SECOND QUARTER RESULTS

Financial Information

For the second quarter of 2007, revenues totaled $77.2 million, representing a 5.3% increase over the $73.3 million in revenues recorded during the second quarter of 2006. This year-over-year increase was primarily attributable to the Company's focus on growth in its United Kingdom operations, which generated incremental ATM operating revenues as a result of additional ATM deployments and higher withdrawal transactions per ATM when compared to the same period in 2006. Additionally, revenues from the Company's United Kingdom operations were impacted by favorable foreign currency exchange rates during the period when compared to the same period last year. The increased revenues in the United Kingdom were partially offset by lower revenues from the Company's domestic operations, which experienced a slight year-over-year decline in ATM operating revenues as a result of a decrease in the average number of transacting ATMs operating within the United States (primarily on the merchant-owned side of the business).

The Company's adjusted earnings before interest, taxes, depreciation, and amortization (``EBITDA''), which represents EBITDA adjusted for certain items as allowed for by the Company's bank credit facility, totaled $12.4 million for the second quarter of 2007, representing a 9.5% decrease from the $13.7 million in adjusted EBITDA for the same period in 2006. This year-over-year decline was primarily attributable to the Company's domestic operations, which incurred (i) higher selling, general, and administrative costs associated with certain business development initiatives (such as the startup of the Company's in-house transaction processing operation and the strengthening of its bank branding marketing efforts); (ii) higher administrative costs associated with the Company's ongoing public company reporting requirements, including the Sarbanes-Oxley Act of 2002 ("Sarbanes-Oxley"); and (iii) higher vault cash costs due to increased vault cash balances necessary to service higher average per-transaction cash withdrawal amounts experienced during the period. Additionally, the Company's domestic operations experienced a year-over-year decline in ATM operating revenues as a result of the aforementioned decrease in the average number of transacting ATMs operating within the United States. The lower year-over-year results from the Company's domestic operations were partially offset by an increase in adjusted EBITDA from its United Kingdom operations, which resulted from our focus on growth in that portion of the Company's business.

Adjusted EBITDA is a non-GAAP measure of financial performance. The Company is required by the terms of its bank credit facility to comply with certain covenants that are based on it.

The Company recorded a net loss for the second quarter of 2007 of $5.6 million, which compares to net income of $0.8 million for the same period in 2006. The 2006 quarterly results include $1.1 million ($0.7 million net of tax) in other income related to a contract termination payment received from one of the Company's merchant customers. Such payment has been excluded from adjusted EBITDA. The 2007 net loss amount reflects the aforementioned increase in selling, general, and administrative costs and vault cash costs, as well as higher depreciation expense amounts associated with additional ATM deployments in the United Kingdom and Mexico and incremental development costs associated with the Company's in-house processing conversion efforts. Additionally, the 2007 net loss amount also reflects a charge recorded in the income tax provision line to reserve for a portion of the Company's existing tax benefit amounts. The Company is not a cash taxpayer for U.S. Federal income tax purposes.

Key Statistics

Average transacting ATMs for the second quarter of 2007 totaled 25,484, which represents a decrease of 1.1% when compared to the 25,756 average transacting ATMs during the same period in 2006. This decrease was primarily due to the year-over-year decline in the average number of lower-transacting, lower-margin merchant-owned ATMs operating within the United States (as discussed above), the majority of which was offset by ATM growth in the United Kingdom and Mexico. Cash withdrawal transactions in the second quarter of 2007 increased 4.8% to 33.0 million from 31.5 million during the same period in 2006. This increase was primarily due to higher withdrawal transactions associated with the Company's United Kingdom and Mexico operations, which were offset somewhat by lower year-over-year withdrawal transactions in the United States as a result of the aforementioned decline in the Company's merchant-owned ATM base.

Average cash withdrawal transactions per ATM per month during the second quarter of 2007 increased 5.9% to 432 from 408 during the same period in 2006, and average revenues per ATM per month in the second quarter of 2007 increased 6.4% to $967 from $909 in the same period in 2006. These increases were due to increased activity in the Company's United Kingdom operations, which have higher average transaction volumes than the Company's domestic operations. Capital expenditures during the quarter totaled $10.1 million.

SIX MONTH RESULTS

Financial Information

Revenues totaled $151.8 million for the six months ended June 30, 2007, representing a 6.6% increase over the $142.4 million in revenues recorded during the first six months of 2006. As was the case with the Company's quarterly results, the year-over-year increase in revenues was primarily attributable to an increase in ATM operating revenues from our focus on growth in our United Kingdom operations as well as an increase in ATM operating revenues associated with the Company's Mexico operations, which also resulted from additional ATM deployments. The increased revenues in the Company's international operations were partially offset by lower revenues from the Company's domestic operations as a result of the aforementioned decrease in the average number of transacting ATMs operating within the United States.

The Company's adjusted EBITDA totaled $24.3 million for the six months ended June 30, 2007, representing a 3.6% decline from the $25.2 million in adjusted EBITDA for the same period in 2006. Consistent with the quarterly decline, the decrease in EBITDA for the six months ended June 30, 2007 was due to lower year-over-year results of the Company's domestic operations, which were partially offset by an increase in adjusted EBITDA from the United Kingdom operations.

