12 month price target 167p based on the new business likeley to be generated by rolling out their smart card offering also good management

LONDON (Thomson Financial) - Mobile Credit Baltic PLC (MCB) said it has entered into an agreement with Conister Trust PLC to issue MasterCard debit cards to customers in Estonia.

Financial details of the deal were not disclosed.

MCB, which provides short-term credit to consumers, said the first card is scheduled to be launched early autumn, and it may extend the deal with Conister to cover all Fenno-Baltic markets in future.

MCB said it will market the cards, issued by Conister, to its existing customer base under the Credit24 brand.

Press release 24 April 2007



Mobile Credit Baltic plc customers to get MasterCard



Mobile Credit Baltic plc ('Mobile Credit Baltic' or 'MCB'), the provider of
immediate, short-term credit to borrowers in Finland, Estonia, Latvia and
Lithuania, and Conister Trust plc ('Conister Trust' or 'Conister'), an Isle of
Man bank, have entered into an agreement (the 'Agreement') to issue MasterCard
debit cards to customers in Estonia.



The cards will be issued by Conister Trust under Conister's MasterCard debit
card issuing licence from its base in the Isle of Man, and marketed by Mobile
Credit Baltic to MCB's existing customer base under the Credit24 brand name.



The Agreement underlines MCB's reputation as a growing consumer-finance group by
strongly differentiating the Credit24 brand in the short-term, unsecured lending
market, enhancing customer loyalty and potential repeat business, and putting a
card with MCB's Credit24 brand in customers' wallets as a platform for other
product sales.



The first card is scheduled to be launched during early autumn 2007. MCB and
Conister may extend the relationship to cover all Fenno-Baltic markets in the
future.



Rami Ryhanen, Chief Executive of Mobile Credit Baltic plc, said: 'The
association with Conister Trust brings us a valuable relationship with a
forward-thinking MasterCard issuing bank, and will allow MCB further to enhance
the range of products and flexibility we can offer our customers.'





Further information:



Mobile Credit Baltic plc:
Rami Ryhanen, Chief Executive +358 50 550 0262

Excelent news.

Game on now and I expect further deals will be done with Mellon in charge.

so why no RNS from Conister ???

Because no financial detail given Gordon.

your dont have to have and for a RNS then again you don't need to issue an RNS like they aren't going to issue one to say when results due either

they are due 'early may' per Jerry Lineham which is now so could expect them any day without warning so watch this space

Might suggest why SP has tweaked up over last couple of days, mind the company are going to make a loss and the results have no real significance for the way forward.

it looks as thought the mm's are ticking it up in anticipation of some good news or fine words about the future lets hope so

GF have a look at the last week of trades 5x25k trades gone thru all at similar times they look at little like some sly? stake building

Yes Ive had a look Gordon. (good spot)

Mellon again or one of his chums?.

Its not me, Ive already got just over 60 grand here.

your more confident than me ....
and i'm a little concerned about information flow or the lack of it

Im sure thatl be sorted out in time gordon.

TDW forecasting results between 7-9 May clearly wont be monday my money is on wednesday ...

Looks like it could be Wednesday then Gordon.

Not expecting anything other than a loss.

not today it seems this is why i HATE it when they dont put out a RNS.....

Im pretty confident Gordon everythings on track with the new operations.

Just a case of patience.

Off to a positive start to the week.

The results must surely come this week.

in anticipation of some long overdue news perhaps dont like it myself being kept in the dark and I only have a small shareholding compared to you GF

Have you noticed the spread has contracted to 2p from the usualy 4p any ideas why ?

Nope Gordon, strange but billing services as also had a good start and buy volume much higher than normal?.

are they in competition or is a tie up possible ?