Visa Inc. Completes Global Restructuring

San Francisco (ots/PRNewswire) -

Visa Inc. announced today the completion of its restructuring,
having received broad member approval for the series of transactions
by which Visa Canada, Visa U.S.A. and Visa International have become
subsidiaries of Visa Inc. Visa Europe will remain a membership
association and will become a licensee of, and own a minority
interest in, Visa Inc.

"The completion of the restructuring marks a pivotal moment in
Visa's history," said Joseph W. Saunders, Chairman and Chief
Executive Officer of Visa Inc. "I'm delighted by the support our
members have shown us throughout this process. By completing the
restructuring, we now are better positioned to serve our clients in
the growing payments industry and further advance the global
migration to electronic payments. I believe that with our strong
senior management team and our new global structure, Visa Inc. will
continue to execute on our competitive strategy, grow our leading
brand and network, and expand our diverse product offerings to
benefit our stakeholders: financial institutions, merchants and
cardholders."

Visa Inc. operates the world's largest retail electronic payments
network and is the most recognized global financial services brand.
As the payments industry leader, Visa provides products, services and
infrastructure to support global commerce through the transfer of
value and information among financial institutions, merchants,
consumers, businesses and government entities.

"I believe we will approach the opportunities ahead in a stronger
position than before. We expect to continue to grow and enhance our
industry leadership position through our unwavering commitment to our
clients, our diverse product offerings and our focus on innovation,"
concluded Saunders.

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 www.corporate.visa.com.

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 Visa's
ability to achieve its strategic objectives and the expected goals of
the restructuring; general market conditions; 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
Michael Buckley
Office: +1-212-333-3810
Mobile: +1-646-244-9794
mbuckley@brunswickgroup.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, +1-415-932-2166, pcohen@visa.com, of Visa Inc., or Visa
Media Hotline, +1-415-932-2564; or Michael Buckley, +1-212-333-3810,
mobile: +1-646-244-9794, mbuckley@brunswickgroup.com, for Visa Inc.