Dollar Financial Corp Enhances Liquidity by Monetizing Its U.K. Cross-Currency Interest Rate Swaps

Dollar Financial Corp (NASDAQ: DLLR), a leading international diversified financial services company serving unbanked and under-banked consumers, today announced the sale of the Company�s �in-the-money� cross-currency interest rate swaps held in its United Kingdom subsidiary for $14.4 million of net cash proceeds. Additionally, at current LIBOR and EURIBOR lending rates, the removal of the swaps is expected to result in approximately $4.5 million of annual cash interest expense savings for the Company�s U.K. subsidiary.

The Company holds two tranches of term loans in the U.K. of $39.0 million and �30.7 million, respectively, which carry a variable interest rate of one to six-month LIBOR and EURIBOR plus 3.00% per annum. In December 2006, the Company purchased cross-currency interest rate swaps which synthetically converted all of its term debt in the United Kingdom into British Pound Sterling and also fixed the interest rates for the term loans at 8.41% per annum. With the unwinding of the swaps, the U.K. term loans will once again be subject to variable interest rates and non-cash market-to-market adjustments based on fluctuations in currency exchange rates.

Randy Underwood, the Company's EVP and Chief Financial Officer, stated, �The recent significant devaluation of the Pound Sterling against the U.S. Dollar created an opportunity for us to both monetize the value of the U.K. derivatives and also significantly reduce our annual cash interest expense. The cash proceeds from this transaction further enhances our liquidity position, and provides additional excess cash to fund our global growth and potential acquisition opportunities, or if deemed prudent, it could be used to pay down Company indebtedness in the future.�

About Dollar Financial Corp

Dollar Financial Corp is a leading diversified international financial services company serving unbanked and under-banked consumers. Its customers are typically service sector individuals who require basic financial services but, for reasons of convenience and accessibility, purchase some or all of their financial services from the Company rather than from banks and other financial institutions. To meet the needs of these customers, the Company provides a range of consumer financial products and services primarily consisting of check cashing, short-term consumer loans, pawn lending, Western Union money order and money transfer products, currency exchange, reloadable VISA� and MasterCard� branded debit cards, electronic tax filing, and bill payment services.

At March 31, 2009, the Company�s global store network consisted of 1,264 stores, including 1,078 company-operated financial services stores and 186 franchised and agent locations in the United States, Canada, Republic of Ireland and the United Kingdom. The financial services store network is the largest network of its kind in each of Canada and the United Kingdom and the second-largest network of its kind in the United States. The Company�s customers, many of whom receive income on an irregular basis or from multiple employers, are drawn to the convenient neighborhood locations, extended operating hours and high-quality customer service. The Company�s financial products and services, principally check cashing, money transfer, and short-term consumer loan programs, provide immediate access to cash for living expenses or other needs. For more information, please visit the Company's website at www.dfg.com.

Forward Looking Statement

This news release contains forward looking statements, including statements regarding the following: the Company�s future results, growth, guidance and operating strategy; the global economy; the effects of currency exchange rates on reported operating results, the developing regulatory environment in Canada and the United States; the impact of future development strategy, new stores and acquisitions; the implementation and expected results of restructuring initiatives; and of the performance of new products and services. These forward looking statements involve risks and uncertainties, including uncertainties related to the effects of changes in the value of the U.S. dollar compared to foreign currencies, risks related to the regulatory environments, current and potential future litigation, the integration and performance of acquired stores, the performance of new stores, the implementation and expected results of restructuring initiatives, the impact of debt financing transactions, the results of certain ongoing income tax appeals, and the effects of new products and services on the Company�s business, results of operations, financial condition, prospects and guidance. There can be no assurance that the Company will attain its expected results, successfully integrate any of its acquisitions, attain its published guidance metrics, or that ongoing and potential future litigation or that the various FDIC, Federal, state, Canadian or foreign legislative or regulatory activities affecting the Company or the banks with which the Company does business will not negatively impact the Company�s operations. A more complete description of these and other risks, uncertainties and assumptions is included in the Company�s filings with the Securities and Exchange Commission, the Company�s annual reports and form 10-Q�s and 10-K�s. You should not place any undue reliance on any forward-looking statements. We disclaim any obligation to update any such factors or to publicly announce results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

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