CONTINUED STABLE GROWTH IN TRANSACTION VOLUMES FOR OCTOBER AND NOVEMBER 2007

(NGM: PAY)

Paynova’s CEO Per Sunnemark will give a presentation on Paynova at the Stockholm Corporate Finance Small Cap Seminar today. He will also report continued growth in transaction volumes for October and November 2007.

During October the transaction volume amounted to MSEK 54, which corresponds to an increase of approximately 20 per cent compared with the previous month.

For November, the transaction volume is expected to amount to just over MSEK 60.

The transaction volumes for October and November together exceed the volumes for the whole of the third quarter. The volume increase between the third and fourth quarters of 2007 is expected to far exceed 30 per cent.

Today, Thursday 29 November at 2:30 pm, CEO Per Sunnemark will give a presentation on Paynova AB at Financial Hearings and at the Stockholm Corporate Finance Small Cap Seminar at Operaterassen. For links to an Internet broadcast of the presentation, see www.paynova.com under the heading News or www.financialhearings.com. The Internet broadcast can also be viewed later.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Per Sunnemark, CEO and Group President

+46 (0)70-147 67 55

ABOUT PAYNOVA

Paynova offers an international, account-based complete service for payments via the Internet. With Paynova as the only counterpart, e-retailers can get a payment guarantee for 21 payment options with credit cards, debit cards and Internet banks, in 12 languages with 11 currencies in a security-certified interface (PCI). Consumers can open an account, a Paynova Wallet, for free on the Internet to make purchases simpler and more secure, as well as look after transfers between family members, friends and acquaintances. Paynova has agreements with around 1,800 e-retailers. Most are found in the following prioritised segments: travel, retail and media/network games. The company has been listed on NGM Equity since February 2004. For more information: www.paynova.com.