Interim Management Statement

PayPoint plc
Interim Management Statement
14 February 2008

The board is pleased  to report on  events, transactions and  trading
since the interim results.

Over the  period,  key contracts  were  signed or  renewed  and  good
progress  made  on  business   initiatives  to  expand  our   product
offering.  The reorganisation and restructuring of the newly acquired
internet payment and Romanian businesses are proceeding well.


Performance(1) for the period  from 30 September  2007 to 27  January
2008(2) and financial position1 as at 27 January 2008(3)

Terminal sites have increased by 756 since the half year from  22,624
(including 3,607 in Romania) to 23,380 (including 3,899 in  Romania).
Transactions processed  for  the  period were  171  million,  up  13%
compared to 152 million for the same period last year.  Revenues  for
the period were £72m, up 27%.

Earnings are in line with market expectations.

After the payment of the interim  dividend of £3.6 million, net  cash
at 27 January was £20 million  (including client cash of £8  million)
compared to £16 million (including client  cash of £8 million) at  30
September 2007.

1 PayPoint's auditors have not been requested to review the
performance or financial position
2 Comparative data is given for the similar 17 week period last year
(i.e. 2 October to 28 January 2007)
3 Comparative data is given as at 28 January 2007


ABOUT PAYPOINT

PayPoint is the leading cash and internet payments company in the  UK
and Ireland, handling  in excess of  £6 billion in  over 470  million
transactions annually for more than 5,000 clients and merchants.  The
company operates with several payment networks:

*        The PayPoint branded retail network numbers over 19,400
  terminal outlets located in local shops (including Co-op, Spar,
  Costcutter, Sainsburys Local, One Stop, Londis and thousands of
  independents) in all parts of the UK and Ireland. Terminals handle
  gas and electricity meter prepayments, cash bill payments, mobile
  phone top-ups, transport tickets, London Congestion charges, BBC TV
  licences and a wide variety of other payment types for all of the
  leading utilities, telecommunications suppliers and many consumer
  service companies. This network is used by consumers, free of
  charge, 8 million times a week. The network has 97.3% population
  cover on a 1 mile urban or 5 miles rural measure;
*        Additionally there are over 2,000 Multiple retailer
  connections into the electronic till systems of outlets in the UK
  including BP, Somerfield and Superdrug for mobile top-ups and
  selected payments from the PayPoint range;
*        The PayPoint ATM network has over 1,950 'LINK' branded
  machines across the UK, also typically in convenience stores;
*        PayPoint.net (combining Metacharge and SECPay), provides
  secure credit and debit card payments for over 4,500 web merchants
  linking into all the major UK acquiring banks; and
*        PayPoint International acquired a Romanian mobile top-up
  operator in May 2007 to which a bill payment service will be added,
  emulating the UK branded retail network. PayPoint International
  also operates Irish bill payment and top-up services.

PayPoint floated on the London  Stock Exchange in September 2004  and
the company's  market capitalisation  at 12  February 2008  was  £420
million. PayPoint currently holds a Queen's Award for Enterprise  and
is widely recognised for its leadership in prepayment systems,  smart
technology and consumer service.



Enquiries:

PayPoint
plc
01707 600300
Dominic Taylor, Chief Executive
George Earle, Finance Director

Finsbury
020 7251 3801
Rollo Head
Don Hunter

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