Record Year for Moneybookers: Europe's Largest Online Payment System More Successful Than Ever Before

LONDON, December 18 /PRNewswire/ --

- Chairman Dr. Thomas Middelhoff Impressed by 2007 Performance

- Strategy for 2008: Expansion in Additional Markets and Product 
Innovations

Moneybookers, Europe's largest online payment system, is looking back to 
its most successful year in history. Almost 4 million customers now have an 
online account at Moneybookers. Every day, Moneybookers welcomes more than 
4,000 customers as new owners of the electronic wallet which provides 
convenience, enhanced security for online shopping and real-time payments and 
transactions. The record growth was driven primarily by new ecommerce 
merchant integrations.

Chairman Dr. Thomas Middelhoff is delighted by the progress that 
Moneybookers has made. "Revenues and profits will more than double this 
year," he comments on its growing success. "The transaction volume processed 
by Moneybookers reached EUR1.5 billion this year and is rapidly growing every
single month."

Dr. Nikolai Riesenkampff, CEO of Moneybookers, commented, "We
want to thank all our business partners, and in particular our account
holders for using our products and recommending us to friends."

2007 was in every sense an outstanding year for Moneybookers.
In March, Moneybookers launched a brand-new website globally. In the same
month, Investcorp Technology Partners undertook a successful buyout of
Moneybookers for EUR105 million. In May, Dr. Thomas Middelhoff, one of the
most acknowledged European business leaders and CEO of Arcandor AG (formerly
Karstadt Quelle AG), was appointed as Chairman of the Board. Towards the end
of the year, the company moved to larger headquarters in Central London to
accommodate its rapid growth. New local payment methods were constantly
added, bringing the total number of available payment options worldwide to
more than 50 in over 35 countries. Likewise, innovative new features like
"Split Gateway" (individual payment options as a one-stop solution) or "Fast
Registration" (lightning-fast registration for all payment options directly
at merchant's checkout) contributed to its growth.

Fuelled by new strategic partnerships with leading online
shopping enablers like ePages, SmartStore, DataLink/Holbi, and Afterbuy, the
number of active merchants more than doubled in 2007 to over 7,000. For 2008,
the targets are again ambitious. "We will surprise the markets with
innovative new payment solutions, and provide online buyers with an easier
and more secure shopping experience than ever before," promised Riesenkampff.

About Moneybookers

Moneybookers Ltd. (http://www.moneybookers.com) is Europe's largest 
online payment system offering domestic payment options in more than 35 
countries and customer service in 12 languages. With almost 4 million 
account holders Moneybookers is one of the largest e-wallets worldwide. 
Moneybookers enables any business or consumer to securely and 
cost-effectively send and receive payments online, simply by using an email 
address. In 2007, more than 7,000 merchants used Moneybookers' gateway 
product, among them global ecommerce brands such as Skype, Foto.com, and QXL 
ricardo. Dr. Thomas Middelhoff serves as the Chairman of the Board. 
Moneybookers was founded 2001 in London and is regulated by the Financial  
Services Authority of the United Kingdom (FSA).