PayPoint welcomes NLC's provisional decision

PayPoint plc PayPoint welcomes the provisional decision to reject Camelot's  proposal to offer Ancillary Activities PayPoint plc ("PayPoint") welcomes the National Lottery Commission's announcement this morning of its provisional decision to reject Camelot's plan to offer ancillary activities, including mobile top ups, bill payments and other services, through its terminals. Dominic Taylor, Chief Executive of PayPoint, said: "This is a victory for local shops, including sub- post offices, whose earnings and footfall would be undermined by this proposal. Today's decision should protect vulnerable people from the increased temptation to gamble. "It would be entirely wrong if Camelot were to be allowed to exploit its monopoly position, and we are pleased that the National Lottery Commission has accepted the compelling arguments that the proposal would have distorted competition in the bill payments sector." Contact: Peter Brooker, PayPoint          01707 600300 Rollo Head/Don Hunter, Finsbury    020 7251 3801 [HUG#1432196] 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

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