Mr. Hepher is a non-Executive director of Kingfisher plc and of Catlin Group Ltd. He was previously Chairman and Chief Executive of Charterhouse, the investment bank, prior to which he was Group Managing Director of BT plc. Mr. Hepher succeeds Peter Smyth, who will remain on the Board as senior non Executive Director.

"We thank Peter for all that he has done for the Company so far and are very pleased that he will be able to continue to add his valuable experience to the Company in his new role,' said Mark Mills, Chief Executive of Cardpoint. "We are also delighted to welcome Michael to Cardpoint. Michael brings considerable plc board experience, having served on the Boards of numerous plc's, both large and small."

"I am very enthusiastic to be joining Cardpoint and look forward to working with the team to achieve the Company's growth ambitions. Cardpoint has grown very quickly and has a proven and highly cash generative business model which has positioned it as a market leader," said Michael Hepher.

Mr Hepher holds 10,000 ordinary shares in Cardpoint. Other than as detailed above, there is no further information to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules.

Trading update

In advance of entering its close period, Cardpoint will be hosting a meeting with certain shareholders today during which a trading update will be provided as follows:

"I am pleased to announce that the results for the financial year ending 30 September 2005 are expected to be within the range of current analysts' forecasts. I am also pleased to confirm that, in spite of some initial delays in the conversion of some of the cash machines acquired from HBOS, we have now reached a total of 275 charging machines. The profit on each of these 275 machines, once converted to charging, has been higher than anticipated due to both higher retention and charging rates with excellent future visibility. The positive run rates highlight the value of the HBOS deal and we are pleased to start the new financial year from 1st October 2005 with a strong platform for further future growth.

The benefits of the HBOS acquisition have been proven by the quantum and quality of earnings delivered following this challenging transitional year and from an acquisition costing the Company considerably less at a final figure of around £52m compared to £76.6m envisaged at the time. Cardpoint's Board is pleased with the overall outcome of the HBOS acquisition and the strategic positioning it provides to the company. In addition to the 275 charging machines we will continue to operate approximately 300 non charging machines from the HBOS acquisition, which may provide an opportunity to convert to charging at a later date.

This financial year has been one of enormous transformation for Cardpoint and included the acquisition of our closest competitor, Moneybox plc, the offer for which was declared wholly unconditional on 15th August 2005. We have already identified potentially significant areas of cost savings (for the calendar years of 2006 and 2007) and good opportunities to grow the enlarged group organically across the UK, Germany and Netherlands. We are pleased to have found considerable management expertise within Moneybox which will complement Cardpoint's existing team.

Cardpoint is now strongly positioned to build on its continued success following its two recent transformational acquisitions and the Board looks forward to the future with confidence."

Mark Mills
Chief Executive Officer
28 September 2005

Highlights

• Michael Hepher appointed as Chairman
• 275 charging machines from the HBOS acquisition
• Cost savings identified in Moneybox
• Enlarged Management Team with complementary expertise
• Higher profit generated from converted HBOS machines than anticipated, due to higher retention and charging rates
• Cost of HBOS acquisition significantly lower at circa £52m as opposed to maximum of £76.6m