Proposed Acquisition

Datacash Group PLC
04 October 2007


4th October 2007

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

                       DataCash Group Plc ('the Company')


DataCash announces today that it is in advanced discussions to acquire for cash,
a small niche payment service provider. These discussions are about to be
extended to a wider audience of the target business's shareholders and
accordingly DataCash is making this announcement.


The Board will provide a further update to shareholders in due course.


                                     - END -


For further information please contact:

DataCash Group PLC

Paul Burton                                   Tel:   [phone]
Finance Director                              E-mail:  [e-mail]

Andrew Dark                                   Tel:   [phone]
Chief Operating Officer                       E-mail:  [e-mail]
                                  
Website: www.datacash.com

Investec

Daniel Adams                                  Tel:  [phone]

About DataCash

DataCash Group PLC (AIM: DATA), a market leading provider of payment processing
solutions, provides merchants with a single interface that allows them to 
process secure payments, both on and  offline, anywhere in the world.

DataCash also provides a range of value added services with its fraud and Risk
Management solutions supporting AVS/CV2, 3-D Secure (Verified by Visa and
MasterCard Secure Code) together with traditional rules-based screening.

DataCash provides first-class service reliability at a fraction of the price of 
an in-house solution, servicing clients within the retail, travel, 
telecommunications and gaming sectors.



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