QC Holdings, Inc. Announces Election of New Board Member

QC Holdings, Inc. (NASDAQ: QCCO) announced that Mr.Kevin A. Richardson II has been elected to its Board of Directorseffective April 18, 2006. Mr. Richardson is a founding member ofPrides Capital LLC and Prides Capital Partners, LLC, investment firmsspecializing in strategic block, activist investing in the small- andmicro-cap arena. The appointment of Mr. Richardson, 37, expands the QCboard to seven directors. Mr. Richardson, a 15-year investmentmanagement professional, has a B.S. from Babson College and an M.B.A.from Kenan-Flagler Business School at the University of NorthCarolina. Mr. Richardson is also a member of the board of directors ofHealthTronics, Inc. (NASDAQ: HTRN).

"Kevin is a seasoned investment and business leader who brings toour board a wealth of financial expertise that will be invaluable asQC grows and matures," said QC Chairman and Chief Executive OfficerDon Early.

Prides Capital has also increased its ownership in QC toapproximately 12% through the recent acquisition of an additional500,000 shares of QC common stock. Prides Capital purchased the stockthrough privately negotiated transactions with Mr. Early and anothermajor QC stockholder. In conjunction with the sale to Prides Capital,Mr. Early terminated his Rule 10b5-1 stock selling program.

"Our fund has continued to increase its stake in QC because webelieve in the long-term value being generated through the company'srecent investment in additional branches," said Mr. Richardson. "Ilook forward to working with QC's management team and the board ofdirectors to help deliver this value to all shareholders."

About QC Holdings, Inc.

Headquartered in Overland Park, Kansas, QC Holdings, Inc. is aleading provider of payday loans in the United States, operating 549stores in 25 states at March 31, 2006. With more than 21 years ofoperating experience in the retail consumer finance industry, theCompany entered the payday loan market in 1992 and, since 1998, hasgrown from 48 stores to 549 stores through a combination of new, or denovo, stores and acquisitions. During fiscal 2005, the companyadvanced more than $985 million to customers through payday loans andreported total revenues of $152.9 million.

Forward Looking Statement Disclaimer: This press release containsforward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995. These forward-lookingstatements are based on the Company's current expectations and aresubject to a number of risks and uncertainties, which could causeactual results to differ materially from those forward-lookingstatements. These risks include (1) changes in laws or regulations orgovernmental interpretations of existing laws and regulationsgoverning consumer protection or payday lending practices, (2)litigation or regulatory action directed towards us or the payday loanindustry, (3) volatility in our earnings, primarily as a result offluctuations in loan loss experience and the rate of growth in unitstores, (4) negative media reports and public perception of the paydayloan industry and the impact on state legislatures and federal andstate regulators, (5) changes in our key management personnel, (6)integration risks and costs associated with acquisitions, and (7) theother risks detailed under Item 1A. "Risk Factors" in our AnnualReport on Form 10-K for the year ended December 31, 2005 filed withthe Securities and Exchange Commission. QC will not update anyforward-looking statements made in this press release to reflectfuture events or developments.