AACE Ace Cash Express

DALLAS, Aug. 5 /PRNewswire-FirstCall/ -- ACE Cash Express, Inc. (NASDAQ:AACE), announced that it raised over $116,000 for the March of Dimes, a non-profit organization that funds cutting edge research and innovative programs to save babies from birth defects, premature birth and low birthweight. Thanks to the generosity of its customers and employees throughout ACE's store network, ACE donated $116,000 during the 2005 campaign. ACE has increased its contribution from the $100,000 raised during the 2004 campaign and has raised over a quarter of a million dollars since its partnership with the March of Dimes began in 2003. During WalkAmerica 2005, more than 200 ACE employees joined 20,000 companies across the country to walk with thousands of supporters of the March of Dimes. Jay B. Shipowitz, President and Chief Executive Officer of ACE stated, "Year after year, we have seen the generosity of our customers and employees increase and we are proud to support such a worthwhile cause." "ACE continues to provide tremendous support for the March of Dimes," stated Julie Price, Director of WalkAmerica. "We appreciate all of their efforts and look forward to the continued success of our partnership." About ACE Cash Express ACE Cash Express, Inc. is a leading retailer of financial services, including check cashing, short-term consumer loans and bill payment services, and the largest owner, operator and franchisor of check cashing stores in the United States. As of June 30, 2005, ACE had a network of 1,371 stores in 37 states and the District of Columbia, consisting of 1,142 company-owned stores and 229 franchised stores. ACE focuses on serving consumers, many of whom seek alternatives to traditional banking relationships in order to gain convenient and immediate access to check cashing services and short-term consumer loans. ACE's website is found at http://www.acecashexpress.com/ . Forward-Looking Statements This release contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are generally identified by the use of words such as "expect," "anticipate," "estimate," "believe," "intend," "plan," "target," "goal," "should," "would," and terms with similar meanings. Although ACE believes that the current views and expectations reflected in these forward-looking statements are reasonable, these views and expectations, and the related statements, are inherently subject to risks, uncertainties, and other factors, many of which are not under ACE's control and may not even be predictable. Any inaccuracy in the assumptions, as well as those risks, uncertainties and other factors could cause the actual results to differ materially from these in the forward-looking statements. These risks, uncertainties, and factors include, but are not limited to, matters described in ACE's reports filed with the Securities and Exchange Commission, such as: * ACE's relationships with Republic Bank & Trust Company, First Bank of Delaware, Travelers Express and its affiliates, and its bank lenders; * ACE's relationships with providers of services or products offered by ACE or property used in its operations; * federal and state governmental regulation of check cashing, short-term consumer lending and related financial services businesses; * any impact on the loans offered by each of Republic Bank & Trust Company and First Bank of Delaware at ACE's stores in Texas, Pennsylvania and Arkansas from the implementation of the revised Guidelines for Payday Lending announced on March 1, 2005 by the Federal Deposit Insurance Corporation, which revised Guidelines provide guidance to banks that engage in payday lending, and include a requirement that such banks develop procedures to ensure that a payday loan is not provided to any customer with payday loans outstanding from any lender for more than 3 months in the previous 12 months; * any litigation regarding ACE's short-term consumer lending activities; * theft and employee errors; * the availability of adequate financing, suitable locations, acquisition opportunities and experienced management employees to implement ACE's growth strategy; * increases in interest rates, which would increase ACE's borrowing costs; * the fragmentation of the check cashing industry and competition from various other sources, such as banks, savings and loans, short-term consumer lenders, and other similar financial services entities, as well as retail businesses that offer services offered by ACE; * the terms and performance of third-party services offered at ACE's stores; and * customer demand and response to services offered at ACE's stores. ACE expressly disclaims any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in ACE's views or expectations, or otherwise. ACE makes no prediction or statement about the performance of its common stock. About the March of Dimes The March of Dimes is a national voluntary health agency whose mission is to improve the health of babies by preventing birth defects, premature birth and infant mortality. Founded in 1938, the March of Dimes funds programs of research, community services, education, and advocacy to save babies, and in 2003, launched a five-year campaign to address the increasing rate of premature birth. For more information visit the March of Dimes website at http://www.marchofdimes.com/ or in Spanish at http://www.nacersano.org/ . DATASOURCE: ACE Cash Express, Inc. CONTACT: Eric Norrington, VP of Communications & Government Relations of ACE Cash Express, Inc., +1-972-550-5032, or Web site: http://www.acecashexpress.com/ http://www.marchofdimes.com/ http://www.nacersano.org/

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