Further Debt Reduction

For Immediate Release

April 1, 2011

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, merchants and online stores, announces the repayment of $8.4 million of its senior debt, of which $7.8 million is a scheduled payment and $0.6 million is a payment made with respect to consolidated excess cash flow, as defined in the Company's Credit and Guaranty Agreement, made on March 31, 2011. Accordingly, at the close of business on March 31, 2011, total outstanding senior debt was $52.4 million.

END

Inquiries:

Billing Services Group Limited +1 210 949 7000

Greg Carter

Norm Phipps

Evolution Securities Limited +44 (0)20 7071 4300

Stuart Andrews

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.