Cancellation of AIM Listing

    RNS Number : 5140C
  e-pay Asia Limited
  02 September 2008
   

    2 September 2008

    e-pay Asia Limited
    ("EPY" or the "Company")

    Re: Cancellation of AIM Listing

    On 27 August 2008, e-pay Asia Limited announced its intention to cancel its AIM listing. The Board has taken this decision as a result
of a strategic review of the Company's business, which is now primarily focused on improving shareholder value. The Company will maintain
its listing on the Australian Stock Exchange ("ASX") and shareholders of the Company ("Shareholders") wishing to trade the Company's
ordinary shares ("Ordinary Shares") after 30 September 2008 will be able to do so through ASX.

    UK shareholders of EPY should be aware of the following information:

    Key dates:
    *     30 September 2008 - Effective Date of delisting from AIM
    *     1 December 2008 - Effective Date of cancellation of Depository Interests


    Shareholders can either:

    a)            prior to 30 September 2008, direct their broker to trade their Ordinary Shares on AIM;


    b)            on or after 30 September 2008, if Shareholders wish to trade their Ordinary Shares, direct their broker to complete a
CREST Stock Withdrawal, upon which their holding will be transferred on to the share register of the Company (*Share Register*) and
Shareholders can trade in Australia; or

    c)        do nothing and on or shortly after 1 December 2008, Computershare will cancel all depositary 
            interests and automatically move the Ordinary Shares on to the Australian Share Register of the 
           Company. Shareholdings in the Company will then be domiciled in Australia and will be tradable

             on the ASX

    The Company has also provided a share dealing facility to UK shareholders who require the service via the Sydney based broker, Cameron
Stockbrokers Limited (www.camstock.com.au). If Shareholders would like to trade their shareholding through Cameron Stockbrokers, please call
UK toll free 0808 234 6211 or email [e-mail].

    For further information, please contact:

 Yap Chih Ming  John Croft       Sarah Jacobs / Parimal Kumar
 Chief          Non-executive         Seymour Pierce Limited 
 Financial      Chairman               London, United Kingdom
 Officer        e-pay Asia              Tel: [phone]
 e-pay Asia     Limited
 Limited        Tel: +44 7785
 Tel: +6017     315 588
 229 1616       jcroft@epay-
 investor@      asia.com
 epay-asia.com


    ABOUT epay Asia Limited
       
    e-pay Asia Limited is one of the leading providers of electronic top up services for prepaid mobile users in South East Asia. The e-pay
Asia's electronic top up services operates in 3 countries namely Malaysia, Thailand and Pakistan with approximately 15,000 point of sales.  
 e-pay Asia processes more than 100 million prepaid mobile top up transactions per year.


    www.epay-asia.com


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