RNS Number:2723N
Earthport PLC
08 July 2003


Press Release                                                      8 July 2003


                 earthport wins contract with Project Entropia

earthport plc, the electronic payment services company, has won a new contract
with Sweden based Mindark PE AB to provide Project Entropia, the world's only
virtual universe incorporating a real economy, with its cash based payment
system.  The earthport Universal Payment Network (UPN) was chosen ahead of
competitive bids because it offers the most complete global cash payment
solution.  earthport will handle all cash transactions between Project Entropia
and its customers across the world.

At present, the company trades in US dollars using credit card payments.
earthport's cash based system will facilitate trading in multiple currencies
widening Project Entropia's reach, which already boasts over 60,000 users, to a
wider un-banked and under 18 audience.

Project Entropia is the world's only virtual universe incorporating a patented
real economy system that allows the player the opportunity to exchange real life
money into Project Entropia Dollars (PED).  The company's revenue model is based
on PED transactions for virtual items of value within the game rather than a
more typical subscription system.  An estimated 300,000 users are expected to
log-on before the year end, and in the mid term this is anticipated to expand to
over one million gamers.

Paul Townsend of earthport said: "The contract with Project Entropia opens a new
market for earthport's UPN, which is well suited to the games industry since it
has a high level of un-banked customers under the age of 18.  This deal is the
first of many that are already in the pipeline, and proves that earthport has
great appeal outside the gambling market which has until now dominated our
customer base. "

For further information, please contact:

earthport plc

Rob Cunningham, CEO of earthport                      Tel: +44 (0) 20 7907 1100
info@earthport.com                                            www.earthport.com


                                                       Tel:+44 (0) 20 7907 1100
Paul Townsend Banking Executive                               www.earthport.com
paul.townsend@earthport.com

Media enquiries:
Bankside Consultants
Ariane Vacher / Julian Bosdet                         Tel: +44 (0) 20 7444 4140
ariane.vacher@bankside.com                                     www.bankside.com



                                    - Ends -





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

CNTEANXXEDXDEFE