EX-99.1

Exhibit 99.1


		PRESS RELEASE



Total System Services, Inc. One TSYS Way Post Office Box 2567 Columbus GA 31902-2567		+1.706.649.2307 +1.706.649.5740 www.tsys.com

For immediate release:

Contacts:

Shawn Roberts
TSYS Investor Relations
+1.706.644.6081
shawnroberts@tsys.com

TSYS Reports Second Quarter Results

Columbus, Ga., July 28, 2009 — TSYS (NYSE: TSS) today reported second quarter total revenues of $412.0 million, a 1% increase over the first quarter of 2009. These revenues included an unfavorable impact of $17.8 million from foreign currency exchange rates during the quarter when compared to the same period a year ago. On a non-GAAP basis, total revenues on a constant currency basis would have been $429.8 million.

Basic earnings per share (EPS) and EPS from continuing operations for the second quarter of 2009 were $0.27. Despite the headwinds of foreign currency exchange rates and upfront costs related to international expansion, TSYS’ second quarter operating margins increased sequentially by 100 basis points and net income increased 5.2%.

Quarterly Highlights


	Q2 2009	vs. Q2 2008	vs. Q1 2009

Total Revenues	$412.0 million	Down $17.6 million	Up $3.1 million
Revenues before Reimbursables	$350.7 million	Down $12.3 million	Up $5.3 million
Operating Income	$82.8 million	Down $14.1 million	Up $4.7 million
Net Income	$53.4 million	Down $9.6 million	Up $6.9 million
Basic Earnings Per Share	27 cents	Down 5 cents	Up 3 cents

“While the economic environment continues to be challenging, we saw improvements in our financial results as evidenced by the improvement in our sequential total revenues, operating income and net income. In addition, our International Services segment’s operating margin increased to 12.6% from 8.5% on a sequential quarter basis. We continue to be committed to growing our revenues by signing and converting new clients and managing our costs,” said Philip W. Tomlinson, chairman of the board and chief executive officer of TSYS.

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		PRESS RELEASE

“With the conversion of Deutsche Bank in Germany now complete, we continue to expand our global presence and will add more business when the conversion of Carrefour in Brazil is completed in early 2010. These wins in the international marketplace are a key component of our growth strategy, and we expect to continue adding new clients,” said Tomlinson.

“Our pursuit of acquisition opportunities continues. Our cash increased $133.1 million since year-end, and our operations continue to generate significant amounts of cash. We plan on deploying this cash and our debt capacity as we actively pursue acquisitions that fit our corporate strategy,” said Tomlinson.

TSYS is negotiating with a potential buyer for the sale of TSYS Debt Management (TDM), a subsidiary of TSYS, which is involved in the legal collections management and bankruptcy processing business. During the second quarter, TDM recognized a one-time gain related to a partial recovery of a previously resolved client issue, which resulted in a net gain of $771,000 in discontinued operations.

TSYS reaffirms its previously released guidance for 2009 of declines in revenues of 5% to 3% and net income of 13% to 11%.

Non-GAAP Measures

TSYS has included a schedule with this release that provides revenues and operating results on a constant currency basis. This non-GAAP measure presents second quarter and year-to-date 2009 financial results using the previous year’s foreign currency exchange rates. On a constant currency basis, TSYS’ International Services segment’s total revenues grew 18% as compared to a reported GAAP decline of 4%, and operating income grew 4% versus a GAAP reported decline of 22%.

This release contains non-GAAP financial measures to describe TSYS’ performance. The reconciliation of those measures to the most directly comparable GAAP measures is included in the financial tables of this release.

The non-GAAP financial measures of constant currency presented by TSYS are utilized by management to better understand and assess TSYS’ operating results and financial performance. TSYS also uses the non-GAAP financial measures to evaluate and assess TSYS’ financial performance against budget, as well as to evaluate financial performance for executive and management compensation purposes.

TSYS believes that non-GAAP financial measures are important to enable investors to understand and evaluate its ongoing operating results. Accordingly, TSYS includes non-GAAP financial measures when reporting its financial results to shareholders and investors in order to provide them with an additional tool to evaluate TSYS’ ongoing business operations. TSYS believes that the non-GAAP financial measures are representative of comparative financial performance that reflects the economic substance of TSYS’ current and ongoing business operations.

