Earthport partners with Bank of The Bahamas

18 July 2016

Earthport plc

("Earthport" or the "Company")

Earthport partners with Bank of The Bahamas for disbursement of payments into The Bahamas

The cross-border payments service provider expands its reach into the Caribbean for fast, secure and cost effective international payments

Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, is pleased to announce that it has partnered with Bank of The Bahamas Limited, to provide local payment capability into The Bahamas.

Through this new partnership Earthport will help support the efficient, secure and cost effective payment services into the country and further strengthen payment capability into the Caribbean.

Currently, this market is only available for financial institution clients due to a condition of Earthport's regulatory approval in the Bahamas.

Earthport enables clients access to fast, secure and cost effective payments to over 60 countries globally, through a single contract, a single technical integration and a single service relationship.

Sajeev Viswanathan, President Global Strategy, Earthport said: "We are delighted to be partnering with Bank of The Bahamas to provide local payment services into The Bahamas. The addition of this market into our global payment network enables us to service the growing demand for payment services to the Caribbean region. We look forward to working together to deliver payment services to our growing global client base."

Hubert Edwards, Chief Business Development Officer, Bank of The Bahamas Limited said: "Earthport is revolutionizing the cross-border payments industry globally and we are excited to be a part of this revolution. We welcome this unique opportunity and anticipate a synergistic relationship with many benefits for our local and international clients."

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

Newgate (Investor Relations)

Bob Huxford / Helena Bogle 020 7653 9850

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.

About Bank of the Bahamas Limited

The bank was founded in 1970 and today has a presence in eight islands with 13 branches. Its assets stood at $811 USD Million as of June 30, 2015 with shareholder equity at $90 million.

Bank of The Bahamas' innovative operations has a record of firsts in the country. It was the first bank to provide trust services for Bahamians, first to offer full, comprehensive online banking complete with cheque imaging, first to provide immediate cash value deposits at ATMs and first to offer pre-paid and gift cards.

Bank of the Bahamas is the only bank to win Euromoney's Best Bank award four times and The Banker's Bracken Award for Excellence three times, seven times the country's best bank by two major international reviews.

For more information please visit https://www.bankbahamas.com