Re Agreement

RNS Number:8439I
Ambient PLC
18 March 2003


 AMBIENT SUBSIDIARY MONEYBOX SIGNS ATM OUTSOURCING DEAL WITH BRADFORD & BINGLEY


London, 18th March 2003 - Ambient plc, the AIM-listed business and marketing
services group, announced today that Moneybox Corporation Limited ("Moneybox"),
in which Ambient is the 60.1% majority shareholder, has signed an agreement to
manage and maintain the ATM network of Bradford & Bingley plc, one of the UK's
leading providers of financial and property services.  Under the agreement,
Moneybox will replace Bradford & Bingley's existing estate with its own
machines, and will provide ongoing transaction processing, maintenance and cash
management services.

Moneybox, which already provides outsourced ATM services to the Norwich &
Peterborough and Chelsea Building Societies, will take over responsibility for
Bradford & Bingley's network in June 2003, and full migration to the new
Moneybox machines will be completed by September.   Customers will not be
charged for using the new ATMs, and in addition, Bradford & Bingley cardholders
will be able to change their four digit Personal Identification Number ("PIN")
free of charge at any of Moneybox's estate of over 2,100 ATM's throughout the
UK.

Vincent Isaacs, Chairman of Ambient said:

"As the economics of operating ATMs continue to change in Europe we believe that
an increasing number of financial institutions could benefit from partnerships
with Moneybox. The focused expertise and cost base that comes from Moneybox's
economies of scale provide financial institutions with a strategic alternative
to operating these machines themselves."

Stephen Birss at Bradford & Bingley added:

"Bradford & Bingley are very pleased to be working with Moneybox to develop ATM
services across our Branch network"

  Ends

For further information, please contact:

Ambient plc                                                020 7452 5200
Vincent Isaacs, Chairman
Andrew Stimpson, Group Managing Director

Bradford & Bingley                                         020 7067 5631/5628
Nickie Aiken / Alison Cooley

Merlin Financial Communications                            020 7606 1244
Paul Lockstone/ David Simonson


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