Kindercare Learning Centers To Exclusively Accept Discover® Card

March 9, 2004
Portland, Ore. – KinderCare Learning Centers, Inc., the leading provider of early childhood education and child care in the U.S., today announced that it will be accepting the Discover® Card as the exclusive credit card payment option for child care services.

Discover Card will be the only credit card accepted for payment at more than 1,200 KinderCare centers across the country. In the past, KinderCare Learning Centers accepted only personal checks, cashier's checks, and money orders. As an additional convenience, all customers can now pay tuition with their Discover Card or view their KinderCare account 7 days a week at www.kindercare.com.

“We're always looking for ways to make things more convenient for busy working families,” said KinderCare CEO David Johnson. “We believe offering additional payment methods will benefit our families, and we are pleased to have selected the Discover Card as the only credit card we accept.”

“By teaming up with KinderCare, Discover Cardmembers now have another payment option that is quick and convenient,” said David Nelms, chairman and chief executive officer, Discover Financial Services, Inc. “We are very excited about this exclusive partnership and the opportunity to reward our Cardmembers with a Cashback® Bonus award for using their Discover Card for everyday necessities.”


About KinderCare Learning Centers, Inc.
Founded in 1969, KinderCare and its subsidiaries operate more than 1,200 early childhood education and care centers, before and after school programs in 39 states and the United Kingdom, with an approximate enrollment of 120,000 and more than 27,000 employees. The corporate offices of KinderCare Learning Centers, Inc. are located in Portland, Oregon. For more information, call KinderCare Learning Centers, Inc. at 1-800-633-1488 or visit the KinderCare web site at www.kindercare.com.

About Discover Financial Services, Inc.
Discover Financial Services, Inc., a business unit of Morgan Stanley, operates the Discover Card brands and the Discover Business Services network for its more than 50 million Cardmembers. Discover Business Services is the largest independent credit card network in the United States with approximately 4 million merchant and cash access locations. For more information, visit www.discovercard.com.