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First Data Prices $1 Billion of Senior Notes

    DENVER, July 23 /PRNewswire-FirstCall/ -- First Data Corp. (NYSE: FDC), a
global leader in electronic commerce and payment services, today announced it
has priced $500 million of 3.375% Notes due 2008, and $500 million of
4.70% Notes due 2013.  Substantially all of the net proceeds of the sale will
be used to repay short-term debt.  Any remaining net proceeds will be used for
general corporate purposes and repurchases of shares of First Data common
stock under existing buyback authorizations.
    Citigroup, JP Morgan and Merrill Lynch & Co. managed the offering.

    About First Data
    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 million merchant locations,
1,400 card issuers and millions of consumers, making it easy, fast and secure
for people and businesses to buy goods and services using virtually any form
of payment.  With 29,000 employees worldwide, the company provides credit,
debit, smart card and stored-value card issuing and merchant transaction
processing services; Internet commerce solutions; money transfer services;
money orders; and check processing and verification services throughout the
United States.  First Data also offers a variety of payment services in the
United Kingdom, Australia, Canada, China, Japan, Mexico, Spain, the
Netherlands, the Middle East and Germany.  Its Western Union and Orlandi
Valuta money transfer networks include approximately 165,000 Agent locations
in more than 195 countries and territories.  For more information, please
visit the company's Web site at http://www.firstdata.com .

    FDC - 1


SOURCE First Data Corp.




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Related links:
  • http://www.firstdata.com
    CONTACT:
    David Banks, Investors Relations,
    +1-303-967-8057, or Staci Busby, Media Relations +1-303-967-7188,
    both of First Data Corp.