CEO LARS EKSTEDT ACQUIRES SHARES FROM DAN BLOMBERG

The CEO of Paynova, Lars Ekstedt, has acquired 200,000 shares in the company. This increases Lars Ekstedt’s shareholding to 300,000 shares, which represent 1.2 percent of share capital. The shares were sold by Dan Blomberg.

For further information, please contact:

Lars Ekstedt, CEO

Mobile: +46 703-74 27 37

About Paynova

Paynova offers an international, account-based payment service via the Internet. With Paynova as the only counterpart, e-retailers get a payment guarantee for around twenty payment options in 10 languages with 8 currencies in a security-certified interface (PCI). Consumers can open an account, a Paynova wallet, for free on the Internet to make purchases more secure and simpler, as well as look after transfers between family members, friends and acquaintances.

Paynova has an agreement with around 1,000 e-retailers. Most are found in the following prioritised segments: travel, retailing and media/network games. The company has been listed on NGM Equity since February 2004. For more information: www.paynova.com