MARIA ÄNGARP NEW CFO OF PAYNOVA

(NGM:PAY)

Maria Ängarp has been appointed acting CFO of Paynova.

Maria Ängarp is a graduate economist and has held the post of chief accountant at Paynova since 2007. Prior to that, Maria Ängarp worked, among other things, as an approved auditor on placement in the United Kingdom and Sweden. Maria Ängarp succeeds Paynova’s previous CFO, Magnus Tholén, who has left the company.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Björn Wahlgren, CEO and Group President, Paynova AB

Telephone: +46 (0)70-728 74 40

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 12 currencies in a security-certified interface (PCI). Consumers can also open a Paynova account to make purchases simple and 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 further information, visit: www.paynova.com.