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:
Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.):
Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction (and date on which the threshold is
crossed or reached if different):
01 October 2008
6. Date on which issuer notified:
02 October 2008
7. Threshold(s) that is/are crossed or reached:
From 4% - 3% (L&G)
8. Notified details:
A: Voting rights attached to shares
+-------------------------------------------------------------------+
| Class/type of shares if | Situation previous to the Triggering |
| possible using the ISIN | transaction |
| CODE | |
|----------------------------+--------------------------------------|
| Ordinary | Number of shares | Number of voting |
| GBP 0.0033 | | Rights |
|----------------------------+-------------------+------------------|
| | 2,738,330 | 2,738,330 |
| | | |
+-------------------------------------------------------------------+
Resulting situation after the triggering transaction
+-------------------------------------------------------------------+
| Class/type | Number of | Number of voting | % of voting |
| of shares | shares | rights | rights |
| if | | | |
| possible | | | |
| using the | | | |
| ISIN CODE | | | |
|------------+-----------+----------------------+-------------------|
| Ordinary | Direct | Direct | Indirect | Direct | Indirect |
| GBP 0.0033 | | | | | |
|------------+-----------+-----------+----------+--------+----------|
| | 2,689,257 | 2,689,257 | 0 | 3.97 | |
+-------------------------------------------------------------------+
B: Financial Instruments
Resulting situation after the triggering transaction
N/A
Total (A+B)
+---------------------------------------+
| Number of voting | % of voting rights |
| rights | |
|------------------+--------------------|
| 2,689,257 | 3.97 |
+---------------------------------------+
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:
Legal & General Group Plc (Direct and Indirect) (Group)
Legal & General Investment Management (Holdings) Limited (LGIMH)
(Direct and Indirect)
Legal & General Investment Management Limited (Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (2,689,257 - 3.97% = LGAS,
LGPL & PMC)
Legal & General Investment Management (Holdings) Limited (Direct)
(LGIMHD)
Legal & General Insurance Holdings Limited (Direct) (LGIH)
Legal & General Assurance (Pensions Management) Limited (PMC)
Legal & General Assurance Society Limited (LGAS & LGPL)
Legal & General Pensions Limited (Direct) (LGPL)
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/A
13. Additional information:
Notification using the total voting rights figure of 67,705,116
14. Contact name:
Legal & General Investment Management Limited: Helen Lewis
PayPoint Plc: Kate Elsdon
15. Contact telephone number:
Legal & General Investment Management Limited: Helen Lewis - 020 3124
3851
PayPoint Plc: Kate Elsdon - 020 7592 8166
03 October 2008
END
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