Fidelity National Information Services (FIS) 8-K Results of Operations and Financial Condition

EXHIBIT 99.1

PRESS RELEASE

FIS FIRST QUARTER REVENUES INCREASE 20.5%
Reiterates Full-Year Earnings Guidance
Lender Processing Services Growth Rate Accelerates to 12.6%

     Jacksonville, Fla. -April 24, 2008— Fidelity National Information Services, Inc. (NYSE:FIS), a leading global provider of technology services to financial institutions, today announced financial results for the first quarter of 2008. First quarter results include the divestiture of certain businesses which are reported as discontinued operations for all periods presented.

     Consolidated revenue increased 20.5% to $1.3 billion, including approximately $141.3 million in revenue from eFunds, which was acquired in September 2007. Excluding eFunds, revenue increased 7.3% over the comparable 2007 quarter, driven by 12.6% growth in Lender Processing Services and 4.5% growth in Transaction Processing Services. GAAP net earnings totaled $70.5 million, and net earnings per diluted share totaled $0.36, including $0.01 from discontinued operations.

     Adjusted EBITDA increased 14.8% to $312.3 million compared to $272.0 million in the first quarter of 2007. Adjusted net earnings (formerly referred to as “cash earnings”) totaled $0.57 per diluted share compared to $0.54 in the prior-year quarter. Adjusted net earnings from continuing operations totaled $0.56 per diluted share compared to $0.52 per diluted share in the prior year.

     “While FIS achieved solid revenue growth in the first quarter, earnings came in at the low end of our guidance, primarily due to lower-than-expected software and professional services revenue,” stated William P. Foley, II, executive chairman for FIS. “In anticipation of continued economic weakness and the challenges faced by the financial services industry, we are taking a slightly more cautious view towards revenue growth in 2008. As a result, we have taken measures to reduce costs in order to achieve our previously provided earnings guidance.”

     FIS updated its outlook for 2008 revenue to reflect growth of 13% to 16% (5% to 8% excluding eFunds) over comparable revenue of $4.8 billion in 2007. The company’s previously issued guidance was revenue growth of 14% to 16% (6% to 8% excluding eFunds). Management reiterated its outlook for full year adjusted net earnings of $2.73 to $2.83 per diluted share.

     Consistent with prior guidance, this updated guidance excludes pre-tax eFunds integration expense of approximately $25 million, up-front costs associated with the spin-off of Lender Processing Services, as well as incremental operating expense for the proposed stand-alone entity. Also excluded is an estimated pre-tax restructuring charge of approximately $15 million to $20 million, which the company expects to record in the second quarter of 2008 in connection with various cost reduction initiatives.

Divestitures and Discontinued Operations

FIS recently completed the sale of two non-strategic businesses, including FIS Credit Services and Certegy Gaming Services’ quasi-credit card cash advance, debit and casino ATM operations. These sales are not expected to impact FIS’ future earnings. The company also established a plan to exit a small operation that provides services to the residential homebuilding market. These businesses have been accounted for as discontinued operations in the first quarter of 2008 and for all periods presented, along with Property Insight which was sold in the third quarter of 2007. Information pertaining to historical revenue and earnings per diluted share is provided in the attachments to this press release.

     FIS’ operating results are presented in accordance with generally accepted accounting principles (“GAAP”) and on an adjusted pro forma basis, which management believes provides more meaningful comparisons between the periods presented. The adjusted results exclude the after-tax impact of merger and acquisition and integration expenses, certain stock compensation charges, debt restructuring and other charges, gains (losses) on the sale of certain non-strategic assets and acquisition related amortization.

Segment Information

     Transaction Processing Services (TPS), which provides core processing and payment technology solutions to financial institutions, generated revenue of $826.8 million in the quarter (including $141.3 million from eFunds) compared to $656.0 million in the prior-year period, an increase of 26.0%. Adjusted EBITDA increased 22.3% to $195.5 million. The adjusted EBITDA margin was 23.6% compared to 24.4% in the first quarter of 2007. The decline in margin was driven by a change in revenue mix, including a decline in higher margin software license sales and professional services revenue compared to the prior-year quarter.

