Press Release

NETELLER Completes First Asian Acquisition

Thursday, 3 March 2005 - NETELLER Plc ("NETELLER" or the "Company"), a leading online money transfer service provider, announces that it has acquired Quick Access International Company Limited ("Quick Access"), a debit card payment processing company beneficially owned by CTM, a Macau telecom service provider. This strategic acquisition facilitates the provision of NETELLER's payment services to China. Quick Access has developed strong partnerships in China that provide robust access to the Chinese payment network. As a result, Quick Access is the preferred payment processor of its type and has been the first choice for those of NETELLER's registered merchants that are developing services in China.

The maximum purchase price of the acquisition is MOP 100 million (USD 12.5 million or GBP 6.6 million - see note below). Sixty percent of the purchase price was payable on completion, and twenty percent of the purchase price is conditionally payable on each of the first two anniversaries of completion (3 March in 2006 and 2007) subject to Quick Access maintaining contractual relationships with certain key business partners.

Quick Access was started two years ago and currently processes approximately USD 50 million of debit card payments annually. As an already profitable company, the strategic acquisition of Quick Access is expected to be earnings enhancing in the current year.

Initially, a simplified e-wallet that is independent of NETELLER's e-wallet will be integrated with Quick Access. As experience in Asia accumulates over the coming months and following internationalisation of NETELLER's primary payment platform to accommodate Asian languages and currencies, it is planned that the Quick Access payment platform will be fully integrated with NETELLER.

Gord Herman, CEO of NETELLER plc, stated: "Launching our services in the Asian region is our highest strategic priority at present and we have therefore been very busy with preparatory work on several fronts. By integrating an e-wallet payment platform with Quick Access, NETELLER expects to generate significant growth in its processing volumes and profitability.

The acquisition of Quick Access is one of several initiatives that NETELLER expects to complete as part of its multi-year Asian expansion programme".

Note: Based on exchange rates of USD 0.1245 and GBP 0.06535 respectively per MOP.

About NEOVIA Financial Plc

Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, NEOVIA Financial Plc (formerly NETELLER Plc) operates the world's leading independent online payments business. Through its Payment Suite, featuring NETELLER®, NETBANX®, Net+™ and 1-PAY™ brands, NEOVIA specialises in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange, or distance. Being independent has allowed NEOVIA to support thousands of retailers and merchants in many geographies and across multiple industries.

Subsidiary company NETELLER (UK) Limited is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about NEOVIA Financial visit www.neovia.com.

NEOVIA Financial Plc recently changed its corporate identify from NETELLER Plc to better reflect the strength and breadth of its individual product brands. At the same time its ticker symbol changed from NLR to NEO.

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