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23 August 2007

NETELLER Interim Results Show Good Growth in H1 2007

Thursday, 23 August 2007 – NETELLER Plc (LSE: NLR), the independent global online payments business, announces its interim results for the six months ended 30 June 2007.

Operational Highlights

· Stabilized business following US resolution to provide solid foundation for future growth

· Active customers (ex North America) up 29% to 97,216 in Q2 2007 from 75,381 (Q2 2006)

· Completed restructuring to align costs with anticipated revenues

· Continued globalization program to yield revenue growth in Europe and Asia Pacific

· Delivered first phase of strategy to solidify position as pre-eminent provider serving online gaming sector in selected markets

· Management team committed to driving strategy for NETELLER

Financial Highlights

· Revenue in H1 2007 was $50.8 million, a decrease of 57% from H1 2006 due to withdrawal from US market

· European revenue in H1 2007 grew 46% to $21.2 million; Asia Pacific grew 46% to $5.4 million

· Gross margin in H1 2007 was 55%, compared to 72% in H1 2006

· Loss before tax in H1 2007 was $24.7 million due to US restructuring and legal related expenses

· Cash at 30 June 2007 was $210.5 million; before $136 million due to US authorities

· Cash flow from operations neutral in H1 2007.

Ron Martin, President & Chief Executive Officer of NETELLER, said “These results have been produced during a very challenging period for the NETELLER Group and they represent the first stage of rebuilding the business into a platform for growth within the European and Asia Pacific markets. The resolution of our US situation announced in July 2007 allows us to start implementing our strategy to develop further innovative payment solutions for our customers and merchants within our selected markets. We will initially focus on our core market of online gaming where we have developed considerable expertise. In the medium term, however, we will look to add further offerings for our customers that add value to the e-wallet proposition such as payment cards and other payment features. We believe online payments is a rapidly growing market and NETELLER is well positioned to benefit from this. The Board looks forward to the next six months and beyond with confidence about the Group’s prospects.”

20 August 2007

NETeller PLC AGM Statement

Monday, 20 August 2007 - NETELLER Plc (LSE: NLR), the independent global online payments business, will hold its Annual General Meeting (AGM) later today at 2.00 p.m. in the Isle of Man, at which Dale Johnson, Chairman of the Company, will make the following statement in relation to the performance of the business:

"Today's AGM marks the conclusion of a challenging period for the Company following the agreement with the US authorities reached on 18 July resolving the investigations into the Company's former US business activities. The settlement represents a certain outcome that enables the Company to refocus its efforts on building and strengthening the NETELLER business outside of North America into the growing markets of the European and Asia Pacific regions. The Board believes that the Group has both the management team and experience to exploit the opportunities available in those markets.

The Company has made significant progress in the return of funds to its former US customers, a process commenced on 31 July 2007. To date, more than $71 million of the total amount owing to US customers of $94 million has been returned through the Distribution Plan agreed with the US authorities in an effective and efficient manner, and credit must go to our employees who have assisted in the execution of this process to date.

I am grateful for the support and patience of our stakeholders since January 2007 while we have worked to resolve our situation, and I am confident that NETELLER will continue to provide the services and products that our customers and merchants have come to expect. I assure you that the Board understands and appreciates the adverse impacts experienced by shareholders, employees and other stakeholders as a result of the unexpected events earlier this year.

While the year to date has been challenging for a number of reasons, the Group's business has performed satisfactorily. The Board looks forward to renewed growth and is optimistic about the prospects for the full year."

The Group's interim results for the six months ended 30 June 2007 will be announced later this week on Thursday 23 August 2007.