Although non-GAAP financial measures are often used to measure TSYS’ operating results and assess its financial performance, they are not necessarily comparable to similarly titled captions of other companies due to potential inconsistencies in the method of calculation.

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		PRESS RELEASE

TSYS provides reconciliations for each of its non-GAAP financial measures with its most directly comparable GAAP financial measure, whenever it is used. This enables shareholders and potential investors to easily assess the impact of any differences between the measure TSYS is presenting and similarly titled captions of other companies.

TSYS believes that its use of non-GAAP financial measures provides investors with the same key financial performance indicators that are utilized by management to assess TSYS’ operating results, evaluate the business and make operational decisions on a prospective, going-forward basis. Hence, management provides disclosure of non-GAAP financial measures to give shareholders and potential investors an opportunity to see TSYS as viewed by management, to assess TSYS with some of the same tools that management utilizes internally and to be able to compare such information with prior periods. TSYS believes that the presentation of GAAP financial measures alone would not provide its shareholders and potential investors with the ability to appropriately analyze its ongoing operational results, and therefore expected future results. TSYS therefore believes that inclusion of non-GAAP financial measures provides investors with additional information to help them better understand its financial statements just as management utilizes these non-GAAP financial measures to better understand the business, manage budgets and allocate resources.

Conference Call

TSYS will host its quarterly conference call at 5:00 p.m. EDT on Tuesday, July 28. The conference call can be accessed via simultaneous Internet broadcast at tsys.com by clicking on the “Conference Call” icon on the homepage. The replay will be archived for 12 months and will be available approximately 30 minutes after the completion of the call. A slide presentation to accompany the call will be available by clicking on the “Conference Call” icon on the homepage of tsys.com.

About TSYS

TSYS (NYSE: TSS) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, debt management, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contact news@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its website.

This press release contains statements that constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 as amended by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding TSYS’ expectation it will continue to add new international clients, TSYS’ earnings forecast for 2009, and the assumptions underlying such statements. These statements are based on the current beliefs and expectations of TSYS’ management and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by the forward-looking statements. A number of important factors could cause actual results to differ materially from those contemplated by our forward-looking statements in this press release. Many of these factors are beyond TSYS’ ability to control or predict. These factors include, but are not limited to: (1) movements in LIBOR are greater than expected and draws on the remaining balance of the credit facility are greater than expected; (2) TSYS incurs expenses associated with

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		PRESS RELEASE

the signing of a significant client; (3) adverse developments with respect to foreign currency exchange rates; (4) adverse developments with respect to entering into contracts with new clients and retaining current clients; (5) continued consolidation and turmoil in the financial services industry throughout 2009, including the merger of TSYS clients with entities that are not TSYS processing clients, the sale of portfolios by TSYS clients to entities that are not TSYS processing clients and the seizure by banking regulators of TSYS clients; (6) additional significant one-time spin costs are incurred; (7) TSYS is unable to control expenses and increase market share; (8) TSYS is unable to manage the impact of slowing economic conditions and consumer spending; (9) the material breach of security of any of TSYS’ systems; (10) the impact of acquisitions, including their being more difficult to integrate than anticipated; (11) changes occur in laws, rules, regulations, credit card association rules or other industry standards affecting TSYS’ business which require significant product development efforts or reduce the market demand for or value of its products; (12) adverse developments with respect to the credit card industry in general, including a decline in the use of credit cards as a payment mechanism; and (13) growth rates of TSYS’ existing clients are lower than anticipated whether as a result of unemployment rates, card delinquencies and charge-off rates or otherwise. Additional factors that could cause actual results to differ materially from those contemplated in this release can be found in TSYS’ filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise.

