Moneybox Deutschland

Moneybox PLC
02 August 2004

2nd August 2004

Moneybox plc announces that GE Money Bank has expanded its current relationship
                           with Moneybox Deutschland

GE Money Bank, a leading provider of financial products and services in the
German consumer banking market, has expanded its current relationship with
Moneybox Deutschland; a wholly owned subsidiary of Moneybox plc, the cash
machine and payment services business, to provide ATM services within its
nationwide branch network.

GE Money Bank, which was formed following the recent acquisitions and subsequent
merger of Service Bank (Koln), WKV Bank (Stuttgart) and Allbank (Hanover), has
more than 1000 staff in a total of 115 branches across Germany, servicing over
half a million customers.

Robert Law, Chief Executive of GE Money Bank, said:

'As we develop our GE banking business in Germany, innovative electronic
delivery of customer services in the bank branch will be a key part of our
customer value proposition.'

Paul Stanley, Chief Executive of Moneybox, said:

'We have developed a good relationship with GE Money Bank since we entered the
German market and are delighted to be increasing the scope of that relationship
to include GE Money Bank's branch based ATMs.'

                                     - Ends -

GE Money Bank                                     0049 511 646 5211
Robert Law, Chief Executive

Moneybox plc                                      020 7452 5400
Paul Stanley, Chief Executive

Merlin                                            020 7653 6620
Paul Lockstone                                    07876 685200
Rebecca Penney                                    07795 108178


Notes to Editors:

The Moneybox Group deploys, manages and maintains cash machines (ATMs) in the 
UK, Netherlands and Germany. The Group also operates cashless payment and
access control systems in the UK through its G2 subsidiary, which was acquired
in March 2004, when Moneybox floated on AIM.

Moneybox launched its first convenience ATM in June 1999. At 30 June 2004,
Moneybox operated 2,665 ATMs in the UK, 166 ATMs in the Netherlands and 262 
ATMs in Germany. In the UK, Moneybox's cashless payment and access control
systems are used by over 400 customers at more than 1,700 sites.

Moneybox deploys ATMs at points of convenience, with consumers paying a
convenience fee per cash transaction. This enables the ATM to be located in
places that do not attract enough cardholders to support a traditional cash
machine, promoting consumer choice and wider accessibility to their cash.
Virtually every bankcard and credit card is acceptable through Moneybox ATMs
as a result of Moneybox's membership of the LINK network.

The Moneybox ATM estate comprises owned and operated fully managed ATMs,
merchant replenished ATMs and ATMs that are managed on behalf of financial
institutions.

The G2 Group was established in 1991. In August 2002, G2 acquired a majority
holding in Transacsys plc (a company then listed on London Stock Exchange's
Alternative Investment Market (AIM)). Transacsys (formerly known as Girovend)
introduced its cashless payment systems in 1984 and has supplied access control
systems since 1994.

G2 processes ATM, credit and debit card, direct debit, internet and stored
value card transactions. G2 also develops, sells and maintains cashless payment
and access control systems and in 2003 supplied approximately 300,000 smart 
cards and 300,000 magnetic strip cards to the workplace market.


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