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LESAKA TECHNOLOGIES INC Director's Dealing 2007

Aug 2, 2007

33213_dirs_2007-08-02_895a37d3-0b66-412b-a62a-9b55c404961b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2007-07-31

Reporting Person: Soma Nitin (Senior VP Info Tech)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-07-31 Common Stock M 16666 $3 Acquired 133332 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-07-31 Employee Stock Option (right to buy) $3 M 16666 Disposed 2014-06-07 Common Stock (16666) Direct
2007-07-31 Employee Stock Option (right to buy) $22.51 A 20000 Acquired 2016-08-24 Common Stock (20000) Direct

Footnotes

F1: The options are part of an original grant of 83,334 options, which becomes exercisable in five equal annual installments commencing June 7, 2004. The shares become transferable eleven months after they become exercisable.

F2: The options are exercisable in five equal installments commencing on May 8, 2007.

F3: The grant of these stock options previously reported included the total number of options that Mr. Soma had been granted to date, rather than the number of shares of common stock underlying the options to purchase common stock beneficially owned as a result of this particular grant.