Notice of EGM

6 July 2011

ESERVGLOBAL LIMITED- NOTICE OF EXTRAORDINARY GENERAL MEETING

eServGlobal Limited will hold an Extraordinary General Meeting (EGM) on Monday 8 August 2011 in Sydney, Australia. The Notice of Meeting and accompanying Explanatory Memorandum can be obtained from the company's website www.eservglobal.com/investors

There is one item of business to be considered by the meeting, 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 16 August 2011 (the Capital Reduction Record Date), will be entitled to receive a payment of AU$0.29 per share in cash by the company in relation to each share held by them on that date. The payment will be split between a capital return and a special dividend, the details of which are contained in the Notice of Meeting and Explanatory Memorandum.

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 EGM, the following is indicative of the proposed timing of the capital reduction and special dividend:

These dates are indicative only and may change. If the relevant rulings are received from the ATO after the EGM, the company will announce a final timetable for the proposed capital reduction and special dividend including the despatch date for the payment of the capital reduction and special dividend to shareholders.

For further information, please refer to the Notice of Meeting and Explanatory Memorandum.