First Data and Bank One Sign Agreement for Processing Transition

First Data and Bank One Sign Agreement for Processing Transition OMAHA, Neb., Dec. 16 /PRNewswire-FirstCall/ -- First Data Corp. , a national leader in electronic commerce and payment services, today announced that it has agreed to continue providing card processing services, including output services, to Bank One beyond June 30, 2004 and up to September 30, 2005 at the parties' discretion. The agreement resolves a pending arbitration. Financial terms of the agreement were not disclosed. 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 169,000 Agent locations in more than 195 countries and territories. For more information, please visit the company's Web site at http://www.firstdata.com/ . Contact: Nancy Etheredge, 402-222-6214, FDC-1 DATASOURCE: First Data Corp. CONTACT: Nancy Etheredge of First Data Corp., +1-402-222-6214, Web site: http://www.firstdata.com/