First Data Announces Extension of the Tender Offers for Its Outstanding Debt Securities

Business Wire, Sept 14, 2007

DENVER -- First Data Corporation (NYSE: FDC) ("First Data" or the "Company") announced today that it has further extended the offer expiration date and price determination date for its previously announced tender offers in respect of its outstanding 6-3/8% Notes due 2007 (CUSIP No. 32006YAG7), 3.375% Notes due 2008 (CUSIP No. 319963AG9), 5.8% Medium-Term Notes due 2008 (CUSIP No. 32006YAH5), 3.9% Notes due 2009 (CUSIP No. 319963AJ3), 4.5% Notes due 2010 (CUSIP No. 319963AL8), 5.625% Senior Notes due 2011 (CUSIP No. 319963AF1), 4.7% Notes due 2013 (CUSIP No. 319963AH7), 4.85% Notes due 2014 (CUSIP No. 319963AK0) and 4.95% Notes due 2015 (CUSIP No. 319963AM6) (collectively, the "Notes").

The offer expiration date will now be 8:00 a.m., New York City time, on September 24, 2007, unless extended or earlier terminated (as extended, the "Offer Expiration Date"). As indicated in the Offer to Purchase referred to below, it is expected that the offer expiration date will be extended as necessary to coincide with the date that the Merger referred to below becomes effective. In addition, the Company announced that the price determination date will now be 2:00 p.m., New York City time, on September 19, 2007, unless extended or earlier terminated.

As of 5:00 p.m., New York City time, on September 13, 2007, the Company had received tenders in respect of the following principal amounts of Notes:

6-3/8% Notes due 2007:           $59.0 million (or approximately 69%)
3.375% Notes due 2008:           $430.1 million (or approximately 86%)
5.8% Medium-Term Notes due 2008: $26.7 million (or approximately 66%)
3.9% Notes due 2009:             $87.0 million (or approximately 85%)
4.5% Notes due 2010:             $135.2 million (or approximately 85%)
5.625% Senior Notes due 2011:    $110.9 million (or approximately 70%)
4.7% Notes due 2013:             $426.5 million (or approximately 95%)
4.85% Notes due 2014:            $336.8 million (or approximately 98%)
4.95% Notes due 2015:            $359.2 million (or approximately 97%)

The tender offers and the related consent solicitations relating to the Notes are made upon the terms and conditions set forth in the Company's Offer to Purchase and Consent Solicitation Statement dated August 3, 2007 (the "Offer to Purchase"), and the related Consent and Letter of Transmittal, as amended. Except as described in this release, the terms and conditions of the tender offers are unchanged. The tender offers and consent solicitations are subject to the satisfaction of certain conditions, including the merger of First Data with an affiliate of Kohlberg Kravis Roberts & Co. (the "Merger") pursuant to the previously announced merger agreement (the "Merger Agreement") having occurred, or the Merger occurring substantially concurrent with the Offer Expiration Date. Further details about the terms and conditions of the tender offers and the consent solicitations are set forth in the Offer to Purchase.

First Data has retained Citigroup Global Markets Inc. to act as the lead dealer manager for the tender offers and lead solicitation agent for the consent solicitations, and they can be contacted at 800-558-3745 (toll-free) or 212-723-6106 (collect). First Data has also retained Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and Lehman Brothers Inc. to act as co-dealer managers for the tender offers and co-solicitation agents for the consent solicitations. Deutsche Bank Luxembourg SA has been appointed Luxembourg Tender Agent for the Offers and may be contacted at Deutsche Bank Luxembourg SA, Trust & Securities Services, 2 BLD Konrad Adenauer, L-1115 Luxembourg or by telephone at 00352-421-22-460 or by facsimile at 00352-421-22-426. Requests for documentation may be directed to Global Bondholder Services Corporation, the Information Agent, which can be contacted at 212-430-3774 (for banks and brokers only) or 866-924-2200 (for all others toll-free).

This release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The tender offers and consent solicitations are only being made pursuant to the tender offer and consent solicitation documents, including the Offer to Purchase that First Data has distributed to holders of Notes, as amended hereby. The tender offers and consent solicitations are not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the tender offers and consent solicitations to be made by a licensed broker or dealer, the tender offers and consent solicitations will be deemed to be made on behalf of First Data by one or more of the dealer managers, or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

About First Data

First Data Corporation (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving over 5 million merchant locations, 1,900 card issuers and their customers, First Data 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 million ATM and retail locations.