Exhibit 99.2

TSYS Announces Second Quarter 2008 Earnings
Page 9 of 15

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

	Three Months Ended									Six Months Ended
	June 30,									June 30,
							Percentage									Percentage
	2008			2007			Change			2008			2007			Change
Revenues
Electronic payment processing services*	$	242,420			244,750			(1.0	)%	$	483,699			474,809			1.9	%
Merchant acquiring services		65,576			64,277			2.0			127,242			124,957			1.8
Other services*		64,379			55,067			16.9			121,475			107,939			12.5
Revenues before reimbursables		372,375			364,094			2.3			732,416			707,705			3.5
Reimbursable items		110,738			96,061			15.3			212,419			182,053			16.7
Total revenues		483,113			460,155			5.0			944,835			889,758			6.2
Expenses
Salaries & other personnel expense*		147,666			145,532			1.5			295,983			285,976			3.5
Net occupancy & equipment expense*		74,789			69,278			8.0			147,676			136,627			8.1
Spin related expenses*		1,255			—		nm				8,150			—		nm
Other operating expenses*		51,018			53,368			(4.4	)		96,186			103,507			(7.1	)
Expenses before reimbursable items		274,728			268,178			2.4			547,995			526,110			4.2
Reimbursable items		110,738			96,061			15.3			212,419			182,053			16.7
Total operating expenses		385,466			364,239			5.8			760,414			708,163			7.4
Operating income		97,647			95,916			1.8			184,421			181,595			1.6
Other income:
Interest income		1,698			6,159			(72.4	)		4,261			11,647			(63.4	)
Interest expense		(2,887	)		(366	)	nm				(6,227	)		(576	)	nm
Miscellaneous income		507			—		nm				507			—		nm
Gain (loss) on foreign currency translation, net		198			(845	)		123.4			2,141			(162	)	nm
Dividend income		72			44			63.6			207			58			256.9
Other income		(412	)		4,992			(108.3	)		889			10,967			(91.9	)
Income before income taxes, minority interest and equity in income of equity investments		97,235			100,908			(3.6	)		185,310			192,562			(3.8	)
Income taxes		34,122			35,603			(4.2	)		67,157			70,494			(4.7	)
Income before minority interest and equity in income of equity investments		63,113			65,305			(3.4	)		118,153			122,068			(3.2	)
Minority interest		(697	)		(602	)		(15.8	)		(947	)		(952	)		0.5
Equity in income of equity investments		668			985			(32.2	)		2,492			1,845			35.1
Net income	$	63,084			65,688			(4.0	)%	$	119,698			122,961			(2.7	)%
Basic earnings per share	$	0.32			0.33			(3.8	)%	$	0.61			0.63			(2.6	)%
Diluted earnings per share	$	0.32			0.33			(3.9	)%	$	0.61			0.62			(2.7	)%
Dividend declared per share	$	0.07			0.07					$	0.14			0.14
Average common shares outstanding		196,281			196,693						196,513			196,591
Average common and common equivalent shares outstanding		196,970			197,150						197,193			197,084

*	Certain amounts have been previously reclassed to conform with the presentation adopted in 2008.
nm = not meaningful

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TSYS Announces Second Quarter 2008 Earnings
Page 10 of 15

TSYS
Segment Breakdown
(unaudited)
(in thousands)

