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Cash America Completes Acquisition of 41 Pawn Lending Locations in Texas



  Cash America Completes Acquisition of 41 Pawn Lending Locations in Texas

Business Wire

FORT WORTH, Texas -- August 14, 2013

Cash America International, Inc. (NYSE: CSH) today announced that it has
completed the acquisition of a chain of 41 pawn lending locations in the State
of Texas that operate primarily under the name of Top Dollar Pawn and were
owned by TDP Superstores Corp. Cash America previously announced that it had
signed a definitive agreement in connection with the acquisition in June with
the intention of completing the transaction before the end of September.

Cash America now operates 298 of its 868 U.S. lending locations in Texas and
management believes that the addition of these locations significantly
enhances the Company’s presence in a number of important Texas markets,
including 15 stores in Houston, 13 stores in Dallas-Fort Worth, 5 stores in
San Antonio and 8 additional locations in other central Texas markets.
Management expects that the acquisition will be immediately accretive to
earnings; however, the incremental earnings from the additional operating
locations will not materially affect its expectations, published July 25,
2013, for the final two quarters of fiscal 2013 which included the anticipated
benefit of the acquisition.

The aggregate purchase consideration for the Top Dollar Pawn acquisition was
approximately $103 million which was in line with the previously released
expectations. The full amount of the consideration was paid in cash.

About the Company

As of June 30, 2013, Cash America International, Inc. operated 964 total
locations offering specialty financial services to consumers, which included
the following:

  * 827 lending locations in 22 states in the United States primarily under
    the names “Cash America Pawn,” “SuperPawn,” “Cash America Payday Advance,”
    and “Cashland;”
  * 47 pawn lending locations in central and southern Mexico under the name
    “Cash America casa de empeño;” and
  * 90 check cashing centers (all of which are unconsolidated franchised check
    cashing centers) operating in 14 states in the United States under the
    name “Mr. Payroll.”

Additionally, as of June 30, 2013, the Company offered consumer loans over the
Internet to customers:

  * in 32 states in the United States at http://www.cashnetusa.com and
    http://www.netcredit.com;
  * in the United Kingdom at http://www.quickquid.co.uk, and
    http://www.poundstopocket.co.uk;
  * in Australia at http://www.dollarsdirect.com.au; and
  * in Canada at http://www.dollarsdirect.ca.

For additional information regarding the Company and the services it provides,
visit the Company’s websites located at:

http://www.cashamerica.com           http://www.poundstopocket.co.uk
http://www.enova.com                 http://www.dollarsdirect.com.au
http://www.cashnetusa.com            http://www.dollarsdirect.ca
http://www.netcredit.com             http://www.goldpromise.com
http://www.cashlandloans.com         http://www.mrpayroll.com
http://www.quickquid.co.uk
                                      

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

This release contains forward-looking statements about the business, financial
condition, operations and prospects of the Company. The actual results of the
Company could differ materially from those indicated by the forward-looking
statements because of various risks and uncertainties including, without
limitation: the effect of or changes in domestic and foreign pawn, consumer
credit, tax and other laws and governmental rules and regulations applicable
to the Company's business or changes in the interpretation or enforcement
thereof; the anticipated regulation of providers of consumer financial
products and services by the Consumer Financial Protection Bureau; public
perception of the Company’s business, including its consumer loan business and
its business practices; the deterioration of the political, regulatory or
economic environment in foreign countries where the Company operates or in the
future may operate; fluctuations, including a sustained decrease, in the price
of gold or deterioration in economic conditions; the effect of any current or
future litigation proceedings or any judicial decisions or rule-making that
affect the Company, its products or its arbitration agreements; the actions of
third parties who provide, acquire or offer products and services to, from or
for the Company; changes in demand for the Company’s services, the Company’s
ability to attract and retain qualified executive officers; a prolonged
interruption in the Company’s operations of its facilities, systems and
business functions, including its information technology and other business
systems; the ability of the Company to open new locations in accordance with
its plans or to successfully integrate newly acquired businesses into the
Company’s operations; changes in competition; interest rate and foreign
currency exchange rate fluctuations; changes in the capital markets; changes
in the Company’s ability to satisfy its debt obligations or to refinance
existing debt obligations or obtain new capital to finance growth; security
breaches, cyber attacks or fraudulent activity; compliance with laws and
regulations applicable to international operations; the implementation of new,
or changes in the interpretation of existing, accounting principles or
financial reporting requirements; acts of God, war or terrorism, pandemics and
other events; the effect of any of such changes on the Company’s business or
the markets in which it operates; and other risks and uncertainties indicated
in the Company’s filings with the Securities and Exchange Commission. These
risks and uncertainties are beyond the ability of the Company to control, nor
can the Company predict, in many cases, all of the risks and uncertainties
that could cause its actual results to differ materially from those indicated
by the forward-looking statements. When used in this release, terms such as
“believes,” “estimates,” “should,” “could,” “would,” “plans,” “expects,”
“anticipates,” “may,” “forecasts,” “projects” and similar expressions and
variations as they relate to the Company or its management are intended to
identify forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements to reflect
events or circumstances occurring after the date of this release.

Contact:

Cash America International, Inc.
Thomas A. Bessant, Jr., 817-335-1100
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