First Data Corp. (NYSE: FDC) today announced that its shareholders approved the merger agreement with an affiliate of Kohlberg Kravis Roberts & Co. (KKR). Of the shares that were voted, over 98% were cast in favor of the merger.

Upon the closing of the merger, the Company's shareholders will be entitled to receive $34.00 in cash, without interest, for each share of First Data common stock held.

?I am very pleased to receive such broad support for this transaction from our shareholders,? said Chairman and CEO, Ric Duques. ?With most of the necessary conditions now having been met, we are well on our way to closing this transaction, as expected, in the third quarter.?

About First Data

First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving over 5 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; receivables management solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.

FDC - 1

First Data Corp.
Investor Relations:
Silvio Tavares, 303-967-8276
silvio.tavares@firstdata.com
or
Media Relations:
Colin Wheeler, 303-967-6553
colin.wheeler@firstdata.com