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MasterCard Announces Annual Meeting Results; Stockholders Re-Elect Three Members to Board of Directors

MasterCard Board of Directors Announces Regular Quarterly Dividend

PURCHASE, N.Y., June 3 /PRNewswire-FirstCall/ -- MasterCard Incorporated (NYSE: MA) announced the results of its Annual Meeting of Stockholders, held earlier today at the company's worldwide headquarters in Purchase, NY.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20061031/MCLOGO )

    Holders of the company's Class A common stock:

    * reelected the following Class A Directors with a term to expire in 2011:

      Bernard S.Y. Fung, Chairman and Chief Executive Officer, Aon Asia
      Pacific Region; Marc Olivie, Chief Executive Officer, MRO Management
      BVBA; and Mark Schwartz, Chairman, MissionPoint Capital Partners LLC,
      and co-founder of New Silk Route Partners LLC; and
    * ratified the appointment of PricewaterhouseCoopers LLP as the company's
      independent registered public accounting firm for 2008.

Holders of Class M common stock with principal operations in MasterCard's Europe region elected members to serve on the European Board with a term to expire in 2010.

Addressing stockholders on the company's business, MasterCard President and Chief Executive Officer Robert W. Selander noted that the fundamentals of the company's business are strong, and it continues to deliver shareholder value.

There continues to be great opportunity for growth in the payments industry as consumers and businesses are increasingly embracing the ease, speed and security of electronic payments, commented Selander. As the payments revolution continues, MasterCard is committed to offering solutions that drive greater choice and convenience for all of our constituents.

During the annual meeting, MasterCard announced that Tan Teong Hean, Class M Director and Chairman, Southern Capital Management, has retired from the Board of Directors. Mr. Tan served with distinction as a MasterCard Director from March 2004 until May 2006, as a non-voting advisor to the Board from June 2006 until January 2007, and as a Class M Director on the Board since January 2007.

T.H. was an integral part of MasterCard's historic transformation from a privately held company to a publicly traded company, said Richard Haythornthwaite, Chairman of the Board of Directors of MasterCard Incorporated. We are grateful for his years of dedicated service to MasterCard and wish him the best in his future endeavors.

MasterCard's Board of Directors also declared today a cash dividend of $0.15 per share, payable on August 11, 2008, to holders of record of its Class A common stock and Class B common stock as of July 11, 2008.

About MasterCard Incorporated

MasterCard Incorporated advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 18 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard(R), Maestro(R) and Cirrus(R), MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com.

SOURCE MasterCard Incorporated
CONTACT: Investor Relations: Barbara Gasper, +1-914-249-4565,
investor_relations@mastercard.com, or Media Relations: Chris Monteiro,
+1-914-249-5826, chris_monteiro@mastercard.com,
both of MasterCard Incorporated/