Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Monitise plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Yes

Other (please specify):

Change in total voting rights announced by issuer

3. Full name of person(s) subject to thenotification obligation: iii

Visa Inc. and Visa International Service Association, a wholly owned subsidiary of Visa Inc,

4. Full name of shareholder(s)  (if different from 3.):iv

The Bank of New York Mellon on behalf of Visa International Service Association

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

1 November 2011

6. Date on which issuer notified:

9 November 2011

7. Threshold(s) that is/are crossed orreached: vi, vii

14% , 13%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

99,753,000

99,753,000

99,753,000

99,753,000

12.4

GB00B1YMRB82

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

99,753,000

12.4%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Shares are held by The Bank of New York Mellon as nominee for Visa International Service Association, a wholly owned subsidiary of Visa Inc.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

Notification using total voting rights of 804,149,904 as per total voting rights announcement made on 1/11/11. Actual shareholding has not changed

14. Contact name:

Elvira Swanson

Visa Inc.

15. Contact telephone number:

(415) 932-2564

[email protected]