Global Payments Europe to Acquire Sarajevo-based Processor, Expanding its Reach Into the Balkan Region

PRAGUE, Czech Republic and ATLANTA, Sept. 13 /PRNewswire-FirstCall/ -- Global Payments Inc. , a leader in payment processing services, announced today it has reached an agreement to acquire the assets of Diginet d.o.o., an indirect payment processor for both point-of-sale (POS) and ATM transactions based in Sarajevo, Bosnia and Herzegovina. The transaction is subject to customary regulatory approvals and closing conditions and is expected to be completed during the 2006 calendar year fourth quarter. Diginet will join Global Payments Europe and serve as its Balkan region headquarters.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO )

"We are very excited to acquire this business, its management team and employees," said Petr Sedlacek, CEO of Global Payments Europe. "Through this acquisition, we will continue to serve leading financial institutions in Bosnia and Herzegovina and look to expand our presence throughout the Balkans," added Sedlacek.

President and CEO of Diginet, Mustafa Bektic, said, "As the only independent indirect payment processor in Bosnia and Herzegovina, partnering with Global Payments Europe will allow us to offer a broader array of services to our existing customers, as well as generate new business opportunities utilizing a leading-edge payment processing platform. The payments market in the Balkan region is growing rapidly, and we are pleased that we have found a partner that will help us take advantage of these growth opportunities," added Bektic.

Global Payments does not anticipate this acquisition will have a significant impact on its fiscal 2007 consolidated revenue or earnings per share results, but expects revenue growth and earnings accretion from this transaction over the long term.

Diginet was founded in 1996, and offers financial institutions credit and debit card transaction processing services, sales, installation and servicing of ATM and POS terminals, and card issuing services.

Based in Prague, Global Payments Europe (formerly MUZO) serves financial institutions with a comprehensive package of payment services including credit and debit card transaction processing, installation and servicing of ATM and POS terminals, as well as card issuing services such as card database management and card personalization. Global Payment Europe's proprietary platform is among the first in the European market to be compliant with the international EMV standards for chip-based payment cards.

Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi- national corporations located throughout the United States, Canada, Latin America, Europe and the Asia-Pacific region. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery, including electronic check services, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, and the Philippines. For more information about the company and its services, visit http://www.globalpaymentsinc.com/.

This announcement may contain forward-looking statements pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, development difficulties, foreign currency risks, costs of capital, continued certification by credit card associations, the ability to consummate and integrate acquisitions, and other risks detailed in the Company's SEC filings, including the most recently filed Form 10-Q or Form 10-K, as applicable. The Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.

Investor Relations Contact: Jane M. Elliott 770 829-8234 Voice investor.relations@globalpay.com Media Relations Contact: Phyllis McNeill 770 829-8245 Voice phyllis.mcneill@globalpay.com