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

Exhibit 99.1

PRESS RELEASE

FIDELITY NATIONAL INFORMATION SERVICES REPORTS
REVENUE GROWTH OF 25.4%
ORGANIC REVENUE INCREASES 9.4%

Strong organic growth across all business lines
Integrated Financial Solutions increases 9.0%
Enterprise Solutions increases 3.7%
International increases 25.5%
Pro forma free cash flow of $118 million

     Jacksonville, Fla. — October 27, 2008— Fidelity National Information Services, Inc. (NYSE:FIS), a leading global provider of technology services to financial institutions, today announced consolidated financial results for the third quarter of 2008.

     Consolidated revenue increased 25.4% to $893.8 million, including approximately $142.8 million in revenue from eFunds, which FIS acquired in September 2007. Excluding eFunds, organic revenue increased 9.4% over the comparable 2007 quarter. GAAP net earnings from continuing operations totaled $0.24 per share, compared to $0.68 per share in the third quarter of 2007, which included an after-tax gain of $0.58 from the sale of Covansys stock.

     Non-GAAP adjusted net earnings from continuing operations for the third quarter of 2008 totaled $0.42 per share, compared to $0.31 in the prior year, an increase of 35.5%. Adjusted EBITDA increased 27.9% to $228.9 million compared to $179.0 million in the third quarter of 2007. The EBITDA margin improved to 25.6% compared to 25.1% in the prior-year quarter and increased sequentially from 23.1% in the second quarter of 2008. Pro forma free cash flow (cash from operations, adjusted for merger and integration costs, less capital expenditures) increased to $118.2 million in the third quarter of 2008. Pro forma free cash flow for the first nine months of 2008 totaled $209.3 million, or 102% of adjusted net earnings, compared with $41.5 million in the same period in the prior year.

     “FIS has achieved consistent improvement in organic revenue growth, EBITDA margin and free cash flow throughout 2008, and we are very pleased with these results,” stated William P. Foley, II, executive chairman of FIS. “Despite the increasingly challenging economic environment, we are reaffirming our previously communicated earnings guidance.”

     “FIS is executing to plan, despite persistent challenges in the marketplace,” added Lee A. Kennedy, president and chief executive officer. “We continue to focus on the goals that we established early in the year, including driving higher organic revenue growth through market share gains and cross sales, reducing our overall cost structure, completing the eFunds integration, reducing capital expenditures and improving cash flow. We are making solid progress on each of these initiatives, as demonstrated by the strong results across all business lines.”

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

Divestitures and Discontinued Operations

     During the first half of 2008, FIS completed the sale of two non-strategic businesses, FIS Credit Services and Certegy Gaming Services. The company also exited a small operation that provided services to the residential homebuilding market. On July 2, 2008, FIS completed the spin-off of Lender Processing Services, Inc., (NYSE:LPS). These businesses are reported as discontinued operations for the periods presented.

     On October 13, 2008, FIS completed the previously announced sale of Certegy Australia, Ltd., and will report this business as a discontinued operation beginning in the fourth quarter of 2008. Certegy Australia provides retail lending services to consumers.

Supplemental Information

     Consolidated third quarter revenue increased 25.4% to $893.8 million (including eFunds revenue of $142.8 million) compared to $712.8 million (including eFunds revenue of $26.6 from the acquisition date of September 12, 2007) in the prior year quarter. Excluding eFunds revenue from both periods, revenue increased 9.4% to $751.0 million, driven by 25.5% growth in International, 9.0% growth in Integrated Financial Solutions and 3.7% growth in Enterprise Solutions. Termination fees totaled $1.7 million in the third quarter of 2008, compared to $3.0 million in the third quarter of 2007.

     The strong performance in International was driven by growth in FIS’ core bank processing operation in Germany, new customer implementations, the company’s Brazilian card processing joint venture and favorable currency rates, which benefitted revenue by $13.6 million. The increase in Integrated Financial Solutions was due to growth in core processing services, ebusiness solutions, card marketing programs and a $5.6 million year-to-date adjustment for pass-through interchange revenue. Excluding the interchange adjustment, Integrated Financial Solutions revenue increased approximately 7.2%.

     Enterprise Solutions revenue, excluding eFunds, increased 3.7% to $240.1 million compared to the prior-year quarter and increased 5.6% compared to the second quarter of 2008. Increased software license sales and outsourced technology revenue more than offset a $6.9 million decline in retail check risk management revenue.

