4/11/2007

Planet Payment Announces Admission to CREST

Enables Unrestricted Common Shares to be Settled Electronically

Planet Payment [LSE: AIM: PPTR and PPT], a leading international multi-currency payment and data processor, announced today that it had completed the process to have its Unrestricted Common Shares, which are traded under ticker symbol PPT, admitted to trading by means of Depository Interests, through the CREST settlement system.

Participation in CREST will enable the PPT, Unrestricted Common Shares to be traded and settled wholly electronically, without the need for share certificates. Settlement through CREST will commence on 25 April 2007, in accordance with Operational Bulletin No. 1289 issued by CREST on 10 April 2007.

A letter is being sent to all affected shareholders explaining the impact of this development. CREST settlement will not be available at this time for trades in REG S shares, which are traded under ticker symbol PPTR.

Further information is available at the Company’s website at www.planetpayment.com.

Enquiries to:
Graham N. Arad
Corporate Secretary & General Counsel
Planet Payment
Tel: +1 516 670 3200
Fax: +1 516 670 3520
investors@planetpayment.com

Emma Kane
Chief Executive
Redleaf Communications Ltd.
Tel: +44 20 7822 0200
Fax: +44 20 7822 0201
ek@redleafpr.com

Mark Williams/Clayton Bush
Canaccord Adams Limited Tel: +44 20 7050 6500
Fax: +44 20 7050 6501

About Planet Payment

Planet Payment is the trade name for Planet Group, Inc. [LSE: AIM: PPTR and PPT for Reg S and Unrestricted Common Shares respectively]. Further information on Planet Payment can be found at: www.planetpayment.com

Planet Payment is a multi-currency payment and data processor, enabling processors, acquiring banks and their merchants to accept, process and reconcile credit card transactions in multiple currencies, allowing cardholders to view prices and settle transactions in their native currency. Planet Payment’s systems also enable it to provide enhanced data reporting and data management to merchants who are using multiple systems in different countries.

The Planet Payment business was established in 1999. Planet Payment is headquartered in New York and has offices in Atlanta, the United Kingdom, Bermuda, Singapore, Hong Kong, Shanghai and Beijing.