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Visa Inc. Announces Sale of VisaNet do Brasil Shares by Visa International
 
      
 
BN004390  01 de julho de 2009  22:27 HORALOCAL


    SAN FRANCISCO, July 1 /PRNewswire/ -- Visa Inc. (NYSE: V) 
announced that Visa International, its wholly-owned subsidiary, sold 
136,478,372 shares of Companhia Brasileira de Meios de Pagamento 
("VisaNet do Brasil"), in connection with VisaNet do Brasil's June 
IPO. Visa's proceeds from the sale, net of underwriter discounts and 
fees, are approximately US$1 billion based on current exchange rates. 
Of the $1 billion in proceeds, the Company will retain about half 
after applicable taxes. Visa will record a GAAP gain from the sale in 
the quarter ended June 30, 2009, net of tax, of approximately $235 
million. The gain reflects Visa International's recorded book value 
of $535 million, which is comprised of a cash investment of $18 
million made in April 2008 and $517 million recorded through GAAP 
purchase accounting treatment as part of Visa's reorganization in 
October 2007. 
    The VisaNet do Brasil shares have been offered in the United States 
to qualified institutional buyers pursuant to Rule 144A under the 
Securities Act of 1933, as amended (the "Securities Act"), and 
outside the United States pursuant to Regulation S under the 
Securities Act. This press release shall not constitute an offer to 
sell or the solicitation of an offer to buy, nor shall there be any 
sale of, the VisaNet do Brasil shares 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. The VisaNet do Brasil shares have not been and will not 
be registered under the Securities Act and may not be offered or sold 
in the United States absent registration or an applicable exemption 
from registration requirements.  Any public offering of VisaNet do 
Brasil shares to be made in the United States will be made by means 
of a prospectus which may be obtained from VisaNet do Brasil or a 
selling shareholder and which will contain detailed information about 
VisaNet do Brasil and management, as well as financial statements. 
    
    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  

    Forward Looking Statements
    Certain statements contained in this press release are 
forward-looking statements within the meaning of Section 27A of the 
Securities Act of 1933, as amended, and Section 21E of the Securities 
Exchange Act of 1934, as amended, which are subject to the "safe 
harbor" created by those sections. These statements can be identified 
by the terms "anticipate," "believe," "continue," "could," 
"estimate," "expect," "intend," "may," "plan," "potential," "predict," 
"project," "should," "will" and similar expressions which are 
intended to identify forward-looking statements. In addition, any 
underlying assumptions are forward-looking statements. 
    By their nature, forward-looking statements: (i) speak only as of the 
date they are made, (ii) are not guarantees of future performance or 
results and (iii) are subject to risks, uncertainties and assumptions 
that are difficult to predict or quantify. Therefore, actual results 
could differ materially and adversely from those forward-looking 
statements as a result of a variety of factors, including all the 
risks discussed in Part 1, Item 1A - "Risk Factors" in our Annual 
Report on Form 10-K for the fiscal year ended September 30, 2008 and 
any subsequent Quarterly Report on Form 10-Q. You are cautioned not 
to place undue reliance on such statements, which speak only as of the 
date of presentation. Unless required to do so under U.S. federal 
securities laws or other applicable laws, we do not intend to update 
or revise any forward-looking statements.

    Contacts: 
    Investor Relations
    Visa Inc.
    Tel: +1 415 932 2213
    E-mail: ir@visa.com

    Will Valentine, Media Relations
    Visa Inc.
    Tel: +1 415 932 2564
    E-mail: globalmedia@visa.com 
SOURCE Visa Inc.
                    07/01/2009
    CONTACT:  Investor Relations, Visa Inc., +1-415-932-2213, 
ir@visa.com, or Will Valentine, Media Relations, Visa Inc., 
+1-415-932-2564, globalmedia@visa.com 


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