Contract with Welcome Break

RNS Number:3047U
Cardpoint PLC
16 January 2004


Press Release                                                    16 January 2004



                Cardpoint renews ATM contract with Welcome Break

                       with five-year exclusive agreement


Cardpoint plc ("Cardpoint" or the "Group"), the provider of electronic payment
transactions, which owns and operates 1,900 ATMs and approximately 3,500 mobile
phone top-up terminals, has been awarded an exclusive five year contract to
continue to supply Welcome Break with roadside location ATMs.  Cardpoint
currently has 85 ATMs installed in Welcome Break sites and the contract provides
for a minimum of 30 additional installations.

Welcome Break is Cardpoint's largest corporate customer and the contract win is
believed to be the first major customer retention contract in the UK independent
ATM deployer market.  The contract, which begins with immediate effect, provides
the Group with a significant stream of visible earnings with a minimum estimated
turnover of #8 million over five years.  Welcome Break is the UK's leading
service station operator with 27 service areas covering all major motorway
routes and has an annual turnover of over #500 million.

As part of the contract Cardpoint will increase merchandising and point of sale
activity and has already begun the process of rebranding its ATMs orange to gain
greater prominence and increase transaction numbers.  Cash machine services will
also be advertised on Welcome Break TV, a bespoke 'live' satellite TV station in
prime locations.

Karen McKechnie, Business Development Director of Welcome Break, said: "We have
been impressed with Cardpoint's level of service and attention to detail in the
past and this led directly to them being awarded the tender.  Their commitment
to driving customer footfall and revenues is strongly in line with our own
business objectives.  We expect to extend our ATM offering over the next five
years and look forward to working with Cardpoint to this end."

Nigel Mills, Sales Director of Cardpoint Group plc, said: "Winning the contract,
with further potential to expand the estate, reinforces our position in the
market as a significant provider of ATMs to national multi-site Customers.  The
new contract evidences our ability to build long-term commercial relationships
and will enable both parties to benefit from increased revenues as the portfolio
of installed ATMs expands."


                                    - Ends -

Enquiries:

Cardpoint Group Plc
Nigel Mills, Sales Director                            Tel: [phone]
[e-mail]                                www.cardpointplc.com

Cardpoint plc
Mark Mills, Chief Executive Officer
[e-mail]

Welcome Break
Karen McKechnie                                        Tel: + 44 (0) 1908 299700
[e-mail]

Evolution Beeson Gregory
Mike Brennan / Henry Turcan                            Tel: [phone]

Media enquiries:

Bankside
Henry Harrison-Topham / Ariane Vacher                  Tel: [phone]
[e-mail]                                      www.bankside.com

Notes to editors


Cardpoint

Cardpoint plc is a leading provider of electronic payment transactions, which
owns and operates more than 1,900 ATMs and approximately 3,500 mobile phone
top-up terminals across the UK.

The ATMs are typically placed in convenience stores, shopping centres, motorway
service stations, hospitals and train stations, and in areas that are not
traditionally serviced by other ATM providers, thereby offering their customers
greater convenience and access to cash.  The Company typically charges #1.60 per
cash withdrawal, with their customers' permission, and receives transaction
revenues for balance enquiries and card rejections.

Cardpoint is a full member of the LINK Network, the only branded shared network
of ATMs and self-service terminals in the UK, which allows 95 million
cardholders of every member financial institution to use the ATM of another LINK
member.

The mobile top division, acquired in July 2003, trades under the name of '
Cardpoint Merchant Services' and operates in retail outlets such as MOTO,
Costcutter, Spar and Londis and allows user to top up for Vodafone, Orange, o2,
T-Mobile and Virgin.

Welcome Break

Welcome Break is the UK's leading service station operator with 27 service areas
covering all major motorway routes and has an annual turnover of over #500
million.


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