Pollard Banknote subsidiary awarded pull tab contract extension by the Iowa Lottery

    COUNCIL BLUFFS, IA, Nov. 26 /CNW/ - American Games, a subsidiary of
Pollard Banknote, has been awarded a one-year extension of a contract to
supply the Iowa Lottery with pull tab tickets. This is a fourth extension of
the original agreement signed in 2004.
    "American Games' relationship with the Iowa Lottery began in 1987 when we
started developing pull tab games as a new product for the Lottery," said
Steven Fingold, Vice President, Sales, American Games. "Since that time, we
have enjoyed an uninterrupted working relationship with the Iowa Lottery and
feel a sense of accomplishment that we have been able to provide them both
with our games and player/retailer-friendly vending machines."
    "American Games continues to serve the needs of the Iowa Lottery," said
Joe Hrdlicka, Vice President, Marketing, Iowa Lottery. "We look forward to
strengthening our game portfolio by adding more exciting pull tab products
that offer players great value."
    Since its establishment in 1985, the Iowa Lottery has raised over $1 
billion in profits for state programs that contribute to the well-being of all
Iowans. Lottery proceeds have been used to support education, health and human
services, natural resources, and economic development.

    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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