Offer Update

RNS Number:2970Y
Billing Services Group Limited
13 February 2006

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
                   UNITED STATES, CANADA, AUSTRALIA OR JAPAN

                    Billing Services Group Limited ("BSG")

                   Recommended Offer for United Clearing Plc

          Extension of Offer and Announcement of Level of Acceptances


BSG announces that as at 1.00 p.m. on 10 February 2006, being the first closing
date of the Offer being made by Evolution Securities Limited ("Evolution") on
behalf of BSG for the entire issued and to be issued share capital of United
Clearing Plc ("United Clearing") as set out in the Offer Document dated 20
January 2006, valid acceptances of the Offer had been received in respect of a
total of 11,926,330 United Clearing Shares representing, in aggregate,
approximately 66.75 per cent. of United Clearing's total issued share capital.

The Offer has now been extended and will remain open for acceptance until 1.00
p.m. on 3 March 2006.

Prior to the announcement of the Offer on 15 December 2005 BSG had received
irrevocable undertakings to accept the Offer from the United Clearing Directors
and a shareholder of United Clearing in respect of 5,482,609 United Clearing
Shares held by them, representing approximately 30.7 per cent. of United
Clearing's total issued share capital. Valid acceptances have been received in
respect of all the United Clearing Shares remaining subject to the irrevocable
undertakings and are included in the total number of acceptances referred to
above.

Save as disclosed in this announcement, neither BSG nor any persons deemed to be
acting in concert with BSG held any United Clearing Shares (or rights over any
United Clearing Shares) prior to the Offer Period and neither BSG nor any
persons deemed to be acting in concert with BSG since the commencement of the
Offer Period have acquired or agreed to acquire any United Clearing Shares (or
rights over any United Clearing Shares).

Forms of Acceptance not yet returned should be completed and returned in
accordance with the instructions set out in the Offer Document and on the Form
of Acceptance so as to be received as soon as possible and in any event by no
later than 1.00 p.m. on 3 March 2006. Any further extensions of the Offer will
be publicly announced by 8.00 a.m. on the business day following the day on
which the Offer is due to expire.

The Offer remains subject to the terms and conditions set out in the Offer
Document.

Unless the context otherwise requires, defined terms used in this announcement
shall have the meanings given to them in the Offer Document.

Enquiries:
Billing Services Group Limited                        Tel: [phone]
Patrick J. Haynes III, Chief Executive
Randall Brouckman, Chief Operating Officer
Buchanan Communications                               Tel: [phone]
Bobby Morse / Jeremy Garcia / James Strong
Evolution Securities Limited                          Tel: [phone]
Michael Brennan / Stuart Andrews / Fergus Marcroft





The Offer is not being made, directly or indirectly, in or into, or by the use
of mails or any means or instrumentality (including, without limitation,
telephonically or electronically) of interstate or foreign commerce of, or any
facility of a national securities exchange of, the United States, Canada,
Australia or Japan and the Offer will not be capable of acceptance by any such
use, means, instrumentality or facilities from or within the United States,
Canada, Australia or Japan and the Offer will not be capable of acceptance by
any such use, means, instrumentality or facilities from or within the United
States, Canada, Australia or Japan. Copies of this announcement and any related
documents are not being, and must not be, in whole or in part, directly or
indirectly, mailed or otherwise forwarded, distributed or sent in or into or
from the United States, Canada, Australia or Japan and persons receiving this
announcement and any related document (including, without limitation,
custodians, nominees and trustees) must not mail or otherwise forward,
distribute or send them, in whole or in part, in or into or from the United
States, Canada, Australia or Japan or such other jurisdiction where to do so
would constitute a violation of the relevant laws of such jurisdiction. The
availability of the Offer to persons who are not resident in the United Kingdom
may be affected by the laws of the relevant jurisdictions. Persons who are not
resident in the United Kingdom should inform themselves about and observe any
applicable requirements.

Evolution which is authorised and regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for BSG and no one else in
connection with the Offer and will not be responsible to anyone other than BSG
for providing the protections afforded to clients of Evolution or for providing
advice in relation to the Offer.

BSG shares have not been registered under the United States Securities Act of
1933, as amended ("U.S. Securities Act") and may not be offered, sold, pledged
or otherwise transferred except (a)(1) in an Offshore Transaction complying with
Rule 904 of U.S. Regulation S or (2) pursuant to an exemption from registration
under the U.S. Securities Act and (b) in accordance with all applicable
securities laws of the states of the United States.

An "Offshore Transaction" is an offer of BSG shares not made to a person in the
United States and, at the time a buy order is originated, the buyer is outside
the United States or the seller reasonably believed the buyer was outside the
United States, so long as such offer or sale was not specifically targeted at
identifiable groups of United States citizens living abroad (such as members of
the United States armed forces living overseas); provided, however, an offer or
sale to a person identified in Rule 902(k)(2)(vi) of U.S. Regulation S shall be
deemed to be made in an Offshore Transaction.

"U.S. Regulation S" is Regulation S promulgated by the United States Securities
and Exchange Commission under the U.S. Securities Act, including the preliminary
notes thereto.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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