DataCash CEO Terry Cave quits

Source: DataCash Group

The Board of DataCash Group plc announces that Terry Cave, Chief Executive Officer, has resigned for personal reasons and has left the Group with immediate effect.

The Board has identified his successor, and expects to make an announcement shortly, with a view to him joining in January 2006.

DataCash will make its usual pre-close announcement in January, and is confident that City expectations for the year ending 31 December 2005 will be met.

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