First Half Announcement

RNS Number:8391R
eServGlobal Limited
26 February 2007

eServGlobal Announces First Half Results, Revenue & Profit Growth.

Sydney 26 February, 2007

eServGlobal Limited (LSE: ESG & ASX: ESV), a worldwide supplier of independent
and flexible telecommunications Value Added Services for Messaging and Charging
solutions, today announced its results for the six months ending 31 December
2006.

Sales revenue for the first half was $74.202 million, compared with $32.711
million for the previous corresponding period, representing growth of 127%.

AUD                     Six months to         Six months to       
                          31 Dec 2006           31 Dec 2005       Full Year 2006

Sales Revenue                  74,202                32,711               95,004
Cost of Sales                  47,802                21,671               57,391
Gross Profit                   26,400                11,040               37,613
Other Revenue                       3                   193                  459
Sales & Marketing Costs         6,579                 4,747               11,513
Administration Costs           10,802                 4,796               16,471
Total Opex                     17,381                 9,543               27,984
EBITDA                          9,022                 1,690               10,088
Depreciation                    1,157                   737                1,963
Amortisation                    3,523                     0                3,164
EBIT                            4,342                   953                4,961
Interest Expense                  133                    57                  489
Profit before Tax               4,209                   896                4,472
Tax Expense / (Benefit)         1,942                   719                1,820
Profit after tax                2,267                   177                2,652
Less minority interest             64                  (15)                   68
Profit attributable to members  2,203                   192                2,584

Net Cash reserves at the half year were $3.326 million ($9.650million at 31 Dec,
2005). Net assets increased to $113.399 million ($107.644 million at 31 Dec,
2005).

Mr Ian Buddery, Executive Chairman & CEO, said: eServGlobal has produced an
excellent first half result, ahead of our plan and with significant growth from
the corresponding period last year. I am also particularly pleased to note the
EBITDA margin performance of 12%, which reflects the success of our strategy to
increase software license revenue and reduce our implementation costs. Apart
from the dividend payment in December, our cash position was affected by several
factors, which we are now addressing. The cash balance is expected to improve
significantly over the balance of the second half.

Our revenue growth is underpinned by the rapid subscriber growth occurring for
our customers in emerging markets and we expect this growth to continue in the
second half and into the FY08 year. In addition, we have strong interest in our
new IMS solutions family, which addresses the fast developing nextgeneration
network environment.

About eServGlobal

eServGlobal (LSE: ESG & ASX: ESV) solutions enables Service Providers to
maximize todays proven revenue streams whilst ensuring service continuity and
new revenue opportunities when evolving to next generation networks. Over 75 of
the worlds leading telcos are taking advantage of eServGlobals advanced
solutions and expertise to successfully address their business challenges and to
manage over 120 million mobile subscribers.

As a global solutions provider, eServGlobal helps Carriers and Service Providers
by providing turnkey solutions and enabling Multimedia Intelligent Services
built on a networkindependent, open and realtime architecture.

All products are designed for fixed, mobile and NGN/IMS infrastructure:
ChargingMax (Prepay to Convergent Charging), Top UP Suite (Voucher to ERetailer
Management), M@ilis (SMS Call Notify to Voice&Video Mail), MessageMax (from SMS
Direct Routing to SMS AntiFraud), Mobility Suite (Locationbased & Presence
Services) and INMax (VPN, Number Portability, Service Numbers, etc).

More information can be found at: www.eservglobal.com

Ian Buddery Executive Chairman eServGlobal Limited


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