Capital One Financial Corporation to Webcast Conference Call on Third Quarter 2006 Earnings.

MCLEAN, Va. -- On Wednesday, October 18, 2006, at approximately 4:05 p.m. Eastern time, Capital One Financial Corporation (NYSE:COF) will release its third quarter 2006 earnings results. Additionally, the company will host a conference call at 5:00 p.m. Eastern time to review its financial and operating performance for the quarter ending September 30, 2006.

The call will be webcast live and the earnings release will be available on the company's homepage at www.capitalone.com. A replay of the webcast will be available 24 hours a day, beginning 2 hours after the conference call, through 5:00 p.m. Eastern time on October 31, 2006, through the company's homepage.

About Capital One

Headquartered in McLean, Virginia, Capital One Financial Corporation (www.capitalone.com) is a financial holding company, with more than 324 locations in Texas and Louisiana. Its principal subsidiaries, Capital One Bank, Capital One, F.S.B., Capital One Auto Finance, Inc., and Capital One, N.A., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One's subsidiaries collectively had $47.2 billion in deposits and $108.4 billion in managed loans outstanding as of June 30, 2006. Capital One, a Fortune 500 company, trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 500 index.