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Page 4 of 13

TSYS Reports Second Quarter Results
Page 5 of 13

TSYS
Financial Highlights
(unaudited)
(in thousands, except per share data)


	Three Months Ended									Six Months Ended
	June 30,									June 30,
							Percent									Percent
	2009			2008			Change			2009			2008			Change
Revenues
Electronic payment processing services	$	235,936			247,455			(4.7	)%	$	468,056			493,124			(5.1	)%
Merchant acquiring services		69,694			65,607			6.2			135,171			127,321			6.2
Other services		45,091			49,993			(9.8	)		92,941			95,740			(2.9	)

Revenues before reimbursable items		350,721			363,055			(3.4	)		696,168			716,185			(2.8	)
Reimbursable items		61,272			66,575			(8.0	)		124,759			133,270			(6.4	)

Total revenues		411,993			429,630			(4.1	)		820,927			849,455			(3.4	)


Expenses
Salaries & other personnel expense		148,509			144,304			2.9			292,851			289,529			1.1
Net technology & facilities expense		72,935			74,225			(1.7	)		146,921			146,481			0.3
Spin related expenses		—			1,255			(100.0	)		—			8,150			(100.0	)
Other operating expenses		46,498			46,423			0.2			95,502			89,082			7.2

Expenses before reimbursable items		267,942			266,207			0.7			535,274			533,242			0.4
Reimbursable items		61,272			66,575			(8.0	)		124,759			133,270			(6.4	)

Total operating expenses		329,214			332,782			(1.1	)		660,033			666,512			(1.0	)


Operating income		82,779			96,848			(14.5	)		160,894			182,943			(12.1	)
Nonoperating (expense) income		(2,278	)		(429	)	nm				(3,737	)		852		nm

Income from continuing operations before income taxes, noncontrolling interests and equity in income of equity investments		80,501			96,419			(16.5	)		157,157			183,795			(14.5	)
Income taxes		29,229			33,981			(14.0	)		56,644			66,888			(15.3	)

Income from continuing operations before noncontrolling interests and equity in income of equity investments		51,272			62,438			(17.9	)		100,513			116,907			(14.0	)
Equity in income of equity investments		1,626			1,109			46.6			2,669			3,271			(18.4	)

Income from continuing operations, net of tax		52,898			63,547			(16.8	)		103,182			120,178			(14.1	)
(Loss) income from discontinued operations, net of tax		1,120			234		nm				(2,223	)		467		nm

Net income		54,018			63,781			(15.3	)		100,959			120,645			(16.3	)
Net income attributable to the noncontrolling interests		(571	)		(697	)		18.1			(986	)		(947	)		(4.1	)

Net income attributable to TSYS	$	53,447			63,084			(15.3)	%	$	99,973			119,698			(16.5)	%


Basic earnings per share:
Income from continuing operations to TSYS common shareholders*	$	0.27			0.32			(16.4)	%	$	0.52			0.60			(13.8)	%

(Loss) income from discontinued operations to TSYS common shareholders*		0.01			0.00		nm				(0.01	)		0.00		nm

Net income attributable to TSYS common shareholders*	$	0.27			0.32			(14.9)	%	$	0.51			0.60			(16.0)	%


Diluted earnings per share:
Income from continuing operations to TSYS common shareholders*	$	0.27			0.32			(16.2)	%	$	0.52			0.60			(13.7)	%

(Loss) income from discontinued operations to TSYS common shareholders*		0.01			0.00		nm				(0.01	)		0.00		nm

Net income attributable to TSYS common shareholders*	$	0.27			0.32			(14.8)	%	$	0.51			0.60			(15.9)	%


Dividends declared per share	$	0.07			0.07					$	0.14			0.14


Amounts attributable to TSYS common shareholders:
Income from continuing operations, net of tax	$	52,327			62,850					$	102,196			119,231
(Loss) income from discontinued operations, net of tax		1,120			234						(2,223	)		467

Net income	$	53,447			63,084					$	99,973			119,698


nm =		not meaningful

Note:		Certain amounts have been reclassified to conform with the presentation adopted in 2009.

*		Basic and diluted EPS amounts for continuing operations and net income do not total due to rounding.

		Basic and diluted EPS is computed based on the two-class method in accordance

		with FSP EITF 03-6-1. EPS for 2009 and 2008 have been recast to show retroactive

		adoption of FSP EITF 03-6-1.

