Mr. Nabil Bader reports

MINT ANNOUNCES LATE FILING OF ANNUAL FINANCIAL STATEMENTS

Mint Technology Corp. will be late in filing its annual financial statements, management discussion and analysis, and related chief executive officer and chief financial officer certificates for its fiscal year ended Dec. 31, 2012. The year-end filings are required to be filed no later than April 30, 2013. The audit of the company's subsidiaries in the United Arab Emirates (UAE) is substantially complete at a fieldwork level and is now subject to final review before sign off. The company's auditors in Toronto have substantially completed their review of the UAE auditors' work papers and are now reviewing their own work in relation to the company's North American operations and at the consolidated level. The company is working toward a filing date on or before May 15, 2013.

As described in its press release of April 19, 2013, Mint has requested that its principal regulator, the Ontario Securities Commission, issue a management cease trade order that prohibits the CEO, CFO and board of directors of the company from trading in securities of Mint until the year-end filings have been filed. The issuance of a management cease trade order would not affect the ability of persons who are not directors, officers or other insiders to trade Mint shares.

Except as set out above, there are no changes to be disclosed under the alternative reporting guidelines set out in National Policy 12-203.