News and Press Releases:


NETELLER Completes Calgary Property Sale for CAD$ 33.5 Million

Monday, 11 February 2008 – NETELLER Plc (LSE: NLR), the independent global online payments business, is pleased to announce the sale of the Group’s principal property in Calgary, Canada.

The Group confirms that its subsidiary, NT Services Building Corp., has completed the sale of its principal property at 27th Avenue in Calgary, Canada, to the Leben Investment Corporation for a total consideration of CAD$ 33.5 million (approximately USD$ 33.5 million). In accordance with the terms of the sale agreement, the sale proceeds will be paid to the Group on 31 March 2008.

The Group will continue to lease two areas of the property from Leben Investment Corporation on usual commercial terms for a period of three years and five years respectively following the sale. The sale price is very close to the net book value of the property and as a result there will likely be no significant gains or losses on disposal. Any marginal gains or losses that may arise will be reflected in the Group’s 2008 results.


About NEOVIA Financial Plc

Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, NEOVIA Financial Plc operates the world's leading independent online payments business. Through its Payment Suite, featuring NETELLER®, NETBANX®, Net+™ and 1-PAY™ brands, NEOVIA specialises in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange, or distance. Being independent has allowed NEOVIA to support thousands of retailers and merchants in many geographies and across multiple industries.

NEOVIA Financial Plc is quoted on the London Stock Exchange’s AIM market, with a ticker symbol of NEO. Subsidiary company NETELLER (UK) Limited is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about NEOVIA Financial visit www.neovia.com or subscribe at www.neovia.com/feeds/.

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NEOVIA's media relations can be contacted through the Media Relations Contact page. NEOVIA investor relations are managed by Citigate Dewe Rogerson. Contact them through the Investor Relations Contact page.