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Royal Canadian Mint and Coinstar Bring Coin Recycling to Quebec

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MONTREAL, QUEBEC - September 26, 2007 – The Royal Canadian Mint and Coinstar Inc., today announced that coin recycling through Coinstar Centres is now available in the province of Quebec, helping consumers turn their change into 'found money.'

New to Quebec, Coinstar kiosks are convenient, fast and reliably count loose, unsorted change. No more sorting, counting or rolling your change – just convenient cash in your pocket. Approximately 90 Coinstar Centres have been installed throughout the province at participating Metro and Super C grocery stores.

After the coins are counted at the Coinstar Centre, customers receive a voucher to redeem for cash or to put toward store merchandise at the store's checkout. The cost to use Coinstar is a service fee equal to 9.8 per cent of the total value of the coins.
"Recycling coins is a cost-effective and efficient way to provide coins to the marketplace," says Ian E. Bennett, President and CEO of the Royal Canadian Mint. "The Mint, along with Coinstar, is making it possible for Canadians to recycle their spare change and turn it into cash – fast."

"Coinstar pioneered self-service coin counting in the early 1990s in the United States, and now we're very pleased to bring the Coinstar service to Canada and to the residents of Quebec," said Alex Camara, Senior Vice President and General Manager of Worldwide Coin at Coinstar, Inc. "In cooperation with the Royal Canadian Mint, we can not only help recycle the vast number of coins out of circulation, but help consumers easily turn their coins into cash without the hassle of sorting, wrapping and rolling."

Coinstar Centres are located in communities across the province of Quebec, including:

  • Laval
  • Gatineau
  • Trois Rivières
  • Longueuil
  • Sherbrooke
  • Boucherville
Over the past year, the Royal Canadian Mint, in cooperation with Coinstar, has continued to expand its recycling program. More than 300 Coinstar Centres are now installed in Southern Ontario, Ottawa, and now Quebec. Many consumers never cash in their spare change, because they've simply forgotten about it, do not realize the value, or haven't had an opportunity to use it in daily transactions.
How to start recycling
Visit www.coinstarinc.ca for the location nearest you. To find out more about the Royal Canadian Mint's recycling efforts, please visit www.mint.ca.

About the Royal Canadian Mint
The Royal Canadian Mint, an ISO 9001 2000 certified company, is the Crown Corporation responsible for the minting and distribution of Canada's circulation coins. In operation since 1908, The Royal Canadian Mint is recognized as one of the largest and most versatile mints in the world, offering a wide range of specialized, high quality coinage products and related services on an international scale. For more information on the Royal Canadian Mint, its products and services, visit www.mint.ca.

About Coinstar, Inc.
Coinstar, Inc. (NASDAQ:CSTR), a Bellevue, Washington-based company founded in the early 1990s, operates a network of more than 14,000 self-service coin counting kiosks in the United States, Canada, Puerto Rico, and the United Kingdom. In Canada, the company's self-service coin counting solution can be found at supermarket locations in Southern Ontario, Ottawa and Quebec.

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For more information, please contact:
Christine Aquino
Director, Communications
Royal Canadian Mint
Tel: 613-993 9999
Tel: 613-991-5342
aquino@mint.ca

Marie-Sophie Villeneuve
Consultant
HKDP Communications and Public Affairs
Tel: 514-395-0375, ext. 227
msvilleneuve@hkdp.qc.ca

Brigitte Filiatrault
Director
Porter Novelli (for Coinstar, Inc.)
Tel: 514-527-5508
Brigitte.Filiatrault@porternovelli.com

Sylvie Piché
Senior Consultant
Porter Novelli (for Coinstar, Inc.)
Tel: 514-846-5605
Sylvie.Piche@porternovelli.com