Exhibit 99.2

TSYS Announces Earnings for 2004
Page 4 of 9

TSYS
Financial Highlights
(In thousands, except per share data)

	Three months ended December 31,									Twelve months ended December 31,
	2004			2003*			Percentage Change			2004			2003*			Percentage Change
Revenues
Electronic payment processing services	$	204,684			183,237			11	.7%	$	785,713			707,816			11	.0%
Other services		45,225			38,750			16	.7		170,906			120,485			41	.8
Revenues before reimbursables		249,909			221,987			12	.6		956,619			828,301			15	.5
Reimbursable items		57,248			56,313			1	.7		230,389			225,165			2	.3
Total revenues		307,157			287,300			10	.4		1,187,008			1,053,466			12	.7
Expenses
Employment expenses		91,885			85,384			7	.6		361,532			326,568			10	.7
Net occupancy & equipment expenses*		55,722			52,785			5	.6		239,179			205,820			16	.2
Other operating expenses		43,497			30,061			44	.7		153,694			105,334			45	.9
Expenses before reimbursables		191,104			168,230			13	.6		754,405			637,722			18	.3
Reimbursable items		57,248			56,313			1	.7		230,389			225,165			2	.3
Total operating expenses		248,352			224,543			10	.6		984.794			862,887			14	.1
Operating Income		58,805			53,757			9	.4		202,214			190,579			6	.1
Other Income:
Interest income		1,147			522			120	.1		2,856			2,887			(1	.0)
Interest expense		(64	)		(73	)		(12	.4)		(941	)		(139	)		577	.8
Gain on foreign currency translation, net		117			126			(7	.2)		162			1,042			(84	.5)
Other Income		1,200			575			109	.0		2,077			3,790			(45	.2)
Income before Income Taxes, Minority Interest
and Equity in Income of Joint Ventures		60,005			54,330			10	.4		204,291			194,369			5	.1
Income Taxes		21,574			19,737			9	.3		77,210			70,868			8	.9
Minority Interest		(19	)		(77	)		75	.1		(259	)		(338	)		23	.5
Equity in Income of Joint Ventures		4,558			4,901			(7	.0)		23,736			17,810			33	.3
Net Income	$	42,970			39,417			9	.0%	$	150,558			140,973			6	.8%
Basic Earnings Per Share	$	0.22			0.20			9	.0%	$	0.76			0.72			6	.8%
Diluted Earnings Per Share	$	0.22			0.20			9	.2%	$	0.76			0.71			6	.9%
Dividends Declared Per Share	$	0.0400			0.0200					$	0.1400			0.0775
Average Common Shares Outstanding		196,848,529			196,821,929						196,846,897			196,829,802
Average Common and Common
Equivalent Shares Outstanding		197,278,427			197,623,458						197,235,871			197,437,744
Effective Tax Rate		33.7	%		33.6	%					34.2	%		33.6	%
EFFECTIVE INCOME TAX RATE CALCULATION
Income taxes (A)	$	21,574			19,737					$	77,210			70,868
Income before Income Taxes, Minority Interest
and Equity in Income of Joint Ventures	$	60,005			54,330					$	204,291			194,369
Adjustments: Equity in Income of Vital		4,063			4,554						21,999			16,666
Minority Interest		(19	)		(77	)					(259	)		(338	)
Adjusted Income before income taxes (B)	$	64,049			58,807					$	226,031			210,697
Effective Tax Rate (A/B)		33.7	%		33.6	%					34.2	%		33.6	%

Note: nm = not meaningful

*Note: Certain amounts in 2003 have been reclassified to conform with the presentation adopted in 2004.

— more —

TSYS Announces Earnings for 2004
Page 5 of 9

TSYS
Segment Breakdown
(In thousands)

	Three months ended December 31, 2004						Three months ended December 31, 2003
	Domestic-based Services		International-based Services		Consolidated		Domestic-based Services		International-based Services	Consolidated
Total revenue	$ 275,736		31,424		307,160		256,092		22,277	278,369
Intersegment revenue	(3	)	--		(3	)	(69	)	--	(69	)
Revenues from external
customers	$ 275,733		31,424		307,157		256,023		22,277	278,300
Depreciation and amortization	$   25,479		3,591		29,070		24,650		2,708	27,358
Segment operating income	$   70,668		(11,863	)	58,805		50,454		3,303	53,757
Income tax expense	$ 26,026		(4,452)		21,574		18,443		1,294	19,737
Equity in income of joint
ventures	$     4,063		495		4,558		4,554		347	4,901
Net Income	$   51,465		(8,495	)	42,970		37,203		2,214	39,417
Average accounts on file	327,785		16,438		344,223		258,063		13,643	271,706

