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                                                                 Exhibit 10.6(E)



                                   (TRM LOGO)

SERVICE AGREEMENT dated 1 April 2004 between:

TRM Copy Centres (UK) Limited, Registered No 3220922 of 1a Meadowbrook, Maxwell
Way, Crawley, West Sussex, RH10 9SA and TRM (ATM) Limited, Registered No 3782309
of 1a Meadowbrook, Maxwell Way, Crawley, West Sussex, RH10 9SA (together
collectively called "the Company" and Ashley Dean of 130 The Fairway, Midhurst,
West Sussex, GU29 9JF ("Mr. Dean").

INTRODUCTION

A.    The Company is in the consumer convenience services business, with its
      principal office in the United Kingdom at 1a Meadowbrook, Maxwell Way,
      Crawley, West Sussex. The Company is a subsidiary of TRM Corporation
      incorporated in Oregon and having its corporate headquarters at 5208 N.E.
      122nd Avenue, Portland, OR 97230-1074, USA ("the Parent Company").

B.    Mr. Dean has been appointed the Company's Managing Director with effect
      from 22 September 2003.

EMPLOYMENT

1.    ENGAGEMENT: As from 22 September 2003 the Company will employ Mr. Dean as
      its Managing Director and so long as he is re-elected to the board he will
      diligently serve the Company in that capacity. His employment is subject
      to six month's written notice from the Company to Mr. Dean and two months'
      written notice from Mr. Dean to the Company. Should the Company experience
      a change in control, his employment is subject to twelve month's written
      notice from the Company to Mr. Dean.

2.    CONTINUOUS EMPLOYMENT: Mr. Dean's period of continuous employment began on
      19th June 2000 when he first joined the Company.

3.    DUTIES: Subject to the Company's Memorandum and Articles of Associations,
      Mr. Dean will manage the Company's business under the board of directors
      and will report to the Chief Executive Officer of TRM Corporation or as
      directed by the Chief Executive Officer. He will endeavour to promote,
      develop and extend the business, giving it his full time and attention. If
      requested he will act jointly with any other person appointed by the board
      and also serve on the boards of other companies in the group if so
      requested.

4.    DIRECTORSHIP: Mr. Dean will not do anything that will disqualify him from
      acting as a director of the Company or its subsidiaries. If he does and
      consequently ceases to be a director of the Company for more than 14 days,
      his employment will automatically end and paragraph 28 will apply.
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ASHLEY DEAN SERVICE AGREEMENT
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5.    PLACE OF WORK: Mr. Dean will be based at 1a Meadowbrook, Maxwell Way,
      Crawley, West Sussex, but may from time to time be relocated anywhere
      within the UK. If, as a result of such relocation Mr. Dean is obliged to
      move home, the Company will reimburse his removal and other incidental
      expenses up to a reasonable amount.

      Mr. Dean's duties will include travel in the UK and abroad, often at short
      notice. He confirms that he has a valid UK passport and the Company has
      entered into this agreement on that understanding.

6.    HOURS OF WORK: Mr. Dean will have no fixed hours of work and will work
      whatever hours may be reasonably necessary for the efficient management of
      the Company.

REMUNERATION AND BENEFITS

7.    SALARY: Beginning 1 April 2004 the Company will pay Mr. Dean a basic
      salary of L100,000 per year inclusive of any director's fees payable by
      the Company or any of its subsidiaries. The salary will accrue from day to
      day and be paid monthly in arrears.

8.    EXECUTIVE BONUS COMPENSATION: Mr. Dean may be eligible for bonus
      compensation as may be recommended by the Chief Executive Officer and
      determined in the sole discretion of the Compensation Committee of the
      Board of Directors of TRM Corporation or by the entire Board of Directors
      of TRM Corporation.

9.    SHARE OPTIONS: Mr. Dean is eligible for and has received stock option
      grants of 7,500 shares in TRM Corporation issued under the current TRM
      Corporation Restated 1996 Stock Option Plan. Upon execution of this
      Agreement, Mr. Dean will receive non-qualified stock options to purchase
      an additional 7,500 shares in TRM Corporation issued under the current TRM
      Corporation Restated 1996 Stock Option Plan.

