Earthport Regulatory News (EPO)

18 November 2010

Earthport plc ("Earthport" or "Company)

Directorate Changes

Earthport plc, the global payments utility, announces that Mike Harrison, Non-Executive Chairman, is retiring from the Company with immediate effect and that Lance Browne, Non-Executive Vice Chairman, is also stepping down from the Board.

The Company is pleased to announce that Philip (Phil) Hickman has been appointed as Non-Executive Chairman and Terence (Terry) Williams has been appointed as a Non-Executive Director. Both of these appointments are with immediate effect.

Phil, aged 60, had a successful 32 year career with HSBC. Here he held various roles including Head of Developing Countries Division, Managing Director (Europe) for HSBC Global Payments & Cash Management and Head of Planning & Development (Commercial & Corporate) for HSBC Ltd. After leaving HSBC in 2001, Phil became Chief Executive Officer at Intelligent Processing Solutions Limited. In 2003, he left to become Director at PGH Business Solutions Limited, an independent consultancy focusing on numerous areas within business including payment systems, business process outsourcing and strategic development. Phil is a Non-Executive Director of Alfa Bank Holdings SA in Russia, a Non-Executive Director of Elephant Talk Communications Inc and Chairman of ValidSoft Limited.

Terry, aged 63, is currently Chairman of Calastone, the independent cross-border transaction network for the mutual funds industry. From 2002 to 2008 Terry was Chairman of Coexis Ltd, where he was instrumental in helping the business become a leading provider of technology solutions for the global securities markets. Terry founded Wilco, the computer services company offering open systems technology for the back office and modern development techniques for its 'Gloss' trading and settlement system. He was responsible for positioning Wilco as a global leader. In 1996 Wilco was acquired by ADP Ltd with Terry as the Chairman and CEO of the acquired business.

Hank Uberoi, Executive Directive of Earthport, said:

"Mike has been an asset to the Company during his six years with the business. During this time, Mike has played an important role in redeveloping the technology platform which is a critical segment of Earthport's proposition. I would like to take this opportunity to thank Mike for all of his work and wish him all the best.

"Lance's experience and guidance has been invaluable to the Company during an eventful period in Earthport's evolution. We thank him for all of his time and efforts, often from the other side of the world, since he joined in 2008.

"We are pleased to welcome Phil and Terry to the Board of Earthport. Their substantial experience in innovation within technology markets and the financial services industry will make them both exceptionally strong additions to our Board of Directors.

"Phil joins the Board with over thirty years of experience from the banking world including 15 years in global payments. His current involvement in the communications arena will also be invaluable to Earthport's continued evolution.

"Terry is a proven and successful entrepreneur with an in depth understanding of how to build businesses into successful and profitable companies. He also has a solid network of relationships with organisations that are very relevant to our future development."

Phil Hickman, new Non-Executive Chairman of Earthport, said:

"I am delighted to join this dynamic team at this exciting time in the Company's evolution and very much looking forward to contributing to its continuing success in the global payments sector."

Given the need to reflect the board changes in the accounts and AGM agenda, the annual results will be released next week with the above changes included.

- Ends -

For further information, please contact:

Philip George Hickman has held the following directorships during the last five years:

Phil Hickman does not hold any ordinary shares in the Company.

Terence John Williams has held the following directorships during the last five years:

Terence Williams holds 3,806,493 ordinary shares in the Company, and 681,818 warrants exercisable at 11p per share.

There is no further information under Schedule 2, paragraph (g) of the AIM Rules for Companies that is required to be disclosed.