EPY E-Pay Asia

RNS Number:1525B
e-pay Asia Limited
31 July 2007



ASX / AIM: EPY

                               e-pay Asia Limited
                                (the "Company")

                               Directorate Change

                               Board Strengthened


Following a review of the business the following Board changes have been made
with immediate effect.

Mr Wong Yin Chin (49) has been appointed Chief Executive Officer. Mr Wong joined
the Company in 2002 and prior to this appointment was Group Chief Operating
Officer. He previously spent 10 years working with Ericsson Malaysia with his
last role there being General Manager. He succeeds Simon Loh, who has stepped
down as Managing Director but remains on the Board as a Non-executive Director
with specific responsibilities for assessing new market business opportunities.

At the same time Yap Chih Ming (35), a Chartered Accountant who joined the
business in 1999 and has until recently acted as Director of Finance, has been
appointed to the Board as Chief Financial Officer.

John Croft, who has been acting interim Chairman, has now been confirmed as
Non-executive Chairman.


John Croft, Chairman, commented:

"The Board has conducted a review of its operations and as part of this process
has made a number of management changes. Mr Wong's appointment as CEO
capitalises on his significant operational experience both within the Company as
well as with Ericsson Malaysia. At the same time it also enables Simon Loh to
concentrate on his key strength of identifying and commercialising business
opportunities which as identified exist both in China and India. The appointment
of Yap Chih Ming as Chief Financial Officer underpins both our financial and
business controls. I now believe that we have both the team and the structures
in place to drive the business forward, as evidenced in our 4C cash flow
statement being released simultaneously today which shows strong growth in total
cash received from customers, up 13% on the comparable period last year."


There is no further information to be disclosed pursuant to Schedule 2 (g) of
the AIM Rules.



For more information:

Australia
Jack Tan                  e-pay Asia Limited     +614 1828 6266 / +612 9283 8835
Company Secretary                                jtan@epay-asia.com

Asia / Americas
Yap Chih Ming             e-pay Asia Limited     +6017 229 1616 / +603 5632 2488
Chief Financial Officer                          investor@epay-asia.com

UK / Europe
David Newton              Seymour Pierce         +44 20 7107 8336
NOMAD                                            davidnewton@seymourpierce.com

Shane Dolan               Biddicks               +44 20 7448 1000
                                                 shane.dolan@biddicks.co.uk





                      This information is provided by RNS
            The company news service from the London Stock Exchange

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