PAYPONT WELCOMES THE PROVISIONAL DECISION TO REJECT CAMELOT'S PROPOSAL TO OFFER ANCILLARY ACTIVITIES 16 July 2010 PayPoint plc (“PayPoint”) welcomes the National Lottery Commission’s announcement this morning of its provisional decision to reject Camelot’s plan to offer ancillary activities, including mobile top ups, bill payments and other services, through its terminals. Dominic Taylor, Chief Executive of PayPoint, said: “This is a victory for local shops, including sub- post offices, whose earnings and footfall would be undermined by this proposal. Today’s decision should protect vulnerable people from the increased temptation to gamble. “It would be entirely wrong if Camelot were to be allowed to exploit its monopoly position, and we are pleased that the National Lottery Commission has accepted the compelling arguments that the proposal would have distorted competition in the bill payments sector.” Contact: Peter Brooker, PayPoint 01707 600300 Rollo Head/Don Hunter, Finsbury 020 7251 3801 |