AACE Ace Cash Express

DALLAS, Oct. 3 /PRNewswire-FirstCall/ -- ACE Cash Express, Inc. (NASDAQ:AACE) today announced that Donald H. Neustadt resigned as a director effective September 29, 2005 for personal reasons. He currently serves as a consultant to ACE under a Consulting Agreement dated as of July 1, 2005. "I want to thank Don on behalf of ACE's board, management and employees for his long service and contributions to ACE's success over the past 20 years. We look forward to continuing our relationship with Don in his on- going consulting role," stated Raymond C. Hemmig, Chairman of the Board. Mr. Neustadt started his career with ACE in October, 1985 as President and has served as a director of ACE since January 1987. He served as ACE's Chief Executive Officer from November 1994 through June 2004. About ACE Cash Express ACE Cash Express, Inc. is a leading retailer of financial services, including check cashing, short-term consumer loans and bill payment services, and the largest owner, operator and franchisor of check cashing stores in the United States. As of June 30, 2005, ACE had a network of 1,371 stores in 37 states and the District of Columbia, consisting of 1,142 company-owned stores and 229 franchised stores. ACE focuses on serving consumers, many of whom seek alternatives to traditional banking relationships in order to gain convenient and immediate access to check cashing services and short-term consumer loans. ACE's website is found at http://www.acecashexpress.com/ . DATASOURCE: ACE Cash Express, Inc. CONTACT: Jay B. Shipowitz, President & CEO, +1-972-550-5030, or , or William S. McCalmont, Executive Vice President & CFO, +1-972-753-2314, or , both of ACE Cash Express, Inc. Web site: http://www.acecashexpress.com/

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