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:
Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.):
Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction (and date on which the threshold is
crossed or reached if different):
01 October 2008
6. Date on which issuer notified:
02 October 2008
7. Threshold(s) that is/are crossed or reached:
From 4% - 3% (L&G)
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 | Number of shares | Number of voting |
| GBP 0.0033 | | Rights |
|----------------------------+-------------------+------------------|
| | 2,738,330 | 2,738,330 |
| | | |
+-------------------------------------------------------------------+
Resulting situation after the triggering transaction
+-------------------------------------------------------------------+
| Class/type | Number of | Number of voting | % of voting |
| of shares | shares | rights | rights |
| if | | | |
| possible | | | |
| using the | | | |
| ISIN CODE | | | |
|------------+-----------+----------------------+-------------------|
| Ordinary | Direct | Direct | Indirect | Direct | Indirect |
| GBP 0.0033 | | | | | |
|------------+-----------+-----------+----------+--------+----------|
| | 2,689,257 | 2,689,257 | 0 | 3.97 | |
+-------------------------------------------------------------------+
B: Financial Instruments
Resulting situation after the triggering transaction
N/A
Total (A+B)
+---------------------------------------+
| Number of voting | % of voting rights |
| rights | |
|------------------+--------------------|
| 2,689,257 | 3.97 |
+---------------------------------------+
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:
Legal & General Group Plc (Direct and Indirect) (Group)
Legal & General Investment Management (Holdings) Limited (LGIMH)
(Direct and Indirect)
Legal & General Investment Management Limited (Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (2,689,257 - 3.97% = LGAS,
LGPL & PMC)
Legal & General Investment Management (Holdings) Limited (Direct)
(LGIMHD)
Legal & General Insurance Holdings Limited (Direct) (LGIH)
Legal & General Assurance (Pensions Management) Limited (PMC)
Legal & General Assurance Society Limited (LGAS & LGPL)
Legal & General Pensions Limited (Direct) (LGPL)
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:
Notification using the total voting rights figure of 67,705,116
14. Contact name:
Legal & General Investment Management Limited: Helen Lewis
PayPoint Plc: Kate Elsdon
15. Contact telephone number:
Legal & General Investment Management Limited: Helen Lewis - 020 3124
3851
PayPoint Plc: Kate Elsdon - 020 7592 8166
03 October 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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