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PAYNOVA’S TRANSACTION VOLUMES INCREASED BY 67 PER CENT DURING THE FOURTH QUARTER OF 2007

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(NGM: PAY)

Paynova’s transaction volumes increased by 67 per cent during the fourth quarter compared with the previous quarter. Between the second and third quarter, growth was around 30 per cent. The company thus exceeded the stable rate of growth established in April 2007.

With a significantly stronger rate of growth in Paynova’s transaction volumes during the fourth quarter, the total volume amounted to around SEK 190 million, corresponding to an increase between the third and fourth quarter of around 67 per cent, and between the second and fourth quarter of more than 100 per cent.

“The results from the fourth quarter clearly exceeded our expectations. A large proportion of the volume increase is due to strong Christmas trade for our customers. This shows how Paynova is continuing to grow together with its customers,” says Per Sunnemark, CEO and Group President of Paynova.

PREVIOUSLY ANNOUNCED INFORMATION

In a press release dated 29 November 2007, Paynova announced the actual and estimated results of the company’s transaction volumes during October and November 2007. The aggregate volumes for the relevant period amounted to just over SEK 114 million. At the same time, it was estimated that the volume increase between the third and fourth quarter of 2007 would be well over 30 per cent. As the trend has been significantly stronger, the transaction volumes for the fourth quarter are now being published and additional information will be issued for the company’s year-end report on 14 February 2008.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Per Sunnemark, CEO and Group President

Telephone: +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.

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