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TSYS Reports Second Quarter Results
Page 6 of 13

TSYS
Earnings Per Share
(unaudited)
(in thousands, except per share data)


	Three Months Ended					Three Months Ended					Six Months Ended					Six Months Ended
	June 30, 2009					June 30, 2008					June 30, 2009					June 30, 2008
	Common			Participating		Common			Participating		Common			Participating		Common			Participating
	Stock			Securities		Stock			Securities		Stock			Securities		Stock			Securities
Basic Earnings per share:
Net income	$	53,447					63,084					99,973					119,698
Less income allocated to nonvested awards		(413	)		413		(566	)		566		(816	)		816		(1,003	)		1,003

Net income allocated to common stock for EPS calculation ( a )	$	53,034			413		62,518			566		99,157			816		118,695			1,003

Average common shares outstanding ( b )		195,634			1,530		196,281			1,781		195,466			1,614		196,513			1,665

Average common shares and participating securities		197,164					198,062					197,080					198,178

Basic Earnings per share ( a )/( b )	$	0.27			0.27		0.32			0.32		0.51			0.51		0.60			0.60

Diluted Earnings per share:
Net income	$	53,447					63,084					99,973					119,698
Less income allocated to nonvested awards		(413	)		413		(565	)		565		(815	)		815		(1,000	)		1,000

Net income allocated to common stock for EPS calculation ( c )	$	53,034			413		62,519			565		99,158			815		118,698			1,000

Average common shares outstanding		195,634			1,530		196,281			1,781		195,466			1,614		196,513			1,665
Increase due to assumed issuance of shares related to common equivalent shares outstanding		351					689					358					680

Average common and common equivalent shares outstanding ( d )		195,985			1,530		196,970			1,781		195,824			1,614		197,193			1,665

Average common and common equivalent shares and participating securities		197,515					198,751					197,438					198,858

Diluted Earnings per share ( c )/( d )	$	0.27			0.27		0.32			0.32		0.51			0.51		0.60			0.60

In June 2008, the Financial Accounting Standards Board (FASB) issued FASB Staff Position Emerging Issues Task Force No. 03-6-1 (FSP EITF 03-6-1), “Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities”, and it became effective for TSYS beginning January 1, 2009. Under this standard, unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our nonvested awards, are considered participating securities for purposes of calculating earnings per share (“EPS”). Under the two-class method required by EITF 03-6-1, a portion of net income is allocated to these participating securities and therefore is excluded from the calculation of EPS allocated to common stock, as shown in the table above. This FSP requires retrospective applications for periods prior to the effective date and as a result, all prior period earnings per share data presented herein have been adjusted to conform to these provisions.

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TSYS Reports Second Quarter Results
Page 7 of 13

TSYS
Segment Breakdown
(unaudited)
(in thousands)


	Three Months Ended June 30, 2009														Three Months Ended June 30, 2008
	North America			International			Merchant			Spin-Related					North America			International			Merchant			Spin-Related
	Services			Services			Services			Costs		Consolidated			Services			Services			Services			Costs			Consolidated

Revenues before reimbursable items	$	222,949			73,283			62,153			—		358,385			232,928			77,032			58,291			—			368,251
Intersegment revenues		(6,707	)		(591	)		(366	)		—		(7,664	)		(4,663	)		(286	)		(247	)		—			(5,196	)

Revenues before reimbursable items from external customers	$	216,242			72,692			61,787			—		350,721			228,265			76,746			58,044			—			363,055

Total revenues	$	264,984			76,432			80,338			—		421,754			282,686			79,902			74,567			—			437,155
Intersegment revenues		(8,804	)		(591	)		(366	)		—		(9,761	)		(6,992	)		(286	)		(247	)		—			(7,525	)

Revenues from external customers	$	256,180			75,841			79,972			—		411,993			275,694			79,616			74,320			—			429,630

Depreciation and amortization	$	21,192			8,776			8,149			—		38,117			24,358			8,797			6,682			—			39,837