     Adjusted EBITDA increased 27.9% to $228.9 million. The adjusted EBITDA margin increased 50 basis points to 25.6% compared to the third quarter of 2007, and increased 250 basis points compared to 23.1% in the second quarter of 2008. The improvement was driven by increasing profitability in the company’s International business, efficiency gains and higher software license fees.

     Corporate overhead expense totaled $23.7 million in the third quarter of 2008, compared to $15.6 million in the third quarter of 2007. The increase was driven by higher incentive compensation accruals and stock option expense.

Balance Sheet

     During the quarter, FIS retired $200 million of secured 4.75% fixed rate notes. As of September 30, 2008, the company had $238.5 million in cash and cash equivalents and $2.6 billion in outstanding debt, of which $2.1 billion has been swapped to fixed interest rates. The effective interest rate on FIS total debt at September 30, 2008, was 5.5%.

Outlook

FIS reaffirmed its previously communicated full year 2008 earnings guidance as follows:

	Years Ended
	FY 2008							FY 2007
Adjusted net earnings per share:
Continuing operations	$	1.51		to	$	1.57		$	1.23
Certegy Australia		(0.07	)			(0.07	)	$	(0.05	)
Continuing operations, excluding Certegy Australia	$	1.44		to		1.50		$	1.18

In addition, the company provided guidance for fourth quarter 2008 as follows:

	Quarters Ended
	12/31/2008						12/31/2007
Adjusted net earnings per share:
Continuing operations	$	0.45		to	$	0.49	$	0.36
Certegy Australia		(0.02	)			—		(0.01	)
Continuing operations, excluding Certegy Australia	$	0.43		to		0.49	$	0.35

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, free cash flow and organic revenues. 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. Organic revenue excludes eFunds during the periods being compared. 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. Further, FIS’ non-GAAP measures may be calculated differently from similarly titled measures of other companies. 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 third quarter 2008 results on Monday, October 27, 2008, beginning at 5:00 p.m. Eastern daylight time. To register for the live event and to access a supplemental slide presentation, go to the Investor Relations section at www.fidelityinfoservices.com and click on “Events and Multimedia.” A webcast replay will be available on FIS’ Investor Relations website, and a telephone replay will be available through November 10, 2008, by dialing 800-475-6701 (USA) or 320-365-3844 (International). The access code will be 965579. To access a PDF version of this release and accompanying financial tables, go tohttp://www.investor.fidelityinfoservices.com.

About Fidelity National Information Services, Inc.

     Fidelity National Information Services, Inc. (NYSE: FIS), a Fortune 500 company, is a leading provider of core processing for financial institutions; card issuer and transaction processing services; and outsourcing services to financial institutions and

retailers. FIS has processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor’s (S&P) 500(R) Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insights in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 13,000 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: changes in general economic, business and political conditions, including changes in the financial markets; the effects of our substantial leverage 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 or due to financial failures suffered by firms in those industries; failures to adapt our services to changes in technology or in the marketplace; 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.

CONTACTS: Mary Waggoner, Senior Vice President, Investor Relations (FIS), 904-854-3282,mary.waggoner@fnis.com;

###

Fidelity National Information Services, Inc.
Earnings Release Supplemental Financial Information
October 27, 2008

Exhibit A	Consolidated Statements of Earnings for the Three and Nine-Month Periods ended September 30, 2008 and 2007
Exhibit B	Consolidated Balance Sheets as of September 30, 2008 and December 31, 2007
Exhibit C	Consolidated Statements of Cash Flows for the Nine-Month Periods ended September 30, 2008 and 2007
Exhibit D	Supplemental Financial Information for the Three and Nine-Month Periods ended September 30, 2008 and 2007
Exhibit E	Supplemental Non-GAAP Financial Information for the Three and Nine-Month Periods ended September 30, 2008 and 2007
Exhibit F	Supplemental GAAP to Non-GAAP Reconciliation — Unaudited for the Three and Nine-Month Periods ended September 30, 2008 and 2007

