MasterCard Incorporated

September 15, 2005 11:12 ET

MasterCard Files Registration Statement for Initial Public Offering

PURCHASE, N.Y.--(CCNMatthews - Sep 15, 2005) -

MasterCard Incorporated announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The Class A common stock is expected to trade on the New York Stock Exchange under the symbol "MA."

The initial public offering is part of MasterCard's plans, announced August 31, for a new corporate governance and open ownership structure that will include the appointment of a new board of directors comprised of a majority of independent directors, the establishment of a charitable foundation and a transition to being a publicly traded company.

Goldman, Sachs & Co. is advising MasterCard with respect to the offering.

When available, a copy of the preliminary prospectus relating to the offering may be obtained from: Goldman, Sachs & Co., Prospectus Department, 85 Broad Street, New York, New York 10004 (telephone: 212-902-1171). The offering will be made only by means of a prospectus.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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