	Three Months Ended June 30, 2008															Three Months Ended June 30, 2007
	North American			Global			Merchant			Spin-Related						North American			Global			Merchant			Spin-Related
	Services			Services			Services			Costs			Consolidated			Services			Services			Services			Costs		Consolidated
Revenues before reimbursables	$	242,248			77,032			58,291			—			377,571			253,566			58,043			59,008			—		370,617
Intersegment revenues		(4,663	)		(286	)		(247	)		—			(5,196	)		(5,754	)		(372	)		(397	)		—		(6,523	)
Revenues before reimbursables from external customers	$	237,585			76,746			58,044			—			372,375			247,812			57,671			58,611			—		364,094
Total revenues	$	336,168			79,903			74,567			—			490,638			333,098			60,733			74,888			—		468,719
Intersegment revenues		(6,992	)		(286	)		(247	)		—			(7,525	)		(7,795	)		(372	)		(397	)		—		(8,564	)
Revenues from external customers	$	329,176			79,617			74,320			—			483,113			325,303			60,361			74,491			—		460,155
Depreciation and amortization	$	25,047			8,797			6,682			—			40,526			25,740			5,507			6,763			—		38,010
Intersegment expenses	$	2,673			(2,649	)		(7,514	)		—			(7,490	)		3,061			(3,726	)		(7,899	)		—		(8,564	)
Segment operating income	$	69,075			11,741			18,086			(1,255	)		97,647			69,578			10,048			16,290			—		95,916
Income before income taxes, minority interest and equity income of equity investments	$	69,343			10,867			18,280			(1,255	)		97,235			75,107			9,053			16,748			—		100,908
Income tax expense	$	23,634			4,299			6,637			(448	)		34,122			27,344			2,235			6,024			—		35,603
Equity in income of equity investments	$	366			302			—			—			668			824			161			—			—		985
Net Income	$	46,074			6,174			11,643			(807	)		63,084			48,587			6,377			10,724			—		65,688
Identifiable assets		1,326,230			354,861			181,556			—			1,862,647
Intersegment eliminations		(314,768	)		(1,716	)		(84	)		—			(316,568	)
Total assets		1,011,462			353,145			181,472			—			1,546,079

	Six Months Ended June 30, 2008															Six Months Ended June 30, 2007
	North American			Global			Merchant			Spin-Related						North American			Global			Merchant			Spin-Related
	Services			Services			Services			Costs			Consolidated			Services			Services			Services			Costs		Consolidated
Revenues before reimbursables	$	485,019			144,989			113,420			—			743,428			493,672			111,006			114,689			—		719,367
Intersegment revenues		(9,894	)		(689	)		(429	)		—			(11,012	)		(10,529	)		(595	)		(538	)		—		(11,662	)
Revenues before reimbursables from external customers	$	475,125			144,300			112,991			—			732,416			483,143			110,411			114,151			—		707,705
Total revenues	$	665,077			149,726			145,504			—			960,307			646,693			116,134			142,635			—		905,462
Intersegment revenues		(14,354	)		(689	)		(429	)		—			(15,472	)		(14,571	)		(595	)		(538	)		—		(15,704	)
Revenues from external customers	$	650,723			149,037			145,075			—			944,835			632,122			115,539			142,097			—		889,758
Depreciation and amortization	$	50,027			16,492			13,236			—			79,755			51,691			11,307			13,609			—		76,607
Intersegment expenses	$	5,447			(6,190	)		(14,694	)		—			(15,437	)		6,537			(6,965	)		(15,270	)		—		(15,698	)
Segment operating income	$	140,225			19,186			33,160			(8,150	)		184,421			132,059			21,160			28,376			—		181,595
Income before income taxes, minority interest and equity income of equity investments	$	140,178			19,618			33,664			(8,150	)		185,310			142,720			20,431			29,411			—		192,562
Income tax expense	$	50,271			7,212			12,045			(2,371	)		67,157			53,529			6,407			10,558			—		70,494
Equity in income of equity investments	$	916			1,576			—			—			2,492			1,742			103			—			—		1,845
Net Income	$	90,823			13,035			21,619			(5,779	)		119,698			90,933			13,175			18,853			—		122,961

Note: Revenues from North American 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 Global 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.

Effective February 1, 2008, TSYS merged the operations of Golden Retriever LLC with TSYS Acquiring Solutions, LLC. As a result of the merger, the results of Golden Retriever for prior periods have been reclassified to reflect the move from North American Services to the Merchant Services segment.