1

Exhibit A

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

	Three months ended September 30,						Nine months ended September 30,
	2008			2007			2008			2007
Processing and services revenues	$	893,844		$	712,812		$	2,610,720		$	2,085,694
Cost of revenues		661,995			562,998			1,984,295			1,624,463
Selling, general and administrative expenses		79,944			72,387			308,846			216,612
Research and development costs		26,155			17,579			73,308			50,002
Operating income		125,750			59,848			244,271			194,617
Other income (expense):
Interest income		978			719			5,373			1,093
Gain on sale of Covansys stock		—			182,444			—			274,488
Other income		(1,884	)		3,327			(101	)		4,755
Interest expense		(48,397	)		(37,856	)		(132,415	)		(152,863	)
Total other income (expense)		(49,303	)		148,634			(127,143	)		127,473
Earnings before income taxes, equity earnings and minority interest		76,447			208,482			117,128			322,090
Provision for income taxes		28,071			75,238			37,481			113,802
Equity in (losses) earnings of unconsolidated entities		—			86			(157	)		2,824
Minority interest expense		(2,751	)		41			(2,867	)		369
Net earnings from continuing operations		45,625			133,371			76,623			211,481
Earnings from discontinued operations, net of tax		(2,002	)		111,933			109,407			241,330
Net earnings	$	43,623		$	245,304		$	186,030		$	452,811
Net earnings per share-basic from continuing operations*	$	0.24		$	0.69		$	0.40		$	1.10
Net earnings per share-basic from discontinued operations*		(0.01	)		0.58			0.57			1.25
Net earnings per share-basic*	$	0.23		$	1.27		$	0.97		$	2.35
Weighted average shares outstanding-basic		189,541			193,171			192,198			192,609
Net earnings per share-diluted from continuing operations*	$	0.24		$	0.68		$	0.39		$	1.08
Net earnings per share-diluted from discontinued operations*		(0.01	)		0.57			0.56			1.23
Net earnings per share-diluted*	$	0.23		$	1.25		$	0.96		$	2.30
Weighted average shares outstanding-diluted		191,822			196,649			194,261			196,480

* Amounts may not sum due to rounding.

2

Exhibit B

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

	As of			As of
	September 30,			December 31,
	2008			2007
	(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	238,458		$	355,278
Settlement deposits		30,218			21,162
Trade receivables, net		518,640			825,915
Other receivables		165,391			206,746
Settlement receivables		41,243			116,935
Receivable from FNF and LPS		8,627			14,907
Prepaid expenses and other current assets		119,604			168,454
Deferred income taxes		83,317			120,098
Total current assets		1,205,498			1,829,495
Property and equipment, net of accumulated depreciation and amortization		280,502			392,508
Goodwill		4,232,979			5,326,831
Other intangible assets, net of accumulated amortization		853,360			1,030,582
Computer software, net of accumulated amortization		639,867			775,151
Deferred contract costs		233,574			256,852
Investment in FNRES		—			30,491
Long-term notes receivable from FNF		5,659			6,154
Other noncurrent assets		100,036			146,519
Total assets	$	7,551,475		$	9,794,583
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued liabilities	$	392,564		$	606,179
Settlement payables		75,927			129,799
Deferred revenues		159,837			246,222
Current portion of long-term debt		93,962			272,014
Total current liabilities		722,290			1,254,214
Deferred revenues		88,853			111,884
Deferred income taxes		354,636			394,972
Long-term debt, excluding current portion		2,554,799			4,003,383
Other long-term liabilities		175,248			234,757
Total liabilities		3,895,826			5,999,210
Minority interest		66,293			14,194
Stockholders equity:
Preferred stock $0.01 par value		—			—
Common stock $0.01 par value		1,994			1,990
Additional paid in capital		2,957,937			3,038,203
Retained earnings		1,056,801			899,512
Accumulated other comprehensive earnings		(24,617	)		53,389
Treasury stock		(402,759	)		(211,915	)
Total stockholders equity		3,589,356			3,781,179
Total liabilities and stockholders equity	$	7,551,475		$	9,794,583