The Company incurred a net loss of $9.0 million for the six months ended June 30, 2007, which compares to a net loss of $2.4 million for the same period in 2006. The 2007 net loss amount reflects the aforementioned incremental selling, general, and administrative costs; higher depreciation expense amounts associated with the Company's ongoing Triple-DES ATM upgrade and replacement program and the additional ATM deployments in the United Kingdom and Mexico; incremental development costs associated with the Company's in-house processing conversion efforts; and higher income taxes due to the aforementioned reserve. In addition to the $1.1 million in other income related to a contract termination payment received (discussed above), the 2006 net loss amount includes a $2.8 million (pre-tax) impairment charge related to a previously acquired domestic ATM portfolio.

Key Statistics

Average transacting ATMs for the six months ended June 30, 2007 totaled 25,348, which represents a decrease of 2.4% when compared to the 25,983 average transacting ATMs during the same period in 2006. This decrease was primarily due to a year-over-year decline in the average number of transacting ATMs operating within the United States (as discussed above), which was somewhat offset by ATM growth in the United Kingdom and Mexico. Cash withdrawal transactions during the six months ended June 30, 2007 increased 4.4% to 64.2 million from 61.5 million during the same period in 2006. This increase was due to higher withdrawal transactions associated with the Company's United Kingdom and Mexico operations, which were partially offset by lower year-over-year withdrawal transactions in the United States as a result of the aforementioned decline in merchant-owned ATMs.

Average cash withdrawal transactions per ATM per month during the six months ended June 30, 2007 increased 7.1% to 422 from 394 during the same period in 2006, and average revenues per ATM per month for the six months ended June 30, 2007 increased 9.1% to $957 from $877 in the same period in 2006. These increases were primarily due to increased activity associated with the Company's focus on growth in its United Kingdom operations as well as additional growth in the Company's domestic bank and network branding programs. Capital expenditures during the six months totaled $24.0 million.

"Our year-to-date results were in-line with where we expected them to be,'' commented Jack Antonini, Chief Executive Officer of Cardtronics. ``As previously communicated, we anticipated that our results for the first half of the year would be somewhat lower than what we saw in 2006 because of our decision to make investments in certain strategic initiatives. That said, we are pleased with the progress we made during the second quarter with respect to our branding and in-house processing conversion efforts, which we believe are two initiatives that are critical to the future growth of our U.S. operations. Internationally, we continued to see strong growth in both our United Kingdom and Mexico operations, which we expect will be a continuing trend throughout the remainder of the year, particularly in the United Kingdom. Finally, we are truly excited about our recent acquisition of the 7-Eleven ATM and Vcom portfolio and believe there are numerous growth opportunities available to us as a result of this acquisition."

KEY HIGHLIGHTS

Recent highlights include the following:

• The acquisition of the ATM portfolio of 7-Eleven, Inc. in July, which added 5,500 high-volume ATMs and Vcom units to the Company's portfolio, making Cardtronics the largest ATM network in the world. This acquisition also provides the Company with the opportunity to participate in the advanced kiosk-based financial services market within the U.S. through the 2,000 Vcom units acquired. In addition to traditional ATM services, these Vcom units are capable of providing more sophisticated financial services, including check-cashing, money-transfer, bill payment services, and 24-hour per day availability of off-premise deposits through electronic imaging.
• The signing of nine additional bank branding agreements with seven financial institutions to brand in excess of 1,300 ATMs.
• Net growth during the quarter of over 175 machines, or 12.0%, in its high-volume United Kingdom ATM fleet, representing a substantial increase in the Company's growth rate in this important market.
• The successful rollout of approximately 200 additional ATMs in Mexico, the majority of which were deployed under our long-term agreement with OXXO. Additionally, the Company plans to expand its Allpoint surcharge-free network to include its Mexico ATMs by the first quarter of 2008.
• The conversion of over 2,800 additional company-owned ATMs to the Company's in-house transaction processing switch, bringing the total number of machines for which the Company is processing transactions to over 5,900.
• The issuance of $100.0 million of 91/4% senior subordinated notes due 2013 - Series B in a private placement offering in July to finance a portion of the 7-Eleven ATM Transaction.
• The amendment of the Company's credit facility in July, which, among other things, increased its borrowing capacity to finance the remaining portion of 7-Eleven ATM Transaction, further increased the amount of capital expenditures that the Company can incur on an annual basis, and reduced interest spreads.
• The execution of a settlement agreement related to the class action lawsuit against the Company by the National Federation of the Blind.

GUIDANCE FOR 2007

As a result of its acquisition of the ATM portfolio of 7-Eleven, the Company has revised its guidance for fiscal year 2007. The Company currently expects revenues of $370.0 to $390.0 million, gross profits of $87.0 to $92.0 million, and adjusted EBITDA of $62.0 to $66.0 million for the year ending December 31, 2007. These amounts exclude revenues and losses associated with the acquired Vcom operations. The Company anticipates that the losses from the operation of the Vcom units will range from $4.0 million to $6.0 million for the remainder of the year. As previously communicated, the Vcom units have historically generated operating losses. In the event the Company is unable to improve the acquired Vcom operating results and incurs cumulative operating losses of $10.0 million associated with providing such services, the Company's current intent is to eliminate these losses by terminating the Vcom Services and utilize the Vcom machines to provide traditional ATM services. Finally, capital expenditures are expected to total approximately $60.0 million in 2007, net of minority interest.

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