Benson Woo Joins Metris as Senior Vice President-Finance; Addition Gives Fast-Growing Metris Another 20 Years of Finance Experience.

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Oct. 7, 1999--

Metris Companies Inc. (NYSE:MXT), one of the fastest-growing direct marketing companies in the nation, has announced the addition of another seasoned finance executive.

Benson Woo has joined Metris as senior vice president-finance, responsible for operations finance and treasury, reporting to David Wesselink, executive vice president and chief financial officer.

"Having Benson on board gives Metris another seasoned financial veteran with a record of action and results," said Metris President and CEO Ronald N. Zebeck. "He provides further bench strength on an already solid management team."

Woo most recently served as vice president and CFO at York International. He began his career at General Motors, where he spent 15 years in various financial positions, including finance director during the launch of the GM MasterCard. He also was vice president and treasurer at Case Corporation.

Woo earned a B.S. degree from Massachusetts Institute of Technology and an M.B.A. from Harvard University.

Metris Companies Inc. is an information-based direct marketer of consumer credit products and fee-based services primarily to moderate income consumers. Based in St. Louis Park, Minnesota, Metris also has operations in Phoenix, Ariz.; Jacksonville, Fla.; Champaign, Ill.; Baltimore, Md.; and Tulsa, Okla. Metris employs more than 3,000 people.

Visit Metris on the Internet at www.metriscompanies.com.