3

Exhibit C

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

	Nine Months ended September 30,
	2008			2007
Cash flows from operating activities:
Net earnings	$	186,030		$	452,811
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization		344,520			358,943
Amortization of debt issue costs		16,043			29,224
(Gain) on sale of Covansys stock		—			(274,488	)
Net (Gain) on sale of Non Strategic businesses		2,496			(71,675	)
Stock-based compensation cost		50,594			27,130
Deferred income taxes		3,096			(26,713	)
Income tax benefit from exercise of stock options		(139	)		(44,243	)
Equity in (earnings) loss of unconsolidated entities		2,274			(1,266	)
Minority interest		3,589			1,463
Changes in assets and liabilities, net of effects from acquisitions:
Net increase in trade receivables		(30,983	)		(115,811	)
Net increase in prepaid expenses and other assets		(11,388	)		(41,571	)
Additions to deferred contract costs		(54,736	)		(41,335	)
Net decrease in deferred revenue		(9,328	)		(11,630	)
Net (decrease) increase in accounts payable, accrued liabilities and other liabilities		(103,408	)		15,567
Net cash provided by operating activities		398,660			256,406
Cash flows from investing activities:
Additions to property and equipment		(57,084	)		(85,386	)
Additions to capitalized software		(146,725	)		(159,285	)
Other Investing Activities		(4,665	)		—
Cash received from sale of Covansys stock		—			430,157
Net proceeds from sale of company assets		33,506			81,235
Acquisitions, net of cash acquired		(17,404	)		(1,722,257	)
Net cash used in investing activities		(192,372	)		(1,455,536	)
Cash flows from financing activities:
Borrowings		3,796,198			4,300,300
Debt service payments		(3,839,311	)		(2,987,160	)
Capitalized debt issue costs		(12	)		(28,052	)
Dividends paid		(28,752	)		(28,931	)
LPS spin-off		(20,770	)		—
Income tax benefit from exercise of stock options		139			44,243
Stock options exercised		18,626			44,960
Treasury stock purchases		(236,168	)		(80,339	)
Net cash (used in) provided by financing activities		(310,050	)		1,265,021
Effect of foreign currency exchange rates on cash		(13,058	)		1,432
Net (decrease) increase in cash and cash equivalents		(116,820	)		67,323
Cash and cash equivalents, at beginning of period		355,278			211,753
Cash and cash equivalents, at end of period	$	238,458		$	279,076

4

Exhibit D

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

	Three Month Periods ended						Nine Month Periods ended
	September 30,						September 30,
	2008			2007			2008			2007
1. Revenues
Revenue from Operations:
TPS
Integrated Financial Solutions	$	390,746		$	309,729		$	1,139,794		$	890,599
Enterprise Solutions		301,386			243,003			870,080			722,737
International		192,420			144,707			570,412			426,185
Other		(666	)		(1,789	)		(2,370	)		(3,110	)
Total TPS Revenue		883,886			695,650			2,577,916			2,036,411
Corporate		9,958			17,162			32,804			49,283
Total Revenue from Operations		893,844			712,812			2,610,720			2,085,694
Total Revenue from Operations, excluding eFunds	$	750,979		$	686,185		$	2,189,323		$	2,059,067
Revenue Growth from Prior Year Period
Revenue from Operations:
TPS
Integrated Financial Solutions		26.2	%		11.9	%		28.0	%		14.9	%
Enterprise Solutions		24.0	%		3.8	%		20.4	%		21.0	%
International		33.0	%		21.8	%		33.8	%		47.3	%
Other		62.8	%		33.6	%		23.8	%		65.3	%
Total TPS Revenue Growth		27.1	%		11.0	%		26.6	%		19.6	%
Corporate		-42.0	%		24.6	%		-33.4	%		-2.0	%
Total Revenue from Operations		25.4	%		11.3	%		25.2	%		19.0	%
Total Revenue Growth, excluding eFunds		9.4	%		7.1	%		6.3	%		17.5	%

5

Exhibit E

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

	Three Month Periods ended						Nine Month Periods ended
	September 30,						September 30,
	2008			2007			2008			2007
1. EBIT and EBITDA Consolidated
Revenue from Operations	$	893,844		$	712,812		$	2,610,720		$	2,085,694
Operating Income	$	125,750		$	59,848		$	244,271		$	194,617
M&A, Restructuring and Integration Costs		2,236			19,455			46,277			26,611
Corporate Costs Non — Disc. Ops		—			5,697			18,118			18,613
LPS Spin Costs		898			—			9,338			—
EBIT, as adjusted	$	128,884		$	85,000		$	318,004		$	239,841
Depr and Amort from Cont Ops, as adjusted		99,980			93,973			298,424			261,818
EBITDA, as adjusted	$	228,864		$	178,973		$	616,428		$	501,659
EBIT Margin, as adjusted		14.4	%		11.9	%		12.2	%		11.5	%
EBITDA Margin, as adjusted		25.6	%		25.1	%		23.6	%		24.1	%
2. EBITDA — TPS
Revenue from Operations	$	883,886		$	695,650		$	2,577,916		$	2,036,411
Operating Income	$	148,677		$	86,088		$	372,562		$	275,318
Depreciation		43,140			56,450			128,123			128,059
Purchase Price Amortization		35,380			29,104			106,925			85,329
Other Amortization		10,998			9,585			29,654			23,970
EBITDA , before other items	$	238,195		$	181,227		$	637,264		$	512,676
M&A, Restructuring and Integration Costs		708			4,614			13,250			4,614
EBITDA, excluding other items	$	238,903		$	185,841		$	650,514		$	517,290
EBITDA Margin, as adjusted		27.0	%		26.7	%		25.2	%		25.4	%

