First Data Announces Final Results of Tender Offers for $115.2 Million of Its Outstanding Debt Securities

First Data Corporation announced today the final results of its previously announced cash tender offers for any and all of the outstanding debt securities listed in the table below, which we refer to as the “Notes.” The tender offers expired at 5:00 p.m., New York City time, on December 29, 2008.

The following table identifies for each series of Notes the principal amount outstanding prior to the tender offers, the principal amount validly tendered and accepted for purchase by the Company under the terms set forth in the Offer to Purchase dated November 26, 2008 (the “Offer to Purchase”), and the principal amount outstanding after the tender offers. This information has been provided by Global Bondholder Services Corporation, the depositary and information agent.

Description of Security		CUSIP Number		ISIN Number		Principal Amount Outstanding Prior to Tender Offer		Principal Amount Tendered and Accepted		Principal Amount Outstanding Post Tender Offer
3.9% Notes due 2009		319963AJ3		US319963AJ32		$15,312,000		$4,567,000		$10,745,000
4.5% Notes due 2010		319963AL8		US319963AL87		$21,435,000		$8,307,000		$13,128,000
5.625% Senior Notes due 2011(A)		319963AF1		US319963AF10		$41,666,000		$9,106,000		$32,560,000
4.7% Notes due 2013		319963AH7		US319963AH75		$19,042,000		$3,902,000		$15,140,000
4.85% Notes due 2014		319963AK0		US319963AK05		$6,689,000		$2,875,000		$3,814,000
4.95% Notes due 2015		319963AM6		US319963AM60		$11,012,000		$1,202,000		$9,810,000
(A) Listed on the Luxembourg Stock Exchange

The tender offers were made upon the terms and conditions set forth in the Offer to Purchase and the related Letter of Transmittal, which were distributed to the holders of the Notes.

For additional information regarding the tender offers, please contact: Citi, the dealer manager, at (800) 558-3745 (toll-free) or (212) 723-6106 (collect). Questions may also be directed to Global Bondholder Services Corporation, the information agent, at (212) 430-3774 (for banks and brokers only) or (866) 807-2200 (for all others toll-free). Deutsche Bank Luxembourg SA was the Luxembourg tender agent for the tender offer for the 5.625% Senior Notes due 2011.

The offer to buy the Notes was made pursuant to the tender offer documents, including the Offer to Purchase that First Data distributed to holders of Notes. This press release is not an offer to purchase or a solicitation of acceptance of the tender offers.

About First Data

First Data is a global technology leader in information commerce. The company processes transaction data of all kinds, harnesses the power of that data and delivers innovations in secure infrastructure, intelligence and insight for its customers. With operations in 37 countries, First Data serves more than 5.4 million merchant locations and more than 2,000 card issuers and their customers. It powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company’s portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company’s STAR Network offers PIN-secured debit acceptance at 2.1 million ATM and retail locations. Through First Data’s centers of excellence, such as security, analytics, customer loyalty and mobile payments, it offers data-driven commerce solutions for customers around the globe.

Notice to Investors, Prospective Investors and the Investment Community; Cautionary Information Regarding Forward-Looking Statements

Statements in this press release regarding First Data Corporation’s business which are not historical facts are “forward-looking statements.” All forward-looking statements are inherently uncertain as they are based on various expectations and assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties which could cause actual events or results to differ materially from those projected. Important factors upon which First Data’s forward-looking statements are premised include: (a) no adverse impact on First Data’s business as a result of its high degree of leverage; (b) timely, successful and cost-effective consolidation of First Data’s processing platforms and data centers; (c) continued growth at rates approximating recent levels for card-based payment transactions and other product markets; (d) successful conversions under service contracts with major clients; (e) successful and timely integration of significant businesses and technologies acquired by First Data and realization of anticipated synergies; (f) timely, successful and cost-effective implementation of processing systems to provide new products, improved functionality and increased efficiencies; (g) continuing development and maintenance of appropriate business continuity plans for First Data’s processing systems based on the needs and risks relative to each such system; (h) absence of further consolidation among client financial institutions or other client groups which has a significant impact on First Data client relationships and no material loss of business from significant customers of First Data; (i) achieving planned revenue growth throughout First Data, including in the merchant alliance program which involves several joint ventures not under the sole control of First Data and each of which acts independently of the others, and successful management of pricing pressures through cost efficiencies and other cost-management initiatives; (j) successfully managing the credit and fraud risks in First Data’s business units and the merchant alliances, particularly in the context of the developing e-commerce markets; (k) anticipation of and response to technological changes, particularly with respect to e-commerce; (l) attracting and retaining qualified key employees; (m) no unanticipated changes in laws, regulations, credit card association rules or other industry standards affecting First Data’s businesses which require significant product redevelopment efforts, reduce the market for or value of its products or render products obsolete; (n) continuation of the existing interest rate environment so as to avoid unanticipated increases in interest on First Data’s borrowings; (o) no unanticipated developments relating to previously disclosed lawsuits, investigations or similar matters; (p) no catastrophic events that could impact First Data’s or its major customer’s operating facilities, communication systems and technology or that has a material negative impact on current economic conditions or levels of consumer spending; (q) no material breach of security of any of First Data’s systems; (r) successfully managing the potential both for patent protection and patent liability in the context of rapidly developing legal framework for expansive software patent protection and other risks that are set forth in the “Risk Factors” and “Management Discussion and Analysis of Results of Operations and Financial Condition” sections of the Annual Report on Form 10-K for the period ended December 31, 2007, and Quarterly Reports on Form 10-Q for the periods ended March 31, 2008, June 30, 2008 and September 30, 2008.