Addendum dated January 31, 2014, to the Relationship Agreement between Net 1 UEPS Technologies, Inc., Net 1 Applied Technologies South Africa (Proprietary) Limited, Business Venture Investments No 1567 (Proprietary) Limited (RF) and Mosomo Investment Holdings (Proprietary) Limited

The Parties to this addendum are –

Net 1 UEPS Technologies, Inc., a Florida corporation;

Net 1applied Technologies South Africa (Proprietary) Limited

Business Venture Investments No 1567 (Proprietary) Limited (RF);

Mosomo Investment Holdings (Proprietary) Limited; and

The Parties agree as set out below.

words and expressions defined in the Agreement, shall, unless otherwise indicated by the context, bear the same meaning in the Addendum;

"Agreement" means the relationship agreement entered into between the Parties on or about 9 December 2013; and

"Parties" means the parties to this addendum.

By substituting the date “31st day of January 2014”, in clause 4.1, with “15th day of March 2014”.

Save to the extent specifically modified in this Addendum, or unless otherwise agreed in writing between the Parties, all the terms and conditions of the Agreements shall mutatis mutandis continue to apply.

Each Party will bear and pay its own legal costs and expenses of and incidental to the negotiation, drafting, preparation and implementation of this Addendum.

Signed on behalf of the Parties, each signatory hereto warranting that he/she has due authority to do so.