Intersegment expenses	$	1,633			(3,584	)		(7,809	)		—		(9,760	)		2,639			(2,648	)		(7,514	)		—			(7,523	)

Segment operating income	$	58,177			9,219			15,383			—		82,779			68,276			11,741			18,086			(1,255	)		96,848

Income from continuing operations before income taxes, noncontrolling interest and equity income of equity investments		59,341			5,890			15,270			—		80,501			68,527			10,867			18,280			(1,255	)		96,419

Income tax expense	$	21,489			2,513			5,227			—		29,229			23,494			4,298			6,637			(448	)		33,981

Equity in income of equity investments	$	601			1,025			—			—		1,626			807			302			—			—			1,109

Income from continuing operations	$	38,453			4,402			10,043			—		52,898			45,840			6,871			11,643			(807	)		63,547

Identifiable assets		1,471,374			353,547			219,179			—		2,044,100			1,326,835			354,861			181,556			—			1,863,252
Intersegment eliminations		(408,939	)		(352	)		(30	)		—		(409,321	)		(314,768	)		(1,716	)		(84	)		—			(316,568	)

Total assets		1,062,435			353,195			219,149			—		1,634,779			1,012,067			353,145			181,472			—			1,546,684


	Six Months Ended June 30, 2009														Six Months Ended June 30, 2008
	North America			International			Merchant			Spin-Related					North America			International			Merchant			Spin-Related
	Services			Services			Services			Costs		Consolidated			Services			Services			Services			Costs			Consolidated

Revenues before reimbursable items	$	446,732			143,867			120,359			—		710,958			468,788			144,989			113,420			—			727,197
Intersegment revenues		(12,595	)		(1,436	)		(759	)		—		(14,790	)		(9,894	)		(689	)		(429	)		—			(11,012	)

Revenues before reimbursable items from external customers	$	434,137			142,431			119,600			—		696,168			458,894			144,300			112,991			—			716,185

Total revenues	$	533,773			150,235			155,836			—		839,844			569,697			149,726			145,504			—			864,927
Intersegment revenues		(16,722	)		(1,436	)		(759	)		—		(18,917	)		(14,354	)		(689	)		(429	)		—			(15,472	)

Revenues from external customers	$	517,051			148,799			155,077			—		820,927			555,343			149,037			145,075			—			849,455

Depreciation and amortization	$	44,701			16,483			16,235			—		77,419			49,090			16,492			13,236			—			78,818

Intersegment expenses	$	2,944			(6,647	)		(15,214	)		—		(18,917	)		5,413			(6,189	)		(14,694	)		—			(15,470	)

Segment operating income	$	116,211			15,223			29,460			—		160,894			138,747			19,186			33,160			(8,150	)		182,943

Income from continuing operations before income taxes, noncontrolling interest and equity income of equity investments		117,396			10,678			29,083			—		157,157			138,664			19,618			33,663			(8,150	)		183,795

Income tax expense	$	41,082			5,391			10,171			—		56,644			50,002			7,212			12,045			(2,371	)		66,888

Equity in income of equity investments	$	1,267			1,402			—			—		2,669			1,695			1,576			—			—			3,271

Income from continuing operations	$	77,581			6,689			18,912			—		103,182			90,357			13,982			21,618			(5,779	)		120,178


Note:		Revenues from North America 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 Services include electronic payment processing services and other services provided from outside the United States to clients based mainly outside the United States. Revenues from Merchant Services include TSYS Acquiring’s merchant acquiring and related services.

		Certain amounts have been reclassified to conform with the presentation adopted in 2009.

