Visa Files Registration Statement Related to Restructuring

Visa Files Registration Statement Related to Restructuring

June 25, 2007

    SAN FRANCISCO, June 25 /Xinhua-PRNewswire/ -- Visa Inc.
today filed a registration statement with the United States
Securities and Exchange Commission (SEC) related to the
series of transactions for the planned combination of Visa
Canada, Visa International and Visa USA into a single
private stock company, Visa Inc. Visa Europe will remain a
membership association and will become a licensee of, and
own a minority interest in, Visa Inc. 

    The registration statement describes these transactions
and provides details about the terms of Visa Inc.'s future
relationship with Visa Europe as a licensee. The proposed
restructuring is intended to facilitate an initial public
offering of shares in Visa Inc.  

    Under this proposed structure, Visa Europe will remain
a separate entity focused on meeting the unique needs of
its customers in the European market. At the same time, the
Visa enterprise expects to work seamlessly, enhancing
interoperability, reliability and security for Visa
members, customers, cardholders and merchants around the
world.

    Once the SEC has completed its review and declared the
registration statement effective, Visa will undertake a
global process to secure member approval of the
restructuring. 

    This press release is not an offer to sell, nor a
solicitation of an offer to buy, any securities. Any offer
will be made only by means of a prospectus contained in a
registration statement that will be filed with the U.S.
Securities and Exchange Commission. 

    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
http://www.corporate.visa.com .

    Additional Information and Where You Can Find It:

    This communication is being made in respect of the
proposed restructuring. In connection with the proposed
restructuring, Visa has filed and will be filing documents
regarding the proposed transaction with the SEC, including
a registration statement on Form S-4 containing a proxy
statement-prospectus. We urge members to read the
registration statement, the definitive proxy
statement-prospectus regarding the proposed restructuring
and any other relevant documents carefully and in their
entirety when they become available because they will
contain important information about the proposed
restructuring. The definitive proxy statement-prospectus
will be mailed to voting members of Visa International,
Visa USA and Visa Canada. You may obtain copies of any of
these documents filed with the SEC that contain information
about the proposed restructuring free of charge at the Web
site maintained by the SEC at www.sec.gov or from Visa
Inc., Investor Relations, at P.O. Box 8999, San Francisco,
California 94128-8999.

    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 ability to obtain
approval by Visa's members for the proposed restructuring
and related transactions; the successful completion of the
restructuring and related transactions; Visa's ability to
achieve its strategic objectives; 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: [phone]
              [e-mail]

              Hadley Wilkins 
              Office: [phone]
              Mobile: [phone]
              [e-mail] 

              Visa Media Hotline
              [phone]

    Web site: http://www.corporate.visa.com