     Excluding eFunds, TPS revenue increased 4.5% to $685.5 million driven by 17.0% growth in International to $161.7 million and 4.9% growth in Integrated Financial Solutions to $297.6 million. Enterprise Solutions revenue declined 3.4% to $226.6 million, as a result of lower software license sales, professional services revenues and lower retail check volume compared to the 2007 quarter.

     Lender Processing Services (LPS), which provides core processing, information and outsourced solutions to mortgage lenders and servicers, generated revenue of $464.1 million, a 12.6% increase compared to the prior-year quarter, driven by 18.3% growth in Information Services. The strong results are attributable to growth in FIS’ default and appraisal services. Mortgage Processing revenue declined $6.7 million, or 7.4%, to $84.3 million compared to the first quarter of 2007, due to a decrease in software and maintenance revenue, and the previously announced deconversion of a customer portfolio in the fourth quarter of 2007. Lender Processing Services’ adjusted EBITDA increased 12.0% to $148.4 million. The adjusted EBITDA margin of 32.0% was comparable to the prior-year quarter.

     Corporate expense, as adjusted, increased $8.9 million to $35.3 million in the first quarter of 2008, resulting from higher stock option expense and the addition of eFunds. The effective tax rate was 36.6%.

Free Cash Flow

Free cash flow from operations (net cash provided by operating activities minus additions to property and equipment and capitalized software) was $78.7 million. Working capital and other adjustments to cash totaled approximately $26.4 million, driven primarily by continued strong revenue growth in default services.

Net free cash flow, which excludes the after-tax impact of non-operating items, including merger and integration costs, costs associated with the spin-off of Lender Processing Services and other acquisition and investment related activities, was $127.3 million.

Status of Lender Processing Services Spin-Off

     On March 27, 2008, Lender Processing Services, Inc. (LPS) filed a Form 10 with the Securities and Exchange Commission. On April 14, 2008, FIS received a formal private letter ruling from the Internal Revenue Service that the spin-off of Lender Processing Services will be tax-free to FIS as well as to LPS and FIS shareholders. The company expects to complete the distribution to shareholders by mid-2008.

Use of Non-GAAP Financial Information

     FIS reports several non-GAAP measures, including earnings before interest, taxes, depreciation and amortization (“EBITDA”) and adjusted net earnings. The adjusted results exclude the after-tax impact of merger and acquisition and integration expenses, certain stock compensation charges, debt restructuring and other costs, gains (losses) on the sale of certain non-strategic assets and acquisition related amortization. Any non-GAAP measures should be considered in context with the GAAP financial presentation and should not be considered in isolation or as a substitute for GAAP net earnings. A reconciliation of these non-GAAP measures to related GAAP measures is included in the attachments to this release.

Conference Call and Webcast

     FIS will host a call with investors and analysts to discuss first quarter 2008 results on Thursday, April 24, 2008, beginning at 5:00 p.m. Eastern daylight time. To register for the event and to access supplemental materials, go to the Investor Relations section at www.fidelityinfoservices.com and click on “Events and Multimedia.” Those wishing to participate via the telephone may do so by calling 800-230-1093 (USA) or 612-288-0337 (International). The webcast replay will be available on FIS’ Investor Relations website. The telephone replay will be available through May 1, 2008, by dialing 800-475-6701 (USA) or 320-365-3844 (International). The access code will be 917569.

To access a PDF version of this release and accompanying financial tables, go tohttp://www.investor.fidelityinfoservices.com.

About Fidelity National Information Services

     Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 41 of the top 50 global banks, including nine of the top 10. Approximately 50 percent of all U.S. residential mortgages are processed using FIS software. FIS is a member of Standard and Poor’s (S&P) 500^® Index and has been ranked the number one overall financial technology provider in the world byAmerican Bankerand the research firm Financial Insights in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 9,000 financial institutions in more than 80 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.

