Trading Update

    RNS Number : 4671K
  eServGlobal Limited
  19 December 2008
   

    eServGlobal Update on Progress
    Sydney, 19 December 2008 
    eServGlobal Limited (LSE: ESG & ASX: ESV), a provider of end-to-end solutions, enabling smart communication and payment services for
service providers on any generation network, today updates shareholders on progress in a number of areas.
    The first half revenue outlook continues to be above A$80 million, as indicated in the Chairman's AGM address of 5 November.
    We will provide a detailed full year outlook with the first half results in February 2009. Conditions in our global telecommunications
markets are now improving, with subscriber growth in emerging markets meeting the levels forecast by leading analysts. In addition we have
significant opportunities in developed countries in the second half, including North America.
    At the AGM we also announced that we had appointed ABN Amro to advise on potential options relating to a number of preliminary
approaches received from interested parties. A formal process was adopted and several non-binding indicative offers have been received. We
will provide a further update for shareholders at the next process milestone, early in 2009.
    eServGlobal continues to be the leading provider of advanced mobile charging and payment solutions in over 50 countries worldwide.  
    About eServGlobal 
    eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment services  for telecommunications service providers operating
on all generation networks. 

eServGlobal's innovative solutions help service providers to grow new revenues, reduce churn, and lower costs.  In addition, service
providers are assured of seamless evolution to new network architectures, such as IMS and beyond. 
    As payment is crucial, eServGlobal's Charging Suite responds to increasingly sophisticated charging and billing challenges while
providing advanced recharge and m-payment solutions. The innovative Retention Suite delivers targeted incentives to increase customer
satisfaction and retention.  Meeting customer demand for new communication experiences, the eServGlobal Messaging Suite enables reliable
delivery of multimedia services such as unified messaging, video blog, SMS, and instant messaging. The Network Suite supplies enhanced
personalisation and network optimisation.
    Over 80 of the world's leading service providers, with over 400 million mobile subscribers in more than 50 countries, are taking
advantage of eServGlobal's end-to-end solutions and expertise to quickly deliver revenue-generating services. With 14 offices around the
world and staff from 20 different countries, we provide flexible solutions with ongoing product development, based on a deep understanding
of our customers' challenges.
    eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London Stock Exchange AIM market (LSE: ESG). In the year to 30
June 2008, eServGlobal reported a net profit after tax of A$10.4 million, up 91.5% from the previous year. A dividend of 3 cents per share
was paid for the full year ending 30 June, 2008, an increase of 50% over the previous year's dividend payment. More information can be found
at: www.eservglobal.com
 
    Cautionary statements
    Statements in this document expressing the beliefs and expectations of management regarding future performance are "forward-looking 
statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based
on management's expectations as of the date of this document and are subject to uncertainty and changes in circumstances. Actual results may
 
differ materially from these expectations due to risks and uncertainties including, but not limited to, uncertainty in communications
spending, the 
implementation of the Company's strategic repositioning and market acceptance of the Company's new solutions strategy, six-monthly 
fluctuations in financial results, the Company's ability to exploit fully the value of its technology and its strategic partnerships and
alliances, the 
availability of products from product component vendors and other risks. In addition, while management may elect to update forward looking 
statements at some point in the future, management specifically disclaims any obligation to do so, even if its estimates change. Any
reference to 
our website in this press release is not intended to incorporate the contents thereof into this press release or any other public
announcement.
    Ian Buddery                                                           Numis Securities Limited
Executive Chairman                                                Brent Nabbs (NOMAD) / David Poutney (Broking)
eServGlobal Limited                                               Tel: [phone]

    For further information, please contact:
 eServGlobal                            www.eservglobal.com 
 Sally Bennett, Communications Manager  T: [phone]
 [e-mail]          F: [phone]
                                                            
                                                            


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