Travelex Money Transfer (TMT), a leading worldwide money transfer service provider, signed a cooperation agreement with the country's leading pawnshop network Cebuana Lhuillier to provide international remittance service, leveraging TMT's worldwide & Cebuana Lhuillier's nationwide network.

The signing ceremony, held at Shangri-la Hotel Makati, was officiated by Mr Philippe Andre Lhuillier, Vice President of Cebuana Lhuillier Services Corporation and Mr Mohit Davar, CEO of TMT, in the presence of Mr Steve Verleye, Senior Vice President and General Manager of E-Pay at Coinstar Inc. (Coinstar). The latter has recently acquired TMT from Travelex Group.

The cooperation will maximize the synergies of the two companies. TMT, currently present in 136 countries, is now delivering an innovative Internet-based money transfer service through its 20,000 plus agent locations. Cebuana Lhuillier has one of the largest network of pawnshops in the Philippines with flexible working hours. Under this cooperation, Filipino customers can receive their cash remittance at Cebuana Lhuillier's locations during Sundays & public holidays.

Philippe Andre Lhuillier said during the ceremony, "We are pleased to work with TMT in the remittance business. We have opened up 400 branches to serve TMT initially. With the nationwide network of Cebuana Lhuillier and Pera Padala, the money remittance needs of our customers will be further served with this tie-up with TMT"

Mohit Davar, CEO of TMT said, "This cooperation marks a milestone for TMT's business development in the Filipino remittance corridor. At present, most TMT customers pick up their instant cash at our agent banks in the Philippines. The agreement to merge our present reach with the extensive nationwide network of Cebuana Lhuillier will enable our customers to receive cash within minutes even on Sundays & public holidays."

Steve Verleye said, "Coinstar prides itself on being a multi-national one-stop supplier for retailers' front-of-store needs. With the acquisition of TMT, we will add money transfer to our product portfolio. On the other hand, we will explore the possibility of introducing Coinstar's e-payment products to this part of the world. Of course, TMT's business focus will still be money transfer in the near future. We will make the investment that is required to position TMT as one of the top three money transfer companies in the world."

About Cebuana Lhuillier

Cebuana Lhuillier Pawnshop is the country's largest pawnshop network with branches in almost every city, town or district in the Philippines. Since its incorporation in the 1980's, millions of satisfied Filipinos have already experienced the friendly and excellent service that Cebuana Lhuillier Pawnshop is known for. Optimizing the benefits of the Cebuana Lhuillier Pawnshop network, Cebuana offers innovative products and services to adapt to the changing needs of its valued customers. Products and services offered include Pawn loans, AllCare Insurance or Alagang Cebuana Insurance and Pera Padala Money Remittance service.

Pera Padala is the money remittance service of Cebuana Lhuillier Services Corporation (CLSC) that provides an alternative service to customers who are looking for a quick, affordable, easy and safe way to send money anywhere in the Philippines.

Offered at almost all Cebuana Lhuillier branches nationwide, with some branches opening as early as 7 am and extending working hours to accommodate emergency needs, Pera Padala answers the need of students, workers and other customers for immediate money transfer without the worries of maintaining a bank account. Pera Padala's strategic partnership with leading international financial institutions has also made the service accessible to millions of Filipinos overseas.

Banking on Cebuana Lhuillier's reputation of reliability and trustworthiness, customers are assured that money transfer is safe and secure at all times. And with branches spread all over the country, customers will have an easier time to remit and claim money.

For more information on Cebuana Lhuillier and the Pera Padala service, log on to www.pjlhuillier.com or www.perapadala.com.

About Travelex Money Transfer

Travelex Money Transfer Limited ("TMT"), previously a wholly-owned subsidiary of Travelex Ltd., was acquired by Coinstar Inc. in May 2006. TMT is the third largest money transfer network in terms of agent locations and countries in which TMT does business. Currently, TMT operates an agent network in over 20,000 locations in 136 countries. TMT was established in mid-2003 and uses leading edge Internet-based technology to provide consumers with an easy-to-use, reliable and cost-effective way to send money around the world. In addition to company-owned locations, TMT has agreements with banks, post offices, and other retail locations to supply its service. For more information, visit www.tmtmoney.com.

About Coinstar

Coinstar, Inc. (NASDAQ:CSTR) is a multi-national company offering a range of 4th Wall(TM) solutions for the retailers' front of store consisting of self-service coin counting, electronic payment solutions, entertainment services and self-service DVD rental. The company's products and services can be found at more than 65,000 retail locations including supermarkets, drug stores, mass merchants, financial institutions, convenience stores and restaurants in the US, UK & Canada. For more information, visit www.coinstar.com.