Forward-Looking Statements

     This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: risks associated with the proposed spin-off of

the Lender Processing Services (LPS) segment by FIS, including the ability of FIS to contribute certain LPS assets and liabilities to the entity to be spun off, the ability of LPS to obtain debt on acceptable terms and exchange that debt with certain holders of the FIS debt, obtaining government approvals, obtaining FIS Board of Directors approval, market conditions for the spin-off, and the risk that the spin-off will not be beneficial once accomplished, including as a result of unexpected dis-synergies resulting from the separation or unfavorable reaction from customers, rating agencies or other constituencies; changes in general economic, business and political conditions, including changes in the financial markets; the effects of our substantial leverage (both at FIS prior to the spin-off and at the separate companies after the spin-off), which may limit the funds available to make acquisitions and invest in our business; the risks of reduction in revenue from the elimination of existing and potential customers due to consolidation in the banking, retail and financial services industries; failures to adapt our services to changes in technology or in the marketplace; adverse changes in the level of real estate activity, which would adversely affect certain of our businesses; our potential inability to find suitable acquisition candidates or difficulties in integrating acquisitions; significant competition that our operating subsidiaries face; the possibility that our acquisition of EFD/eFunds may not be accretive to our earnings due to undisclosed liabilities, management or integration issues, loss of customers, the inability to achieve targeted cost savings, or other factors; and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.

FIS-e

SOURCE: Fidelity National Information Services, Inc.
CONTACT: Mary Waggoner, Senior Vice President, Investor Relations, 904-854-3282, mary.waggoner@fnis.com; Parag Bhansali, Senior Vice President Investor Relations and Strategy (LPS), 904-854-8640, parag.bhansali@fnis.com.

###

Exhibit A

FIDELITY NATIONAL INFORMATION SERVICES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS - UNAUDITED
(In thousands, except per share data)

	Three months ended March31,
	2008			2007
Processing and services revenues	$	1,290,952		$	1,071,440
Cost of revenues		928,555			772,381
Selling, general and administrative expenses		163,551			113,082
Research and development costs		27,068			27,109
Operating income		171,778			158,868
Other income (expense):
Interest income		3,018			559
Other income (expense)		(451	)		665
Interest expense		(62,448	)		(72,115	)
Total other income (expense)		(59,881	)		(70,891	)
Earnings before income taxes, equity earnings and minority interest		111,897			87,977
Provision for income taxes		40,955			32,729
Equity in (losses) earnings of unconsolidated entities		(1,957	)		936
Minority interest (expense) income		(122	)		176
Net earnings from continuing operations		68,863			56,360
(Loss) earnings from discontinued operations, net of tax		(884	)		3,143
Gain on disposition of discontinued operations, net of tax		2,521			—
Net earnings	$	70,500		$	59,503
Net earnings per share-basic from continuing operations	$	0.35		$	0.29
Net earnings per share-basic from discontined operations	$	0.01		$	0.02
Net earnings per share-basic	$	0.36		$	0.31
Weighted average shares outstanding-basic		194,542			191,898
Net earnings per share-diluted from continuing operations	$	0.35		$	0.29
Net earnings per share-diluted from discontinued operations		0.01			0.01
Net earnings per share-diluted	$	0.36		$	0.30
Weighted average shares outstanding-diluted		196,537			195,807

Exhibit B

FIDELITY NATIONAL INFORMATION SERVICES, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands)

