Holding(s) in Company

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                                   |            Invesco Limited            |
|notification obligation: iii          |                                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |                                       |
|(if different from 3.):iv             |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |           29 December 2009            |
|reached: v                            |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |           30 December 2009            |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|               26%, 27%                |
|reached:vi, vii                       |                                       |
+--------------------------------------+---------------------------------------+

+-----------------------------------------------------------------------------------+
|8. Notified details:                                                               |
+-----------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix                                       |
+------------+----------------------+-----------------------------------------------+
|Class/type  |Situation previous    |Resulting situation after the triggering       |
|of          |to the triggering     |transaction                                    |
|shares      |transaction           |                                               |
|            +----------+-----------+----------+--------------------+---------------+
|if possible |Number    |Number     |Number    |Number of voting    |% of  voting   |
|using       |of        |of         |of shares |rights              |rightsx        |
|the ISIN    |  ares    |V ting     +----------+--------+-----------+------+--------+
|CODE        |          |Rights     |Direct    |Directxi|Indirectxii|Direct|Indirect|
+------------+----------+-----------+----------+--------+-----------+------+--------+
|Ordinary    |          |           |          |        |           |      |        |
|0.33p Shares|17,731,200|17,731,200 |          |        |18,272,115 |      |27.00%  |
|            |          |           |          |        |           |      |        |
|GB00B02QND93|          |           |          |        |           |      |        |
+------------+----------+-----------+----------+--------+-----------+------+--------+

+-----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                                |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                               |
+--------------+----------+---------------------+---------------------+-------------+
|Type of       |Expiration|Exercise/            |Number of voting     |% of voting  |
|financial     |datexiii  |Conversion Periodxiv |rights that may be   |rights       |
|instrument    |          |                     |acquired if the      |             |
|              |          |                     |instrument is        |             |
|              |          |                     |exercised/ converted.|             |
+--------------+----------+---------------------+---------------------+-------------+
|              |          |                     |                     |             |
+--------------+----------+---------------------+---------------------+-------------+

+-----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial      |
|Instrumentsxv, xvi                                                                 |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                               |
+-------------+---------+----------+-----------+---------------------+--------------+
|Type of      |Exercise |Expiration|Exercise/  |Number of voting     |% of voting   |
|financial    |price    |datexvii  |Conversion |rights instrument    |rightsxix, xx |
|instrument   |         |          |periodxviii|refers to            |              |
|             |         |          |           |                     |              |
+-------------+---------+----------+-----------+---------------------+-------+------+
|             |         |          |           |                     |Nominal|Delta |
|             |         |          |           |                     +-------+------+
|             |         |          |           |                     |       |      |
+-------------+---------+----------+-----------+---------------------+-------+------+

+-----------------------------------------------------------------------------------+
|Total (A+B+C)                                                                      |
+------------------------------------+----------------------------------------------+
|Number of voting rights             |Percentage of voting rights                   |
+------------------------------------+----------------------------------------------+
|18,272,115                          |27.00%                                        |
+------------------------------------+----------------------------------------------+

+--------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or|
|the                                                                       |
|financial instruments are effectively held, if applicable:xxi             |
+--------------------------------------------------------------------------+
|Brown Brothers Harriman (New Jersey) – 6,805                              |
|Bank of Ireland – 125,646                                                 |
|Bank of New York – 16,126,404                                             |
|JP Morgan Chase – 75,822                                                  |
|HSBC Bank Plc (London) – 270,619                                          |
|Mellon Bank, Pittsburgh – 117,334                                         |
|State Street Trust & Banking Co (London) – 1,358,050                      |
|Northern Trust Company (London) – 191,435                                 |
+--------------------------------------------------------------------------+

+--------------------------------------------------------------------------+
|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:            |              Samantha Edwards              |
+-----------------------------+--------------------------------------------+
|15. Contact telephone number:|                01491 416381                |
+-----------------------------+--------------------------------------------+



[HUG#1369449]