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Discover Financial Services Announces Third Quarter 2008 Earnings Release And Conference Call

September 11, 2008

RIVERWOODS, Ill.--(BUSINESS WIRE)--Sept. 11, 2008--Discover Financial Services (NYSE:DFS) plans to report its third quarter 2008 results before the market opens on Thursday, Sept. 25, 2008. The earnings release will be available on Discover's corporate Web site at www.discoverfinancial.com.

A conference call to discuss the firm's results, outlook and related matters will be held at 10 a.m. Central time. The general public is invited to listen to the call by dialing 800-798-2864 (U.S. domestic) or 617-614-6206 (international) passcode 60996207, or via a live audio webcast through the Investor Relations section of the Web site. For those unable to listen to the live broadcast, a replay will be available on our Web site or by dialing 888-286-8010 (U.S. domestic) or 617-801-6888 (international), passcode 94182333, beginning approximately two hours after the event. The replay of the conference call will be available through Oct. 25, 2008.

About Discover Financial Services

Discover Financial Services (NYSE: DFS) is a leading credit card issuer and electronic payment services company with one of the most recognized brands in U.S. financial services. The company operates the Discover Card, America's cash rewards pioneer. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Its payments businesses consist of the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 185 countries and territories. For more information, visit www.discoverfinancial.com.

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

SOURCE: Discover Financial Services