The Dhanalakshmi Bank Limited Selects Euronet India to Outsource ATMs.

LEAWOOD, Kan. & MUMBAI, India -- Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading provider of secure electronic financial transaction solutions, today announced an ATM outsourcing agreement with the Dhanalakshmi Bank Limited, a leading bank in South India.

The Dhanalakshmi Bank will outsource its network of 100 ATMs to Euronet India. It is the first South Indian bank to choose complete end-to-end ATM outsourcing and deployment comprising site selection, implementation, maintenance, ATM installation, transaction processing and managed services to enhance its presence and brand across the region. This innovative outsourced business model allows the bank to deploy more ATMs with the associated benefits of speed-to-market to serve its growing customer base. Euronet will also be providing Visa gateway services and also help the Dhanalakshmi Bank launch its debit card program.

"The end-to-end ATM outsourcing agreement with Euronet demonstrates the innovation that the Dhanalakshmi Bank Limited is known for," said Mr. T R Madhavan, MD and CEO, the Dhanalakshmi Bank Limited. "We intend to aggressively penetrate this region with a bouquet of value-added services. We have always ensured that the customer remains the focus of all our activities and today's deal will provide a nationwide network of services to our discerning customers."

The Dhanalakshmi Bank will also connect to Cashnet, which is a shared ATM network owned and operated by Euronet. Cashnet operates approximately 3,000 ATMs across 200 cities through its membership bank participation with leading banks including IDBI Bank, UTI Bank, Citibank and Standard Chartered Bank.

"Euronet has just completed its first full year of operations in India, and the Dhanalakshmi Bank project is a reflection of our long-term commitment to the Indian market and world class infrastructure investment," said Loney Antony, Euronet India managing director. "In addition to complete ATM infrastructure, we will provide card management services to the bank including the issuance of ATM debit cards and their management through our Visa Gateway. In today's outsourcing era, it makes immense sense for banks to focus on their core business and leave ATM deployment and management to experienced service providers."

About Euronet Worldwide

Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The company offers outsourcing and consulting services, integrated EFT software, network gateways, and electronic prepaid top-up services to financial institutions, mobile operators and retailers. Euronet operates the largest independent pan-European ATM network and the largest India shared ATM network. Euronet is also the largest provider of prepaid processing, or top-up services, for prepaid mobile airtime. The company has processing centers located in the U.S., Europe and Asia, and processes electronic top-up transactions at more than 150,000 point-of-sale terminals across more than 60,000 retailers in Europe, Asia Pacific and the U.S. With corporate headquarters in Leawood, Kansas, USA, and 17 worldwide offices, Euronet serves clients in more than 60 countries. Visit the company's Web site at www.euronetworldwide.com.