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TSYS Reports Second Quarter Results
Page 8 of 13

TSYS
Balance Sheet
(in thousands)


	June 30, 2009			Dec 31, 2008
	(unaudited)			(unaudited)

Assets
Current assets:
Cash and cash equivalents	$	344,443			211,365
Restricted cash		26,418			31,128
Accounts receivable, net		227,583			246,767
Deferred income tax assets		16,949			29,615
Prepaid expenses and other current assets		80,096			88,612
Current assets of discontinued operations		19,931			24,570

Total current assets		715,420			632,057
Property and equipment, net		280,336			279,653
Computer software, net		200,785			202,038
Contract acquisition costs, net		132,567			131,568
Goodwill		168,104			165,995
Equity investments, net		71,706			74,012
Other intangible assets, net		15,739			17,452
Other assets		43,417			40,768
Long-term assets of discontinued operations		6,705			7,245

Total assets	$	1,634,779			1,550,788


Liabilities
Current liabilities:
Current portion of notes payable	$	6,851			8,575
Accrued salaries and employee benefits		25,439			46,696
Accounts payable		29,627			32,440
Current portion of obligations under capital leases		5,814			6,344
Other current liabilities		152,052			131,515
Current liabilities of discontinued operations		13,222			10,998

Total current liabilities		233,005			236,568
Notes payable, excluding current portion		197,495			196,295
Deferred income tax liabilities		51,456			60,578
Obligations under capital leases, excluding current portion		14,293			13,576
Other long-term liabilities		43,654			40,709
Long-term liabilities of discontinued operations		416			2,212

Total liabilities		540,319			549,938

Equity
Shareholders’ equity:
Common stock		20,083			20,036
Additional paid-in capital		133,082			126,889
Accumulated other comprehensive income, net		8,062			(6,627	)
Treasury stock		(69,950	)		(69,641	)
Retained earnings		992,638			920,292

Total shareholders’ equity		1,083,915			990,949

Noncontrolling interests in consolidated subsidiaries		10,545			9,901

Total equity		1,094,460			1,000,850

Total liabilities and equity	$	1,634,779			1,550,788


Note:		Certain amounts have been reclassified to conform with the presentation adopted in 2009.

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TSYS Reports Second Quarter Results
Page 9 of 13

TSYS
Cash Flow
(unaudited)
(in thousands)


	Six Months Ended June 30,
	2009			2008

Cash flows from operating activities:
Net income attributable to TSYS	$	99,973			119,698
Adjustments to reconcile net income attributable to TSYS to net cash provided by operating activities:
Net income attributable to the noncontrolling interests		986			947
Equity in income of equity investments		(2,669	)		(3,271	)
Dividends received from equity investments		4,718			3,248
Net loss (gain) on currency translation adjustments		3,953			(2,141	)
Depreciation and amortization		77,967			79,755
Amortization of debt issuance costs		77			77
Share-based compensation		9,237			15,675
Excess tax benefit from share-based payment arrangements		(6	)		(81	)
Provisions for bad debt expense and billing adjustments		646			3,201
Charges for transaction processing provisions		4,014			(541	)
Deferred income tax benefit		(6,502	)		(9,016	)
Loss on disposal of equipment, net		9			159
(Increase) decrease in:
Accounts receivable		22,198			(14,130	)
Prepaid expenses, other current assets and other long-term assets		18,830			870
Increase (decrease) in:
Accounts payable		(7,376	)		686
Accrued salaries and employee benefits		(20,218	)		(37,814	)
Other current liabilities and other long-term liabilities		13,258			17,150

Net cash provided by operating activities		219,095			174,472


Cash flows from investing activities:
Purchases of property and equipment, net		(13,784	)		(26,296	)
Additions to licensed computer software from vendors		(12,709	)		(8,598	)
Additions to internally developed computer software		(12,918	)		(8,332	)
Cash used in acquisitions		(293	)		—
Additions to contract acquisition costs		(17,105	)		(28,417	)

Net cash used in investing activities		(56,809	)		(71,643	)


Cash flows from financing activities:
Proceeds from borrowings of long-term debt		5,334			2,506
Principal payments on long-term debt borrowings and capital lease obligations		(9,786	)		(6,870	)
Proceeds from exercise of stock options		2			251
Excess tax benefit from share-based payment arrangements		6			81
Repurchase of common stock		(329	)		(23,594	)
Subsidiary dividends paid to noncontrolling shareholders		(235	)		(241	)
Dividends paid on common stock		(27,595	)		(27,768	)

Net cash used in financing activities		(32,603	)		(55,635	)

Effect of exchange rate changes on cash and cash equivalents		(3,422	)		91

Net increase in cash and cash equivalents		126,261			47,285
Cash and cash equivalents at beginning of period		220,019			210,518

Cash and cash equivalents at end of period	$	346,280			257,803

Note: Certain amounts have been reclassified to conform with the presentation adopted in 2009.