6

Exhibit E

FIDELITY NATIONAL INFORMATION SERVICES, INC.
RECONCILIATION OF PRO FORMA TO ADJUSTED PRO FORMA CASH FLOW MEASURES — UNAUDITED
(In thousands)

	Quarter Ended September 30, 2008								Quarter Ended June 30, 2008								Quarter Ended March 31, 2008								Year to Date September 30, 2008
	GAAP			Adj		Adjusted			Pro forma (1)			Adj		Adj Pro forma			Pro forma (1)			Adj		Adj Pro forma			Pro forma (1)			Adj		Adj Pro forma
Cash flows from operating activities:
Net earnings (2)	$	43,623		$	2,022	$	45,645		$	15,593		$	28,862	$	44,455		$	15,439		$	8,270	$	23,709		$	74,655		$	39,154	$	113,809
Adjustments to reconcile net earnings to net cash provided by operating activities:
Non-cash adjustments		128,760			—		128,760			118,947			—		118,947			114,008			—		114,008			361,715			—		361,715
Working capital adjustments (3)		(16,555	)		8,560		(7,995	)		(43,039	)		18,090		(24,949	)		(100,899	)		46,340		(54,559	)		(160,493	)		72,990		(87,503	)
Net cash provided by operating activities		155,828			10,582		166,410			91,501			46,952		138,453			28,548			54,610		83,158			275,877			112,144		388,021
Capital expenditures		(48,163	)		—		(48,163	)		(52,260	)		—		(52,260	)		(78,250	)		—		(78,250	)		(178,673	)		—		(178,673	)
Net free cash flow	$	107,665		$	10,582	$	118,247		$	39,241		$	46,952	$	86,193		$	(49,702	)	$	54,610	$	4,908		$	97,204		$	112,144	$	209,348

	Quarter Ended September 30, 2007								Quarter Ended June 30, 2007								Quarter Ended March 31, 2007								Year to Date September 30, 2007
	Pro forma (1)			Adj		Adj Pro forma			Pro forma (1)			Adj		Adj Pro forma			Pro forma (1)			Adj		Adj Pro forma			Pro forma (1)			Adj		Adj Pro forma
Cash flows from operating activities:
Net earnings (2)	$	177,551		$	15,521	$	193,072		$	83,069		$	17,541	$	100,610		$	819		$	18,810	$	19,629		$	261,439		$	51,872	$	313,311
Adjustments to reconcile net earnings to net cash provided by operating activities:
Non-cash adjustments		(212,517	)		—		(212,517	)		(6,481	)		—		(6,481	)		111,782			—		111,782			(107,216	)		—		(107,216	)
Working capital adjustments (3)		(13,236	)		116,060		102,824			23,250			18,100		41,350			(111,715	)		12,700		(99,015	)		(101,701	)		146,860		45,159
Net cash provided by operating activities		(48,202	)		131,581		83,379			99,838			35,641		135,479			886			31,510		32,396			52,522			198,732		251,254
Capital expenditures		(81,213	)		—		(81,213	)		(64,963	)		—		(64,963	)		(63,611	)		—		(63,611	)		(209,787	)		—		(209,787	)
Net free cash flow	$	(129,415	)	$	131,581	$	2,166		$	34,875		$	35,641	$	70,516		$	(62,725	)	$	31,510	$	(31,215	)	$	(157,265	)	$	198,732	$	41,467

(1)	Pro forma cash flows are presented as if the LPS spin-off was completed on January 1, 2007 and represents FIS on a post-spin basis.
(2)	Adjustments to Net Earnings reflect the elimination of the after-tax impact of non-recurring M&A and related integration costs, costs associated with the LPS spin-off, restructuring costs and the elimination of corporate costs attributable to LPS. The adjustments also include a recast of Q1 and Q2 2008 to reflect proper allocation of stock based compensation related to LPS.
(3)	Adjustments to working capital reflect elimination of settlement of various acquisition related liabilities.

