Discover Financial Services to Present at Lehman Brothers Financial Services Conference.

RIVERWOODS, Ill. -- Roy Guthrie, chief financial officer of Discover Financial Services, will present at the Lehman Brothers Financial Services Conference at Lehman's European headquarters in London on Tuesday, May 20, at 8:50 a.m. (GMT).

Presentation slides and a link to the live audio webcast will be posted on the day of the conference to www.discoverfinancial.com under Investor Relations, Webcasts & Presentations.

About Discover Financial Services

Discover Financial Services (NYSE: DFS) is a leading credit card issuer and electronic payment services company with one of the most recognized brands in U.S. financial services. The company operates the Discover Card, America's cash rewards pioneer. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Its payments businesses consist of the Discover Network, with millions of merchant and cash access locations, and PULSE, one of the nation's leading ATM/debit networks. For more information, visit www.discoverfinancial.com.