E-Pay Asia Ltd. : GHL Offer Opens

15 November 2013

e-pay Asia Limited GHL OFFER OPENS

GHL Systems Berhad (GHL) has today announced that it has dispatched its Bidder's Statement to all e-pay Asia Limited (EPY) shareholders in relation to its off-market takeover offer for all the shares in EPY (Offer). Accordingly, the Offer is now open.
The independent board committee of EPY is in the final stages of preparing EPY's Target's
Statement which contains its recommendation regarding the Offer.
The Target's Statement will include an independent expert's report assessing the fairness and reasonableness of the Offer.
The Target's Statement is intended to be lodged with ASX next week and following that will be dispatched to shareholders.
Shareholders should have regard to the Target's Statement in determining whether or not to accept the Offer.
If shareholders have any queries please contact the Company Secretary - Robert Lees on his direct line [phone], mobile [phone] or by email: [e-mail]

e-pay Asia Limited

CY Chin
Chairman, Independent Board Committee

e-pay Asia Limited - ABN 99 089 227 887

Suite 2502, Level 25, St Martins Tower, 31, Market Street, Sydney NSW 2000 Australia

Telephone: [phone] Facsimile: [phone] Website: www.epay-asia.com