Director/PDMR Shareholding

13 Jun 2008 16:05

PayPoint plc (the "Company")

13 June 2008

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING

THE COMPANY'S LONG-TERM INCENTIVE PLAN ("LTIP")

The Company announces the release of conditional share awards granted on 13 June 2005 under the Company's LTIP to its Executive Directors and PDMRs.

The Company has achieved upper quartile total shareholder return performance when measured against the designated comparator group over the three year performance period. Therefore in accordance with the rules of the LTIP 100% of the shares subject to the awards have been released. Accordingly on 13 June 2008 the Executive Directors and PDMR listed below became the legal and beneficial owners of the following Ordinary shares of the Company:

Executive Directors Number of Ordinary shares % Issued Share Capital Released George Earle 73,747 0.109 Dominic Taylor 103,407 0.153 Tim Watkin-Rees 61,723 0.091 PDMR Mark Astbury 24,549 0.036

The release of these Ordinary shares has resulted in a personal tax liability based on the value on their release.

On 13 June 2008 the Executive Directors and PDMR listed below disposed of the following Ordinary shares of the Company at a price of ‚£6.02 per share for the sole purpose of paying the tax on release of the awards.

Executive Directors Number of Ordinary shares % Issued Share Capital Sold George Earle 30,237 0.045 Dominic Taylor 42,397 0.063 Tim Watkin-Rees 25,307 0.037 PDMR Mark Astbury 10,066 0.015

The Executive Directors/PDMR total holdings under the LTIP following this award are set out below:

Executive Total LTIP following % of Issued Share Directors the Release Capital George Earle 103,510 0.153 Dominic Taylor 150,498 0.222 Tim Watkin-Rees 86,431 0.128 PDMR Mark Astbury 23,083 0.034

DEFERRED SHARE BONUS PLAN ("DSB")

Following the completion of the three year holding period, and the achievement of the required earnings per share growth, 100% of the Deferred Bonus Shares granted on 13 June 2005 have been released. Accordingly on 13 June 2008 the Executive Directors listed below became the legal and beneficial owners of the following Ordinary shares of the Company:

Executive Directors Number of Ordinary shares % Issued Share Capital Released George Earle 17,713 0.026 Dominic Taylor 20,243 0.030 Tim Watkin-Rees 14,170 0.021

The release of these Ordinary shares has resulted in a personal tax liability based on the value on their release.

On 13 June 2008 the Executive Directors listed below disposed of the following Ordinary shares of the Company at a price of ‚£6.02 per share for the sole purpose of paying the tax on release of the awards.

Executive Directors Number of Ordinary shares % Issue Share Capital Sold George Earle 7,263 0.011 Dominic Taylor 8,300 0.012 Tim Watkin-Rees 5,810 0.009 The Executive Directors' total holdings under the DSB following this award areset out below:Executive Total Bonus Shares Total Deferred % of Issued Share Directors Bonus Shares Capital George Earle 13,687 23,201 0.034 Dominic Taylor 16,306 27,639 0.041 Tim Watkin-Rees 11,436 19,386 0.029