Press Release

NETELLER PLC - AGM Statement

NETELLER plc (‘NETELLER’ or the ‘Company’), a leading online money transfer service provider, makes the following statement in advance of its Annual General Meeting today:

For the first quarter of 2005, NETELLER reported strong growth, increased margins and profitability, with over 1.5 million customers at 31 March 2005.

During the first two months of the second quarter the Company has continued to expand its base of customers and merchants in line with expectations, including the addition of both Betfair and Expekt as registered merchants, and is making good progress on the expansion of its Asian activities through the integration of Quick Access in Macau.

Gord Herman, Chief Executive Officer, commented "We are confident that NETELLER will continue to demonstrate strong organic growth in line with our strategic goals."

The next update on trading is expected to be on 2 September 2005 when NETELLER will announce its Interim Results for the half year to 30 June 2005.

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.

Media and Investor Contacts

NEOVIA's media relations are managed by McEntegart Marketing. Contact them through the Media Relations Contact page. NEOVIA investor relations are managed by Citigate Dewe Rogerson. Contact them through the Investor Relations Contact page.