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BLUE LABEL INTEGRATED ANNUAL REPORT 2014

GLOSSARY

Word

Definition

Aadhaar

The 12-digit ID card, issued by the Unique Identification Authority of India (UIDAI)

Act/the Act/Companies

Act

Companies Act, No 71 of 2008, as amended from time to time

ADR

American Depository Receipts

AEON

Blue Label's proprietary switch through which all transactional capability is accessed

AEON EVD

The Aeon Electronic Voucher Distribution platform is a central repository in which

electronic (or virtual) stock is housed. It gets referenced by other internal platforms

like EVMS, AMS and AEON

APS

Africa Prepaid Services

APSN

Africa Prepaid Services Nigeria

ARCC

Audit, Risk and Compliance Committee

ARPU

Average revenue per user

B2B

Business-to-business, a commercial transaction between businesses

B2C

Business-to-consumer, a commercial transaction between a business and a

consumer

badly banked

See under-banked

B-BBEE

Broad-based black economic empowerment

BLD

Blue Label Distribution Proprietary Limited

BLDS

Blue Label Data Solutions Proprietary Limited

BLE

Blue Label Engage Proprietary Limited

BLM

Blue Label Mexico S.A. de C.V.

BLT

Blue Label Telecoms Limited

Blue Label/Blue Label

Telecoms

Blue Label Telecoms Limited

BoBo

Bill on Behalf of

BOD

Board of directors

BPO

Business Process Outsourcing