Released on = April 2, 2007, 10:38 pm

Press Release Author = ACET Processing

Industry = Financial

Press Release Summary = Cape Town, 3 April 2007 - Metropolitan Card Operations
(MCO), a division of Metropolitan Holdings Limited, has successfully launched a
personal loans portfolio hosted by ACET Processing, the pre-eminent third party
processor in the Africa Middle East region.

Press Release Body = Metropolitan, one of the four largest life assurers in South
Africa, currently insures over 4 million customers and recently launched MCO
GoalLoan to this expanding customer base.

ACET's unique processing solution was selected by Metropolitan to host the loans
portfolio due to its broad offering of packaged and customised outsourced processing
solutions that are underpinned by system reliability and service excellence. The
ACET platform is built on First Data International's market-leading account
processing system, VisionPLUS®. In conjunction with VisionPLUS®, established ACET
Processing customers benefit from the use of Fair Isaac's account management
strategy software, TRIADT, thereby improving customer targeting and enabling
smarter, more effective use of operational resources.

Andrew Goodrich, Acting Chief Operating Officer at Metropolitan Card Operations,
comments, "MCO decided to outsource the account hosting and processing components to
ACET Processing because of the unique and specialist value they bring to the
partnership and due to the accelerated time to market of such an outsource
relationship. In terms of our partnership with ACET Processing, the elapsed time -
from project initiation to acceptance of the very first loan - was an impressive 4
months. Partnering with an organisation known for their specialist credit industry
and ICT expertise allowed MCO to concentrate on growing our new business, thereby
contributing significantly to the realisation of a competitive edge for our
company."

Mike Crawley, Director at ACET Processing, adds, "One of the strategic benefits of
outsourcing is that it allows a business to focus on core competencies by assigning
non-core functions to specialists in the field. By partnering with ACET,
Metropolitan benefit from the world's leading credit processing system, VisionPLUS®,
and the in-depth and specialist skills of our consultants at a competitive entry
point. The cost of maintaining in-house solutions whilst retaining scarce ICT
resources is highly prohibitive. By opting for an outsourced solution, Metropolitan
will leverage our expertise and technology to successfully meet their business
objectives and maintain a high level of service to their customers."

In order to remain cost-effective and competitive, most organisations are
considering outsourcing as a vital tool for taking new products to market and to
meet the ongoing, evolving needs of their consumer finance portfolios. ACET
Processing provides full customer and account processing services to retail credit
and financial services organisations.

About ACET Processing
With offices in Cape Town, Johannesburg and Dubai, ACET Processing offers clients
across the region access to both the VisionPLUS® account processing system and the
TRIADT account management solution. ACET Processing is jointly owned by PIC
Solutions, the largest credit risk management consultancy in the Southern Hemisphere
and First Data International. Through this unique combination of proven
state-of-the-art credit and risk systems, world-class third party processing
expertise and established customer management solutions, ACET Processing provides
clients across Africa and the Middle East with an unsurpassed range of services. For
more information, visit the ACET Processing website at www.ACETProcessing.com

Editorial Contact:
Mike Crawley
Director

Web Site = http://www.AcetProcessing.com

Contact Details = PIC Solutions
Birkdale I
River Park
Liesbeek Parkway
Mowbray
7700
South Africa
Tel: +27 (0)21 680-6000
Fax: +27 (0)21 680-6003
Email: Info@ACETProcessing.com