Holding(s) in Company

PayPoint PLC
09 February 2005


PayPoint plc


9 February 2005


                                 SCHEDULE 10


                      NOTIFICATION OF MAJOR INTERESTS IN SHARES



1.


Name of company


PayPoint plc


2.


Name of shareholder having a major interest


Troy Asset Management Limited


3.


Please state whether notification indicates that it is in respect of holding of

the shareholder named in 2 above or in respect of a non-beneficial interest or

in the case of an individual holder if it is a holding of that person's spouse

or children under the age of 18


A non-beneficial interest


4.


Name of the registered holder(s) and, if more than one holder, the number of

shares held by each of them


Adam & Company Nominees, a/c Troy


5.


Number of shares/amount of stock acquired


Nil


6.


Percentage of issued class


Nil


7.


Number of shares/amount of stock disposed


Nil


8.


Percentage of issued class


Nil


9.


Class of security


Ordinary shares of 0.33 pence


10.


Date of transfer


27 January 2005


11.


Date company informed


7 February 2005


12.


Total holding following this notification


9,096,183


13.


Total percentage holding of issued class following this notification


13.5%


14.


Any additional information


The beneficial owner of the shares remains the Executors of Lord Weinstock
Deceased. Troy will continue to receive advice regarding this investment from
Prospect Investment Management Limited.


15.


Name of contact and telephone number for queries


Susan Court - 01707 600316


16.


Name and signature of authorised company official


responsible for making this notification


Susan Court


Date of notification 9 February 2005











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