AGM Statement

Optimal Payments Plc

("Optimal Payments" or the "Group")

AGM Statement

Wednesday 23 May 2012 - At the Annual General Meeting of Optimal Payments Plc (LSE: OPAY) being held later today in the Isle of Man, Dale Johnson, Chairman, will make the following statement:

"I am pleased to report that 2011 was a year of significant progress by Optimal Payments with excellent top line performance and strong growth in EBITDA. In 2011 revenues more than doubled from 2010 to $127.9 million and EBITDA rose 56% to $17.5 million.

The Group has started 2012 strongly and is currently trading in line with market expectations.

The Group's NETBANX Straight Through Processing ("STP") business has seen good growth in volumes processed in the first four months of 2012 compared to the same period in 2011, particularly from Asia, with a strong pipeline of business from both existing and newly signed merchants. The STP business now represents more than two thirds of Group revenues.

The NETELLER Stored Value business is performing in line with expectations following the completion of the platform investment programme and the consequent reduction in the cost base in Q1 2012. We are encouraged by an improvement in lead indicators for the NETELLER business including new sign ups and conversion rates for the year to date.

Partnership discussions with a number of leading international banks continue to progress well in both North America and Europe and the Group will update on developments in due course. The Lotus F1 Team partnership announced earlier this week is indicative of the success we plan to replicate in generating new business, whilst also raising the profile of the Group globally.

The Group's success could not have been achieved without the commitment of the executive management team and our employees, and I thank them for their efforts in 2011.

The Board is confident about the Group's prospects and outlook for the rest of 2012. I look forward to updating shareholders on the Group's progress at the time of our half year results."

For further information contact:

Optimal Payments Plc

Andrew Gilchrist, EVP Corporate Affairs Tel: + 44 (0) 7747 637 248

Email: [email protected] Tel: + 44 (0) 1624 698 713

Twitter: https://twitter.com/optimalpayments

Citigate Dewe Rogerson Tel: +44 (0) 207 638 9571

Angharad Couch / Priscilla Garcia

Canaccord Genuity Tel: +44 (0) 207 523 8000

Simon Bridges / Cameron Duncan

About Optimal Payments Plc

Trusted by businesses and consumers in over 180 countries to move and manage billions of dollars each year, Optimal Payments Plc is the leading payments company offering a true alternative to banks and card schemes. Merchants use the NETBANX® processing service to simplify how they accept and settle card, direct-from-bank, and cash payments; and the NETELLER® payment account to increase margins, capture new customers and increase their lifetime value. Being independent has allowed the company to support tens-of-thousands of retailers and merchants in many geographies and across multiple industries.

Optimal Payments Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Services Authority (FSA). For more information about Optimal Payments visit www.optimalpayments.com or subscribe at www.optimalpayments.com/feed.