SafeCharge Regulatory News (SCH)

SafeCharge International Group Limited

("SafeCharge", the "Company", or the "Group")

Directorate Change and Board expansion

SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, announces that Ali Khwaja, currently Chief Executive of SafeCharge Card Services and Executive Vice-President of SafeCharge Group, has been appointed Group Chief Financial Officer with immediate effect.

The Company has also expanded its main Board by creating the new strategic role of Group Business Development Director, to be undertaken by current Group Finance Director, Tim Mickley.

Mr. Khwaja, is a Certified Financial Analyst and has worked in the Group since joining from Berenberg Bank in February 2015. He has more than a decade of experience in the financial markets and technology sector. Mr. Khwaja was a Financial Technology Analyst at Berenberg, where he specialised in the payments space; and was ranked Top 3 Technology Analyst in Europe by Extel Thomson Reuters in 2013, based on votes from managements of European technology companies. Prior to Berenberg, Mr. Khwaja was a Technology Analyst at UBS. He is an alumnus of University of Oxford where was a Rhodes Scholar and received an MSc in Financial Economics. Mr. Khwaja will continue to manage the Card Services division.

Contemporaneously, Mr Mickley has been appointed to the new Board position with immediate effect. He will focus on helping to deliver the Group's ambitious growth plans, building on his considerable experience in M&A, integration and corporate development, as the Company grows its presence in new international markets and expands its products offering.

Commenting on the appointments, SafeCharge's Chairman, Roger Withers, said:

"I am pleased to welcome Ali who joins the Board from our Card Services division. He brings strong financial and investor relations experience from his previous roles with, among others, Berenberg and UBS. As we move into a new phase of development as a listed business, I have every confidence in Ali's ability oversee the Group's finances, M&A strategy and lead engagement with its financial stakeholders."

"I am also delighted to announce the expansion of the Board. Tim has been instrumental in the Company's success as a public company, guiding it through its very successful IPO last year and delivering a strong set of maiden financial results, which has sustained the Company's premium share price, evident since first day of dealings. His new role as Group Business Development Director will deploy his significant corporate development and investment banking experience to focus on new acquisitions, products and markets for the Group."

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For more information:

Disclosures pursuant to Schedule 2(g) of the AIM Rules

Mr. Khwaja's full name is Muhammad Ali Farid Khwaja, he is 32 years old.

Mr. Khwaja is currently a director of SafeCharge Card Services Ltd, a wholly owned subsidiary of SafeCharge International Group Limited.

Mr. Khwaja does not hold any other directorships or partnerships.

There are no other disclosures required relating to Mr. Khwaja's appointment in accordance with Schedule 2(g) of the AIM Rules.

About SafeCharge

SafeCharge International Group Limited is a global provider of payments services, technologies and risk management solutions for online and mobile businesses. The SafeCharge group has a diversified, blue chip client base and is a trusted payment partner for customers from various e-commerce verticals. SafeCharge has been Payment Card Industry Data Security Standard ("PCI-DSS") Level 1 certified since 2007 and is listed on the London Stock Exchange AIM market (LSE: SCH). The Company's wholly owned subsidiary, SafeCharge Limited, is an authorized Electronic Money Institution regulated by the Central Bank of Cyprus and a principal member of MasterCard Europe and Visa Europe. The SafeCharge group has operations in the UK, Cyprus, Bulgaria, Israel, Germany, Austria and Ireland. www.safecharge.com