Baydonhill relaunches as EarthportFX

5 July 2016

Earthport plc

("Earthport", the "Company" or the "Group")

Baydonhill relaunches as EarthportFX

Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, is pleased to announce that its subsidiary, Baydonhill, which was acquired in 2013, has re-launched as EarthportFX.EarthportFX will offer clients direct access to FX and payment services utilised by some of the largest and most sophisticated global banks and ecommerce businesses.The EarthportFX brand combines Baydonhill's extensive currency expertise with Earthport's industry-leading global network and payments technology. In a market where FX companies are local or regional, EarthportFX's global market connectivity stands alone.Peter Klein, an FX industry veteran, joined as Earthport's Global Head of FX five months ago. The relaunch of Earthport FX is a major step forward to drive synergy across the Earthport group in brand, service offering, and technical capability.Peter Klein, Global Head of FX, Earthport said: "This is a significant day in Earthport's evolution to become the leading cross-border payment company in the world. We are tremendously excited to announce the launch of EarthportFX and the ability to now offer our corporate clients and businesses the same benefits of access to a global payment network that Earthport's clients enjoy today."

For further information, please contact:

Earthport plc 020 7220 9700

Hank Uberoi, Chief Executive Officer

Simon Adamiyatt, Chief Financial Officer

Panmure Gordon (Nomad and Joint Broker) 020 7886 2500

Fred Walsh / Charles Leigh-Pemberton / Duncan Monteith

N+1 Singer (Joint Broker) 020 7496 3000

Shaun Dobson / James White

Shore Capital (Joint Broker) 020 7408 4090

Bidhi Bhoma / Toby Gibbs

Newgate Communications 020 7653 9848

Bob Huxford / Helena Bogle

About EarthportFX:

EarthportFX is part of the Earthport payment network. It helps businesses more efficiently manage their international transactions and take advantage of the limitless opportunities the world of global trade has to offer.

Through a selection of tailored payment solutions, EarthportFX provides a faster, cheaper and more reliable way to pay. With access to over 60 currencies and direct local payment capability in over 60 countries, businesses have the control and confidence to manage and grow their operations internationally, avoiding the fees, delays and complications typically associated with managing payments globally.

EarthportFX customers include importers, exporters, travel companies, manufacturers, online merchants, international service providers, universities and global investors. However any business that pays or receives money in foreign currencies could benefit from a service that goes 'Beyond FX'.

Combine that with expert service and the latest technology and you'll understand why we eclipse the traditional FX Model.

Discover how borderless payments could start adding value to your business today.

About Earthport

Earthport is a regulated financial institution providing cross-border payments services to banks, eCommerce providers, money transfer companies and payment aggregators. Earthport is headquartered in London with regional offices in New York, Miami, Dubai and Singapore. Earthport provides its clients with access to a global network of banking partners, through which payments are settled directly via local clearing to beneficiaries in over 60 countries. Earthport's worldwide network is revolutionising global payments, providing a more cost efficient, transparent and reliable solution to the industry. Through a single relationship, clients benefit from sophisticated validation, message transformation and compliance services, efficiently serving their customers with more innovative payment products. Earthport is a public company, traded on the London Stock Exchange (AIM: EPO) with an institutional investor base including World Bank IFC, Oppenheimer, Blackrock, Henderson. Please visit www.earthport.com for more information.