10.   EXPENSES: The Company will reimburse any travel or other business expenses
      that Mr. Dean has actually properly (and not unreasonably) incurred in
      carrying out his duties and shall supply satisfactory documentary evidence
      to the Company in respect thereto. This shall include, but not be limited
      to, mobile phone, computer and high-speed home internet access as mutually
      agreed.

11.   DIRECTOR LIABILITY: Mr. Dean will be covered under the Parent Company's
      existing Directors and Officers liability insurance arrangements.

12.   COMPANY CAR: The Company will provide Mr. Dean with a motorcar that is
      suitable, in the Company's opinion, for his status and duties. The car
      will be taxed, insured, maintained and repaired by the Company and
      replaced with a new leased vehicle every two years. Mr. Dean may use the
      car for business and private purposes and when travelling on company
      business will be reimbursed for his fuel costs in accordance with the
      Company's fleet policy.
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ASHLEY DEAN SERVICE AGREEMENT
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      Mr. Dean will drive carefully, take good care of the car and observe all
      the conditions in the Company's fleet policy and motor insurance policy.
      He confirms that he has a full, clean driving licence and the Company has
      entered into this agreement on that understanding.

13.   HOLIDAYS: Mr. Dean is entitled to 30 working days' holiday on full salary
      in every year, on dates to be agreed in advance with CEO of TRM
      Corporation. This is in addition to bank and public holidays. Holidays not
      taken in one year (not exceeding one week) may be carried forward to the
      next year. Holiday money will accrue pro-rata throughout the year and any
      accrued holiday money will be paid when this employment ends. The Company
      may require Mr. Dean to take any holiday due to him during a period of
      garden leave under paragraph 24 below.

14.   PENSION: The Company will contribute 3% of total salary to any approved
      pension scheme nominated by Mr. Dean.

15.   PRIVATE HEALTH INSURANCE: Mr. Dean is entitled to membership of the
      Company's private health insurance scheme on the terms now in force, which
      he understands may be varied from time to time.

16.   PERSONAL ACCIDENT INSURANCE: Mr. Dean will be eligible to participate in
      the Company's personal accident insurance plan on the terms now in force,
      which he understands may be varied from time to time.

17.   SICKNESS: The Company will continue to pay Mr. Dean's salary in full
      during any period of absence due to ill health or incapacity up to a
      maximum of two (2) weeks in any calendar year. After a period of twenty
      (20) weeks (unless he has already returned to work for at least four
      consecutive weeks) the Company may terminate his employment on payment of
      three months' salary in lieu of notice.

      Mr. Dean will give credit against his salary for any statutory sick pay.
      He will keep the Company fully informed as to his condition and prognosis
      and, if requested, will submit himself to an examination by a medical
      practitioner nominated by the Company. If he declines to do so his salary
      may be withheld.

18.   THIRD PARTY CLAIMS: Notwithstanding paragraph 17 Mr. Dean will not be
      entitled to any part of his salary if his absence due to incapacity
      results in an injury for which he is able to claim damages from a third
      party. In that event the Company may, in its absolute discretion, advance
      Mr. Dean sums not exceeding the salary that he would otherwise have
      received against his written undertaking to refund such payments from any
      damages he may recover for loss of earnings.

MR. DEAN'S OBLIGATIONS

19.   CONFIDENTIALITY: During his employment Mr. Dean will act in good faith
      towards the Company and will not allow his own and the Company's interests
      to conflict. Nor,
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ASHLEY DEAN SERVICE AGREEMENT
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      during his employment, will he disclose or make use of the Company's
      confidential information including materials, documents and information
      whether written or oral relating to the Company's and its Parent Company's
      business assets, operations, finances, product specifications, sales and
      marketing data and plans, pricing and cost information and any other
      technical or business information of whatever nature (whether written,
      verbal or electronic), trade or commercial secrets of which he may become
      possessed whilst in the service of the Company or previously or otherwise,
      except in the proper course of his duty under this agreement, or as
      authorised in writing by the board, or as ordered by a court of competent
      jurisdiction. After termination of this agreement Mr. Dean will still
      preserve the Company's and Parent Company's confidential information and
      trade and commercial secrets but (for the avoidance of doubt) will not be
      prevented from using his own business skills and experience in any other
      employment.