	As of March 31,			As of December 31,
	2008			2007
	(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	327,965		$	355,278
Settlement deposits		42,742			21,162
Trade receivables, net		857,881			825,915
Other receivables		184,971			206,746
Settlement receivables		119,954			116,935
Receivable from FNF		11,687			14,907
Prepaid expenses and other current assets		174,914			168,454
Deferred income taxes		119,983			120,098
Total current assets		1,840,097			1,829,495
Property and equipment, net of accumulated depreciation and amortization		402,848			392,508
Goodwill		5,338,727			5,326,831
Other intangible assets, net of accumulated amortization		986,084			1,030,582
Computer software, net of accumulated amortization		809,497			775,151
Deferred costs		269,946			256,852
Investment in FNRES		28,546			30,491
Long-term notes receivable from FNF		6,059			6,154
Other noncurrent assets		150,426			146,519
Total assets	$	9,832,230		$	9,794,583
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued liabilities	$	606,250		$	606,179	��
Settlement payables		161,631			129,799
Deferred revenues		241,308			246,222
Current portion of long-term debt		270,615			272,014
Total current liabilities		1,279,804			1,254,214
Deferred revenues		121,468			111,884
Deferred income taxes		382,245			394,972
Long-term debt, excluding current portion		3,908,702			4,003,383
Other long-term liabilities		288,930			234,757
Total liabilities		5,981,149			5,999,210
Minority interest		11,249			14,194
Stockholders’ equity:
Preferred stock $0.01 par value		—			—
Common stock $0.01 par value		1,990			1,990
Additional paid in capital		3,058,585			3,038,203
Retained earnings		960,296			899,512
Accumulated other comprehensive earnings		28,476			53,389
Treasury stock		(209,515	)		(211,915	)
Total stockholders’ equity		3,839,832			3,781,179
Total liabilities and stockholders’equity	$	9,832,230		$	9,794,583

Exhibit C

FIDELITY NATIONAL INFORMATION SERVICES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS — UNAUDITED
(In thousands)

	Three months ended March 31,
	2008			2007
Cash flows from operating activities:
Net earnings	$	70,500		$	59,503
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization		124,132			110,612
Amortization of debt issue costs		1,424			28,324
(Gain) on sale of Credit business		(3,976	)		—
Stock-based compensation cost		26,378			8,489
Deferred income taxes		6,823			8,950
Income tax benefit from exercise of stock options		(357	)		(10,752	)
Equity in earnings (loss) of unconsolidated entities		1,957			(936	)
Minority interest		122			88
Changes in assets and liabilities, net of effects from acquisitions:
Net increase in trade receivables		(8,094	)		(65,348	)
Net increase in prepaid expenses and other assets		(12,023	)		(19,813	)
Additions to deferred contract costs		(21,955	)		(8,095	)
Net increase in deferred revenue		4,616			1,504
Net decrease in accounts payable, accrued liabilities and other liabilities		(21,321	)		(40,096	)
Net cash provided by operating activities		168,226			72,430
Cash flows from investing activities:
Additions to property and equipment		(24,292	)		(27,410	)
Additions to capitalized software		(65,256	)		(46,706	)
Net proceeds from sale of company assets		6,000			—
Acquisitions, net of cash acquired		(1,916	)		(21,196	)
Net cash used in investing activities		(85,464	)		(95,312	)
Cash flows from financing activities:
Borrowings		1,283,600			2,700,300
Debt service payments		(1,381,398	)		(2,689,045	)
Capitalized debt issue costs		(13	)		(12,573	)
Dividends paid		(9,716	)		(9,621	)
Income tax benefit from exercise of stock options		357			10,752
Stock options exercised		5,991			33,157
Treasury stock purchases		(9,944	)		—
Net cash (used in) provided by financing activities		(111,123	)		32,970
Effect of foreign currency exchange rates on cash		1,048			163
Net (decrease) increase in cash and cash equivalents		(27,313	)		10,251
Cash and cash equivalents, at beginning of year		355,278			211,753
Cash and cash equivalents, at end of year	$	327,965		$	222,004

Exhibit D

FIDELITY NATIONAL INFORMATION SERVICES, INC.

SUPPLEMENTAL FINANCIAL INFORMATION — UNAUDITED
(In thousands, except per share data)

