Trading Update

Thursday 11 October 2012

Trading Update

Monitise plc (LSE: MONI) ("Monitise", the "Company" or the "Group"), the technology and services company delivering mobile banking, payments and commerce networks worldwide, will hold its Annual General Meeting in London at 10.00 am today. At the meeting, Chairman of Monitise, Duncan McIntyre, will provide the following update on trading:

"Trading at Monitise remains strong and is in line with expectations. We saw continued momentum in the business during the first quarter, including our Memorandum of Understanding with Bank of China (Hong Kong) and our recently announced global alliance agreement with Cognizant. We are delighted with the integration of Clairmail and our Monitise Americas business continues to perform well. Today, over 17 million registered customers globally have access to services delivered by our Monitise Enterprise Platform."

About Monitise

Monitise plc (LSE: MONI) is a leading technology and services company that delivers mobile banking, payments, and commerce networks worldwide. Monitise enables financial institutions and other payments companies to defend and extend their market position by protecting their existing customer relationships and transactions while enabling new forms of mobile commerce revenue.

Monitise powers bank-grade solutions that are delivered on premise, or via cloud services, handling more than a billion transactions and over US$20bn worth of payments and transfers on an annualised basis. Monitise has a global reach and unique set of partners and clients using its completely adaptable platform. More information is available at www.monitise.com.

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