Prestigious cash handling assignment in Turkey


Loomis’ Turkish subsidiary has signed a three-year agreement with HSBC Turkey
for cash handling services across Turkey. The agreement, which initially covers
three years, means that Loomis will provide approximately 260 bank branches and
around 470 ATMs in 16 cities with cash. Major cities for the assignment,
including both cash in transit and cash management services, are the capital
Ankara and the port city of Izmir. To provide the new services Loomis Turkey
will also invest further in improved infrastructure including three new branches
as well as significant upgrades of existing branches.

“The assignment and the creation of new branches mean that we are taking an
important step towards becoming a nation-wide operator and for the first time in
a large scale take care of the entire cash management of a major customer in
Turkey. We see Turkey as a key growth market with a low degree of outsourcing,
which means there are good opportunities for expansion”, says Loomis President
and CEO Lars Blecko.

At the beginning of 2013, Loomis has also received several other prestigious
assignments in Turkey. These include a two-year contract with Istanbul's Metro,
Istanbul Ulasim, where Loomis will provide cash for ticket vending machines and
entrance gates at five subway lines and will also be responsible for cash
processing.

Furthermore, Loomis has also been appointed an extended contract with additional
cash services for ING in Turkey. The three-year contract covers more than 200 of
ING’s bank offices in Turkey.

The combined annual contract value for HSBC, the Istanbul subway and ING is
approximately SEK 40 million.

28.5.2013
Lars Blecko
President and CEO
Cell number: +46 70 641 49 10
Loomis offers safe and effective comprehensive solutions for the distribution,
handling and recycling of cash for banks, retailers and other commercial
companies via an international network consisting of almost 400 branch offices
in 16 countries. Loomis has 20 000 employees and annual revenue of 11 billion
Swedish kronor. Loomis is a midcap listed company on NASDAQ OMX Stockholm.
Loomis AB discloses the information provided herein pursuant to the Swedish
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 8.00 a.m. (CET) on May 28th, 2013.

Attachments

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