EXHIBIT 99.1

Private Securities Litigation Reform Act of 1995
Safe Harbor Compliance Statement for Forward-Looking Statements
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    In passing the Private Securities Litigation Reform Act of 1995 (the
"Reform Act"), Congress encouraged public companies to make "forward-looking
statements"* by creating a safe-harbor to protect companies from securities law
liability in connection with forward-looking statements. First Data Corporation
("FDC") intends to qualify both its written and oral forward-looking statements
for protection under the Reform Act. To qualify oral forward-looking statements
for protection under the Reform Act, a readily available written document must
identify important factors that could cause actual results to differ materially
from those in the forward-looking statements. FDC provides the following
information in connection with its continuing effort to qualify forward-looking
statements for the safe harbor protection of the Reform Act.

    Important factors upon which the Company's forward-looking statements are
premised include the following:

 .   Continued growth at rates approximating recent levels for card-based payment
    transactions, consumer money transfer transactions and other product
    markets.

 .   Successful implementation of the Company's Year 2000 remediation plans
    substantially as scheduled and budgeted as previously disclosed in the
    Company's last Annual Report on Form 10-K and as updated in this Quarterly
    Report on Form 10-Q.

 .   Successful conversions under service contracts with major clients.

 .   Timely, successful and cost effective implementation of processing systems
    to provide new products, improved functionality and increased efficiencies.

 .   Maintenance of appropriate business continuity plans for the Company's
    processing systems based on the needs and risks relative to each such
    system.

 .   Successful launch of new payment product initiatives including those related
    to electronic bill presentment and payment, card-based money transfer
    products and retail foreign exchange services.

 .   Absence of consolidation among client financial institutions or other client
    groups which has a significant impact on FDC client relationships and no
    material loss of business resulting from significant customers of the
    Company involved in announced mergers.

 .   Achieving planned revenue growth throughout the Company, including in the
    merchant alliance program which involves several joint ventures not under
    the sole control of the Company and each of which acts independently of the
    others, and successful management of pricing pressures through cost
    efficiencies and other cost management initiatives.

 .   Anticipation of and response to technological changes, particularly with
    respect to e-commerce.

 .   No imposition of a Value Added Tax on third-party credit card processing
    services by the European Community ("EC"), which could put credit card
    processing outsourcers at a competitive disadvantage to in-house solutions
    in the EC.

 .   No unanticipated changes in laws, regulations, credit card association rules
    or other industry standards affecting FDC's businesses which require
    significant product redevelopment efforts, reduce the market for or value of
    its products, or render products obsolete.

 .   Continuation of the existing interest rate environment, avoiding increases
    in agent fees related to the Company's consumer money transfer products and
    the Company's short-term borrowing costs.

 .   Absence of significant changes in foreign exchange spreads on retail money
    transfer transactions, particularly between the United States and Mexico,
    without a corresponding increase in volume or consumer fees.

 .   No unanticipated developments relating to previously disclosed lawsuits
    against Western Union, inter alia, violation of consumer protection laws in
    connection with advertising the cost of money transfer to Mexico.




 .   Successfully managing the potential both for patent protection and patent
    liability in the context of rapidly developing legal framework for expansive
    software patent protection.

Forward-looking statements express expectations of future events. All forward-
looking statements are inherently uncertain as they are based on various
expectations and assumptions concerning future events and they are subject to
numerous known and unknown risks and uncertainties which could cause actual
events or results to differ materially from those projected. Due to these
inherent uncertainties, the investment community is urged not to place undue
reliance on forward-looking statements. In addition, FDC undertakes no
obligation to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events, or changes to projections
over time.

* "Forward-looking statements" can be identified by use of words such as
"expect", "estimate", "project", "forecast", "anticipate", "plan" and similar
expressions.