Manama – Kingdom of Bahrain, April 17, 2006

AFS has appointed Mr. Martin Williamson as the new Head of Business Development for the organization. Martin brings with him a wealth of international knowledge gained over his 20 year career in leading successful sales teams especially in the payment industry. This enables the organization to continue building a successful business development team.

Mr. Rasool Hujair commented, "In his role as the Head of Business Development, Martin will lead the company’s efforts in achieving one of our major long term strategic initiatives of the company, by building a strong brand backed by robust sales and marketing capabilities. This appointment is another major step in our revitalization plan and the fulfillment of our vision of becoming the region's most respected and trusted provider of electronic payments and consumer-finance outsourcing services."

Martin held a number of senior management positions including Vice President of Sales and Marketing at Eontec, Sales Director at ACI Worldwide and General Manager at NBS International. Having worked with banks, retailers and processing companies in over 50 countries, he brings valuable international experience to AFS.

"We're delighted to appoint Martin to this position," added Mr. Rasool Hujair. "With his extensive investment experience and leadership abilities demonstrated over the course of his 20-years career, we are confident that he will apply the same passion and vision to his new role as Head of our Business Development. I have no doubt that he will help advance our position as the leading region’s company for electronic banking, personal payment instruments and related services."