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Resignation of Auditor


GSTechnologies Limited (LSE: GST), the fintech company, announces that Elderton Audit Pty Ltd ("Elderton") have resigned as auditors to the Company. In their resignation letter Elderton have stated, inter alia:

"There has been a change in Elderton's strategy after demise of our Managing Director Nicholas Hollens earlier this year, as a result of which, it has been decided that Elderton will only be focusing on local Australian audits."

The Company is in the process of appointing a replacement auditor and a further announcement will be made in due course. Any new auditor appointment will be subject to the approval by shareholders at the next Annual General Meeting of the Company.

Enquiries:

The Company

Tone Goh, Executive Chairman

+65 6444 2988

Financial Adviser

VSA Capital Limited

+44 (0)20 3005 5000

Simon Barton / Pascal Wiese


Broker

OvalX

+44 (0)20 7392 1400

Tom Curran / Thomas Smith

Financial PR & Investor Relations

IFC Advisory Limited

Tim Metcalfe / Graham Herring / Florence Chandler

+44 20 (0) 3934 6630

gst@investor-focus.co.uk

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