BILL.L Regulatory News (BILL)

NEWS RELEASE For Immediate Release

April 5, 2012

Billing Services Group Limited

('BSG' or the 'Company')

Shareholder Notification

The Company was informed on April 4, 2012 that on that date, Phipps & Company, LLC acquired 1,000,000 ordinary shares in the Company at a price of 2.47p. Following this acquisition, Phipps & Company, LLC has an interest in 15,203,860 ordinary shares in the capital of the Company representing 5.43% of the Company's issued share capital.

Mr. Norman M. Phipps is the Chief Financial Officer of the Company and the owner of Phipps & Company, LLC.

END

Inquiries:

Billing Services Group Limited +1 210 949 7000

Greg Carter

Norm Phipps

finnCap Limited +44 (0)20 7220 0500

Stuart Andrews/Henrik Persson

BSG Media Relations +1 210 326 8992

Leslie Komet Ausburn

About BSG:

BSG is headquartered in San Antonio, Texas, USA and traded on the London Stock Exchange (AIM: BILL). For more information on BSG, visit www.bsgclearing.com.