Agreement with Chevron

Cashbox PLC 08 August 2006 Press Release 8 August 2006 Cashbox plc ('Cashbox' or 'the Company') Agreement with Chevron Limited Cashbox plc (AIM:CBOX), the independent ATM deployer and operator, announces that it has signed an agreement to be the preferred supplier of internal ATMs for the Texaco service station network whose brand rights are owned by Chevron Limited (NYSE:CVX). There are around 1,100 Texaco-branded petrol service stations across the UK all of which are now independently owned or operated. Following a competitive selection process, Texaco has chosen Cashbox as an ATM partner with immediate effect. The first promotional phase of the ATM programme to Texaco's retailer network has already commenced, initially involving 420 sites. Philip Minns, Category Manager UK & Ireland of Texaco, has recently attended retailer meetings across the UK and is actively promoting Cashbox as the ATM provider of choice for internal machines. Commenting on the agreement, Phillip Minns said: 'Being a Texaco-branded retailer does not mean just signing a fuel supply agreement with us, it means having access to a network of support and communication. This is our Bright Horizons strategy and we aim to form partnerships with like-minded, service-focussed companies. These partners will deliver added value to our retailers by providing first class products and services. As such we are pleased to recommend Cashbox as our preferred internal ATM provider.' Carl Thomas, Chief Executive of Cashbox plc, said: 'We believe our free placement of ATMs not only delivers increased footfall to the petrol stations themselves but they increase customer retention and cash spend in the shop. Texaco is a nationally recognised name and this agreement will significantly enhance our country-wide network. There continues to be a significant and growing demand for convenient cash and this agreement forms just a part of our strong pipeline of future ATM installations.' - Ends - For further information: Cashbox plc Carl Thomas, Chief Executive Tel: +44 (0) 870 126 2274 cthomas@cashboxplc.co.uk www.cashboxplc.co.uk Seymour Pierce Limited Jeremy Porter, Corporate Finance Tel: +44 (0) 20 7107 8000 Media enquiries: Abchurch Henry Harrison-Topham / Gareth Mead Tel: +44 (0) 20 7398 7700 henry.ht@abchurch-group.com www.abchurch-group.com Notes to editors Cashbox plc Cashbox is a leading independent ATM deployer (IAD) with an estate of over 1,000 ATMs in locations around the UK. The Company began trading in September 2003 and was established by brothers Carl and Matt Thomas. Cashbox installs and operates an estate of ATMs, typically on five to seven year contracts, at sites throughout the UK where there is a demand for cash withdrawal services and where customers are willing to pay a convenience fee. 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. Cashbox's sales strategy is based on selecting amongst three models to maximise the profit potential of each ATM site - the Sale Model, the Placement Model and the Fully Managed Model. The Company intends that the majority of new installations will use the Placement Model, whereby the ATM is purchased by Cashbox under lease hire, placed with the merchant and replenished by the merchant, eliminating the need for third party cash handling costs. The Company listed on AIM in March 2006. Chevron Corporation Chevron is one of the world's leading energy companies. With more than 53,000 employees, Chevron subsidiaries conduct business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining, marketing, and distributing fuels and other energy products. Chevron is based in San Ramon, California, USA. More information about Chevron is available at www.chevron.com. This information is provided by RNS The company news service from the London Stock Exchange
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