Arizona Lottery Awards New Contract for Instant Ticket Printing and Production Services to Pollard Banknote

    YPSILANTI, MI, June 15 /CNW/ - The Arizona Lottery has awarded Pollard
Banknote a new five-year contract for instant ticket printing and production
services following a procurement competition that took place earlier this
year. This new contract is scheduled to commence in January 2010 and includes
five 1-year renewal options.
    "The Arizona Lottery is pleased to continue our excellent relationship
with Pollard Banknote," said Jeff Hatch-Miller, Executive Director, Arizona
Lottery. "The company prints some of our most successful games and has proven
to be a very reliable and valuable partner. Our success is based on
partnerships with vendors like Pollard Banknote who support our strategic
initiatives. We look forward to working together for another five years."
    Pollard Banknote's relationship with the Arizona Lottery began in 1998
with the re-launch of its $2 Bingo game and the collaborative development of
the Lottery's hugely successful $2 Crossword game, which was introduced in
1999. Since then, Pollard Banknote has worked closely with the Lottery to
build successful multiple price point strategies for each of these popular
core game formats. The Crossword and Bingo categories-which employ Pollard
Banknote's patented translucent marking system-currently comprise
approximately 38% of the Arizona Lottery's weekly instant sales.
    The Lottery has also seen success with a variety of other product
offerings from Pollard Banknote, including the company's patented Scratch
FX(TM) games.
    "We are extremely proud of the partnership we have established with the
Arizona Lottery," said Gordon Pollard, Co-Chief Executive Officer, Pollard
Banknote. "We're delighted that our products and services form an integral
part of the Lottery's product mix and welcome this opportunity to continue
helping the Arizona Lottery achieve even greater sales in the coming years."
    The Arizona Lottery achieved a record-breaking $472 million in sales in
fiscal year 2008 - the highest in the Lottery's 27-year history. As a result,
beneficiaries received more than $144.5 million. These dollars fund a wide
variety of public projects and programs, including transportation, health
care, parks, education, arts, wildlife, and historic preservation in cities
and towns across the state.

    About Pollard Banknote Limited Partnership

    Pollard Banknote Limited Partnership ("Pollard Banknote") is one of the
world's leading full-service lottery vendors and is a major supplier to North
America's charitable gaming industry. The firm manufactures instant tickets
and provides related programming, design, and marketing support. As well,
Pollard Banknote manufactures ticket vending machines, pull tab tickets and
bingo paper, and supplies lottery management services (including warehousing
and distribution). Established in 1907, the firm is owned by the Pollard
family and the Pollard Banknote Income Fund and currently serves more than 45
lotteries worldwide, including some of the largest and most respected
lotteries in the United States, Canada, Europe, Asia, and Central and South

    About Pollard Banknote Income Fund

    Pollard Banknote Income Fund (TSX: PBL.UN) is an unincorporated, open-end
trust which owns 26.7% of Pollard Holdings Limited Partnership, which in turn
owns Pollard Banknote Limited Partnership.

    Forward-Looking Statements

    This press release may contain forward-looking statements relating to
expected future events and financial and operating results of the Pollard
Banknote Income Fund ("the Fund") or Pollard Holdings Limited Partnership that
involve risks and uncertainties. Actual results may differ materially from
management expectations as projected in such forward-looking statements for a
variety of reasons, including market and general economic conditions and the
risks and uncertainties detailed from time to time in the Fund's periodic
reports and registration statements filed with the Canadian securities
regulatory authorities. Due to the potential impact of these factors, the Fund
disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise,
unless required by applicable law.

For further information:

For further information: Gordon Pollard, ( or John
Pollard, (, Co-Chief Executive Officers, Phone: (204)

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