American Banknote Acquires Arthur Blank & Company

Fort Lee, NJ­—May 9, 2007—American Banknote Corporation, parent of the ABnote Group, announced today that it has acquired Arthur Blank & Company of Boston for an undisclosed amount of cash and stock. The acquisition of Arthur Blank & Co., one of North America’s oldest and largest plastic card companies, nearly doubles ABnote’s U.S. operations, and provides the world-wide ABnote Group access to Arthur Blank’s rich set of capabilities, high volume capacity and intellectual property, along with the ability to offer new products throughout the six continents that it serves. In addition, ABnote announced that Stuart and Eric Blank, long recognized as major leaders in the industry, will assume responsibility for ABnote’s entire North American plastic card operations, including the ongoing management of Arthur Blank’s existing operations.