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5/29/2012

Planet Payment, Inc. Directors’ Option Grants

Planet Payment, Inc. (UK: LSE: AIM: PPT and PPTR; USA: OTCQX: PLPM), a leading provider of international payment processing and multi-currency processing services, announces that on 24 May 2012 the Company granted the following options exercisable into Common Shares in the Company of $0.01 par value (“Options”), to the following Directors of the Company. This is the annual grant made to directors in accordance with the Company’s Compensation Policy for Non-Employee Directors, pursuant to the Company's 2006 Equity Incentive Plan.

Director	No. of Shares
Lady Judge	40,000
Jon Kaiden	40,000
Shane Kim	40,000
Cameron McColl	40,000

The Exercise Price of the Options is $3.27 per share (approximately £2.08), which is equivalent to the closing price of PPTR stock on AIM on 24 May 2012. The Options vest over one year from 11 May 2012 and have a life of 10 years from 24 May 2012, in both cases subject to continuation in office. This announcement is made in accordance with Rule 17 of the AIM Rules for Companies.

-ends-

Enquiries to:

Planet Payment, Inc. Graham N. Arad, SVP and General Counsel	Tel: +1 516 670 3200 www.planetpayment.com

Canaccord Genuity Ltd (UK) (Nomad for Planet Payment) Simon Bridges/ Andrew Chubb	Tel +44 20 7523-8000
Canaccord Genuity, Inc. (US) (DAD for Planet Payment) Andy Viles	Tel: +1 617 371 3900

About Planet Payment^®

Planet Payment’s Common shares trade in the UK on AIM under the symbols PPT for unrestricted Common shares and PPTR for Reg S Common shares and in the United States on the OTCQX under the symbol PLPM.

Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong Kong, Mexico City, Shanghai and Singapore.