MOL Global Receives NASDAQ Notification Regarding Minimum Bid Requirements

MOL Global, Inc.

("MOL" or the "Company"), a leading e-payment enabler for online goods and services in emerging and developed markets, announced today that it has received written notification (the "Notification Letter") from The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the NASDAQ Global Market. Nasdaq Listing Rule 5450(a)(1) requires listed primary equity securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's American Depositary Shares ("ADSs") for the 30 consecutive business days from August 21, 2015 to October 9, 2015, the Company no longer meets the minimum bid price requirement. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until April 4, 2016, to regain compliance with Nasdaq Listing Rule 5450(a)(1). To regain compliance, the Company's ADSs must have a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by April 4, 2016, the Company may be eligible for additional time to regain compliance. The Company intends to monitor the closing bid price of its ADSs between now and April 4, 2016 and intends to consider available options to cure the deficiency and regain compliance with the Nasdaq Listing Rule's minimum bid price requirement. The Notification Letter has no effect on the continuation of the listing and trading of the Company's ADSs during the 180 day grace period referred to above.