Further Debt Reduction

NEWS RELEASE

March 30, 2012

Billing Services Group Limited

('BSG' or the 'Company')

Further Debt Reduction

BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, merchants and online stores, announces the repayment of $3.2 million of its senior debt made today. This amount includes a $2.4 million scheduled payment and a $0.8 million payment made in respect of excess cash flow as defined in the Company's credit agreement. Accordingly, at the close of business today, total outstanding senior debt was $32.8 million.

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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.