The results of TDM are reported as “discontinued operations” for all periods presented pending its sale, and are deemed immaterial for cash flow purposes.

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TSYS Reports Second Quarter Results

Page 10 of 13

Geographic Area Data:

The following geographic area data represents revenues for the three months ended June 30 based on where the client is domiciled:


	Three Months Ended June 30,
											Percent
(dollars in millions)	2009		%			2008		%			Change

United States	$	297.4		72.2	%	$	311.9		72.6	%		(4.7	)%
Europe		60.7		14.7			68.3		15.9			(11.1	)
Canada		33.5		8.1			31.3		7.3			7.1
Japan		11.1		2.7			8.1		1.9			36.0
Mexico		2.0		0.5			4.0		0.9			(49.3	)
Other		7.3		1.8			6.0		1.4			21.4

	$	412.0		100.0	%	$	429.6		100.0	%		(4.1	)%

The following geographic area data represents revenues for the six months ended June 30 based on where the client is domiciled:


	Six Months Ended June 30,
											Percent
(dollars in millions)	2009		%			2008		%			Change

United States	$	597.9		72.8	%	$	624.2		73.5	%		(4.2	)%
Europe		118.5		14.5			127.2		15.0			(6.8	)
Canada		64.1		7.8			62.9		7.4			1.9
Japan		22.2		2.7			15.6		1.8			42.3
Mexico		4.2		0.5			7.7		0.9			(45.4	)
Other		14.0		1.7			11.9		1.4			17.9

	$	820.9		100.0	%	$	849.5		100.0	%		(3.4	)%

Geographic Area Revenue by Operating Segment:

The following table reconciles revenues by geography to revenues by reporting segment for the three months ended June 30:


	Three Months Ended June 30,
	North America				International				Merchant
	Services				Services				Services
(dollars in millions)	2009		2008		2009		2008		2009		2008

United States	$	217.7		237.9		—		—		79.7		74.0
Europe		0.2		0.2		60.5		68.1		—		—
Canada		33.4		31.1		—		—		0.1		0.2
Japan		—		—		11.1		8.1		—		—
Mexico		2.0		4.0		—		—		—		—
Other		2.9		2.5		4.2		3.4		0.2		0.1

	$	256.2		275.7		75.8		79.6		80.0		74.3

The following table reconciles revenues by geography to revenues by reporting segment for the six months ended June 30:


	Six Months Ended June 30,
	North America				International				Merchant
	Services				Services				Services
(dollars in millions)	2009		2008		2009		2008		2009		2008

United States	$	443.4		479.7		—		0.1		154.5		144.4
Europe		0.4		0.5		118.1		126.7		—		—
Canada		63.9		62.6		—		—		0.2		0.3
Japan		—		—		22.2		15.6		—		—
Mexico		4.2		7.7		—		—		—		—
Other		5.1		4.9		8.5		6.6		0.4		0.4

	$	517.0		555.4		148.8		149.0		155.1		145.1

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TSYS Reports Second Quarter Results
Page 11 of 13

Supplemental Information:


	Accounts on File at June 30,
											Percent
(in millions)	2009		%			2008		%			Change

Consumer		191.2		54.7	%		211.9		56.8	%		(9.8	)%
Retail		51.7		14.8			58.6		15.7			(11.6	)
Commercial		44.4		12.7			41.7		11.2			6.4
Government services		22.4		6.4			24.5		6.6			(8.6	)
Stored Value		34.4		9.9			31.2		8.4			10.1
Debit		5.4		1.5			5.0		1.3			7.7

		349.5		100.0	%		372.9		100.0	%		(6.3	)%


					Percent
(in millions)	June 30, 2009		June 30, 2008		Change
QTD Average Accounts on File		347.9		371.6		(6.4	)%
YTD Average Accounts on File		348.9		370.9		(5.9	)%


