Notice of 2010 AGM

26 October 2010

ESERVGLOBAL LIMITED - NOTICE OF 2010 ANNUAL GENERAL MEETING

eServGlobal Limited's 2010 Annual General Meeting (AGM) will be held on Thursday 25 November 2010 in Sydney, Australia. The Notice of Meeting and accompanying Explanatory Memorandum can be obtained from the company's website www.eservglobal.com/investors

There are five items of business to be considered by the meeting, including a proposed resolution to reduce the share capital of the company. If the proposed capital reduction is approved, all persons who are registered as the holders of shares at 5.00pm on 3 December 2010 (the Capital Reduction Record Date), will be entitled to receive a payment of AU$0.33 per share in cash by the company in relation to each share held by them on that date.

Subject to shareholder approval of the proposed capital reduction and assuming that satisfactory class and private rulings are obtained from the Australian Taxation Office (ATO) by the time of the annual general meeting, the following is indicative of the proposed timing of the capital reduction:

These dates are indicative only and may change. If the relevant rulings are received from the ATO after the AGM, the company will announce a final timetable for the proposed capital reduction including the despatch date for the payment of the capital reduction to shareholders. For further information, please refer to the Notice of Meeting.

ENDS

eServGlobal Limited is listed on the Australian Securities Exchange (ASX: ESV) and the London Stock Exchange AIM market (LSE: ESG). More information can be found at: www.eservglobal.com

Corporate Broking, Chloe Ponsonby