RNS Number:0701Y
Scott Tod PLC
28 April 2004


FOR RELEASE 7.00AM 28 April 2004

Scott Tod Plc
("Scott Tod" or "the Company")
(Distribution and processing of ATMs and a
developer and manufacturer of card vending and change machines)

FURTHER PROGRESS AT SCOTT TOD

* Successful pilot of Cash-in-Transit business

* Approval by NatWest as National Cash Carrier

* Major new contract win for 250 ATMs

* 1,437 installed ATMs at 31 March 2004 - a 36% increase
on 31 December 2003 figure

* Targeting approximately 2,000 installed ATMs by 30 June 2004

Scott Tod announces today the result of its pilot of a new Cash-in-Transit
business, admittance to the NatWest National Cash Carriers Scheme and a major
new contract for provision of Fully Managed ATM machines.

The Company announced in its interim statement on 11 February 2004 that it was
piloting a Cash-in-Transit ("CiT") business to improve its product offering on
Fully Managed ATMs, whereby the Company would take in-house the delivery of the
cash and restocking of various ATMs.

The pilot has proved highly successful:

* The Company's in-house CiT business has produced greater eliability
with significantly fewer ATMs running out of cash and greater
customer confidence and satisfaction;

* The quantity of cash that needs to be allocated per ATM has
been reduced by approximately 40%.

* A trend is becoming apparent whereby utilisation of Fully Managed ATMs under
in-house CiT control increases when customers become aware of
the increased reliability.

NatWest Bank has now approved the Company as a 'National Cash Carrier' enabling
Scott Tod direct access to its cash centres for collection of bank notes.

As a result of the successful pilot and the approval as a National Cash Carrier,
the Company intends to roll-out the CiT offering over its entire Fully Managed
ATM estate in the next few months. All costs of the pilot have been expensed.

This new service has led to an immediate contract gain as the Company has been
awarded a new contract for the provision and operation of a further 250 Fully
Managed ATMs to be sited in pubs owned by Wolverhampton & Dudley Breweries Plc.
All these ATMs will be serviced by the in-house CiT business.

Of the two major contracts announced in February 2004, the roll-out of the
contract with Leisure Link for 500 Merchant Fill machines is proceeding apace
and should be completed by May 2004. The first installations of the Mitchell &
Butler Merchant Fill contract are scheduled to commence in May 2004 and they
have asked for 50 machines from this contract to be installed immediately as
Fully Managed machines, using the Company's in-house CiT service.

At 31 December 2003, the Company had 1,053 ATMs installed of which 316 were
Fully Managed and 737 Merchant Fill. At 31 March 2004, the figures were 1,437,
with 370 Fully Managed and 1,067 Merchant Fill ATMs. The new contract will
increase the number of Fully Managed machines by approximately 75% from the
31 December 2003 level and confirms the Company's position as the leading
supplier of ATMs to the pub sector.

The Company is still targeting to have approximately 2,000 ATMs installed by
30 June 2004 with further growth thereafter.

For further information:

Scott Tod Plc
David Massie (Chairman) 020 7389 1770
Nicholas Tod (Chief Executive) 01873 811 634

Beattie Financial
Brian Coleman Smith / James Chandler / Grace Marriner 020 7398 3300