CBOX Cake Box Holdings Plc

RNS Number:3844Z
Cashbox PLC
29 June 2007


                                  Cashbox PLC

                            ("Cashbox" or "Company")

             Cashbox PLC secures funding with the Bank of Scotland


Cashbox, the UK ATM provider, today announces that it has secured #8.75 million
in funding from the Bank of Scotland. The funding is provided in the form of an
#8 million loan facility and #750,000 in overdraft. The new finance will be used
primarily to enable expansion of the business with the roll-out of ATM machines
to meet existing and anticipated orders and to refinance the existing debt of
General Capital Venture Finance Limited ("GCVF"). The first drawdown of debt
will include #1.75 million plus VAT for extinguishment and early release
payments to GCVF.

The CEO of Cashbox, Ciaran Morton commented, "This significant level of funding
enables Cashbox to continue with the rapid deployment of ATMs across its
extensive contracted estates. Our path to profitability is driven by our growing
estate volume, coupled with our outstanding support services. By remaining
wholly focused upon meeting customers' needs, Cashbox is uniquely positioned to
become the leading independent ATM deployer in the UK".

CFO of Cashbox David Auger noted, "This deal with Bank of Scotland has created a
secure long term financial platform for Cashbox, which enables the management to
concentrate upon accelerating our growth, and building processes and structures
to support increased business velocity and scale".


For further information:
Cashbox PLC                                          0870 126 2274
David Auger, CFO

Threadneedle Communications                          020 7936 9606
Josh Royston/Graham Herring

Seymour Pierce 020 7107 8000
Jonathan Wright

Notes to the Editor:

Cashbox PLC
Cashbox is a leading independent ATM deployer (IAD) whose estate spans the
length and breadth of the UK. Cashbox installs and operates its estate of ATMs,
with 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.




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

END
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