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Press release from Business Wire

Discover Financial Services Announces Financial Community Briefing

Thursday, February 23, 2012

Discover Financial Services Announces Financial Community Briefing17:01 EST Thursday, February 23, 2012 RIVERWOODS, Ill. (Business Wire) -- Discover Financial Services (NYSE: DFS) plans to host a financial community briefing in New York City on Thursday, March 22, 2012, from 8:30 a.m. to 11:30 a.m. Eastern time. David Nelms, chairman and chief executive officer, and other members of Discover's senior management team will update the financial community on the company's performance and business objectives. Live audio of the meeting will be available on Discover's corporate website at www.investorrelations.discoverfinancial.com. Presentation slides will be available shortly before the beginning of the meeting. A replay of the meeting will be available after 2 p.m. Eastern time on March 22, 2012. 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 operates the Discover card, America's cash rewards pioneer, and offers personal and student loans, online savings accounts, certificates of deposit and money market accounts through its Discover Bank subsidiary. Its payment businesses consist of 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.discoverfinancial.com. Discover Financial ServicesInvestor Contact:Craig StreemInvestor Relations224-405-3575craigstreem@discover.comorMedia Contact:Leslie SuttonMedia Relations224-405-3965lesliesutton@discover.com