																Full Year
	3/31/2008			12/31/2007			9/30/2007			6/30/2007			3/31/2007			2007
1. Revenues
Revenue from Continuing Operations:
TPS
Integrated Financial Solutions	$	368,585			364,612			308,803			297,117			283,753			1,254,285
Enterprise Solutions		280,544			289,492			241,395			245,174			234,560			1,010,621
International		178,109			199,811			147,242			143,293			138,185			628,531
Other		(439	)		(1,657	)		(1,789	)		(773	)		(548	)		(4,767	)
Total TPS Revenue		826,799			852,258			695,651			684,811			655,950			2,888,670
LPS
Mortgage Processing		84,268			98,310			88,323			94,163			91,005			371,801
Information Services		380,014			352,556			350,377			342,090			321,353			1,366,376
Other		(169	)		(457	)		(1,463	)		(51	)		—			(1,971	)
Total LPS Revenue		464,113			450,409			437,237			436,202			412,358			1,736,206
Corporate		40			341			4,343			4,021			3,132			11,837
Total Revenue from Continuing Operations		1,290,952			1,303,008			1,137,231			1,125,034			1,071,440			4,636,713
Total Revenue from Discontinued Operations		29,720			27,406			42,667			51,204			52,626			173,903
Revenue Growth from Prior Year Period (A)
Revenue from Continuing Operations:
TPS
Integrated Financial Solutions		29.9	%		28.7	%		11.6	%		9.1	%		5.1	%		13.8	%
Enterprise Solutions		19.6	%		15.9	%		3.1	%		10.8	%		7.6	%		9.5	%
International		28.9	%		41.7	%		23.9	%		44.3	%		58.4	%		40.8	%
Other		19.9	%		14.1	%		33.6	%		73.2	%		83.9	%		56.3	%
Total TPS Revenue Growth		26.0	%		26.8	%		11.0	%		16.1	%		14.7	%		17.4	%
LPS
Mortgage Information		-7.4	%		9.6	%		-2.3	%		4.6	%		2.5	%		3.6	%
Information Services		18.3	%		14.0	%		16.7	%		25.4	%		19.6	%		18.7	%
Other		—			-104.6	%		-112.7	%		-100.4	%		-100.0	%		-104.4	%
Total LPS Revenue Growth		12.6	%		10.1	%		8.7	%		16.6	%		11.8	%		11.7	%
Corporate		-98.7	%		120.9	%		364.8	%		47.3	%		94.5	%		1007.3	%
Total Revenue from Continuing Operations		20.5	%		20.7	%		10.7	%		16.4	%		13.7	%		15.4	%
2. TPS Revenue from Continuing Operations, Excluding eFunds
TPS
Integrated Financial Solutions	$	297,566			297,912			296,142			297,117			283,753			1,174,924
Enterprise Solutions		226,605			244,121			231,613			245,174			234,560			955,468
International		161,742			170,782			142,057			143,293			138,185			594,317
Other		(423	)		(515	)		(789	)		(773	)		(548	)		(2,625	)
Total TPS Revenue, excluding eFunds	$	685,489			712,300			669,023			684,811			655,950			2,722,083
Total Revenue from Continuing Operations, excluding eFunds	$	1,149,642			1,163,050			1,110,603			1,125,034			1,071,440			4,470,126
TPS Revenue Growth from Prior Year Period, excluding eFunds (A)
TPS
Integrated Financial Solutions		4.9	%		5.2	%		7.0	%		9.1	%		5.1	%		6.6	%
Enterprise Solutions		-3.4	%		-2.3	%		-1.0	%		10.8	%		7.6	%		3.5	%
International		17.0	%		21.2	%		19.5	%		44.3	%		58.4	%		33.2	%
Other		22.7	%		73.3	%		70.7	%		73.2	%		83.9	%		75.9	%
Total TPS Revenue Growth, excluding Efunds		4.5	%		6.0	%		6.7	%		16.1	%		14.7	%		10.6	%
Total Revenue Growth, excluding Efunds		7.3	%		7.7	%		8.1	%		16.4	%		13.7	%		11.3	%
3. Depreciation and Amortization
Depreciation and Amortization	$	68,711			79,171			83,653			68,027			62,563			293,414
Purchase Price Amortization		46,560			49,385			40,599			37,897			40,780			168,661
Other Amortization		8,861			9,347			10,187			7,968			7,269			34,771
Total Depreciation and Amortization	$	124,132			137,903			134,439			113,892			110,612			496,846
Depreciation and Amortization Relating to Non-recurring Adjustments	$	—			—			13,531			393			683			14,608
Depreciation and Amortization from Discontinued Operations		1,394			1,322			1,558			1,714			1,716			6,310
Total Depreciation and Amortization from Continuing Operations, as adjusted	$	122,738			136,581			119,350			111,785			108,213			475,928

Exhibit D

FIDELITY NATIONAL INFORMATION SERVICES, INC.

