PRESS RELEASE

Spectrum Interactive Plc Signs Second Integrated ATM Payphone Contract

Reflecting its increased presence in high street locations Spectrum Interactive PLC, the payphone and internet kiosk operator, has entered into a five-year contract with TRM (ATM) Limited. TRM cash machines will be installed on existing Spectrum payphone kiosks sited across the UK, in densely populated and busy retail areas. The agreement allows TRM to select up to 75 street kiosks over the next 12 months, with the option of a further 75 thereafter. The first ATM/Payphone kiosks are planned for installation in Q3 2005.

Spectrum Interactive PLC Chief Executive, Mark Lewarne, comments: "Our asset base offers an ideal platform for a joint venture of this nature, and TRM was able to provide flexible solutions to accommodate our needs. We look forward to developing a long-term relationship with TRM as we continue to expand our business across Europe."

TRM's Managing Director Ashley Dean said: "We have been impressed with the clear understanding Spectrum Interactive have of their asset base and are pleased to have developed this flexible solution that recognises the value of our commercial offering."

For further information :

Spectrum Interactive plc
Mark Lewarne, Chief Executive Officer
Philip Congdon, Chief Financial Officer

Seymour Pierce Limited
(Nominated Adviser and Broker)
Mark Percy
Jeremy Porter

Citigate Dewe Rogerson
(Financial PR)
Sarah Gestetner
George Cazenove

About Spectrum

Spectrum operates approximately 9,300 payphones and internet terminals across the UK and Germany.

• The Company is profitable, cash generative and is growing organically and by acquisition .

• Spectrum operates in a sector with high barriers to entry: UK payphone operators require powers under the Electronic Communications Code and planning permission from local authorities is required to secure kiosk sites in strategic public locations.

• The Company deploys new payphones in high-revenue generating locations and redeploys sites from low revenue to high revenue locations.

• In the UK, Spectrum is in the process of rolling out 750 new street payphones following an acquisition made in 2004, and in Germany, the Company is actively growing its estate in a less competitive market.

• Spectrum is leveraging its payphone units as a strategic asset to generate new revenue streams, including advertising, hosting microcell units for mobile operators and cash machines for ATM operators.

• Finally, Spectrum has developed a significant and growing base of public internet access terminals, and in February 2005, acquired UK Explorer, which increased its base of UK internet terminals to 1,000 units.

About TRM

TRM Corporation is a consumer services company that provides convenience ATM and photocopying services in high-traffic consumer environments. TRM's ATM and copier customer base has grown to over 36,000 retailers throughout the United States and over 46,000 locations worldwide, including 6,000 locations across the United Kingdom and over 5,000 locations in Canada. TRM operates the largest multi-national ATM network in the world, with over 22,000 locations deployed throughout the United States, Canada, Great Britain and Northern Ireland.

More information can be found at http://www.trm.com