Grants under the Long Term Incentive Plan ("LTIP")

NEOVIA Financial Plc

Grants under the Long Term Incentive Plan ("LTIP")

Thursday, 1 April 2010 - NEOVIA Financial Plc (LSE: NEO) ("the Company"), the leading alternative payments business, announces that it made certain grants under the recently introduced long term incentive plan, the NEOVIA Financial Plc Long Term Incentive Plan ("LTIP"). This notification is made in accordance with Rule 17 of the AIM Rules.

On 18 March 2010, the Remuneration Committee determined to make a grant under the LTIP. On 30 March, two awards over 784,314 and 421,053 ordinary shares in the Company were made to Mark Mayhew, President & CEO, under the rules of the LTIP.

The awards are structured as options with an option price per share equal to the nominal value of a share (currently 0.01 pence). No consideration was paid for the grant of the awards. The awards will become exercisable subject to the continued employment of the participant and the satisfaction of performance conditions set by the Remuneration Committee of the Company. To the extent that all or any part of an award becomes exercisable, it remains exercisable until the tenth anniversary of the date of grant.

Further details regarding the performance criteria and vesting conditions are set out in the Company's 2009 Annual Report and Accounts which are available on the Company's website, www.neovia.com.

Following the grant of the awards, Mark Mayhew has the following interests in the Company's share capital:

For further information contact:

NEOVIA Financial Plc

Andrew Gilchrist VP Communications + 44 (0) 1624 698 713

Email:  [email protected]

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

Paul Shackleton