Equity in income of equity investments for TSYS de México has been reclassified from Global Services to North American Services.

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TSYS Announces Second Quarter 2008 Earnings
Page 11 of 15

TSYS
Balance Sheet
(in thousands)

	June 30, 2008			Dec 31, 2007
	(unaudited)			(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	257,803			210,518
Restricted cash		25,315			29,688
Accounts receivable, net		267,678			256,970
Deferred income tax assets		30,707			17,152
Prepaid expenses and other current assets		72,635			72,250
Total current assets		654,138			586,578
Property and equipment, net		288,159			283,138
Computer software, net		189,616			205,830
Contract acquisition costs, net		159,468			151,599
Goodwill, net		143,172			142,545
Equity investments, net		85,377			80,905
Other intangible assets, net		12,567			13,462
Other assets		13,582			14,963
Total assets	$	1,546,079			1,479,020
Liabilities and Shareholders’ Equity
Current liabilities:
Current portion of notes payable	$	74,050			8,648
Accrued salaries and employee benefits		47,315			85,142
Accounts payable		40,277			41,817
Current portion of obligations under capital leases		3,686			3,080
Other current liabilities		141,020			135,108
Total current liabilities		306,348			273,795
Notes payable, excluding current portion		184,061			252,659
Deferred income tax liabilities		73,623			67,428
Obligations under capital leases, excluding current portion		7,963			3,934
Other long-term liabilities		31,005			28,151
Total liabilities		603,000			625,967
Minority interests in consolidated subsidiaries		9,801			8,580
Shareholders’ Equity:
Common stock		20,037			19,966
Additional paid-in capital		120,246			104,762
Accumulated other comprehensive income, net		33,076			28,322
Treasury stock		(57,566	)		(34,138	)
Retained earnings		817,485			725,561
Total shareholders’ equity		933,278			844,473
Total liabilities and shareholders’ equity	$	1,546,079			1,479,020

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TSYS Announces Second Quarter 2008 Earnings
Page 12 of 15

TSYS
Cash Flow
(unaudited)
(in thousands)

	Six Months Ended June 30,
	2008			2007
Cash flows from operating activities:
Net income	$	119,698			122,961
Adjustments to reconcile net income to net cash provided by operating activities:
Minority interests in consolidated subsidiaries’ net income		947			952
Equity in income of equity investments		(2,492	)		(1,845	)
Dividends received from equity investments		3,248			2,994
(Gain) loss on currency translation adjustments, net		(2,141	)		162
Depreciation and amortization		79,755			76,607
Amortization of debt issuance costs		77			—
Share-based compensation		15,675			6,596
Excess tax benefit from share-based payment arrangements		(81	)		(3,869	)
Asset impairments		—			620
Provisions for bad debt expense and billing adjustments		3,201			148
Charges for transaction processing provisions		(541	)		437
Deferred income tax benefit		(9,016	)		(2,760	)
Loss on disposal of equipment, net		159			23
(Increase) decrease in:
Accounts receivable		(14,130	)		(6,150	)
Prepaid expenses, other current assets and other long-term assets		870			(8,921	)
Increase (decrease) in:
Accounts payable		686			(814	)
Accrued salaries and employee benefits		(37,814	)		(31,870	)
Other current liabilities and other long-term liabilities		16,666			(35,765	)
Net cash provided by operating activities		174,767			119,506
Cash flows from investing activities:
Purchases of property and equipment, net		(26,296	)		(21,438	)
Additions to licensed computer software from vendors		(8,598	)		(4,810	)
Additions to internally developed computer software		(8,332	)		(7,458	)
Cash used in acquisitions and equity investments		(295	)		(472	)
Additions to contract acquisition costs		(28,417	)		(9,542	)
Net cash used in investing activities		(71,938	)		(43,720	)
Cash flows from financing activities:
Proceeds from borrowings of long-term debt		2,506			6,805
Principal payments on long-term debt borrowings and capital lease obligations		(6,870	)		(1,744	)
Proceeds from exercise of stock options		251			5,112
Excess tax benefit from share-based payment arrangements		81			3,869
Repurchase of common stock		(23,594	)		—
Subsidiary dividends paid to noncontrolling shareholders		(241	)		—
Dividends paid on common stock		(27,768	)		(27,598	)
Net cash used in financing activities		(55,635	)		(13,556	)
Effect of exchange rate changes on cash and cash equivalents		91			841
Net increase in cash and cash equivalents		47,285			63,071
Cash and cash equivalents at beginning of year		210,518			389,123
Cash and cash equivalents at end of period	$	257,803			452,194

