Conseco Finance Chooses Fiserv PLUS System for Speed to Market and Flexibility.

Business Editors

LAKE MARY, Fla.--(BUSINESS WIRE)--Nov. 29, 2001

Five-Year, Multimillion-Dollar Agreement Recognizes

"Responsive Partnership" Approach to Card Processing

Fiserv, Inc. (Nasdaq: FISV) announced today that it has renewed its contract with top-four private label credit card issuer Conseco Finance Corp. to provide the Fiserv PLUS(TM)System credit processing solution.

Conseco Finance signed the five-year, multimillion-dollar contract with Fiserv after conducting an extensive review process in which flexibility and speed to market were key considerations.

Since entering the private label credit business in 1996, Conseco Finance has earned a reputation among its customers for developing and quickly executing innovative marketing promotions that build sales.

"Successful retailers are impatient by nature," explained Todd Woodard, Conseco Finance's President of Retail Credit. "We needed a processing solution that would allow us to keep pace with their dynamic business cycle."

According to Woodard, Conseco Finance chose Fiserv because of its partnership approach to credit card processing. "We weren't looking for a cafeteria-style, this-is-what-you-get kind of solution," he said.

Conseco Finance has processed with Fiserv since entering the private-label business, as Green Tree Financial Corporation, five years ago.

"Fiserv was willing to establish a dedicated team to work with us on efficient ways to handle our business," Woodard said. "They've also made an effort to understand what we want to accomplish in the private-label market, so their solutions are on target. That's the difference between a vendor and a partner."

"We are delighted that Conseco Finance wants to continue its partnership with Fiserv," said Max Narro, Vice President of Fiserv Credit Processing Services. "Conseco Finance is an innovative, fast-growing company. By providing them with a flexible, reliable and scalable back-office solution, Fiserv enables Conseco Finance to do what they do best - carry out creative marketing plans and provide excellent customer service."

The PLUS System is not the only Fiserv product used by Conseco Finance. The company also employs the Fiserv UniFi PRO system for loan origination and receives plastic card personalization and fulfillment from Personix.

The powerful mix of Fiserv core systems and information processing experience, complemented with VisionPLUS(TM), the industry's leading credit processing software, provide Conseco with a unique, affordable solution for an increasingly competitive marketplace. The Fiserv PLUS system enables Conseco to outsource its processing services without sacrificing customer relationships or its bottom line.

"We are confident we can provide Conseco with a value-added processing solution to secure and sustain Conseco's competitive advantage in a rapidly changing and exciting marketplace," Narro said. "We specialize in enabling organizations to aggressively grow market share in competitive markets. Fiserv is committed to bringing this value proposition to Conseco for the privilege of earning its business."

Conseco Finance Corp., with managed assets of $48 billion, is one of America's largest finance companies and a leader in the home equity, home improvement, manufactured housing and private label credit card businesses. Conseco Finance is a subsidiary of Conseco, Inc. (NYSE: CNC), headquartered in Indianapolis, Ind. To learn more about Conseco, visit www.conseco.com.

Fiserv, Inc. (Nasdaq: FISV) is an independent, full-service provider of integrated data processing and information management systems to the financial industry. As a leading technology resource, Fiserv serves more than 10,000 financial-service providers worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance agents and companies, mortgage banks and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv can also be found on the Internet at www.fiserv.com.