Trintech announces share split

Trintech Group PLC (Nasdaq: TTPA; Neuer Markt: TTP), a global provider of secure payment infrastructure solutions, announced today that its Board of Directors has authorized a one-for-four reverse split of its ADSs, in which one ADS will be exchanged for every four ADSs.

Trintech's stock will trade on a reverse split basis beginning at the opening of the market on Friday, May 24, 2002.