DIGITAL PAYMENTS PLCRESULTS FOR THE YEAR ENDED 31 DECEMBER 2014CHAIRMAN'S STATEMENTI am pleased to be able to report on this my first year as Chairman of Digital Payments plc and on ourfirst year of trading for the year ended 31 December 2014.In the year just ended, we have listed the Company on the Main Quote of the Danish GXG Market, completed ontwo acquisitions and had three fund raisings. A very busy start by any standards.I am pleased with the way the acquisitions have integrated into the Group. We have a very good team.On the 29 July 2014 we acquired Baytron Limited. With Baytron came Signia Associates Ltd, a prepaid-basedpayroll management company and the assets and software of White Eagle Global Payments, a company whichsince its inception, had developed more than 40 prepaid card programs for clients across differentindustries and geographies. Signia Associates Limited owns the Globus Card brand, which was specificallydeveloped for European employers of migrant workers in Europe.On the 7 August 2014 we completed our second acquisition which was of the entire issued share capital ofMuscato Group Inc. ("MGI") a USA, company, based in Florida. MGI includes M2 Payment Solutions Inc. ("M2")and all of its affiliates. MGI and M2 provide financial institutions, companies, and government agencies inthe United States, Latin America and Europe with the technology, transaction processing and infrastructureneeded to launch innovative payment products and services.M2 continues to operate under its current brand and business structure; adding more functionality andresources to build on its global market presence. Over the past 12 months M2 has released new products inboth multi-currency and loyalty management and expects to continue the path of new market products andservices to deliver to its customer base.Within MGI we have a superb team of prepaid and payment industry people and I am proud that we are part ofthe same team. International acquisitions and operations bring unique difficulties. With dailycommunication we have been fortunate to have very few integration difficulties.I would personally like to thank Brantley Muscato for taking on the role of Chief Executive of M2 and tothank once again his team for all their hard work and effort this past year.The completion of both acquisitions enables Digital Payments PLC to complete another step in our ambitionof being a global vertically-integrated payment company with worldwide processing capability.We have not stood still and have spent time and resources to take the best from both acquisitions andinvested into substantial additional development resources to commence work on the next generation multi-currency wallet platform, the formal release of which we are planning in the 4th quarter of 2015.The Group turnover for the 5 months of post-acquisition integration is GBP731,000 of which the loss for theyear is GBP8,168,000. Whilst it is always disappointing to report any loss, even in the first year oftrading, the figures contain significant expenditure on research and development and one off costs for theacquisitions and admission to the GXG market. The Company however will not be making a dividend paymentthis year.On 5 January 2015, I was delighted to appoint Michael Muscato to the board of Digital Payments plc.OutlookOur businesses has great opportunities in the forthcoming year together with strong and energeticmanagement in place to drive it forward. M2 has made a very encouraging start to the year and is set forfurther growth.We have also formed a number of strategic regional marketing partnerships, which will allow DPP to switchfrom passive to proactive marketing model on a global scale. Furthermore DPP is negotiating a controllingstake in a Maltese company, which will be using DPP's new platform and has already applied for an E-moneylicense in Malta.I am very encouraged both by our business opportunities and the start we have made to the current year.Mikhail RaskinDirector29 May 2015 The Directors of the Issuer accept responsibility for the contents of this announcement.FOR FURTHER INFORMATION PLEASE CONTACT:Mikhail RaskinDirectorDigital Payments PlcTelephone: +44 207 493 0387Email: press@digitalpaymentsplc.comGXG Corporate AdvisorNick Michaels and Jon IsaacsAlfred Henry Corporate Finance Limitedwww.alfredhenry.comTel: +44 207251 3762CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOMEFOR THE PERIOD ENDED 31 DECEMBER 2014 Period ended 31 December 2014 GBP'000 Continuing operations Revenue 731Cost of sales (192) Gross profit 539 Administrative expenses (1,508) Operating loss (969) Impairment of intangibles (9,208)Other income 101Loss on ordinary activities before taxation (10,076) Income tax credit 1,908 Loss for the period attributable to the owners of the parent (8,168) Loss per share (expressed in pence per share) (2.28)p CONSOLIDATED STATEMENT OF FINANCIAL POSITIONAS AT 31 DECEMBER 2014 As at 31 December 2014 GBP'000Assets Non-current assets Intangible assets 11,615Property, Plant & Equipment 33Investments 181 11,829 Current assets Trade and other receivables 432Cash and cash equivalents 63 495 Total assets 12,324 Equity and liabilities Equity attributable to owners of the parent Ordinary shares 5,596Share premium 11,468Retained losses (8,168)Total equity 8,896 Liabilities Current liabilities Trade and other payables 1,090Borrowings 21Total liabilities 1,111 Non-current liabilities Deferred tax liability 2,317 2,317 Total equity and liabilities 12,324 CONSOLIDATED STATEMENT OF CASH FLOWSFOR THE PERIOD ENDED 31 DECEMBER 2014 Period ended 31 December 2014 GBP'000 Net cash generated from operating activities 90 Cash flows from investing activities Acquisition of subsidiaries (4,985)Cash acquired on purchase of subsidiaries 37Purchases of intangible assets (27)Purchase of investments (181)Net cash flows from investing activities (5,156) Cash flows from financing activities Issue of ordinary share capital 5,129Net cash flows from financing activities 5,129 Net increase in cash and cash equivalents 63Cash and cash equivalents at the beginning of the period -Cash and cash equivalents at end of period 63 NOTES TO RESULTSFOR THE YEAR ENDED 31 DECEMBER 20141. The financial information set out above does not constitute statutory accounts for the purpose ofSection 240 of the Companies Act 1985. The financial information has been extracted from the statutoryaccounts of Digital Payments Plc and is presented using the same accounting policies, which have not yetbeen filed with the Registrar of companies, but on which the auditors gave an unqualified report on 29 May2015.2. Earnings per shareBasic earnings per share are calculated by dividing the earnings attributable to ordinary shareholders bythe weighted average number of ordinary shares during the period. The weighted average number of equityshares in issue was 358,882,684 and the loss after tax was GBP 8,168,065.