Further debt reduction

NEWS RELEASE

July 1, 2010

Billing Services Group Limited

('BSG' or the 'Company')

Further Debt Reduction

BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, today announces the repayment of $2.8 million of its senior debt, under the terms of its Credit Agreement, made on June 30, 2010. Accordingly, at the close of business on June 30, 2010, total outstanding senior debt was $74.5 million.

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Inquiries:

Billing Services Group Limited +1 210 949 7000

Greg Carter

Norm Phipps

Evolution Securities Limited +44 (0)20 7071 4300

Stuart Andrews

Komet Marketing Communications +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.