Visa Inc. Completes Global Restructuring

Visa Inc. announced today the completion of its restructuring, having
received broad member approval for the series of transactions by which Visa
Canada, Visa U.S.A. and Visa International have become subsidiaries of Visa
Inc. Visa Europe will remain a membership association and will become a
licensee of, and own a minority interest in, Visa Inc.

"The completion of the restructuring marks a pivotal moment in Visa's
history," said Joseph W. Saunders, Chairman and Chief Executive Officer of Visa
Inc. "I'm delighted by the support our members have shown us throughout this
process. By completing the restructuring, we now are better positioned to serve
our clients in the growing payments industry and further advance the global
migration to electronic payments. I believe that with our strong senior
management team and our new global structure, Visa Inc. will continue to
execute on our competitive strategy, grow our leading brand and network, and
expand our diverse product offerings to benefit our stakeholders: financial
institutions, merchants and cardholders."

Visa Inc. operates the world's largest retail electronic payments network
and is the most recognized global financial services brand. As the payments
industry leader, Visa provides products, services and infrastructure to support
global commerce through the transfer of value and information among financial
institutions, merchants, consumers, businesses and government entities.

"I believe we will approach the opportunities ahead in a stronger position
than before. We expect to continue to grow and enhance our industry leadership
position through our unwavering commitment to our clients, our diverse product
offerings and our focus on innovation," concluded Saunders.

About Visa: Visa operates the world's largest retail electronic payments
network providing processing services and payment product platforms. This
includes consumer credit, debit, prepaid and commercial payments, which are
offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys
unsurpassed acceptance around the world and Visa/PLUS is one of the world's
largest global ATM networks, offering cash access in local currency in more
than 170 countries.

For more information, visit www.corporate.visa.com

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. These statements
may be identified by the use of words such as "will," "believes,"
"anticipates," "intends," "estimates," "expects," "projects," "plans" or
similar expressions. Such forward-looking statements include, without
limitation, statements about the proposed restructuring and related
transactions, strategy, future operations, prospects, plans and objectives of
management and events or developments that we expect or anticipate will occur.
The forward-looking statements reflect Visa's current views and assumptions and
are subject to risks and uncertainties, which may cause actual and future
results and trends to differ materially from the forward-looking statements,
including but not limited to Visa's ability to achieve its strategic objectives
and the expected goals of the restructuring; general market conditions; the
outcome of legal proceedings; uncertainties inherent in operating
internationally; and the impact of law and regulations. Many of these factors
are beyond Visa's ability to control or predict. Given these factors, you
should not place undue reliance on the forward-looking statements.

Contact: Paul Cohen
Office: +1 415 932 2166
pcohen [at] visa [dot] com

Michael Buckley
Office: +1 212 333 3810
Mobile: +1 646 244 9794
mbuckley [at] brunswickgroup [dot] com

Visa Media Hotline
+1 415 932 2564