Fiserv, Inc. Names Bob Beriault to Lead New Operating Group.

Business Editors

BROOKFIELD, Wis.--(BUSINESS WIRE)--April 15, 2002

Fiserv, Inc. (Nasdaq: FISV) announced today that Bob Beriault has been named President of the newly formed Fiserv Securities and Trust Services Group, effective April 30, 2002. Beriault is currently President of the Securities Group and will assume the additional responsibility for the company's trust services operations.

"We're pleased to have Bob and his management team leading our efforts in serving our clients' needs for securities and trust services solutions," said Leslie M. Muma, Fiserv President and Chief Executive Officer. "Bob has been involved since the onset in our strategy to provide securities processing services, and with his strong background in the trust services arena, we are confident in his abilities to continue to grow these areas of our business."

Beriault has more than 20 years of experience in the financial services industry. He joined Lincoln Trust Company as CEO in 1986 and led the company to become the largest privately held trust company in the nation. Lincoln was acquired by Fiserv in 1995. In 1998 Beriault was named President of the Fiserv Securities Group, with responsibility for all Fiserv securities processing operations that provide processing solutions, services and products to the brokerage industry.

Under Beriault's leadership, the Securities and Trust Services Group will continue to serve the needs of Fiserv clients for a broad range of securities processing and trust services products and solutions. Management of the businesses within the group will form two new divisions, with both Division Presidents reporting directly to Beriault.

Larry Donato will serve as Division President of the Securities Division, in addition to his responsibilities as President and CEO of Fiserv Securities, Inc. Terry Reitan will become Division President of the Trust Division, while continuing as President and CEO of First Trust Corporation.

Walt Koller has been named to the newly created position of Chief Technology Officer of the Securities and Trust Group. Denny Donnelly will become Chief Operating Officer of Fiserv Securities in addition to his role as Executive Vice President of that business.

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 13,000 financial service providers worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, mortgage banks and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv also can be found on the Internet at www.fiserv.com.