PAYNOVA’S NEW SHARE ISSUE: WEDNESDAY 25 JUNE LAST DAY FOR TRADING SUBSCRIPTION RIGHTS

The board of Paynova would like to draw attention to the fact that Wednesday 25 June is the last day for trading subscription rights in the ongoing new share issue.

Ongoing new share issue in Paynova

The Annual General Meeting of Paynova decided on 4 June 2008, in accordance with the board’s proposal, to implement an issue of new shares with preferential rights for shareholders. Twelve (12) existing shares provide the right to subscribe to one (1) new share. The new shares will be issued at a rate of SEK seven (7) per share, which means that the Company will be provided with a maximum of approximately MSEK 23.2 before deductions for issue costs.

For each two (2) subscribed and allocated shares, one (1) Option Right 2008:2 will be received at a subscription rate of SEK 7, and for each subscribed and allocated share, one (1) Option Right 2011 will be received at a subscription rate of SEK 9.

Trading subscription rights: 16-25 June 2008

Subscription period: 16-30 June 2008

A prospectus referring to Paynova’s invitation to subscribe to shares with accompanying subscription options is available at www.paynova.com

Any questions regarding subscription and payment should be addressed to Mangold Fondkommission AB, telephone +46 (0)8-503 01 580.

There is also a Company Update on Paynova’s website that describes in brief the most important events in the company so far during 2008.

ABOUT PAYNOVA

Paynova offers an international, account-based complete service for payments via the Internet. With Paynova as the only counterpart, e-retailers have access to 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. More than 1,900 e-retailers have agreements with Paynova. 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