BRIGHTHOUSE: Results for the Twelve Months Ended 31 March 2010

Rent-to-own Business Model Delivers Continued Growth

LONDON, July 19, 2010 - BrightHouse, https://www.brighthousegroup.co.uk the leading UK
rent-to-own retailer, today announces audited results for the twelve months
to 31 March 2010.

    Highlights

    - Revenue up 16% to GBP197.3m (2008/09: GBP170.6m)
    - Underlying EBITDA* was up 16% to GBP34.1m (GBP29.4m)
    - Operating profit GBP24.8m (GBP23.9m)
    - Customer base grew 20% from 146,000 to 175,000
    - Independent research indicates a 96% customer satisfaction rate
    - 40% of new customers are referrals from existing customers
    - 21 new stores opened, taking the total to 198
    - 200th BrightHouse store (Bedford) opened in June; current total
204 stores

* operating profit before depreciation of fixtures, equipment and
vehicles, amortisation and historical one off items.

Leo McKee, Chief Executive, said:

"Shoppers are cautious in the current economic climate but BrightHouse
has again delivered improved revenue, profit and customer numbers. The
company has grown from 141 stores in 2006, to 204 today. It opened 21 stores
in the financial year ending 31 March 2010, and plans to open a further 30
stores during the current financial year, taking the total to 228. We will
continue to expand by serving our core market - low income families. The
alternative credit market in the UK comprises some 5.2 million households,
giving us the potential to expand the chain over time to as many as 650
stores."

"We are a responsible lender, serving families in some of the most
socially deprived areas of Britain. We understand their needs and they value
the convenience of making weekly payments and the personal relationship they
develop with their store manager.There continues to be great demand for this
proposition and the company's growth prospects are good. Current trading is
in line with management expectations and the company anticipates delivering
further profitable growth."

    Summary

    - BrightHouse provides quality branded household goods to
      customers on affordable weekly payments through 204 retail stores
      nationwide.
    - The company currently has around 175,000 customers throughout the
      country. It provides customers, many of whom are credit impaired,
      with the means to access quality household goods and services through
      responsible lending and affordable weekly payments.
    - The robust trading performance for the year to 31st March 2010
      included continued revenue growth from new and existing stores,
      stable margins and consistent debt management.
    - The chain has continued to achieve healthy revenue growth. Total
      revenue increased by 16% in 2009/10, with like-for-like revenues up
      10.7%.
    - With more than 2,400 staff, BrightHouse is a major employer in
      the local communities where its stores are located.
    - Attractive and profitable growth opportunities exist, with
      increasing market penetration, organic expansion and maturing stores.
      The store expansion programme is continuing, with 30 new stores
      scheduled to open in the current year.

Notes to editors

BrightHouse (www.brighthouse.co.uk) is a national retail chain
specialising in the sale of home electronic and domestic appliances,
household furniture and related products, on a 'rent to own' affordable
weekly payment basis. BrightHouse provide customers access to a choice of
products, operating without the normal requirement of large deposits and
credit ratings. With 2400 staff UK-wide, BrightHouse is a major employer in
the local communities where its stores are located. BrightHouse supports
NSPCC, the UK's leading children's charity that specialises in child
protection and the prevention of cruelty to children.

To find out more about BrightHouse, visit their websites -
https://www.brighthouse.co.uk, en.wikipedia.org/wiki/BrightHouse_(
retailer) or https://www.brighthousegroup.co.uk Also check out the
BrightHouse blog: www.brighthouseblog.co.uk

Caversham Finance Limited trading as BrightHouse. Registered
in England 785922.

    For further information please contact:
    Brunswick PR: +44(0)20-7404-5959
    brighthouse@brunswickgroup.com
    Kevin Byram, Craig Breheny, Michelangelo Bendandi, Charlotte Robertson

For further information please contact: Brunswick PR: +44(0)20-7404-5959, brighthouse at brunswickgroup.com, Kevin Byram, Craig Breheny, Michelangelo Bendandi, Charlotte Robertson