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Discover Financial Services Announces Third Quarter 2007 Earnings Release And Conference Call

September 12, 2007

RIVERWOODS, Ill.--(BUSINESS WIRE)--Sept. 12, 2007--Discover Financial Services (NYSE:DFS) plans to report its third quarter 2007 results before the market opens on Tuesday, September 25, 2007. The earnings release will be available on Discover's corporate website at www.discoverfinancial.com.

A conference call to discuss the firm's results, outlook and related matters will be held at 10 am CT. The call will be accessible as an audio webcast through the Investor Relations section of the website. For those unable to listen to the live broadcast, a replay will be available on our website or by dialing 1-888-286-8010 (U.S. domestic) or 1-617-801-6888 (international), passcode 21324823, beginning approximately two hours after the event. The replay of the conference call will be available through October 25, 2007.

About Discover Financial Services

Discover Financial Services (NYSE:DFS) operates the Discover Card with more than 50 million cardmembers, the Discover Network with millions of merchant and cash access locations, and the Goldfish credit card business in the United Kingdom. Discover also operates the PULSE ATM/debit network, which services more than 4,400 financial institutions and includes nearly 260,000 ATMs as well as point-of-sale terminals, nationwide. For more information, visit www.discoverfinancial.com.

CONTACT: Discover Financial Services
Investor Contact:
Craig Streem, Vice President, Investor Relations
224-405-3575
or
Media Contact:
Leslie Sutton, Director, Public Relations
224-405-3965

SOURCE: Discover Financial Services