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Discover Financial Services Announces Financial Community Briefing

January 16, 2009

RIVERWOODS, Ill.--(BUSINESS WIRE)--Jan. 16, 2009--Discover Financial Services (NYSE: DFS) plans to host a Financial Community Briefing in New York on Thursday, Jan. 29, 2009, from 8:30 am to noon Eastern time. David W. Nelms, chairman and chief executive officer, and other members of Discover's senior management will update the financial community on the company's performance and business objectives.

Live audio of the meeting will be available on Discover's corporate Web site at www.discoverfinancial.com. Presentation slides will be available shortly before the beginning of the meeting. A replay of the meeting will be available after 2:00 pm Eastern time.

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
Craig Streem
Vice President, Investor Relations
224-405-3575
or
Media Contact
Leslie Sutton
Director, Public Relations
224-405-3965

Source: Discover Financial Services