CTU Conister Tst

RNS Number:9314J
Conister Trust PLC
14 December 2007


FOR IMMEDIATE RELEASE                                           14 December 2007


                               Conister Trust plc
                                  ('Conister')


As part of its continuing development of global payment solutions, Conister is
pleased to announce a new partnership agreement with CompuCredit Corporation of
the USA and that it has today signed formal contracts with CompuCredit UK, their
UK subsidiary. The relationship will enable Conister to issue credit cards
marketed and serviced by CompuCredit in the UK market under Conister's
membership of the MasterCard scheme. The management of the contract will be by
Conister's prepaid card subsidiary, TransSend. Both CompuCredit and Conister
anticipate that the volume of cards issued under this scheme will be
substantial.

CompuCredit Corporation is a US speciality finance company and marketer of
branded credit cards and related financial services. At the close of 2006,
CompuCredit serviced over 4.3 million customer accounts generating net income
after tax of US$107,475,000 with total assets of US$2,113,897,000. CompuCredit
is listed on NASDAQ: CCRT. In April 2007, CompuCredit purchased the Monument
credit card business from Barclaycard, a Division of Barclays Bank PLC with
receivables of �490 million.

Rich House, President of CompuCredit, stated, "Our relationship with Conister is
key to supporting our expansion within the UK market, where we see substantial
opportunities. We are pleased to have reached agreement with Conister who share
our vision for growth."

John Bushby, General Manager, MasterCard Northern Europe, commented, "We
congratulate CompuCredit on its new partnership with Conister and are pleased to
be their associate for credit card initiatives in the United Kingdom.

Jerry Linehan, Chief Executive of Conister said," We are delighted with the
relationship with CompuCredit which will represent our largest card programme to
date and we look forward to supporting CompuCredit's expansion plans. Conister's
membership of MasterCard allows the issue of credit, debit and prepaid cards.
Whilst our key market remains prepaid cards, with this partnership we have been
able to leverage our MasterCard membership to open up new and growing revenue
opportunities for Conister."

For further information, please contact:

Conister Trust plc:

Jerry Linehan, Chief Executive Officer,

Tel: +44 (0) 1624 694694

Beaumont Cornish Limited:

Roland Cornish

Tel: +44 (0) 207 628 3396



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END
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