Agreement with Bank of America

Earthport Agrees to Provide Low-Value Cross-Border Payment Services to Bank of America, N.A.

London, UK, December 10, 2012 - Earthport, a leading provider of cross-border payment services, today announced an agreement with Bank of America, N.A., a subsidiary bank of Bank of America Corporation (NYSE:BAC) that will enable Bank of America, N.A. to expand its low-value cross-border payments service. Bank of America, N.A. has integrated the Earthport service to complement the bank's existing solutions. The initial service is expected to go live before the end of calendar 2012.

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About Earthport

Earthport plc, a regulated global financial services organisation, specialises in the provision of a white label cross-border payments service.

Through its innovative payments framework, specifically designed for high volumes of low value cross-border payments, Earthport provides a cost-effective and transparent service for secure international payments. Earthport's customers include banks, foreign exchange businesses, money transfer organisations, payment aggregators and e-commerce businesses. Through Earthport's well established payments infrastructure, customers can clear and settle payments directly to banked beneficiaries in over 50 countries.

The company is headquartered in London and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. It operates globally with additional regional offices in Dubai and New York. Earthport plc is authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services. To learn more, please visit www.earthport.com and follow us on Twitter @Earthport.