LESAKA TECHNOLOGIES INC — Director's Dealing 2007

Aug 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2007-08-07

Reporting Person: Kotze Herman (Director, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-07	Common Stock	A	40000	—	Acquired	189999	Direct

Footnotes

F1: Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors pursuant to the Amended and Restated 2004 Stock Incentive Plan. Subject to the satisfaction of certain vesting conditions related to the Issuer's financial performance and the recipient's continuous employment or service with the Issuer or its affiliates, one-third of the shares will vest on each of September 1, 2009, 2010 and 2011.