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Discover Network Adds Meijer To Growing List Of Merchants Offering Cash Over Purchases Made With Discover Network Cards

November 27, 2006
Riverwoods, IL – November 27, 2006 – Discover Network, a business unit of Discover Financial Services LLC and Morgan Stanley (NYSE:MS), today announced that Meijer Inc., a leading Midwest supercenter, has joined its nationwide Cash Over program. Starting today, Meijer will offer cash over the amount of purchase for customers paying with a Discover Network credit card at all of its 176 locations throughout Illinois, Indiana, Kentucky, Michigan, and Ohio. Discover Network is the first and only payment network to offer a retail point of sale cash access program specifically for credit cards.

“The Cash Over program is another way to simplify but enhance our customers' shopping experience,” said Stacie Behler, vice president of corporate communication and public affairs for Meijer. “This is a tremendous convenience that helps our millions of customers save time by eliminating the extra trip to the bank to get cash.”

Under the Cash Over program, Meijer customers can receive between $20 and $100 over the amount of their purchase when made with Discover Network credit cards, which include all credit cards displaying the Discover Network acceptance mark on the front or the back of the card.

“We are very excited that Meijer, a leading supercenter, is joining our Cash Over program,” said Beth Horowitz, vice president of product management for Discover. “As the newest addition to our growing list of Cash Over merchants, Meijer helps demonstrate the growth and broad scale attractiveness of this unique benefit.”

Not only is Discover Network's Cash Over program a unique tool that offers convenient cash access to cardholders when they make everyday purchases using their Discover Network credit cards, but it also offers merchants the ability to provide a value-added service to consumers that frequent their stores. The convenience and ease of Cash Over helps merchants drive repeat business and increased spend.

According to a recent study, customers using Discover Network's Cash Over program visit stores with the program 3 times more often. The study also notes that merchants saw the purchase volumes of customers using the program increase by 3 times.

The addition of Meijer stores now brings the number of locations that offer Discover Network's Cash Over program to more than 8,700 locations nationwide and include Wal-Mart Stores, SAM'S CLUB, Safeway Inc., Jewel-Osco, Heinen's Inc., Giant Eagle Inc., Dominick's and more.

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About Meijer Inc.
Based in Grand Rapids, Michigan, Meijer is a family-owned and operated company operating supercenters throughout Michigan, Indiana, Illinois, Kentucky and Ohio. Meijer, in existence for more than 70 years, now operates 176 stores and was the pioneer of the retail supercenter concept. For more information, visit www.Meijer.com


About Discover Financial Services
Discover Financial Services LLC, a business unit of Morgan Stanley (NYSE: MS), operates the Discover Card with more than 50 million Cardmembers, and the Discover Network, with more than 4 million merchant and cash access locations. Discover Financial Services also operates the PULSE ATM/debit network, which serves more than 4,200 financial institutions and includes nearly 250,000 ATMs and approximately 3.4 million POS terminals. For more information, visit www.discovercard.com, www.discovernetwork.com or www.pulse-eft.com.

MEDIA CONTACT:
Leslie Beyer
Discover Financial Services
224-405-5154
lesliebeyer@discoverfinancial.com