SUPPLEMENTAL FINANCIAL INFORMATION — UNAUDITED
(In thousands, except per share data)

																Full Year
	3/31/2008			12/31/2007			9/30/2007			6/30/2007			3/31/2007			2007
4. Capital Expenditures
TPS	$	72,506			71,664			57,976			50,279			43,482			223,401
LPS		16,574			23,706			34,680			22,039			25,426			105,851
Corporate		(522	)		2,341			(3,057	)		7,196			4,183			10,663
Total Capital Expenditures — Continuing Operations		88,558			97,711			89,599			79,514			73,091			339,915
Total Capital Expenditures — Discontinued Operations		990			917			1,062			380			1,025			3,384
Total Capital Expenditures	$	89,548			98,628			90,661			79,894			74,116			343,299
5. Long-term Debt as of Period End and Interest Expense and Rates
		2008 Q1			2007 Q4			2007 Q3			2007 Q2			2007 Q1
Term Note A	$	2,034,375			2,047,500			2,060,625			2,073,750			2,086,875
Term Note B		1,592,000			1,596,000			1,600,000			—			—
Revolver		330,000			308,000			332,200			430,500			600,300
eFunds Notes		—			98,533			98,226			—			—
Certegy Notes		198,837			198,221			197,638			197,040			196,474
Other Long-term Debt		24,105			27,143			32,187			151,134			145,631
Total Long-term Debt	$	4,179,317			4,275,397			4,320,876			2,852,424			3,029,280
Total Interest Expense	$	62,450			68,864			44,370			42,991			72,115
Less Debt Restructuring Charge		—			—			—			—			(27,164	)
Adjusted Interest Expense	$	62,450			68,864			44,370			42,991			44,951
Average Interest Rate		5.8	%		6.4	%		6.3	%		6.1	%		6.2	%
6. Stock Compensation Expense
Stock Compensation Expense, Excluding Acceleration Charges	$	12,184			10,170			9,287			8,751			8,489			36,697
Stock Acceleration Expense		14,194			1,653			603			—			—			2,256
Total Stock Compensation Expense	$	26,378			11,823			9,890			8,751			8,489			38,953

Notes:

(A) Growth calculation for 3/31/2007 growth includes Certegy revenue for January 2006.

Exhibit E

FIDELITY NATIONAL INFORMATION SERVICES, INC.
NON-GAAP FINANCIAL INFORMATION — UNAUDITED
(In thousands, except per share data)

