Transport Ticketing Contracts

PayPoint PLC
23 November 2005



23 November 2005

PayPoint announces three exclusive transport ticketing contracts

PayPoint plc, a leading UK cash payment collection network, today announces that
it has signed three exclusive contracts to sell bus tickets through its
terminals for the following companies:

   -     Greater Manchester Travelcards Ltd, a network including more than 50 bus
         operators operating under the brand System One Travel
   -     Metro Coastlines, the municipal bus and tram operator in Blackpool
   -     First York, a division of the national bus operator First

Greater Manchester Travelcards' multi-operator tickets are accepted by the
city's principal bus operators and provide customers with unlimited travel
within the Greater Manchester area. Approximately 1.3 million tickets are sold
annually resulting in around 13.5 million passenger bus journeys using System
One Travel each year.

Under this contract, PayPoint will initially sell weekly and monthly bus tickets
through its network of approximately 600 payment terminals in Greater Manchester
from February 1 2006.

Tickets are currently issued using handwritten tokens and switching to PayPoint
terminals will automate the sale of bus tickets, making it faster and more
efficient.

The Metro Coastlines contract will see PayPoint sell Travelcard and Zonecard bus
and tram tickets through around 55 outlets in the Blackpool area. Approximately
19 million passenger journeys are made each year using Metro Coastline's
services. Tickets will go on sale through PayPoint from 1 January 2006.

Finally, the First contract will see PayPoint sell a range of period and carnet
tickets through its network of 50 agents in the York area from 28 November 2005.

Approximately 13 million passenger journeys are made each year using First
York services. First is the largest bus operator in the UK, running more than 1
in 5 of all local bus services and carrying 2.8 million passengers every day.

Under all three contracts, customers will buy tickets using PayPoint's 'simple
ticketing' solution where transactions are initiated by the agent through the
PayPoint terminal's touch screen menu. Once the transaction is complete, the
customer's receipt is sealed within a laminated wallet to enhance its
durability, and the receipt then acts as the customer's ticket to travel.

The announcements come as bus operators across the country strive to increase
off-bus sales to improve driver security and shorten journey times by reducing
the amount of time required for passengers to board at each stop.

PayPoint is ideally placed to serve this demand with its nationwide network of
more than 14,000 terminal sites in newsagents, convenience stores, supermarkets,
petrol station forecourts and off licences located in residential areas.

In addition to PayPoint's 'simple ticketing' solution, it is also laying the
foundations for future growth within the sector by rolling out a new terminal
with an integrated contactless smart card reader, establishing it as the only
national smart card network within the UK.

Dominic Taylor, Chief Executive of PayPoint, said: 'We are delighted to be
announcing these further three contracts, which strengthen our position as the
leading payments solution provider in the transport sector.'


Enquiries

Finsbury                Don Hunter
                        020 7251 3801


About PayPoint

PayPoint is a leading branded payment collection network of over 14,000 outlets
used, primarily, for the cash payment of bills and services and prepayments for
mobile telephones and energy meters.

PayPoint began trading in 1996 and initially collected payments through its
network of retail agents for its founder client investors, who included British
Gas, BT, BBC TV Licensing, London Electricity (now part of EDF Energy) and four
water companies.

It now has more than 500 clients including many of the UK and Ireland's major
energy, cable, mobile and fixed line telephony companies. Its blue chip client
list also extends to numerous water companies, local authorities and housing
associations and a growing transport and travel base.

PayPoint listed on the London Stock Exchange in September 2004.





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