7

Exhibit F

FIDELITY NATIONAL INFORMATION SERVICES, INC.
GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(in thousands, except per share data)

				M&A
	GAAP			Restructuring												Non-GAAP
	Three Months			And			LPS						Purchase			Three Months
	Ended			Integration			Spin						Price			Ended
	September 30, 2008			Costs (1)			Costs (3)			Subtotal			Amortization (4)			September 30, 2008
	(Unaudited)															(Unaudited)
Processing and services revenue	$	893,844		$	—		$	—		$	893,844		$	—		$	893,844
Cost of revenues		661,995			(1,311	)		—			660,684			(35,382	)		625,302
Gross profit		231,849			1,311			—			233,160			35,382			268,542
Selling, general and administrative		79,944			(925	)		(898	)		78,121			—			78,121
Research and development costs		26,155			—			—			26,155			—			26,155
Operating income		125,750			2,236			898			128,884			35,382			164,266
Other income (expense):
Interest income		978			—			—			978			—			978
Interest expense		(48,397	)		—			12,371			(36,026	)		—			(36,026	)
Other income, net		(1,884	)		—			—			(1,884	)		—			(1,884	)
Total other income (expense)		(49,303	)		—			12,371			(36,932	)		—			(36,932	)
Earnings before income taxes, equity in (losses) earnings of unconsolidated entities, minority interest, and discontinued operations		76,447			2,236			13,269			91,952			35,382			127,334
Provision (benefit) for income taxes		28,071			716			4,246			33,033			11,322			44,355
Earnings before equity in (losses) earnings of unconsolidated entities, minority interest, and discontinued operations		48,376			1,520			9,023			58,919			24,060			82,979
Equity in earnings (losses) of unconsolidated entities		—			—			—			—			—			—
Minority interest		(2,751	)		—			—			(2,751	)		—			(2,751	)
Net earnings from continuing operations	$	45,625		$	1,520		$	9,023		$	56,168		$	24,060		$	80,228
Net earnings per share — diluted from continuing operations*	$	0.24		$	0.01		$	0.05		$	0.29		$	0.13		$	0.42
Weighted average shares outstanding — diluted		191,822			191,822			191,822			191,822			191,822			191,822
Supplemental Information:
Depreciation and amortization from continuing operations										$	99,980		$	(35,382	)	$	64,598
Stock compensation expense from continuing operations, excluding acceleration charges																$	8,427
Stock acceleration charges																	—
Total stock compensation expense from continuing operations																$	8,427

* Amounts may not sum due to rounding.

See accompanying notes.

8

Exhibit F

FIDELITY NATIONAL INFORMATION SERVICES, INC.
GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(in thousands, except per share data)

				M&A
	GAAP			Restructuring			Corporate												Non-GAAP
	Nine Months			And			Costs			LPS						Purchase			Nine Months
	Ended			Integration			Non-Disc			Spin						Price			Ended
	September 30, 2008			Costs (1)			Ops (2)			Costs (3)			Subtotal			Amortization (4)			September 30, 2008
	(Unaudited)																		(Unaudited)
Processing and services revenue	$	2,610,720		$	—		$	—		$	—		$	2,610,720		$	—		$	2,610,720
Cost of revenues		1,984,295			(25,261	)		—			—			1,959,034			(107,341	)		1,851,693
Gross profit		626,425			25,261			—			—			651,686			107,341			759,027
Selling, general and administrative		308,846			(21,016	)		(18,118	)		(9,338	)		260,374			—			260,374
Research and development costs		73,308			—			—			—			73,308			—			73,308
Operating income		244,271			46,277			18,118			9,338			318,004			107,341			425,345
Other income (expense):
Interest income		5,373			—			—			—			5,373			—			5,373
Interest expense		(132,415	)		2,722			—			12,371			(117,322	)		—			(117,322	)
Other income, net		(101	)		—			—			—			(101	)		—			(101	)
Total other income (expense)		(127,143	)		2,722			—			12,371			(112,050	)		—			(112,050	)
Earnings before income taxes, equity in (losses) earnings of unconsolidated entities, minority interest, and discontinued operations		117,128			48,999			18,118			21,709			205,954			107,341			313,295
Provision (benefit) for income taxes		37,481			17,450			5,538			7,268			67,737			36,600			104,337
Earnings before equity in (losses) earnings of unconsolidated entities, minority interest, and discontinued operations		79,647			31,549			12,580			14,441			138,217			70,741			208,958
Equity in earnings (losses) of unconsolidated entities		(157	)		—			—			—			(157	)		—			(157	)
Minority interest income (expense)		(2,867	)		—			—			—			(2,867	)		—			(2,867	)
Net earnings from continuing operations	$	76,623		$	31,549		$	12,580		$	14,441		$	135,193		$	70,741		$	205,934
Net earnings per share — diluted from continuing operations *	$	0.39		$	0.16		$	0.06		$	0.07		$	0.70		$	0.36		$	1.06
Weighted average shares outstanding — diluted		194,261			194,261			194,261			194,261			194,261			194,261			194,261
Supplemental Information:
Depreciation and amortization from continuing operations													$	298,424		$	(107,341	)	$	191,083
Stock compensation expense from continuing operations, excluding acceleration charges																			$	24,795
Stock acceleration charges																				16,662
Total stock compensation expense from continuing operations																			$	41,457

