Deal Enhances MasterCard’s Global Prepaid Business

MasterCard Incorporated announced that it has completed its acquisition of the prepaid Card Program Management (CPM) operations of Travelex, at the terms previously announced.

The acquisition of Travelex’s CPM operations furthers MasterCard’s strategic business goals and strengthens the company’s suite of global prepaid business assets. It will allow MasterCard to play a greater role in the prepaid value chain supporting issuers and partners, especially outside of the United States and in the attractive cross-border payments space.
Forward-Looking Statements

Statements in this press release which are not historical facts, including MasterCard’s expectations regarding CPM’s capabilities and growth prospects, are forward-looking and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements speak only as of the date they are made. Accordingly, except for the company’s ongoing obligations under the U.S. federal securities laws, the company does not intend to update or otherwise revise the forward-looking information. In addition, actual results may differ materially from such forward-looking statements for a number of reasons related more broadly to MasterCard’s overall business, including those set forth in the company’s filings with the Securities and Exchange Commission (SEC), including the company’s Annual Report on Form 10-K for the year ended December 31, 2010 and the company’s Current Reports on Form 8-K that have been filed with the SEC during 2011. Factors other than those listed above could also cause the company’s results to differ materially from expected results.