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First Data Declares Regular Quarterly Dividend

    DENVER, July 14 /PRNewswire-FirstCall/ -- First Data Corp. (NYSE: FDC)
today declared a regular quarterly dividend of $0.02 per common share.  The
dividend is payable on October 11, 2004, to shareholders of record on
October 1, 2004.

    First Data Corp. (NYSE: FDC), with global headquarters in Denver, helps
power the global economy.  As a leader in electronic commerce and payment
services, First Data serves approximately 3.5 million merchant locations,
1,400 card issuers and millions of consumers, making it easy, fast and secure
for people and businesses around the world to buy goods and services using
virtually any form of payment.  With more than 30,000 employees worldwide, the
company provides credit, debit, private-label, smart and stored-value card
issuing and merchant transaction processing services; Internet commerce
solutions; money transfer services; money orders; and check guarantee and
verification services.  The STAR(R) Network offers PIN-secured debit
acceptance at one million point-of-sale locations and 264,000 ATMs nationwide.
First Data also offers a variety of payment services to businesses around the
world including those in the United Kingdom, Australia, Canada, Japan, Mexico,
Spain, Panama, Brazil, China, the Netherlands, the Middle East and Germany.
Its Western Union and Orlandi Valuta money transfer networks include
approximately 188,000 agent locations in more than 195 countries and
territories.  Visit http://www.firstdata.com for more information.

                                                                         FDC-1


SOURCE First Data Corp.




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    CONTACT:
    David Banks, Media Relations & Investor
    Relations of First Data, +1-303-967-8057