* Amounts may not sum due to rounding.

See accompanying notes.

9

Exhibit F

FIDELITY NATIONAL INFORMATION SERVICES, INC.
GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(in thousands, except per share data)

				M&A
	GAAP			Restructuring			Corporate			Gain											Non-GAAP
	Three Months			And			Costs			On Sale			Interest					Purchase			Three Months
	Ended			Integration			Non-Disc			Covansys			Expense					Price			Ended
	September 30, 2007			Costs (1)			Ops (2)			Stock (5)			Allocation (6)		Subtotal			Amortization (4)			September 30, 2007
	(Unaudited)																				(Unaudited)
Processing and services revenue	$	712,812		$	—		$	—		$	—		$	—	$	712,812		$	—		$	712,812
Cost of revenues		562,998			(15,133	)		—			—			—		547,865			(29,574	)		518,291
Gross profit		149,814			15,133			—			—			—		164,947			29,574			194,521
Selling, general and administrative		72,387			(4,322	)		(5,697	)		—			—		62,368			—			62,368
Research and development costs		17,579			—			—			—			—		17,579			—			17,579
Operating income		59,848			19,455			5,697			—			—		85,000			29,574			114,574
Other income (expense):
Interest income		719			—			—			—			—		719			—			719
Interest expense		(37,856	)		—			—			—			16,122		(21,734	)		—			(21,734	)
Gain on sale of Covansys stock		182,444			—			—			(182,444	)		—		—			—			—
Other income, net		3,327			(2,781	)		—			—			—		546			—			546
Total other income (expense)		148,634			(2,781	)		—			(182,444	)		16,122		(20,469	)		—			(20,469	)
Earnings before income taxes, equity in (losses) earnings of unconsolidated entities, minority interest, and discontinued operations		208,482			16,674			5,697			(182,444	)		16,122		64,531			29,574			94,105
Provision (benefit) for income taxes		75,238			6,169			2,153			(67,505	)		6,236		22,291			10,536			32,827
Earnings before equity in (losses) earnings of unconsolidated entities, minority interest, and discontinued operations		133,244			10,505			3,544			(114,939	)		9,886		42,240			19,038			61,278
Equity in earnings (losses) of unconsolidated entities		86			—			—			—			—		86			—			86
Minority interest income (expense)		41			—			—			—			—		41			—			41
Net earnings from continuing operations	$	133,371		$	10,505		$	3,544		$	(114,939	)	$	9,886	$	42,367		$	19,038		$	61,405
Net earnings per share — diluted from continuing operations*	$	0.68		$	0.05		$	0.02		$	(0.58	)	$	0.05	$	0.22		$	0.10		$	0.31
Weighted average shares outstanding — diluted		196,649			196,649			196,649			196,649			196,649		196,649			196,649			196,649
Supplemental Information:
Depreciation and amortization from continuing operations															$	93,973		$	(29,574	)	$	64,399
Stock compensation expense from continuing operations, excluding acceleration charges																					$	5,657
Stock acceleration charges																						603
Total stock compensation expense from continuing operations																					$	6,260

* Amounts may not sum due to rounding.

See accompanying notes.

