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Providian Financial Corporation Reschedules Fourth Quarter and Full Year 2001 Earnings Release

    SAN FRANCISCO, Jan. 31 /PRNewswire-FirstCall/ -- Providian Financial
Corporation (NYSE: PVN) today announced that it is rescheduling its fourth
quarter and full year 2001 earnings results from January 31, 2002 to February
7, 2002.  Commenting on the rescheduling Joe Saunders, president and chief
executive officer said, "We continue to make good progress in finalizing the
key components of our capital plan with our regulators.  This, however, is
going to result in a short delay in the release of our earnings."
    The Company's results will be released shortly after the close of the
market on February 7.  The release will be available on the Company's Web
site, http://www.providian.com.  The Company will hold its conference call shortly
thereafter at 5:00 p.m. Eastern Time.  The call will be broadcast live over
the Internet through the Investor Relations page of Providian's Web site,
http://www.providian.com.  Those interested in listening to the live call should go
to the Web site at least 10 minutes before the start of the call to register
and download any necessary software.  A replay will be available shortly after
the conclusion of the call and will remain available through February 14,
2002.
    San Francisco-based Providian Financial is a leading provider of credit
cards and deposit products to customers throughout the U.S.

    Note:  Investor information is available on Providian Financial's web site
at http://www.providian.com.


SOURCE Providian Financial Corporation




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Related links:
  • http://www.providian.com
    CONTACT:
    investors, Jack Carsky, +1-415-278-4977, Bill
    Horning, +1-415-278-4602, or media, Alan Elias, +1-415-278-4189,
    Laurel Munson, +1-415-278-4770, all of Providian Financial
    Corporation