Disclaimer

This is Not an Offer to Purchase or Sell Securities. The preceding overview is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities in MonoBank PLC.

Investors must be aware of the high risk connected to the fact that available information on the company may be inexistent or insufficient. Consequently, there is a high risk that the situation and development of the company and subsequently its substance and value cannot be correctly assessed. In addition, Investors must be aware of the fact that the Open Market (Regulated Unofficial Market) at Frankfurt Stock Exchange is not subject to the high Europe-wide transparency standards on EU-regulated markets.

At present, no prospectus has been lodged or filed with the Bundesanstalt für Finanzdienstleistungsaufsicht (i.e. a Federal Security Office for Financial Services, known as the BaFin) in Germany or the Financial Services Authority (known as FSA) in the UK. Therefore this information is presented exclusively to qualified parties, all other people are asked to await the lodgment and promulgation of the respective prospectus.

About MonoBank PLC

• UK public limited company No. 5033632 incorporated in 2004.
• Listed on the Frankfurt Stock Exchange, under trading symbol WNW
• Company focused on the incredible growth opportunity in the prepaid debit card market accentuated by the current economic climate and credit crisis.
• Company vision is to provide prepaid card products and related services for credit challenged individuals and provide infrastructure and services enabling large companies to replace cash payments and cheque payments with single use and reloadable debit / credit cards, fully integrated with large global payment networks.
• Primary product is the MonoOne prepaid debit card

Prepaid Debit Cards

• Prepaid debit credit cards are similar to pay-as-you-go mobile phone cards, where the holder is required to put money on their account before they use it.
• Addresses the current credit crisis, not linked to credit card or bank account. No risk of running up debt.
• Closed loop (restricted) or single purpose prepaid debit cards are gift cards that can be used at only one location.
• Open loop cards can be used to make debit transactions allowing clients to rebuild their credit, receive payments make purchases wherever MasterCard®, Visa® are accepted (at over 24 million locations), and access cash at over 1 million ATMs.
• Replaces costly cheque preparing, cheque processing and cheque cashing costs and increase payment efficiency and reporting.

Prepaid Debit Cards Uses

• Corporate Benefits (Payroll, expenses, remuneration, reporting)
• Gifting (Incentives, Rewards, Peer to Peer)
• Government Benefits (Assistance, Employment benefits)
• Healthcare (employer and insurance payouts)
• Insurance (claims payments)
• Shopping Online Purchases (safely purchase online)
• Payroll Cards (Distribution of pay and wages)
• Remittances/Money Sharing (transfer of funds to family)
• Transit (payment of low value goods)
• Travel (Travel funds in foreign currency (safer than cash), air fares, car rental hotel bookings)
• Un-banked sector, who do not qualify for traditional banking services
• Teen, Youth and controlled spending cards

The Opportunity

• Prepaid credit cards have been available for a few years in the United States and are still gaining momentum, but they are now taking off worldwide. Whether it’s for those without bank accounts, or individuals who need to control spending or a business that needs to reduce the mountains of paperwork to produce cheques for employees, Visa says these cards will be the de-facto standard for online commerce with a far wider market potential than initially projected.
• Prepaid cards are Visa’s fastest growing payment product internationally, surpassing credit and debit cards, expected to total more than $ 720 billion by 2010.

The Market Size (Europe)

• Europeans are expected to spend €75 billion on prepaid cards by 2010. This represents 2.3 billion transactions per annum and an increase of 110 percent per annum over the next five years. Representing a significant growth opportunity.*
• By 2015, the prepaid market will generate a turnover of €132 billion representing 418 million cards in circulation and transaction volume of 4.4 billion with an average spend of €315.00 per card per annum.*
• Around 22% of the value spent on prepaid cards in the UK is expected to come from prepaid gift cards (closed loop) by 2010. The European prepaid gift card market is expected to generate a turnover of €20 billion.*

(*Source PSE Consulting)

The Market Size (Europe)

• Mastercard® Europe and Boston Consulting Group estimate prepaid card turnover in the UK will reach $ 34 billion USD (5% of the world total) and $ 164 billion for Europe (25% of world total).
• According to Visa®, the UK market for unbanked & underserved is estimated to be valued at € 803 billion, which includes payroll, basic banking, Government disbursements, youth and remittance spending.

The Market Size (United States)

• Visa® estimates there are 84 million consumers in the United States who are financially underserved, without access to a banking relationship or access to a payment (credit or debit) card. These consumers receive $1 trillion in annual income and pay more than $1 billion in cheque cashing fees and need cash for everyday transactions.
• Prepaid debit and stored value card transactions will amount to about US $257 billion transactions by 2009, up from US $63 billion in 2004 in the U.S. By 2009, prepaid processors will generate US $1.8 billion in revenues, up from nearly US $0.5 billion in 2005. (Aite Group)
• Tower Group research suggests prepaid transactions are expected to grow by more than 300 percent by 2009, and the U.S. is leading the world in issuance and usage of these cards.

The Market Size (U.S.) Aite Group

The Market (United States)

The $ 2 Trillion US Dollar Opportunity, according to MasterCard® and MBI