																Full Year
	3/31/2008			12/31/2007			9/30/2007			6/30/2007			3/31/2007			2007
1. EBIT and EBITDA — Consolidated
Revenue from Continuing Operations	$	1,290,952			1,303,008			1,137,231			1,125,034			1,071,440			4,636,713
Operating Income	$	171,778			229,550			177,831			179,368			158,868			745,617
M&A, Restructuring and Integration Costs		14,970			1,653			19,455			2,195			4,961			28,264
LPS Spin Costs		2,858			500			—			—			—			500
EBIT, as adjusted	$	189,606			231,703			197,286			181,563			163,829			774,381
Depr and Amort from Cont Ops, as adjusted		122,738			136,581			119,350			111,785			108,213			475,928
EBITDA , as adjusted	$	312,344			368,284			316,636			293,348			272,042			1,250,309
EBIT Margin, as adjusted		14.7	%		17.8	%		17.3	%		16.1	%		15.3	%		16.7	%
EBITDA Margin, as adjusted		24.2	%		28.3	%		27.8	%		26.1	%		25.4	%		27.0	%
2. EBITDA from Discontinued Operations
Total EBITDA from Discontinued Operations	$	(3,128	)		1,029			5,646			6,279			7,007			19,961
3. EBITDA — TPS
Revenue from Continuing Operations	$	826,799			852,258			695,651			684,811			655,950			2,888,670
Operating Income	$	107,879			140,313			86,092			99,172			90,059			415,636
Depreciation		43,124			56,626			56,447			37,859			33,751			184,683
Purchase Price Amortization		36,086			35,949			29,104			27,027			29,198			121,278
Other Amortization		8,386			8,851			9,585			7,516			6,869			32,821
EBITDA , before other items	$	195,475			241,739			181,228			171,574			159,877			754,418
M&A, Restructuring and Integration Costs		—			—			4,614			—			—			4,614
EBITDA, excluding other items	$	195,475			241,739			185,842			171,574			159,877			759,032
EBITDA Margin, as adjusted		23.6	%		28.4	%		26.7	%		25.1	%		24.4	%		26.3	%
4. EBITDA — LPS
Revenue from Continuing Operations	$	464,113			450,409			437,237			436,202			412,358			1,736,206
Operating Income	$	116,350			122,527			116,392			107,846			95,165			441,930
Depreciation		20,794			20,455			20,887			22,281			21,544			85,167
Purchase Price Amortization		10,107			10,605			10,538			10,345			11,046			42,534
Other Amortization		475			496			602			452			400			1,950
EBITDA , before other items	$	147,726			154,083			148,419			140,924			128,155			571,581
M&A, Restructuring and Integration Costs		630			—			707			1,802			4,278			6,787
EBITDA, excluding other items	$	148,356			154,083			149,126			142,726			132,433			578,368
EBITDA Margin, as adjusted		32.0	%		34.2	%		34.1	%		32.7	%		32.1	%		33.3	%
5. Net Earnings — Reconciliation
Net Earnings	$	70,500			108,411			245,304			148,004			59,503			561,222
M&A, Restructuring and Integration Costs, net of tax		9,491			(6,560	)		10,505			1,385			3,116			8,446
LPS Spin Costs, net of tax		1,812			315			—			—			—			315
Covansys Gain, net of tax		—			—			(114,939	)		(57,988	)		—			(172,927	)
Gain on Property Insight, net of tax		—			—			(42,124	)		—			—			(42,124	)
Debt Restructure Charge, net of tax		—			—			—			—			17,059			17,059
Net Earnings, excluding other items		81,803			102,166			98,746			91,401			79,678			371,991
After-tax Purchase Price Amortization		29,518			31,112			25,578			23,901			25,612			106,203
Adjusted Net Earnings	$	111,321			133,278			124,324			115,302			105,290			478,194
Net Earnings Per Share, excluding other items	$	0.42			0.52			0.50			0.46			0.41			1.89
Adjusted Net Earnings Per Share	$	0.57			0.68			0.63			0.59			0.54			2.43
Diluted Weighted Average Shares		196,537			196,741			196,649			196,977			195,807			196,546

Exhibit F

FIDELITY NATIONAL INFORMATION SERVICES, INC.
RECONCILIATION OF GAAP TO NON-GAAP CASHFLOW MEASURES — UNAUDITED
(In thousands)

	3/31/2007								6/30/2007								9/30/2007
	GAAP			Adj		Non-GAAP			GAAP			Adj		Non-GAAP			GAAP			Adj		Non-GAAP
Cash flows from operating activities:
Net earnings (1)	$	59,503			3,115		62,618		$	148,004			1,383		149,387		$	245,304			109,728		355,032
Adjustments to reconcile net earnings to net cash provided by operating activities:
Non-cash adjustments		155,527					155,527			25,152					25,152			(182,304	)				(182,304	)
Working capital adjustments (2)		(142,600	)		12,700		(129,900	)		(2,499	)		18,100		15,601			(49,681	)		9,500		(40,181	)
Net cash provided by operating activities		72,430			15,815		88,245			170,657			19,483		190,140			13,319			119,228		132,547
Capital expenditures included in investing activities:
Additions to property and equipment		(27,410	)				(27,410	)		(32,792	)				(32,792	)		(25,184	)				(25,184	)
Additions to capitalized software		(46,706	)				(46,706	)		(47,102	)				(47,102	)		(65,477	)				(65,477	)
Net capital expenditures		(74,116	)		—		(74,116	)		(79,894	)		—		(79,894	)		(90,661	)		—		(90,661	)
Net free cash flow	$	(1,686	)		15,815		14,129		$	90,763			19,483		110,246		$	(77,342	)		119,228		41,886
Notes:
(1) Adjustments to Net Earnings
Eliminate after-tax impact of non-recurring integration costs					3,115								1,383								3,168
Eliminate payment of tax liabilities associated with disposition of non-strategic investments					—								—								106,560
					3,115								1,383								109,728
(2) Adjustments to working capital reflect elimination of settlement of various acquisition related liabilities.

