Visa Inc. Files Registration Statement with SEC for Proposed Initial Public Offering

Visa Inc. Files Registration Statement with SEC for Proposed Initial Public Offering

November 12, 2007

    SAN FRANCISCO, Nov. 12 /Xinhua-PRNewswire/ -- Visa Inc.
announced today that it has filed a registration statement
with the U.S. Securities and Exchange Commission (SEC)
relating to a proposed initial public offering of its class
A common stock.

    J.P. Morgan Securities Inc., Goldman, Sachs & Co.,
Banc of America Securities LLC, Citi, HSBC Securities (USA)
Inc., Merrill Lynch & Co., UBS Investment Bank and
Wachovia Securities are acting as joint bookrunners with
respect to the offering. 

    A copy of the preliminary prospectus relating to the
offering may be obtained for free, when available, by
visiting the SEC Web site at http://www.sec.gov.
Alternatively, you may obtain a copy of the preliminary
prospectus, when available, by contacting:

     -- J.P. Morgan Securities Inc., National Statement
Processing, Prospectus
        Library, 4 Chase Metrotech Center, CS Level,
Brooklyn, NY 11245,
        telephone [phone], facsimile +1 718 242
8003

     -- Goldman, Sachs & Co., Attention: Prospectus
Department, 85 Broad
        Street, New York, NY 10004, facsimile +1 212 902
9316, e-mail
        [e-mail].

     -- Banc of America Securities LLC, 100 W. 33rd Street,
3rd Floor, New
        York, NY 10001, telephone [phone], e-mail
        [e-mail]

     -- Citi, Brooklyn Army Terminal, 140 58th Street, 8th
Floor, Brooklyn, NY
        11220, telephone [phone]

     -- HSBC Securities (USA) Inc., Equity Syndicate Desk,
452 Fifth Ave., 3rd
        Floor, New York, NY 10018, telephone [phone]
5000

     -- Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Attention:
        Prospectus Department, 4 World Financial Center,
5th Floor, New York,
        NY 10080, telephone [phone]

     -- UBS Investment Bank, Prospectus Department, 299
Park Avenue, New York,
        NY 10171, telephone [phone]

     -- Wachovia Securities, 375 Park Avenue, New York, NY
10152, e-mail
        [e-mail]

    A registration statement relating to these securities
has been filed with the SEC but has not yet become
effective. These securities may not be sold nor may offers
to buy be accepted prior to the time the registration
statement becomes effective.

    This press release shall not constitute an offer to
sell or a solicitation of an offer to buy class A common
stock of Visa Inc., nor shall there be any sale of these
securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of
any such state.

    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 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, please contact:

     Paul Cohen, 
     Visa Inc.
     Tel:   [phone] 
     Email: [e-mail]

     Michael Buckley
     Brunswick Group LLC
     Tel:   [phone]
     Email: [e-mail]