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Paypoint plc (PAY)

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Wednesday 15 November, 2006

Paypoint plc

Complete release: PayPoint signs biggest-ever s...






PayPoint win contract with supermarket chain Somerfield

PayPoint, the  UK's most  recognised  payment collection  brand,  has
signed its biggest ever contract with a supermarket chain. The  three
year agreement with Somerfield will enable PayPoint to provide mobile
phone electronic top-ups through their  till systems in the  majority
of stores across the country from November 2006.

This will  extend  PayPoint's current  relationship  with  Somerfield
which consists of  providing full service  PayPoint terminals in  297
stores across the  UK, where  customers can make  bill payments,  pay
their TV  licences and  top  up their  mobile phones,  amongst  other
services.

Dominic Taylor, PayPoint Chief Executive, commented:
"We are  delighted  to be  extending  our existing  association  with
Somerfield. It is another great win for PayPoint and we look  forward
to more opportunities where we can work together."

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Enquiries:

Finsbury                                 020 7251 3801

Rollo Head
Don Hunter

Notes to Editor:
PayPoint is  a  leading payment  collection  network of  over  16,000
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  700  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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