10

Exhibit F

FIDELITY NATIONAL INFORMATION SERVICES, INC.
GAAP TO NON-GAAP RECONCILIATION — UNAUDITED
(in thousands, except per share data)

				M&A
	GAAP			Restructuring			Corporate			Gain													Non-GAAP
	Nine Months			And			Costs			On Sale			Interest		Debt					Purchase			Nine Months
	Ended			Integration			Non-Disc			Covansys			Expense		Restructure					Price			Ended
	September 30, 2007			Costs (1)			Ops (2)			Stock (5)			Allocation (6)		Charge (7)		Subtotal			Amortization (4)			September 30, 2007
	(Unaudited)																						(Unaudited)
Processing and services revenue	$	2,085,694		$	—		$	—		$	—		$	—	$	—	$	2,085,694		$	—		$	2,085,694
Cost of revenues		1,624,463			(22,289	)		—			—			—		—		1,602,174			(85,868	)		1,516,306
Gross profit		461,231			22,289			—			—			—		—		483,520			85,868			569,388
Selling, general and administrative		216,612			(4,322	)		(18,613	)		—			—		—		193,677			—			193,677
Research and development costs		50,002			—			—			—			—		—		50,002			—			50,002
Operating income		194,617			26,611			18,613			—			—		—		239,841			85,868			325,709
Other income (expense):
Interest income		1,093			—			—			—			—		—		1,093			—			1,093
Interest expense		(152,863	)		—			—			—			55,800		27,164		(69,899	)		—			(69,899	)
Gain on sale of Covansys stock		274,488			—			—			(274,488	)		—		—		—			—			—
Other income, net		4,755			(2,781	)		—			—			—		—		1,974			—			1,974
Total other income (expense)		127,473			(2,781	)		—			(274,488	)		55,800		27,164		(66,832	)		—			(66,832	)
Earnings before income taxes, equity in (losses) earnings of unconsolidated entities, minority interest, and discontinued operations		322,090			23,830			18,613			(274,488	)		55,800		27,164		173,009			85,868			258,877
Provision (benefit) for income taxes		113,802			8,824			7,036			(101,561	)		21,584		10,105		59,790			30,367			90,157
Earnings before equity in (losses) earnings of unconsolidated entities, minority interest, and discontinued operations		208,288			15,006			11,577			(172,927	)		34,216		17,059		113,219			55,501			168,720
Equity in earnings (losses) of unconsolidated entities		2,824			—			—			—			—		—		2,824			—			2,824
Minority interest income (expense)		369			—			—			—			—		—		369			—			369
Net earnings from continuing operations	$	211,481		$	15,006		$	11,577		$	(172,927	)	$	34,216	$	17,059	$	116,412		$	55,501		$	171,913
Net earnings per share — diluted from continuing operations*	$	1.08		$	0.08		$	0.06		$	(0.88	)	$	0.17	$	0.09	$	0.59		$	0.28		$	0.87
Weighted average shares outstanding — diluted		196,480			196,480			196,480			196,480			196,480		196,480		196,480			196,480			196,480
Supplemental Information:
Depreciation and amortization from continuing operations																	$	261,818		$	(85,868	)	$	175,950
Stock compensation expense from continuing operations, excluding acceleration charges																							$	15,683
Stock acceleration charges																								603
Total stock compensation expense from continuing operations																							$	16,286

* Amounts may not sum due to rounding.

See accompanying notes.

11

Notes to Unaudited — Supplemental GAAP to Non-GAAP Reconciliation for the Three and Nine-Month Periods ended September 30, 2008

The adjustments are as follows:

(1)	This column represents charges for restructuring and integration costs relating to merger and acquisition activities.
(2)	This column represents corporate costs attributable to LPS as previously reported in our investor package furnished on form 8-K on May 28, 2008. These amounts are not allocable to discontinued operations under U.S. Generally Accepted Accounting Principles.
(3)	This column represents incremental transaction costs incurred by the Company directly related to the LPS spin-off.
(4)	This column represents purchase price amortization expense on intangibles assets acquired through various Company acquisitions.
(5)	This column represents a gain on sale of investment in Covansys to a third party recorded in the second and third quarters of 2007.
(6)	This column represents the allocation of interest expense for the periods presented, as if the debt retired in conjunction with the LPS spin-off had occurred on January 1, 2007, as previously reported in our investor package furnished on form 8-K on May 28, 2008
(7)	This column represents debt restructuring charges recorded in the first quarter of 2007, to write-off capitalized unamortized debt issuance costs.

12