Notice of Announcement of Results

Planet Payment [UK: LSE:AIM: PPT and PPTR; USA: OTCQX: PLPM], a  leading provider of international payment processing and multi-currency processing services, announces that it intends to release its results for the nine months ended 30 September 2011 on or before 15 December 2011.

On 15 November 2011, the Company filed a Notification of Late Filing, with the OTCQX market tier of OTC Markets Group, Inc. (the “OTCQX”), of the Quarterly Report for the period ended 30 September 2011.  As previously notified, the Company changed the presentation of net revenue in its financial statements, which required a restatement of the issuer's financial statements for certain prior periods. This resulted in a delay in the filing of the quarterly report for the period ended June 30, 2011, which in turn has delayed the filing of the current quarterly report.  The anticipated filing date is on or before 15 December, 2011.

We do not expect trading of the Company’s shares to be affected.


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Enquiries to:

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

    
Canaccord Genuity (UK) (Nomad for Planet Payment)
Mark Williams and Andrew Chubb   
    Tel +44 20 7050 6500
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, London, Hong Kong, Shanghai and Singapore.