	Twelve  months ended December 31, 2004					Twelve months ended December 31, 2003
	Domestic-based Services		International-based Services	Consolidated		Domestic-based Services		International-based Services	Consolidated
Total revenue	$ 1,071,966		115,052	1,187,018		973,252		80,288	1,053,540
Intersegment revenue	(10	)	--	(10	)	(74	)	--	(74	)
Revenues from external
customers	$ 1,071,956		115,052	1,187,008		973,178		80,288	1,053,466
Depreciation and amortization	$   95,430		13,158	108,588		87,555		10,860	98,415
Segment operating income	$   196,067		6,147	202,214		179,580		10,999	190,579
Income tax expense	$   74,063		3,147	77,210		66,790		4,078	70,868
Equity in income of joint
ventures	$   21,999		1,737	23,736		16,666		1,144	17,810
Net Income	$   146,436		4,122	150,558		133,860		7,113	140,973
Average accounts on file	287,908		15,194	303,102		249,489		13,129	262,618

Note: Revenues for domestic-based services include electronic payment processing services and other services provided from the United States to clients domiciled in the United States or other countries. Revenues from international-based services include electronic payment processing services and other services provided from outside the United States to clients based mainly outside the United States.

— more —

TSYS Announces Earnings for 2004
Page 6 of 9

TSYS
Balance Sheet
(In thousands)

	December 31
	2004		2003
Assets
Current assets:
Cash and cash equivalents	$    230,451		122,874
Restricted cash	21,668		7,679
Accounts receivable, net	146,182		120,646
Deferred income tax assets	14,112		401
Prepaid expenses and other current assets	39,347		22,763
Total current assets	451,760		274,363
Property and equipment, net	263,584		232,076
Computer software, net	242,617		258,090
Contract acquisition costs, net	132,428		125,472
Equity investments, net	54,400		66,708
Goodwill, net	70,561		29,626
Other assets	40,559		14,901
Total assets	$ 1,255,909		1,001,236
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$      49,158		17,549
Accrued salaries and employee benefits	46,726		32,562
Current portion of obligations under capital leases and
software obligations	1,828		15,231
Billings in excess of costs on uncompleted contracts	--		17,573
Other current liabilities	143,187		64,056
Total current liabilities	240,899		146,971
Obligations under capital leases and software obligations,
excluding current portion	4,508		29,748
Deferred income tax liabilities	142,077		88,544
Total liabilities	387,484		265,263
Minority interest in consolidated subsidiary	3,814		3,439
Shareholders' Equity:
Common stock	19,759		19,750
Additional paid-in capital	44,731		41,574
Accumulated other comprehensive income	15,373		8,314
Treasury stock	(13,573	)	(12,426	)
Retained earnings	798,321		675,322
Total shareholders' equity	864,611		732,534
Total liabilities and shareholders' equity	$ 1,255,909		1,001,236

— more —

TSYS Announces Earnings for 2004
Page 7 of 9

TSYS
Cash Flow
(In thousands)

	Years ended December 31,
	2004		2003
Cash flows from operating activities:
Net income	$   150,558		140,973
Adjustments to reconcile net income to net cash provided by
operating activities:
Minority interest in consolidated subsidiary's net income	259		338
Equity in income of joint ventures	(23,736	)	(17,810	)
Gain on currency translation adjustments, net	(162)		(1,042	)
Depreciation and amortization	108,588		98,415
Noncash charge related to impairment of developed software	10,059		--
(Recoveries of)Provisions for bad debt expenses and billing adjustments	(1,086	)	2,690
Charges for transaction processing	9,877		3,450
Deferred income tax expense	35,334		27,067
Loss (gain) on disposal of equipment, net	387		(25	)
(Increase)decrease in:
Accounts receivable	(20,745	)	3,624
Prepaid expenses and other assets	(31,883	)	3,827
Increase(decrease) in:
Accounts payable	31,950		3,028
Accrued salaries and employee benefits	14,134		(10,819	)
Billings in excess of costs and profits on uncompleted contracts	(17,573	)	17,573
Other current liabilities	47,186		(4,934	)
Net cash provided by operating activities	313,147		266,355
Cash flows from investing activities:
Purchase of property and equipment, net	(53,898	)	(125,301	)
Additions to licensed computer software from vendors	(40,697	)	(47,246	)
Additions to internally developed computer software	(4,291	)	(17,689	)
Cash acquired in acquisitions	2,422		4,442
Cash used in acquisitions	(53,514	)	(36,000	)
Dividends received from joint ventures	35,876		5,278
Contract acquisition costs	(29,150	)	(18,129	)
Net cash used in investing activities	(143,252	)	(234,645	)
Cash flows from financing activities:
Purchase of common stock	(1,188	)	(9,824	)
Proceeds from long-term debt borrowings	--		20,234
Principal payments on capital lease and software obligations	(42,656	)	(20,440	)
Dividends paid on common stock	(23,621	)	(14,765	)
Proceeds from exercise of stock options	1,193		3,929
Net cash used in financing activities	(66,272	)	(20,866	)
Effect of foreign currency translation on cash and cash equivalents	3,954		2,859
Net increase in cash and cash equivalents	107,577		13,703
Cash and cash equivalents at beginning of year	122,874		109,171
Cash and cash equivalents at end of period	$ 230,451		122,874

