Notification of Major Interest in Shares

+------------------------------------------------------------------------------+ |TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | +------------------------------------------------------------------------------+ +----------------------------------------------+-------------------------------+ |1. Identity of the issuer or the underlying | | |issuer | PayPoint Plc | |of existing shares to which voting rights are | | |attached: ii | | +----------------------------------------------+-------------------------------+ |2 Reason for the notification (please tick the appropriate box or boxes): | +----------------------------------------------------------------------+-------+ |An acquisition or disposal of voting rights | X | +----------------------------------------------------------------------+-------+ |An acquisition or disposal of qualifying financial instruments which | | |may result in the acquisition of shares already issued to which voting|   | |rights are attached | | +----------------------------------------------------------------------+-------+ |An acquisition or disposal of instruments with similar economic effect|   | |to qualifying financial instruments | | +----------------------------------------------------------------------+-------+ |An event changing the breakdown of voting rights |   | +----------------------------------------------------------------------+-------+ |Other (please specify):   |   | +--------------------------------------+-------------------------------+-------+ |3. Full name of person(s) subject to | | |the | Crystal Amber Fund Limited | |notification obligation: iii | | +--------------------------------------+---------------------------------------+ |4. Full name of shareholder(s) | HSBC Global Custody Nominee (UK) | |(if different from 3.):iv | Limited | +--------------------------------------+---------------------------------------+ |5. Date of the transaction and date on| | |which the threshold is crossed or | 2 March 2011 | |reached: v | | +--------------------------------------+---------------------------------------+ |6. Date on which issuer notified: | 3 March 2011 | +--------------------------------------+---------------------------------------+ |7. Threshold(s) that is/are crossed or| Below 3% | |reached: vi, vii | | +--------------------------------------+---------------------------------------+ +------------------------------------------------------------------------------+ |8. Notified details: | +------------------------------------------------------------------------------+ |A: Voting rights attached to shares viii, ix | +-------------+----------------------+-----------------------------------------+ |Class/type of|Situation previous |Resulting situation after the triggering | |shares |to the triggering |transaction | | |transaction | | |if possible +----------+-----------+---------+---------------+---------------+ |using |Number |Number |Number |Number of |% of  voting | |the ISIN CODE|of |of |of shares|voting |rights x | | |Shares |Voting | |rights | | | | |Ri hts +---------+------+--------+------+--------+ | | | |Direct |Direct|Indirect|Direct|Indirect| | | | | |xi |xii | | | +-------------+----------+-----------+---------+------+--------+------+--------+ |Ordinary | | | | | | | | |0.33p Shares |2,772,275 |2,772,275 |Below 3% |Below |  |Below |  | | | | | |3% | |3% | | |GB00B02QND93 | | | | | | | | +-------------+----------+-----------+---------+------+--------+------+--------+ +------------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +---------------+-----------+-------------------+----------------+-------------+ |Type of |Expiration |Exercise/ |Number of voting|% of voting | |financial |date xiii |Conversion Period |rights that may |rights | |instrument | |xiv |be | | | | | |acquired if the | | | | | |instrument is | | | | | |exercised/ | | | | | |converted. | | +---------------+-----------+-------------------+----------------+-------------+ |  |  |  |  |  | +---------------+-----------+-------------------+----------------+-------------+ +------------------------------------------------------------------------------+ |C: Financial Instruments with similar economic effect to Qualifying Financial | |Instruments xv, xvi | +------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +--------------+---------+----------+----------+----------------+--------------+ |Type of |Exercise |Expiration|Exercise/ |Number of voting|% of voting | |financial |price |date xvii |Conversion|rights |rights xix, xx| |instrument | | |period |instrument |  | | | | |xviii |refers to | | | | | | |  | | +--------------+---------+----------+----------+----------------+-------+------+ | | | | |  |Nominal|Delta | |  |  |  |  |  +-------+------+ | | | | | |  |  | +--------------+---------+----------+----------+----------------+-------+------+ +------------------------------------------------------------------------------+ |Total (A+B+C) | +-------------------------------------+----------------------------------------+ |Number of voting rights |Percentage of voting rights | +-------------------------------------+----------------------------------------+ |Below 3% |Below 3% | +-------------------------------------+----------------------------------------+ +--------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or| |the | |financial instruments are effectively held, if applicable: xxi | +--------------------------------------------------------------------------+ |  | +--------------------------------------------------------------------------+ +--------------------------------------------------------------------------+ |Proxy Voting: | +-------------------------------------------------+------------------------+ |10. Name of the proxy holder: |  | +-------------------------------------------------+------------------------+ |11. Number of voting rights proxy holder will | | |cease |  | |to hold: | | +-------------------------------------------------+------------------------+ |12. Date on which proxy holder will cease to hold|  | |voting rights: | | +-------------------------------------------------+------------------------+ +-----------------------------+--------------------------------------------+ | | | |13. Additional information: | | +-----------------------------+--------------------------------------------+ |14. Contact name: | Susan Court, Company Secretary - PayPoint | | | plc | +-----------------------------+--------------------------------------------+ |15. Contact telephone number:| 01707 600300 | +-----------------------------+--------------------------------------------+ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Paypoint plc via Thomson Reuters ONE [HUG#1494453]