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Discover Financial Services Announces Revised Date and Time for Fourth Quarter 2017 Earnings Release and Conference Call

December 21, 2017

RIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Financial Services (NYSE: DFS) announced today that the date of the previously announced earnings release and conference call to report its fourth quarter 2017 results has been revised and will now take place after the market closes on Wednesday, January 24, 2018. The earnings release will be available on Discover's Investor Relations website at https://investorrelations.discover.com.

A conference call to discuss the firm's results, outlook and related matters will be held at 4:00 p.m. Central time. The general public is invited to join a listen-only connection by dialing 877-255-3077 (U.S. domestic) or 647-252-4453 (international), passcode 8879129, or a live audio webcast through Discover’s Investor Relations website. For those unable to listen to the live broadcast, a replay will be available on our website or by dialing 800-585-8367 (U.S. domestic) or 416-621-4642 (international), passcode 8879129, beginning approximately two hours after the event. The replay of the conference call will be available through February 23, 2018.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates 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 more than 185 countries and territories. For more information, visit www.discover.com/company.

Source: Discover Financial Services

Discover Financial Services

Investor Contact:

Craig Streem

Investor Relations

224-405-5923

craigstreem@discover.com

or

Media Contact:

Jon Drummond

Public Relations

224-405-1888

jondrummond@discover.com