Monitise Regulatory News (MONI)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

Monitise plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

No

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

Yes

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

Visa Inc and Visa International Service Association, a wholly owned subsidiary of Visa Inc.

4. Full name of shareholder(s)  (if different from 3.):iv

The Bank of New York Mellon on behalf of Visa International Service Association.

5. Date of the transaction and date on which the threshold is crossed or reached: v

31 March 2010

6. Date on which issuer notified:

6 April 2010

7. Threshold(s) that is/are crossed or reached: vi, vii

Below 14.0%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Indirect

Direct xi

Indirect xii

Direct

Indirect

Ordinary

67,753,000

67,753,000

67,753,000

N/A

67,753,000

N/A

13.6%

GB00B1YMRB82

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

67,753,000

13.6%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Shares are held by The Bank of New York Mellon as nominee for Visa International Service Association, a wholly owned subsidiary of Visa Inc.

Proxy Voting: N/A

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Elvira Swanson

Visa Inc.

15. Contact telephone number:

(415) 932-2564

globalmedia@visa.com