Robert Potts appointed Chairman of PrePay Technologies Ltd

16th April 2003

On 1 April 2003, Robert Potts was appointed Chairman of PrePay Technologies Ltd. Previously Bob was the Chief Executive Officer of Barclaycard and a member of Barclays Group Executive Committee.

With more than 30 years experience in the retail banking and card payments industries, Bob has been Chairman of the APACS Card Payments Group, board Director of Visa International and its Executive Committee, board director of Visa EU and currently serves on the board of Goldfish.

Philippe Dufour, CEO, PrePay Technologies Ltd said “I am honoured that Bob has decided to join us and to participate in the ongoing success of the company. The prepay market is growing at a phenomenal rate. In particular, the drive to migrate current paper based products to a card product is moving at a rate similar to that seen when debit cards were introduced as an alternative to cheques in the 90s. Together, our shareholders, board and employees are looking forward to further building on our presence in this market”.