Discover CEO to Present at 2009 Bank of America Merrill Lynch Banking and Financial Services Conference

David Nelms, chairman and chief executive officer of Discover Financial Services, will present at the 2009 Bank of America Merrill Lynch Banking and Financial Services Conference at the Grand Hyatt in New York on Nov. 10, 2009, at 2:35 p.m. Eastern time.

Presentation slides and a link to the live audio webcast will be posted on the day of the conference at www.investorrelations.discoverfinancial.com.

About Discover

Discover Financial Services (NYSE: DFS) is a leading credit card issuer and electronic 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 student and personal loans, as well as savings products such as certificates of deposit and money market accounts. Its payments 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 185 countries and territories. For more information, visit www.discoverfinancial.com.