Visa Files Registration Statement Related to Restructuring

San Francisco (ots/PRNewswire) -

Visa Inc. today filed a registration statement with the United
States Securities and Exchange Commission (SEC) related to the series
of transactions for the planned combination of Visa Canada, Visa
International and Visa USA into a single private stock company, Visa
Inc. Visa Europe will remain a membership association and will become
a licensee of, and own a minority interest in, Visa Inc.

The registration statement describes these transactions and
provides details about the terms of Visa Inc.'s future relationship
with Visa Europe as a licensee. The proposed restructuring is
intended to facilitate an initial public offering of shares in Visa
Inc.

Under this proposed structure, Visa Europe will remain a separate
entity focused on meeting the unique needs of its customers in the
European market. At the same time, the Visa enterprise expects to
work seamlessly, enhancing interoperability, reliability and security
for Visa members, customers, cardholders and merchants around the
world.

Once the SEC has completed its review and declared the
registration statement effective, Visa will undertake a global
process to secure member approval of the restructuring.

This press release is not an offer to sell, nor a solicitation of
an offer to buy, any securities. Any offer will be made only by means
of a prospectus contained in a registration statement that will be
filed with the U.S. Securities and Exchange Commission.

About Visa: Visa operates the world's largest retail electronic
payments network providing processing services and payment product
platforms. This includes consumer credit, debit, prepaid and
commercial payments, which are offered under the Visa, Visa Electron,
Interlink and PLUS brands. Visa enjoys unsurpassed acceptance around
the world and Visa/PLUS is one of the world's largest global ATM
networks, offering cash access in local currency in more than 170
countries.

For more information, visit http://www.corporate.visa.com.

Additional Information and Where You Can Find It:

This communication is being made in respect of the proposed
restructuring. In connection with the proposed restructuring, Visa
has filed and will be filing documents regarding the proposed
transaction with the SEC, including a registration statement on Form
S-4 containing a proxy statement-prospectus. We urge members to read
the registration statement, the definitive proxy statement-prospectus
regarding the proposed restructuring and any other relevant documents
carefully and in their entirety when they become available because
they will contain important information about the proposed
restructuring. The definitive proxy statement-prospectus will be
mailed to voting members of Visa International, Visa USA and Visa
Canada. You may obtain copies of any of these documents filed with
the SEC that contain information about the proposed restructuring
free of charge at the Web site maintained by the SEC at www.sec.gov
or from Visa Inc., Investor Relations, at P.O. Box 8999, San
Francisco, California 94128-8999.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements. These
statements may be identified by the use of words such as "will,"
"believes," "anticipates," "intends," "estimates," "expects,"
"projects," "plans" or similar expressions. Such forward-looking
statements include, without limitation, statements about the proposed
restructuring and related transactions, strategy, future operations,
prospects, plans and objectives of management and events or
developments that we expect or anticipate will occur. The
forward-looking statements reflect Visa's current views and
assumptions and are subject to risks and uncertainties, which may
cause actual and future results and trends to differ materially from
the forward-looking statements, including but not limited to ability
to obtain approval by Visa's members for the proposed restructuring
and related transactions; the successful completion of the
restructuring and related transactions; Visa's ability to achieve its
strategic objectives; the outcome of legal proceedings; uncertainties
inherent in operating internationally; and the impact of law and
regulations. Many of these factors are beyond Visa's ability to
control or predict. Given these factors, you should not place undue
reliance on the forward-looking statements.

Contact: Paul Cohen
Office: +1-415-932-2166
pcohen@visa.com
Hadley Wilkins
Office: +1-415-318-4199
Mobile: +1-415-710-7836
hadley.wilkins@fleishman.com
Visa Media Hotline
+1-415-932-2564

Web site: http://www.corporate.visa.com

ots Originaltext: Visa Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Paul Cohen of Visa Inc., +1-415-932-2166, pcohen@visa.com; or Hadley
Wilkins, +1-415-318-4199, Mobile, +1-415-710-7836,
hadley.wilkins@fleishman.com, for Visa Inc.; or Visa Media Hotline,
+1-415-932-2564