20.   OUTSIDE INTERESTS AND SHARE DEALINGS: During his employment Mr. Dean will
      not engage, whether directly or indirectly, in any other trade, business
      or profession without the board's consent; but this provision shall not
      prevent him from buying shares by way of investment so long as his
      shareholding does not exceed 5% of the issued share capital of any public
      listed company. However, Mr. Dean shall not be a shareholder in any direct
      competitors of the Company whether public or private.

      He will himself comply with the relevant Stock Exchange Regulations, and
      with the groups' own Code of Ethics in relation to dealings in the
      Company's and TRM Corporation's securities.

21.   LOYALTY: Mr. Dean will not at any time during his employment recruit or
      attempt to recruit any other director or employee of the Company, its
      parent, TRM Corporation, or its subsidiaries to work for him, or for any
      other person or organisation, either then or at any time in the future;
      nor will he do so for a period of twelve months after his employment has
      ended. This restriction extends to any individuals who may have been on
      the board of TRM Corporation or the board of a subsidiary during the final
      twelve months of Mr. Dean's employment and to any individuals who may have
      been working for the Company, TRM Corporation or a subsidiary during the
      same period.

22.   NON-COMPETITION DURING AND AFTER EMPLOYMENT

22.1  Mr. Dean acknowledges that he will obtain, in the course of his
      employment, knowledge of the trade connection and secrets and other
      confidential information of the Company and therefore Mr. Dean agrees with
      the Company (for itself and as trustee for each other member of the Group)
      to be bound by the following restrictions:

22.2  Mr. Dean shall not, for the period of twelve months after termination of
      their agreement (or such other reduced period which may be substituted
      therefore pursuant to this clause), directly or indirectly carry on or be
      engaged, concerned or interested in any business which is carried on
      within the United Kingdom and which is competitive or likely to be
      competitive with any business carried on by the Company after termination
      of this agreement.
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ASHLEY DEAN SERVICE AGREEMENT
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22.3  For the period of twelve months after termination of this agreement (or
      for such other reduced period which may be substituted therefore pursuant
      to this clause), directly or indirectly solicit in relation to any goods
      or services of the same or similar kind to those supplied by the Company
      as at the date hereof the custom of any person who was, at any time during
      the period of two years before the date of the termination, a customer of
      or in the habit of dealing with the Company.

22.4  For the period of twelve months after termination of this agreement (or
      such other period of years which my be substituted therefore pursuant to
      this clause), directly or indirectly interfere or seek to interfere or
      take such steps as may interfere with suppliers of goods or services to
      the Company or have any dealings in relation to any person who has at any
      time during the period of two years before the date of termination, a
      supplier of goods or services to the Company.

23.   SCOPE OF RESTRICTIONS: Mr. Dean acknowledges that paragraphs 19 and 20
      above impose separate and independent restrictions, the scope of which
      appears to be no greater than necessary for the protection of the
      Company's interests and is reasonable in all circumstances. However, he
      understands that such restrictions are open to scrutiny by the court and
      may sometimes be held invalid from the outset or because of changing
      circumstances. Accordingly if any of these restrictions shall be adjudged
      void or ineffective for whatever reason but would be adjudged valid and
      effective if the wording were revised, they shall be amended and modified
      as necessary to ensure their validity.

24.   GARDEN LEAVE: During the unexpired period of any notice served (by either
      party) under paragraph 1 of this agreement, the Company may suspend Mr.
      Dean's duties and direct that he absent himself from the Company's
      premises on garden leave.

25.   INVENTIONS, ETC: If Mr. Dean, by himself or with others, is working
      towards, makes or discovers any design, invention or improvement which may
      be relevant to the Company's business (or to the business of the Parent
      Company) he will promptly confide in the board. Any such design, invention
      or improvement shall be the absolute property of the Company and Mr. Dean
      will supply all of the documentary and other information in his possession
      or control, to enable the Company to exploit the same to the best
      advantage. He will also execute any necessary documents, and do whatever
      else may be necessary to secure the Company's intellectual property rights
      in any such design, invention or improvement, including patent or similar
      protection; and this whether or not he is still employed by the Company.

