Pollard Banknote Awarded Contract Extension By the Texas Lottery Commission

    YPSILANTI, MI, Aug. 20 /CNW/ - Pollard Banknote has been awarded a
one-year extension to its existing contract for instant lottery ticket
manufacturing and related services for the Texas Lottery. Beginning on
September 1, 2009, this extension will continue through August 31, 2010 and
builds on a relationship between Pollard Banknote and the Texas Lottery that
has existed since 1999.
    "Over the course of the past six years, Pollard Banknote has printed
nearly 100 different games for the Texas Lottery," said Gordon Pollard,
Co-Chief Executive Officer, Pollard Banknote. "During this time, the strength
of our extended play and licensed games has added an average of close to $1.5
million to the Texas Lottery's weekly sales total. Looking ahead to the next
year, we anticipate our innovative and creative campaigns will foster revenue
    Since 1997, more than $11 billion has been contributed by the Texas
Lottery to the Foundation School Fund, and of that total, nearly $1 billion
was contributed in fiscal year 2008.

    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 (gpollard@pbl.ca) or John
Pollard (jpollard@pbl.ca), Co-Chief Executive Officers, Phone: (204) 474-2323,

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