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Press release from Business Wire

Discover Card Now Accepted at Neiman Marcus Stores

<p class='bwalignc'> <i>Cardmembers can shop and earn Cashback Bonus</i><sup><i>®</i></sup><i> at 42 Neiman Marcus stores across the United States</i> </p>

Monday, July 16, 2012

Discover Card Now Accepted at Neiman Marcus Stores08:05 EDT Monday, July 16, 2012 RIVERWOODS, Ill. (Business Wire) -- Discovertoday announced that its cards are now accepted at Neiman Marcus, the premier luxury retailer, as well as at Bergdorf Goodman stores in Manhattan. Cardmembers earn Cashback Bonus® on all purchases made at these stores. “We're pleased to welcome Neiman Marcus stores to the Discover network and provide additional payment options to their customers,” said Michael Canady, Vice President of Strategic Merchant Relations at Discover. “We know that Discover cardmembers are eager to use their cards at Neiman Marcus, given that our customers are some of the most affluent credit cardholders in the industry. Now they can start shopping and earn Cashback Bonus on every single purchase.” In January, Neiman Marcus became a Discover Cashback Bonus partner allowing Discover cardmembers to redeem their cash rewards for Neiman Marcus gift cards that could be used in-store, at NeimanMarcus.com, Last Call, Bergdorf Goodman, Cusp and Horchow. Discover Card also has been accepted at Neiman Marcus Direct, Last Call, Cusp and Horchow for several years. “By adding Discover as another payment option, Neiman Marcus continues to give customers more flexibility and convenience at the point of sale,” said Jim Gold, President, Specialty Retail, The Neiman Marcus Group. “We are happy to open our Neiman Marcus stores to loyal Discover cardmembers so they can shop their favorite brands and earn more rewards.” 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 home loans, private student loans, personal loans, online savings accounts, certificates of deposit and money market accounts through its direct banking business. 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. About Neiman Marcus The Neiman Marcus Group, Inc. operations include the Specialty Retail Stores segment and the Direct Marketing Segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus and Bergdorf Goodman stores. The Direct Marketing segment conducts both print catalog and online operations under the Neiman Marcus, Bergdorf Goodman and Horchow brand names. Information about the Company can be accessed at www.neimanmarcusgroup.com. Media Contacts:DiscoverLaura Gingiss, 224-405-0185lauragingiss@discover.comorNeiman MarcusGinger Reeder, 214-573-5822Ginger_Reeder@neimanmarcus.com