Pre AGM Statement

Datacash Group PLC
24 May 2005

    DataCash Group Plc / Epic: DATA / Index: AIM / Sector: Support Services

                                  24 May 2005

                DATACASH GROUP PLC ('DataCash' or 'the Company')

                               PRE AGM STATEMENT



At the AGM of DataCash Group Plc, the AIM listed payments service provider, to
be held later today, Chairman David Bailey will make the following statement:



"The year has begun well for the Company with transaction volumes up
significantly on the previous 12 months. The resultant revenues are up more than
30% in the first four months of 2005 when compared with the same period of 2004,
and net cash is now approaching £4 million. The sales pipeline is encouraging,
and our partnership alliances such as the recently announced integration with
Wire Card AG's Click2Pay wallet present excellent additional opportunities for
the Company.



"The Board remains confident that 2005 will be a year of good progress."



                                  ** ENDS * *



Contacts:

Terry Cave              DataCash               Tel: [phone]
Isabel Crossley         St Brides Media        Tel: [phone]



Note to editors:

•             DataCash provides secure electronic payment and fraud management
solutions to companies that process orders for goods and services over the
Internet, call centres, interactive TV or from high street point of sale.

•             DataCash's payment solutions allow merchants to accept a wide
range of payment options, from credit cards and direct debits, to emerging
payment types.

•             DataCash's reporting and management tools help automate the flow
of complex payment processes, such as recurring billing, chargeback workflow and
payment reconciliation.

•             DataCash partners with and connects to an ever-expanding network
of payment processors and payment service providers to offer merchants a single
source solution.






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