	12/31/2007								Full Year - 2007								3/31/2008
	GAAP			Adj		Non-GAAP			GAAP			Adj		Non-GAAP			GAAP			Adj		Non-GAAP
Cash flows from operating activities:
Net earnings (1)	$	108,411			38,990		147,401		$	561,222			153,216		714,438		$	70,500			2,304		72,804
Adjustments to reconcile net earnings to net cash provided by operating activities:
Non-cash adjustments		181,495					181,495			179,870			—		179,870			156,504					156,504
Working capital adjustments (2)		(82,760	)		8,870		(73,890	)		(277,540	)		49,170		(228,370	)		(58,778	)		46,342		(12,436	)
Net cash provided by operating activities		207,146			47,860		255,006			463,552			202,386		665,938			168,226			48,646		216,872
Capital expenditures included in investing activities:
Additions to property and equipment		(28,446	)				(28,446	)		(113,832	)		—		(113,832	)		(24,292	)				(24,292	)
Additions to capitalized software		(70,182	)				(70,182	)		(229,467	)		—		(229,467	)		(65,256	)				(65,256	)
Net capital expenditures		(98,628	)		—		(98,628	)		(343,299	)		—		(343,299	)		(89,548	)		—		(89,548	)
Net free cash flow	$	108,518			47,860		156,378		$	120,253			202,386		322,639		$	78,678			48,646		127,324
Notes:
(1) Adjustments to Net Earnings
Eliminate after-tax impact of non-recurring integration costs					—								7,666								2,304
Eliminate payment of tax liabilities associated with disposition of non-strategic investments					38,990								145,550								—
					38,990								153,216								2,304
(2) Adjustments to working capital reflect elimination of settlement of various acquisition related liabilities.

Appendix G

FIDELITY NATIONAL INFORMATION SERVICES, INC.
SEGMENT INFORMATION FROM CONTINUING OPERATIONS — UNAUDITED
(In thousands)

3/31/2008

	Transaction		Lender		Corporate
	Processing Services		Processing Services		and Other			Total
Processing and services revenue	$	826,799		464,113		40			1,290,952
Cost of revenues		634,264		294,291		—			928,555
Gross profit		192,535		169,822		40			362,397
Selling, general and admin costs		65,176		45,884		52,491			163,551
Research development costs		19,480		7,588		—			27,068
Operating income		107,879		116,350		(52,451	)		171,778
Depreciation and amortization		87,596		31,376		3,766			122,738
EBITDA	$	195,475		147,726		(48,685	)		294,516
Merger and acquisition costs		—		630		14,340			14,970
LPS spin costs		—		—		2,858			2,858
EBITDA, excluding selected items	$	195,475		148,356		(31,487	)		312,344

3/31/2007

	Transaction		Lender		Corporate
	Processing Services		Processing Services		and Other			Total
Processing and services revenue	$	655,950		412,358		3,132			1,071,440
Cost of revenues		507,487		264,894		—			772,381
Gross profit		148,463		147,464		3,132			299,059
Selling, general and admin costs		40,886		42,708		29,488			113,082
Research development costs		17,518		9,591		—			27,109
Operating income		90,059		95,165		(26,356	)		158,868
Depreciation and amortization		69,818		32,990		6,088			108,896
EBITDA	$	159,877		128,155		(20,268	)		267,764
Merger and acquisition costs		—		4,278		—			4,278
EBITDA, excluding selected items	$	159,877		132,433		(20,268	)		272,042