Visa Inc.'s Registration Statement Declared Effective by SEC

San Francisco (ots/PRNewswire) -

Visa announced today that its registration statement on Form S-4
filed in connection with its proposed restructuring was declared
effective by the United States Securities and Exchange Commission
(SEC) on September 13, 2007.

Visa will now proceed with securing the required approval of
member financial institutions for the restructuring. The
restructuring contemplates a series of transactions by which Visa
International, Visa USA and Visa Canada will become subsidiaries of a
single stock corporation, Visa Inc. Visa Europe will remain a
membership association and will become a licensee of, and own a
minority interest in, Visa Inc. The boards of directors of Visa
International, Visa USA, Visa Europe and Visa Canada have approved
the restructuring agreement.

"We're grateful for the SEC's timely review of our registration
statement, and we will immediately begin the member approval process
in anticipation of closing the restructuring as soon as possible,"
said Joseph W. Saunders, Chairman and CEO.

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 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 documents regarding the proposed restructuring with the
SEC, including a registration statement on Form S-4 containing a
proxy statement-prospectus. We urge members to read the definitive
proxy statement-prospectus regarding the proposed restructuring and
any other relevant documents carefully and in their entirety because
they contain important information about the proposed restructuring.
The definitive proxy statement-prospectus has been mailed to eligible
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 D.F.
King & Co., 48 Wall Street, New York, NY 10005.

This document shall not constitute an offer to sell or the
solicitation of an offer to sell or the solicitation of an offer to
buy any securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any such jurisdiction. No offer of securities shall be made
except by means of a prospectus meeting the requirements of Section
10 of the Securities Act of 1933, as amended.

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: +1-415-932-2166
pcohen@visa.com
Hadley Wilkins
Office: +1-415-318-4199
Mobile: +1-415-710-7836
hadley.wilkins@fleishman.com
Visa Media Hotline
+1-415-932-2564

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

ots Originaltext: Visa International
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Paul Cohen of Visa, +1-415-932-2166, pcohen@visa.com; or Hadley
Wilkins, Office: +1-415-318-4199, or Mobile: +1-415-710-7836,
hadley.wilkins@fleishman.com, for Visa; or Visa Media Hotline,
+1-415-932-2564


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