PHTM.L Regulatory News (PHTM)

18 October 2019

Photo-Me International plc("Photo-Me" or "the Group")

Change of Auditor

Photo-Me International plc (PHTM.L) is pleased to announce the appointment of Mazars LLP as auditor to the Group following a tender process. The appointment was approved by shareholders at Photo-Me's Annual General Meeting on 3 October 2019.

Grant Thornton (UK) LLP has resigned as auditor of the Group and has confirmed to the Group that there are no matters connected with its ceasing to hold office that need to be brought to the attention of the members or creditors of the Company under section 519 (3A) of the Companies Act 2006.

Enquiries:

NOTES TO EDITORS

Photo-Me International plc (LSE: PHTM) operates, sells and services a wide range of instant service vending equipment, primarily aimed at the consumer market.

The Group operates approximately 47,000 vending units across 18 countries and its technological innovation is focused on three principal areas:

·; Identification: photobooths and integrated biometric identification solutions

·; Laundry: unattended laundry services, launderettes, B2B services

·; Kiosks: high-quality digital printing

In addition, the Group operates vending equipment such as children's rides, amusement machines and business service equipment.

The Group has built long-term relationships with major site owners and its equipment is generally sited in prime locations in areas of high footfall such as supermarkets, shopping malls (indoors and outdoors) and public transport venues. The equipment is maintained and serviced by an established network of 700 field engineers.

The Company's shares have been fully-listed on the London Stock Exchange since 1962.