Distribution Agreements

MobilityOne Limited
26 October 2007

                                        
                              MobilityOne Limited
                        ('MobilityOne' or 'the Company')

           Further agreements signed to increase distribution points

MobilityOne Limited ('MobilityOne') is pleased to announce that its wholly-owned
subsidiary, MobilityOne Sdn Bhd ('MobilityOne Malaysia') has signed agreements
with Bank Kerjasama Rakyat Malaysia Berhad ('Bank Rakyat') and Key Elite Sdn Bhd
('Key Elite') to sell its products and services through their distribution
channels.

Bank Rakyat is a licensed financial institution in Malaysia with over 100
branches nationwide and circa 120 Automated Teller Machines ('ATMs'). This
agreement enables MobilityOne Malaysia to sell its wide range of electronic
based products and services to the bank's customers through its payment channels
such as Internet banking and ATMs. The deal further strengthens MobilityOne's
reach through banking partners, adding to existing agreements with CIMB Bank
Berhad (over 1,000 ATMs) and RHB Bank Berhad (over 500 ATMs).

Key Elite is a wholly-owned subsidiary of CNI Holdings Berhad ('CNI'), one of
the top multi-level marketing companies in Malaysia. Multi-level marketing is a
very popular method of business in Malaysia which uses a network of independent
business owners to sell consumer products. The agreement with Key Elite enables
MobilityOne Malaysia to sell its products and services via the distribution
points located at CNI's distribution centres, through its e-commerce website and
via short messaging services ('SMS') for CNI's distributors. CNI currently has
66 distribution centers and approximately 250,000 distributors throughout
Malaysia.

Hussian A. Rahaman, Chief Executive Officer of MobilityOne, commented:
'These agreements will allow us to further expand our distribution channels and
provide access to both institutions' extensive customer bases. The addition of
both Bank Rakyat and Key Elite builds upon the already impressive list of
business partners that use our proprietary technology platform.'

For further information, please contact:

MobilityOne                                                     [phone]
Hussian A. Rahman, CEO                                   www.mobilityone.com.my
[e-mail]
Seah Boon Chin, Corporate Finance Director
[e-mail]

HB Corporate                                                [phone]
Luke Cairns                                               www.hbcorporate.co.uk
Rachel Kane
Jim McGeever

Threadneedle Communications                                [phone]
Graham Herring                                         www.threadneedlepr.co.uk
Josh Royston

                                      Ends

About MobilityOne

MobilityOne is the holding company of an established group of companies
('Group') based in Malaysia in the business of providing e-commerce
infrastructure payment solutions and platforms through their proprietary
technology solutions, which are marketed under the brands MoCSTM and ABOSSETM.

The Group has developed an end-to-end e-commerce solution which connects various
service providers across several industries such as banking, telecommunication
and transportation through multiple distribution devices such as EDC terminals,
short messaging services, Automated Teller Machine, and Internet banking.

The group's technology platform is flexible, scalable and has been designed to
facilitate cash, debit card and credit card transactions (according to the
device) from multiple devices while controlling and monitoring the distribution
of different products and services.

For more information, please refer to our website at http://
www.mobilityone.com.my

About Bank Rakyat

Bank Rakyat was established in September 1954 and its mission is to raise the
economic well-being of its members by providing financing facilities for
agricultural purposes, initiatives involving production, marketing, industry,
fishery, transportation, housing, business and other activities that are
beneficial to its members and to promote thrift and savings.

For more information, please refer to their website at http://
www.bankrakyat.com.my

About Key Elite

Key Elite, a wholly-owned subsidiary of CNI was founded in 2006 to initiate and
manage all aspects of CNI's business relating to technology, e-commerce and
catalog shopping. Whereas CNI is a holding companies of several multi-level
marketing companies, which has grown rapidly over the years to emerge as one of
the largest multi-level marketing entity in Malaysia.

For more information, please refer to their website at http://www.mycni.com.my


                      This information is provided by RNS
            The company news service from the London Stock Exchange