Press Release

Euronet issues response to Alphyra reports

Euronet issues response to Alphyra reports

LEAWOOD, KANSAS—Feb. 10, 2002—In response to recent published reports, Euronet Worldwide, Inc. (Nasdaq: EEFT), today announced that it is not in takeover discussions with Alphyra Group plc (London: ALH.L and ISE: ALH.I). Euronet confirmed that it did have discussions with Alphyra in the summer of 2002 regarding a possible business combination, but that these discussions had terminated months ago. Euronet regularly evaluates acquisition candidates, and it is possible that Euronet would consider a bid for Alphyra in the future under the right circumstances.

About Euronet Worldwide

Euronet Worldwide is an industry leader in providing secure electronic financial transaction solutions. The company offers financial payment middleware, financial network gateways, outsourcing and consulting services to financial institutions and mobile operators. These solutions enable their customers to access personal financial information and perform secure financial transactions — any time, any place. The company has processing centers located in the United States, Europe and Asia, and operates the largest independent ATM network in Europe. With corporate headquarters in Leawood, Kansas, USA, and European headquarters in Budapest, Hungary, Euronet serves more than 200 clients in 60 countries. Visit our web site at www.euronetworldwide.com

Any statements contained in this news release, which concern the Company's or management's intentions, expectations, or are predictions of future performance, are forward-looking statements. Euronet's actual results may vary materially from those anticipated in such forward-looking statements as a result of a number of factors, including: technological developments affecting the market for the Company's products and services; foreign exchange fluctuations; and changes in laws and regulations affecting the Company's business. These risks and other risks are described in the Company's periodic filings with the Securities and Exchange Commission, including but not limited to Euronet's Form 10-Q for the period ended September 30, 2002 and its Form 10-K for the year ended Dec. 31, 2001. Copies of these filings may be obtained by contacting the Company or the SEC.