GRIEVANCE AND DISCIPLINARY PROCEDURES

26.   GRIEVANCES: If Mr. Dean has any grievance to his work he should first
      speak or write to the CEO of the Parent Company. In the event of a
      disagreement with any decision of the CEO of the Parent Company in
      relation to paragraphs 27, 28 and/or Schedule 1, Mr. Dean can refer the
      matter to the Chairman of the Parent Company, whose decision shall be
      final.
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ASHLEY DEAN SERVICE AGREEMENT
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27.   DISCIPLINARY RULES: The Company has a Code of Ethics, as well as a
      Disciplinary Code, a copy of which is attached as Schedule 1. Mr. Dean
      agrees that the Company may revise these Codes from time to time, and
      consents to such revisions, so long as they are fair and reasonable, not
      inconsistent with this agreement and not retrospective in effect.

VARIATION AND TERMINATION

28.   SUMMARY DISMISSAL: The Company may, in addition to the provisions in
      Schedule 1, dismiss Mr. Dean without notice if:

      (a)   he is guilty of dishonesty, serious neglect or gross misconduct in
            the course of his employment;

      (b)   he expressly or by implication repudiates this agreement;

      (c)   he acts in such a way (whether or not in the course of his
            employment) as to bring the Company or the group into disrepute;

      (d)   he is convicted of a criminal offence (this does not include a
            motoring offence unless it results in imprisonment or
            disqualification);

      (e)   he is declared bankrupt or enters into a composition or arrangement
            for the benefit of his creditors (this includes a voluntary
            arrangement under the Insolvency Act 1986); or

      (f)   he is admitted to hospital following an order under the Mental
            Health Act.

      (g)   He fails to cure any breach (if capable remedy) other than those in
            (a) to (f) above within 30 days of receipt of written notice from
            the Company requesting such cure.

29.   SUSPENSION: Pending consideration by the Company of any of the matters
      referred to in paragraphs 27 and 28 above Mr. Dean may be suspended from
      duty on full pay.

30.   RESIGNATION FROM DIRECTORSHIP: When his employment ends, for whatever
      reason, Mr. Dean will immediately on request resign from his office of
      director (and from his directorships of any other company in the group).
      In case he should fail to do so the Company is irrevocably authorised to
      appoint some other person to tender such resignations on his behalf.

31.   COMPANY PROPERTY: When his employment ends, for whatever reason, Mr. Dean
      will return to the Company's head office:

      (a)   his Company car and all his car keys;
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ASHLEY DEAN SERVICE AGREEMENT
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      (b)   his computer and mobile phone, with full details of any passwords
            which he may have installed;

      (c)   every Company document (including electronic documents) of whatever
            description in his possession or control, including his own working
            papers, together with any copies, notes or summaries of such
            documents (for all of which he undertakes to make a diligent
            search); and

      (d)   any other Company property in his possession or control.

32.   RECONSTRUCTION AND AMALGAMATION: If the Company goes into liquidation for
      the purpose of reconstruction or amalgamation, and if in such a case Mr.
      Dean is offered employment with some other company in the group on terms
      no less favourable than those in this agreement, then he shall have no
      claim against the Company for a redundancy payment, or for unfair or
      wrongful dismissal.

MISCELLANEOUS

33.   EMPLOYMENT PARTICULARS: This agreement, and the other documents to which
      it refers, together comprise the written particulars of employment to
      which Mr. Dean is entitled under Part 1 of the Employment Rights Act 1996.

      There is no collective agreement which directly affects these terms and
      conditions of employment.

34.   NOTICES: Any notices to be served on the Company may be sent by fax, email
      or first class letter post to its head office in the UK together with
      copies by fax or email to:

      TRM Corporation
      5208 N.E. 122nd Avenue
      Portland, OR 97230-1074
      USA

      Attn:  Chief Executive Officer
      Fax    001 503 251 5473
      Email  ktepper@trmcorporation.com

      Any notices to be served to Mr. Dean may be handed to him or sent by fax,
      email or first class letter post to his home address. Notices sent by
      first class shall be deemed to have been served on the first working day
      following posting. Notices sent by fax shall be deemed to have been served
      on the following day, but only if a transmission report is generated by
      the sender's fax machine recording a message from the recipient's fax
      machine, confirming that the fax was sent to the correct number and that
      all pages were successfully transmitted.
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ASHLEY DEAN SERVICE AGREEMENT
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35.   PREVIOUS AGREEMENTS: This agreement supersedes all previous agreements and
      arrangements between Mr. Dean and the Company. All such agreements and
      arrangements are terminated by mutual consent with effect from the date of
      this agreement.

