Global Cash Access Seeks to Amend Credit Facilities

LAS VEGAS--(BUSINESS WIRE)--Oct. 27, 2006--Global Cash Access, Inc. (NYSE:GCA), ("GCA" or the "Company"), a wholly-owned subsidiary of Global Cash Access Holdings, Inc., today announced that it intends to enter into agreements for a Second Amended and Restated Credit Facility (the "Amended Facility") with a syndicate of selected lenders.

The Amended Facility will replace the Company's existing senior secured credit facility. Among other provisions, the Company anticipates that the Amended Facility will have the following features:

• Total availability under the facility is anticipated to be $200 million, consisting of $100 million of revolving credit facilities and $100 million of Term Loan A credit facilities. The Amended Facility is anticipated to have a five-year maturity.
• Interest rates are anticipated to be determined based on market rates plus a credit spread that will be based on the Company's senior leverage ratio (as defined in the Amended Facility). Based on its current level of senior leverage, the Company anticipates the initial credit spread will be lower than the credit spread in the existing facility.
• Mandatory amortization of the Term Loan A component of the Amended Facility is anticipated to be approximately $1 million per year, compared to approximately $9 million per year under the existing facilities. The Company will be required to make additional payments based on excess cash flow only if senior leverage rises to levels significantly above current levels.
• The Amended Facility will contain a variety of financial and other covenants. The Company currently anticipates that it will be able to comply with all such covenants. Among other things, the Amended Facility will allow the Company to pay dividends or make share repurchases subject to certain limits governed by its free cash flow.
• The Amended Facility will be an obligation of GCA and will be guaranteed by Holdings and all of the Company's wholly-owned domestic subsidiaries except Arriva Card, Inc. The Amended Facility will be secured substantially all of the Company's and the guarantors' assets.

Completion of the Amended Facility is subject to, among other things, execution of final documentation by the Company and the various lenders, and the satisfaction of various conditions precedent contained in the Amended Facilities.

About Global Cash Access Holdings, Inc.

Las Vegas-based Global Cash Access Holdings, Inc. is a holding company whose principal asset is the stock of Global Cash Access, Inc. ("GCA"). GCA is a leading provider of cash access systems and related marketing services to the gaming industry. For more information, please visit the Company's Web site at www.globalcashaccess.com.

Forward-Looking Statements

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Such forward-looking statements include statements regarding Global Cash Access Holdings, Inc.'s intention to enter into the Amended Facility and the anticipated terms and conditions of the Amended Facility. Such forward-looking statements involve risks and uncertainties that, if realized, could cause actual results to differ materially from those implied by forward looking statements. These risks and uncertainties include the failure to finalize negotiations regarding the Amended Facility, changes to the terms and conditions of the Amended Facility from those currently anticipated, the failure to satisfy the conditions precedent to the Amended Facility or the failure of the requisite lenders to execute the definitive legal agreements required to complete the Amended Facility. The forward-looking statements contained in this press release are made as of the date hereof, and Global Cash Access Holdings, Inc. does not assume any obligation to update or qualify any of the statements made herein.

CONTACT: Global Cash Access, Inc.
Investor Contact
Harry Hagerty, CFO, 702-262-5003
or
Katcher Vaughn & Bailey Communications
Media Contact
Dean Flener, 615-248-8202

SOURCE: Global Cash Access, Inc.