— more —

TSYS Announces Earnings for 2004
Page 8 of 9

       Geographic Area Data:

The following geographic area data represents revenues for the three months and twelve months ended December 31 based on where the client is domiciled:

	Three Months Ended December 31,
	2004	%		2003	%		% Chg
(dollars in millions):
United States	$    251.4	81.9	%	230.6	82.9	%	9	.0%
Canada*	20.9	6.8		20.8	7.5		0	.6
Europe	27.9	9.0		19.3	6.9		44	.2
Japan	3.7	1.2		3.3	1.2		10	.5
Mexico	2.1	0.7		3.6	1.3		(42	.3)
Other	1.2	0.4		0.7	0.2		82	.9
	$    307.2	100.0	%	278.3	100.0	%	10	.4%

	Twelve Months Ended December 31,
	2004	%		2003	%		% Chg
(dollars in millions):
United States	$    973.3	82.0	%	863.0	81.9	%	12	.8%
Canada*	83.2	7.0		75.9	7.2		9	.6
Europe	101.6	8.6		68.6	6.5		48	.1
Japan	14.0	1.2		12.1	1.2		16	.0
Mexico	11.2	0.9		31.4	3.0		(64	.2)
Other	3.7	0.3		2.5	0.2		51	.1
	$    1,187.0	100.0	%	1,053.5	100.0	%	12	.7%

       Geographic Area Revenue by Operating Segment:

The following tables reconcile segment revenues to revenues by reporting segment for the three months and twelve months ended December 31:

	Three Months Ended December 31,
	Domestic-based Services		International-based Services
(dollars in millions):	2004	2003	2004	2003
United States	$    251.4	230.6	--	--
Canada*	20.9	20.8	--	--
Europe	0.1	0.2	27.8	19	.1
Japan	--	0.1	3.7	3	.2
Mexico	2.1	3.6	--	--
Other	1.2	0.7	--	--
	$    275.7	256.0	31.5	22	.3

	Twelve Months Ended Decedmber 31,
	Domestic-based services				International-based services
(dollars in millions):	2004		2003		2004		2003
United States	$	973.3		863.0		--		--
Canada*		83.2		75.9		--		--
Europe		0.5		0.3		101.1		68	.3
Japan		--		0.1		14.0		12	.0
Mexico		11.2		31.4		--		--
Other		3.7		2.5		--		--
	$	1,071.9		973.2		115.1		80	.3

* These revenues include those generated from the Caribbean accounts owned by a Canadian institution.

— more —

TSYS Announces Earnings for 2004
Page 9 of 9

   Supplemental Information:

	Accounts on File at:
	Dec 31, 2004		%		Dec 31, 2003		%
Accounts on File (in millions):
Consumer	203	.3	56.9	%	143	.5	52.4	%
Retail	93	.6	26.2		85	.5	31.2
Commercial	25	.6	7.2		21	.5	7.9
Government services/EBT	16	.3	4.6		13	.8	5.0
Debit	6	.9	1.8		6	.1	2.2
Stored Value	11	.9	3.3		3	.5	1.3
	357	.6	100.0	%	273	.9	100.0	%

	Dec 31, 2004	Dec 31, 2003
QTD Average Accounts on File (in millions)	344.2	271.7	26.7 %
YTD Average Accounts on File (in millions)	303.1	262.6	15.4 %

	Accounts on File at:
	Dec 31, 2004		%		Dec 31, 2003		%
Accounts on File (in millions):
Domestic	308	.2	86.2	%	229	.8	83.9%
International	49	.4	13.8		44	.1	16.1
	357	.6	100.0	%	273	.9	100.0%

Note: The accounts on file between domestic and international is based on the geographic domicile of processing clients.

Growth in Accounts (in millions):	Dec 2003 to Dec 2004			Dec 2002 to Dec 2003
Beginning balance		273	.9		245	.9
Change in accounts on file due to:
Internal growth of existing clients		36	.9		25	.1
New clients		49	.1		19	.9
Purges/Sales		(1	.1)		(13	.2)
Deconversions		(1	.2)		(3	.8)
Ending balance		357	.6		273	.9

Number of Employees (FTEs):	2004	2003
Period ended Dec 31,	5,694	5,640
Quarterly average for period ended Dec 31,	5,662	5,644
YTD average for period ended Dec 31,	5,594	5,494

-### -