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Thu 1 Oct 2009, 16:08 NT1 - Net 1 UEPS Technologies Inc. - Notification of Director`s Dealings in
NT1
NT1                                                                             
NT1 - Net 1 UEPS Technologies, Inc. - Notification of Director`s Dealings in    
                                  Net1 securities                               
Net 1 UEPS Technologies, Inc.                                                   
Registered in the state of Florida, USA                                         
(IRS Employer Identification No. 98-0171860)                                    
Nasdaq share code: UEPS                                                         
JSE share code: NT1                                                             
ISIN: US64107N2062                                                              
("Net1" or "the company")                                                       
Notification of director`s dealings in Net1 securities                          
In compliance with rule 3.63 to 3.65 of the JSE Limited Listings Requirements,  
the following dealings in the securities of Net1 have taken place by a director 
of the company:                                                                 
Director:                         Antony Ball                                   
Number of securities:             1,365                                         
Class of security:                Common stock                                  
Nature of interest:               Direct, beneficial                            
Date of acceptance:               30 September 2009                             
Nature of transaction:            Grant of restricted stock                     
Restricted stock vesting dates:   One third of grant each year commencing       
                                 August 27, 2010, subject to continuous         
                                 representation on the Net1 board during        
                                 vesting period.                                
Price:                            None                                          
1 October 2009                                                                  
Johannesburg                                                                    
Sponsor to Net1:                                                                
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 01/10/2009 16:08:33 Produced by the JSE SENS Department.                  
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