DENVER, Jan 18, 2007 (BUSINESS WIRE) -- First Data Corporation (NYSE: FDC), a leader in electronic commerce and payment services around the world, today announced that it has named Silvio Tavares as Senior Vice President and Head of Investor Relations.

Alex Holmes, Director of Investor Relations, will continue in his role for a transitional period before returning to an operational leadership position with the company.

Prior to joining First Data, Tavares was with the Corporate Executive Board Co. (NASDAQ: EXBD), in Washington, D.C. He served as Senior Director & Practice Manager for the Investor Relations Roundtable, as well as Senior Director for the CFO Executive Board.

Previously, Tavares was Director of Corporate Finance and Head of the U.K. Technology Banking team for ABN AMRO Hoare Govett in London. Before ABN AMRO, he was associated with Shearman & Sterling's corporate securities law practice in London.

Alex Holmes previously served as Chief of Staff to the CEO from 2004-2005. Earlier, he worked as general manager for Western Union's Benelux region.

"Alex has played a pivotal role at First Data during a period in which we dramatically transformed our profile with the investment community with the spin-off of Western Union," said Chairman and Chief Executive Officer Ric Duques. "We thank Alex for all his efforts and are pleased that he will be returning to an operating role. We are also delighted that Silvio Tavares is joining the company, bringing an especially rich background to First Data."

Tavares holds a Juris Doctor degree from Boston University Law School, an MBA from Boston College and a B.S. in Electrical Engineering from Tufts University. He is a member of the New York Bar. Tavares will be based in the Denver metropolitan area where he will reside with his wife and two children.

For questions regarding investor relations, please contact First Data Corporation, Investor Relations Department, 6200 S. Quebec Street, Suite 340, Greenwood Village, CO 80111, IR Hotline: 303-967-6756, Fax: 303-967-7000, fdc.ir@firstdatacorp.com.

About First Data

First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving 4.6 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.

FDC-1

SOURCE: First Data Corporation

First Data Corporation
Investor Relations:
Alex Holmes, 303-967-6930
alex.holmes@firstdata.com
or
Media Relations:
Colin Wheeler, 303-967-6553
colin.wheeler@firstdata.com

Copyright Business Wire 2007

News Provided by COMTEX