First Global Data Limited Enters Into Letter of Intent for Acquisition and Proposes to Issue Convertible Debenture - Seite 2

The closing of the Acquisition and the issuance of Debentures will be subject to the receipt of all regulatory approvals, including the TSX Venture Exchange. There can be no assurance that the Corporation will complete the Acquisition or issue the Debentures.

About LTP Financial

LTP Financial Inc. is focused on providing a variety of financial services to the unbanked and underbanked consumer segments. LTP currently offers money remittance services, pre-paid credit cards, short-term loans and other financial services which are in high demand. LTP has built a strong client base and has a focus to add technology to differentiate itself from other similar organizations. LTP has a solid foundation and is poised for significant growth.

About First Global

First Global Data Limited (TSX VENTURE:FGD), is a leading edge international payments company whose services are designed primarily for the domestic and international underbanked markets. Services include Mobile and Online Payments, Money Transfer, including Peer to Peer mobile and online transfers. First Global moves money domestically and internationally in full compliance with regulatory guidelines. The Corporation also enables its strategic partners and clients around the world with its leading edge transaction technology. First Global maintains a strong focus on compliance and holds licenses to operate as a Money Service Business around the world. The Corporation's electronic transaction infrastructure currently extends to approximately 97 countries worldwide. First Global's goal is to become the global leader in the mobile money and online financial transaction services sector.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements are detailed from time to time in the Corporation's periodic reports filed with the Ontario Securities Commission and other regulatory authorities. The Corporation has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

First Global Data Limited
Andre Itwaru
Chief Executive Officer and President
416.504.3813
416.504.7092 (FAX)
[e-mail]