Director Shareholding

PayPoint PLC
27 September 2004

27th September 2004

Immediate Release

                          PayPoint plc ('the Company')

PayPoint plc announces that following the admission of its shares to
unconditional trading and in accordance with the Listing Particulars, the
Company has granted the following awards to its executive directors under the
Inland Revenue approved PayPoint plc Share Incentive Plan ('the Plan') on 24th
September 2004. The share awards were awarded at a price per share of £1.92 (the
admission price). As a result the executive directors of the Company have the
following interests as a result of their participation in the Plan:-


Executive Director     Face Value of        Number of      Total Number of
                     the Share Award (£)   Free Shares    Shares held in the 
                                                            Plan at 24th
                                                           September 2004

Dominic Taylor            £3,000              1562               1562
Tim Watkin-Rees           £3,000              1562               1562

The beneficial ownership of the Free Shares will pass to the directors in three
years' time subject to continued employment.

END


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