Swain assumed the role with effect from 10 August 2010.

For further information contact:

Andrew Gilchrist + 44 (0) 1624 698 713

VP Communications, NEOVIA Financial Plc

Email: investorrelations@neovia.com

Twitter: https://twitter.com/neovia

Citigate Dewe Rogerson + 44 (0) 207 282 2940

Sarah Gestetner / Michael Berryman

Daniel Stewart & Company Plc + 44 (0) 207 776 6550

Paul Shackleton

Regulatory information

In the past five years, Ian Francis (age 51) has been a director of the following entities:

Umeme Limited

Oxshott Way Estate Holdings Limited(The) resigned 31 January 2010

Save as disclosed in this announcement, there is no further information that is required to be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies.

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About NEOVIA Financial

Trusted by consumers and businesses in over 170 countries to move and manage billions of dollars each year, NEOVIA Financial Plc is a leading alternative payments business. Through the NEOVIA Payment Network, merchants use the NETBANX processing merchant service to simplify how they accept and settle card, direct-from-bank, and cash payments, and the NETELLER payment account to increase margins, capture new customers and increase customer lifetime values. Being independent has allowed the company to support tens-of-thousands of retailers and merchants in many geographies and across multiple industries.

NEOVIA Financial Plc is quoted on the London Stock Exchange's AIM, with a ticker symbol of NEO. Subsidiary company NETELLER (UK) Ltd is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about NEOVIA Financial visit www.neovia.com or subscribe at www.neovia.com/feeds/.