Proposed change of Chairman

eServGlobal Limited (eServGlobal or the "Company")

Proposed change of Chairman

Sydney: 4 February 2014

eServGlobal (LSE: ESG & ASX: ESV), the provider of end-to-end mobile financial services to emerging markets and listed on both the Australian and UK markets, has seen a marked transition of its shareholder base from Australia to the UK, such that a significant proportion of its shares/depositary interests are now held by large UK investment funds.

Given the advancement of the Company's close working relationship with MasterCard, together with the vast majority of its customers being northern hemisphere domiciled and its majority UK shareholder base, the eServGlobal Board believes that now is the appropriate time to appoint a UK-based Chairman.

The eServGlobal Board has initiated a search (using an external recruitment firm) for a Chairman who is best placed to communicate with the company's shareholders and who will also have a deep background and understanding of the global financial services and payments industry.

The current Chairman is fully supportive of this evolutionand intends to resign as a Director on the appointment of a suitable replacement Chairman.

About eServGlobal

eServGlobal (LSE: ESG, ASX: ESV) offers mobile money solutions which put feature-rich mobile financial services at the fingertips of users worldwide, covering the full spectrum of mobile wallet, mobile commerce, recharge, promotions and agent management features. eServGlobal invests heavily in product development, using carrier-grade, next-generation technology and aligning with the requirements of more than 65 customers in over 50 countries.

eServGlobal also builds on its extensive experience in the telco domain to offer a comprehensive suite of sophisticated, revenue generating Value-Added Services to engage subscribers in a dynamic manner.

eServGlobal is partnering with MasterCard and BICS to build the HomeSend joint venture, the market leading international remittance service based on eServGlobal technology and enabling mobile money transfer in over 50 markets.

eServGlobal has been a source of innovative solutions for mobile and financial service providers for 30 years.

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