NetSpend Holdings Announces Share Distribution by Investment Funds

NetSpend Holdings, Inc.

, a leading provider of general-purpose reloadable (

) prepaid debit cards and related financial services, has been advised that Oak Investment Partners X, Limited Partnership and Oak X Affiliates Fund, Limited Partnership have distributed an aggregate of 11,219,355 shares of the Company previously owned by them to their limited partners and the equityholders of their respective general partners. The amount distributed by the Oak funds represents approximately one third of their holdings in the Company.