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Cashbox appointed sole supplier for ATMs Drive on Marston's Pub Company

Cashbox PLC (AIM:CBOX), the independent ATM deployer and operator, is pleased to announce that it has been appointed sole supplier for an ATM drive on Marston's Pub Company, the tenanted division of Marston's.

Marston's, formerly known as Wolverhampton and Dudley Breweries, has 1,708 pubs in its tenanted estate.

The ATMs will be placed using Cashbox's Placement Model, whereby a convenience-fee ATM is placed with the tenant free of charge and replenished by them, eliminating the need for third party cash-handling costs. Each ATM is then treated as an individual entity, with Cashbox monitoring performance and ensuring that the tenant is fully trained and supported in its use.

Ciaran Morton, Chief Executive, of Cashbox PLC, said:

"This is a very exciting contract for Cashbox and builds upon our strong presence in the pub sector. Marston's Pub Company has an excellent estate and our experience in this area shows that the installation of an ATM can help to drive both footfall and revenues for the tenant. This is a significant appointment and we will be working with tenants to install the ATMs where appropriate in the timeliest fashion."

James Coxon, Leisure Machine Executive, of Marston's Pub Company commented:

"The Cashbox model means that our tenants can offer their customers an additional service with absolutely no financial risk to themselves. The product is the best in its field and the outstanding after sales service support makes Cashbox the obvious partner."

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Notes to editors

Cashbox is an independent ATM deployer (IAD) which installs and operates an estate of ATMs, typically on five to seven year contracts, at sites throughout the UK where there is a demand for cash withdrawal services and where customers are willing to pay a convenience fee.

The Company differentiates itself from other UK ATM suppliers by offering the Placement Model, whereby the ATM is purchased by Cashbox under lease hire. The ATM is FREE to the merchant. The machines are replenished by the merchant, eliminating the need for third party cash handling costs. The Company also focuses heavily on post placement marketing backing as well as technical support and service via its in-house 24/7 helpdesk that is supported by a team of Cashbox trained and certified personnel.

Cashbox was granted membership of LINK in March 2004, allowing Cashbox to incorporate its ATMs in the LINK network.  Cashbox also has a Bank of England settlement account and became the first IAD in the UK to become completely compliant with the Triple DES security standard in June 2004.

The Company is listed on the AIM market of the London Stock Exchange.

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