36.   DEFINITIONS: In this agreement:

      (a)   `the board' means the Company's board of directors; and

      (b)   `the group' means any holding, subsidiary or associated company and
            the Parent Company.

37.   GOVERNING LAW AND JURISDICTION

      This agreement shall be governed by and constituted in accordance with
      English Law and the parties hereby irrevocably submit to the non-exclusive
      jurisdiction of the English courts.
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                                   SCHEDULE 1
                               DISCIPLINARY RULES

1.    GROSS MISCONDUCT

      Gross misconduct may lead to instant dismissal and consist of serious
      misconduct (whether or not the first and/or second stage of the
      disciplinary procedure has been completed) or more serious offences or
      breaches of Mr. Dean's duties, including by way of example:

      -     Dishonesty, theft, embezzlement, forgery or unauthorised possession
            of the Company's property.

      -     Unauthorised disclosure or use of information. Indecent behaviour.

      -     Being on duty under the influence of alcohol, or the misuse of
            drugs.

      -     Assault, fighting or intimidation.

      -     Other offences of a similar or great gravity or any action
            calculated to aid, abet or conspire with others in such activities.

2.    MISCONDUCT

      Misconduct consists of minor breaches of duties or any insubordinate or
      unacceptable behaviour including, by way of example only;

      -     Absenteeism or unauthorised absence.

      -     Lateness or poor time keeping.

      -     Failure to carry out the proper instructions of a superior.

      -     Rudeness to any customer, supplier, or fellow employee.

      -     Other offences of a similar gravity.

3.    DISCIPLINARY PROCEDURE

      3.1   No action will be taken before a proper investigation has been
            undertaken by the Company relating to the circumstances of the
            matters complained of. If appropriate, the Company may, by written
            notice, suspend Mr. Dean for a specified period during which time
            such as investigation will be undertaken. If Mr. Dean is so
            suspended, his contract of employment will be deemed to continue
            together with all his rights under this agreement, including the
            payment of salary, but during the period of suspension Mr. Dean will
            not be entitled to access to any of the Company's premises, except
            at
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ASHLEY DEAN SERVICE AGREEMENT
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            the prior request or with the prior consent of the Company and
            subject to such conditions as the Company may impose. The decision
            to suspend Mr. Dean will be notified to him by the CEO of TRM
            Corporation.

            Where Mr. Dean is suspended for misconduct the following procedure
            will apply:

      3.2   Mr. Dean will discuss the matter with the CEO of TRM Corporation who
            will give, if appropriate, a verbal warning or will immediately
            apply a written warning. Thereafter, Mr. Dean shall have the right
            to refer the matter, if under paragraphs 27 and 28 and this
            Schedule, to the Chairman of the Parent Company whose decision shall
            be final.

      3.3   In all cases where a warning is given, whether oral or written, this
            will be recorded but automatically cancelled after a period of one
            year.

      3.4   At any formal stage of the procedures outlined herein Mr. Dean has
            the right to be accompanied by a fellow employee of his choice.

      3.5   The Company reserves the right to suspend Mr. Dean with pay at any
            stage of the disciplinary procedure or before it commences whether
            for investigation or to await any particular event. During any
            period of suspension Mr. Dean must immediately return to the Company
            any books, papers, information or other property of the Company or
            any member of the group in his possession and may in no
            circumstances act on behalf of the Company or any member of the
            group or represent himself to be doing so.

Signed as agreed the day and year before written




    /s/ Ashley Dean                          )
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Signed By                                    )
Ashley Dean                                  )



    /s/ TRM Copy Centres (UK) Limited        )
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Signed By                                    )
TRM Copy Centres (UK) Limited                )



    /s/ TRM (ATM) Limited                    )
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Signed By                                    )
TRM (ATM) Limited                            )