SALES DIRECTOR TOMAS NÖRGAARD ACQUIRES SHARES IN PAYNOVA

(NGM: PAY)

Paynova sales director Tomas Nörgaard has acquired 11,000 shares in Paynova. Tomas Nörgaard’s share holding in Paynova thus amounts to 11,000 shares.

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.