Acquisition

De La Rue PLC 2 March 2001 DE LA RUE PLC DE LA RUE ACQUIRES US RETAIL SECTOR CASH SOLUTIONS BUSINESS De La Rue, the cash to secure transactions Group, has today announced it has agreed to acquire the entire share capital of ATS Money Systems, Inc. (ATS) the US based provider of cash handling systems and software. The maximum consideration to be paid for all outstanding shares of ATS common stock and options will be approximately US$14 million, before an adjustment to reflect expenses incurred by ATS in connection with the transaction and certain indemnification obligations. The transaction is expected to complete in April 2001 subject to receiving all necessary regulatory and ATS shareholders' approval. ATS is a publicly traded company as a NASDAQ BB stock. The company based in Englewood, New Jersey is engaged in the development, sales and service of currency management systems for predominantly department and chain store cash offices. ATS's sales were US$ 14.0m in the year to 31 December 1999 and it recorded an operating profit of US$ 2.23m before interest and tax. Net assets at 31 December 1999 were US$ 4.7m. On completion of the acquisition approximately 55 sales, service and research and development staff based at Englewood, will be integrated into De La Rue Cash Systems division. Cash Systems already has a nationwide sales and service presence in the USA and has a strong presence in the banking sector with its range of Teller Cash Dispenser (TCD) equipment. The integration of ATS strengthens De La Rue's position in the retail sector and also provides it with a ready made software platform for the US retail back-office sector with ATS's market leading CP4000 cash office system designed to simplify and speed up cash office functions. De La Rue expects the acquisition to be earnings enhancing in the first year of trading. Commenting Pietro Armanini, managing director, Cash Systems division, said: 'De La Rue is well known for cash management systems in the banking industry but increasingly organisations in the retailing, vending, travel and gaming markets are seeing the benefits of lower costs, higher service and improved security, whilst still meeting the consumer's preference for cash based transactions. Through the acquisition of ATS, De La Rue can now provide a complete hardware, software, integration and support solution to these markets. We also welcome the ATS team who will add sector-specific knowledge and considerable technical solutions expertise to our existing operations as we develop in-store cash solutions.' -ends- For further information please contact: De La Rue plc Paul Hollingworth Finance Director +44 (0)1256 605307 Mark Fearon Head of Corporate Affairs +44 (0)1256 605303 Stephen Breslin Brunswick +44 (0)207 404 5959 2 March 2001 Editors Notes: 1. De La Rue is the world's largest commercial security printer and paper maker, involved in the production of over 150 national currencies and a wide range of security documents such as stamps and vouchers as well as brand protection. The company is also a leading provider of cash handling equipment and solutions to banks and retailers as well as a range of identity systems to governments worldwide. De La Rue also acts as a strategic partner and adviser to customers offering them total solutions in areas of activity that capitalise on De La Rue's reputation for security, integrity and trust. 2. ATS Money Systems, Inc. (ticker symbol - ATSM) is engaged in the development, sale and service of currency counting systems and equipment for department and chain stores' cash offices and bank commercial vaults, and of specialized information communications systems primarily used by chain stores. The customers of ATS are businesses that handle a large number of cash, cheque and credit transactions on a daily basis, such as banks, department stores and chain stores.

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De La Rue (DLAR)
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