PayPal to Expand Dublin Operations Center
May 28, 2008

DUBLIN, Ireland & SAN JOSE, Calif.--PayPal today announced plans to move its Dublin operations center to the Ballycoolin Business Park in Blanchardstown. PayPals Dublin operations center houses PayPal's European customer service, operations and fraud prevention functions.

There are nearly 900 employees at the current Dublin facility. The new facility holds up to approximately 1250 desks, and will better support PayPal as it continues to grow its European operations.

Since opening its Dublin operations center in late 2003, PayPal has enjoyed rapid growth and expansion, said Craig Hathaway, director, PayPal Europe Customer Support and Operations. With its highly skilled workforce, its clear that the Dublin area is a great home for PayPal, and were proud to continue to support the local community.

In 2003 PayPal and eBay chose the city of Dublin as the location for its business center after an extensive evaluation process of several European cities. Company officials selected Dublin for its talented and experienced work force, particularly in the technical and financial services industry, and for its strong business and technology infrastructure.

PayPal worked with HT Meager OReilly, a Dublin-based Real Estate and Property Consultancy, to select the property and develop the terms of the lease. PayPal hopes to begin moving to its new home in Q4 2008.

About PayPal

PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay without sharing financial information and gives consumers the flexibility to pay in any way they prefer, including through credit cards, bank accounts or account balances. With more than 60 million active accounts in 190 markets and 17 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company. More information about the company can be found at https://www.paypal.com.

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