text: On Febru a ry 25, 2000 the Company entered into two subscription agreements for the sale of an aggregate of 650,000 new common shares of the 
  C o m p a n y. Closing under those agreements took place on March 13, 2000. These agreements were signed with certain accredited investors in 
  transactions exempt from registration under the exemptions provided in Section 4(2) and Regulation D of the Act. The purchase price of each 
  s h a re was $6.615, which re p resents ninety percent of the average closing price for the ten trading days prior to and including Febru a ry 15, 2000. 
  The aggregate amount of proceeds to the Company from the private placement was $4.3 million. Under each of the agreements, for each two 
  s h a res of common stock purchased in the private placement, the purchasers were issued one warrant to purchase a share of Euronet common 
  stock at an exercise price of $11.615, expiring in each case on the one year anniversary date of the subscription agreement. 
  
  In April 2000 the Company entered into two separate subscription agreements for the sale of an aggregate of 354,777 new common shares of the 
  C o m p a n y. Of the total new shares, closing with respect to 254,777 shares took place on April 10, 2000, and closing with respect to 100,000 share s 
  took place on May 4, 2000. These agreements were signed with certain foreign persons in transactions exempt from registration under the 
  exemption provided in Regulation S of the Act. The weighted average purchase price of each share was $7.50. The aggregate amount of pro c e e d s 
  to the Company from the private placement was $2.7 million. Under each of the agreements, for each two shares of common stock purchased in 
  the private placement, the purchaser was issued one warrant to purchase a share of Euronet common stock at a weighted average exercise price of 
  $12.50, expiring in each case on the one year anniversary date of the subscription agreement. 