TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached:
PayPoint Plc
2. Reason for the notification (please place an X inside the
appropriate bracket/s):
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
INVESCO Limited
4. Full name of shareholder(s) (if different from 3.):
N/A
5. Date of the transaction (and date on which the threshold is
crossed or reached if different):
18 September 2008
6. Date on which issuer notified:
25 September 2008
7. Threshold(s) that is/are crossed or reached:
25%, 26%
8. Notified details:
A: Voting rights attached to shares
+-------------------------------------------------------------------+
| Class/type of shares if | Situation previous to the Triggering |
| possible using the ISIN | transaction |
| CODE | |
|----------------------------+--------------------------------------|
| Ordinary 0.33P Shares | Number of shares | Number of voting |
| GB00B02QND93 | | Rights |
|----------------------------+-------------------+------------------|
| | 17,009,536 | 17,009,536 |
| | | |
+-------------------------------------------------------------------+
Resulting situation after the triggering transaction
+-------------------------------------------------------------------+
| Class/type of | Number | Number of voting | % of voting |
| shares if | of | rights | rights |
| possible using | shares | | |
| the ISIN CODE | | | |
|----------------+--------+---------------------+-------------------|
| Ordinary 0.33P | Direct | Direct | Indirect | Direct | Indirect |
| Shares | | | | | |
| GB00B02QND93 | | | | | |
|----------------+--------+--------+------------+--------+----------|
| | | | 17,731,200 | | 26.18% |
+-------------------------------------------------------------------+
B: Financial Instruments
Resulting situation after the triggering transaction
N/A
Total (A+B)
+----------------------------------------------+
| Number of voting rights | % of voting rights |
|-------------------------+--------------------|
| 17,731,200 | 26.18% |
+----------------------------------------------+
9. Chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held, if applicable:
The shares will appear on the register in the following names:
Brown Brothers Harriman (New Jersey) - 7,000
Bank of Ireland (Dublin) - 128,850
JP Morgan Chase - 370,381
Citibank - 15,280,324
HSBC Bank (London) - 270,619
Melon Bank, Pittsburgh - 124,541
State Street Trust & Banking Co (London) - 1,358,050
Northern Trust Company (London) - 191,435
Proxy Voting:
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
N/A
14. Contact name:
INVESCO Limited: Sam Edwards
PayPoint Plc: Kate Elsdon, Capita Company Secretarial Services
15. Contact telephone number:
INVESCO Limited: Sam Edwards - 01491 416381
PayPoint Plc: Kate Elsdon - 020 7592 8166
26 September 2008
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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