Holding(s) in Company

15 May 2008 17:26

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

PayPoint Plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

Jupiter Asset Management Limited

4. Full name of shareholder(s) (if different from 3.):

N/A

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

14 May 2008

6. Date on which issuer notified:

15 May 2008

7. Threshold(s) that is/are crossed or reached:

5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if Situation previous to the Triggering transaction possible using the ISIN CODE Number of shares Number of voting Rights Ordinary Share GB00B23K0M20 3,468,306 3,468,306

Resulting situation after the triggering transaction

Class/type of Number of shares Number of voting % of voting rights shares if possible rights using the ISIN CODE Direct Direct Indirect Direct IndirectOrdinary Share GB00B23K0M20 0 0 2,705,628 3.997% B: Financial Instruments

Resulting situation after the triggering transaction

N/ATotal (A+B)Number of voting % of voting rights rights 2,705,628 3.997%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

The shares will appear on the register in the following names:

Nortrust Nominees Limited - 2,603,372

State Street Nominees Limited - 102,256

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A13. Additional information:N/A14. Contact name:

Jupiter Asset Management Limited: Timothy Georghiou

PayPoint Plc: Kate Elsdon

15. Contact telephone number:

Jupiter Asset Management Limited: Timothy Georghiou - 020 7314 4915

PayPoint Plc: Kate Elsdon - 020 7592 8166

15 May 2008

END