	Accounts on File at June 30,
											Percent
(in millions)	2009		%			2008		%			Change
Domestic		261.2		74.7	%		289.0		77.5	%		(9.6	)%
International		88.3		25.3			83.9		22.5			5.2

		349.5		100.0	%		372.9		100.0	%		(6.3	)%

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

Growth in Accounts on File (in millions):


	June 2008 to			June 2007 to
	June 2009			June 2008
Beginning balance		372.9			439.2
Change in accounts on file due to:
Internal growth of existing clients		30.6			39.5
New clients		23.1			30.1
Purges/Sales		(37.0	)		(13.3	)
Deconversions		(40.1	)		(122.6	)

Ending balance		349.5			372.9


Number of Employees (FTEs):	2009		2008
At June 30,		8,001		7,582
Quarterly average for period ended June 30,		8,040		7,572
YTD average for period ended June 30,		8,048		7,388

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TSYS Reports Second Quarter Results
Page 12 of 13

Reconciliation of GAAP to Non-GAAP

Constant Currency Comparison
(unaudited)
(in thousands)


	Three Months Ended June 30,								Six Months Ended June 30,
						Percent								Percent
	2009			2008		Change			2009			2008		Change

Consolidated
Constant currency (1)	$	429,772			429,630		0.0	%	$	861,288			849,455		1.4	%
Foreign currency (2)		(17,779	)		—		(4.1	)		(40,361	)		—		(4.8	)

Total revenues	$	411,993			429,630		(4.1	)%	$	820,927			849,455		(3.4	)%


Constant currency (1)	$	85,723			96,848		(11.5	)%	$	167,101			182,943		(8.7	)%
Foreign currency (2)		(2,944	)		—		(3.0	)		(6,207	)		—		(3.4	)

Operating income	$	82,779			96,848		(14.5	)%	$	160,894			182,943		(12.1	)%


International Services
Constant currency (1)	$	94,211			79,902		17.9	%	$	190,596			149,726		27.3	%
Foreign currency (2)		(17,779	)		—		(22.3	)		(40,361	)		—		(27.0	)

Total revenues	$	76,432			79,902		(4.3	)%	$	150,235			149,726		0.3	%


Constant currency (1)	$	12,163			11,741		3.6	%	$	21,430			19,186		11.7	%
Foreign currency (2)		(2,944	)		—		(25.1	)		(6,207	)		—		(32.4	)

Operating income	$	9,219			11,741		(21.5	)%	$	15,223			19,186		(20.7	)%


(1)		Reflects current period results on a non-GAAP basis as if foreign currency rates did not change from the comparable prior year period.

(2)		Reflects the impact of calculated changes in foreign currency rates from the comparable period.

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TSYS Reports Second Quarter Results Page 13 of 13

2008 Income Statement Presenting TDM as Discontinued Operations
(unaudited)
(in thousands)


	Three Months Ended												Twelve Months Ended
	March 31,			June 30,			September 30,			December 31,			December 31,
	2008			2008			2008			2008			2008

Revenues before reimbursable items	$	353,130			363,055			372,703			367,866		$	1,456,754
Reimbursable items		66,696			66,575			66,742			64,879			264,892

Total revenues		419,826			429,630			439,445			432,745			1,721,646


Total expenses		333,730			332,782			344,155			342,304			1,352,971

Operating income		86,096			96,848			95,290			90,441			368,675
Nonoperating income		1,280			(429	)		(82	)		5,003			5,772

Income before income taxes		87,376			96,419			95,208			95,444			374,447
Income taxes		32,907			33,981			34,091			30,227			131,206

Income before equity income		54,469			62,438			61,117			65,217			243,241
Equity income		2,162			1,109			3,062			1,064			7,397

Income from continuing operations, net of tax		56,631			63,547			64,179			66,281			250,638
Income from discontinued operations, net of tax		233			234			269			302			1,038

Net income		56,864			63,781			64,448			66,583			251,676
Noncontrolling interests		(250	)		(697	)		(374	)		(255	)		(1,576	)

Net income attributable to TSYS common shareholders	$	56,614			63,084			64,074			66,328		$	250,100

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