NOTICE OF EXTRAORDINARY GENERAL MEETING 9 JANUARY 2009

Notice is hereby given that an Extraordinary General Meeting of PSI
Group ASA will be held on 9 January 2009 at 1100 hrs (CET). Based on
the desire to strengthen the Board of Directors further with
expertise within international sales and retail the company's
Election Committee suggests that Svein S. Jacobsen (57) and Guri
Kogstad (47) are elected as new members of the Board, as Mats-Olof
Ljungkvist and Annika Sten Pärson are stepping down. At the same time
the Board of Directors proposes that Patrick Sandahl (Dyvi Invest AS)
and Knut Harald Nilsson (Skagen Funds) are elected as new members of
the Election Committee. This is done to ensure that the major
shareholders are represented in the Election Committee. In addition,
the Board suggests a new and expanded authorisation for acquiring own
shares.

- On behalf of the company's Board and the shareholders, we are very
pleased to propose both Svein S. Jacobsen and Guri Kogstad as new
Board members as both represent the very best of experience-based
expertise within PSI's core business operations. On this basis we
expect them to be able to contribute significantly in relation to
both sales and growth development of PSI both in Scandinavia and
globally going forward. The intention is that involvement will be
significant - with an active role in the company's ongoing global
expansion. Based on the very good development PSI currently is
experiencing within all areas, this form a strong basis for
successful growth and further internationalization in the future,
comments Leif Flemming Bakke, Chairman of PSI Group.

Svein S. Jacobsen has been Group CEO of Tomra ASA for nearly ten
years - during a period where the company expanded substantially -
and currently he serves as Board Member of a several companies,
including Orkla ASA, Expert AS, Think Global AS, Vensafe ASA and
Nordea Bank AB. Guri Kogstad has experience from NorgesGruppen/Kiwi
and EFTA - and currently she serves as Board Member of Vensafe ASA.

The Extraordinary General Meeting is being held 9 January 2009 at
1100 hrs (CET) in PSI's offices at Rælingen outside Oslo. For more
information, please see the enclosed notice and the attachments.

For additional information please contact:

Leif Flemming Bakke
Chairman of PSI Group ASA
Phone +47 907 22 200

Facts about PSI Group
PSI Group is a leading global provider of closed cash handling
solutions in the society and provider of retail technology for
improving the efficiency of price, goods and consumer information in
selected geographical areas.

PSI Group is head quartered in Rælingen (Norway) and employs around
360 staff in Scandinavia and Europe. The company is listed on the
Oslo Stock Exchange and Nasdaq OMX in Stockholm.

For more information, see www.psigroup.eu or www.psi.no.