Monitise and Telefónica cloud platform agreement

21 October, 2015

Monitise plc

("Monitise" or the "Company")

Monitise and Telefónica sign cloud platform agreement

LONDON - Monitise plc (LSE: MONI) announces that Telefónica Digital ("Telefónica"), part of one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers, has entered into an agreement to explore potential projects based on the Monitise cloud platform. The new framework agreement supersedes the previous contract between Monitise and Telefónica, which was announced on 1 July 2013. This development is consistent with the Company's transition to become a cloud business and the Company's guidance for FY 2016 remains unchanged as a result of this announcement.

Monitise's new cloud platform, which launched earlier this year, is at the core of its strategy to help clients deliver innovative digital services to their customers. The platform provides software-as-a-service products as well as 'build your own' platform-as-a-service capabilities.

About Telefónica

Telefónica is one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers. With its best in class mobile, fixed and broadband networks, and innovative portfolio of digital solutions, Telefónica is transforming itself into a 'Digital Telco', a company that will be even better placed to meet the needs of its customers and capture new revenue growth.

The company has a significant presence in 21 countries and a customer base of 329 million accesses around the world. Telefónica has a strong presence in Europe and Latin America, where the company focuses an important part of its growth strategy.

Telefónica is a 100% listed company, with more than 1.5 million direct shareholders. Its share capital currently comprises 4.938.417.514 ordinary shares traded on the Spanish Stock Market and on those in London, New York, Lima, and Buenos Aires. If you would like to know more about the Telefónica, please visit www.telefonica.com.

About Monitise

Monitise plc (LSE: MONI) is a digital technology company creating new ways to connect, interact and transact. Our platforms, products and ideas lead to smarter, better experiences that help financial services companies and brands across many other sectors forge closer relationships with their customers. Through our cloud-based approach, design consultancy and content business, we make everyday actions easier for millions of people. Find out more at www.monitise.com.

For further information:

Monitise plc

Lee Cameron, Chief Executive Officer Tel: +44(0)20 3657 0331

Brad Petzer, Chief Financial Officer

Canaccord Genuity

(NOMAD)

Simon Bridges, Emma Gabriel Tel: +44(0)20 7523 8000

Brunswick

Jonathan Glass, Jon Drage Tel: +44(0)20 7404 5959