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TSYS Announces Second Quarter 2008 Earnings
Page 13 of 15

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,
(dollars in millions):	2008		%			2007		%			% Chg
United States	$	365.4		75.6	%	$	362.5		78.8	%		0.8	%
Europe		68.3		14.1			49.1		10.7			39.1
Canada		31.3		6.5			30.8		6.7			1.5
Japan		8.1		1.7			6.1		1.3			34.2
Mexico		4.0		0.8			3.3		0.7			21.2
Other		6.0		1.3			8.4		1.8			(28.7	)
	$	483.1		100.0	%	$	460.2		100.0	%		5.0	%

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,
(dollars in millions):	2008		%			2007		%			% Chg
United States	$	719.5		76.2	%	$	700.2		78.7	%		2.8	%
Europe		127.2		13.5			95.0		10.7			33.9
Canada		62.9		6.7			60.8		6.8			3.4
Japan		15.6		1.6			11.4		1.3			36.9
Mexico		7.7		0.8			6.5		0.7			17.8
Other		11.9		1.2			15.9		1.8			(24.4	)
	$	944.8		100.0	%	$	889.8		100.0	%		6.2	%

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 American				Global				Merchant
	Services				Services				Services
(dollars in millions):	2008		2007		2008		2007		2008		2007
United States	$	291.4		288.2		—		0.2		74.0		74.1
Europe		0.2		0.4		68.1		48.7		—		—
Canada		31.1		30.7		—		—		0.2		0.1
Japan		—		—		8.1		6.1		—		—
Mexico		4.0		3.3		—		—		—		—
Other		2.5		2.7		3.4		5.4		0.1		0.3
	$	329.2		325.3		79.6		60.4		74.3		74.5

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 American				Global				Merchant
	Services				Services				Services
(dollars in millions):	2008		2007		2008		2007		2008		2007
United States	$	575.0		558.6		0.1		0.2		144.4		141.4
Europe		0.5		0.9		126.7		94.1		—		—
Canada		62.6		60.5		—		—		0.3		0.3
Japan		—		—		15.6		11.4		—		—
Mexico		7.7		6.5		—		—		—		—
Other		4.9		5.6		6.6		9.9		0.4		0.4
	$	650.7		632.1		149.0		115.6		145.1		142.1

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TSYS Announces Second Quarter 2008 Earnings
Page 14 of 15

Supplemental Information:

	Accounts on File at June 30,
(in millions)	2008		%			2007		%			% Change
Consumer		211.9		56.8	%		277.0		63.1	%		(23.5	)%
Retail		58.6		15.7			57.3		13.0			2.2
Commercial		41.7		11.2			35.0		8.0			19.3
Government services		24.5		6.6			21.9		5.0			11.8
Stored Value		31.2		8.4			42.9		9.8			(27.2	)
Debit		5.0		1.3			5.1		1.1			(1.5	)
		372.9		100.0	%		439.2		100.0	%		(15.1	)%

(in millions)	June 30, 2008		June 30, 2007		% Change
QTD Average Accounts on File		371.6		433.6		(14.3	)%
YTD Average Accounts on File		370.9		426.0		(12.9	)

	Accounts on File at June 30,
(in millions)	2008		%			2007		%			% Change
Domestic		289.0		77.5	%		368.0		83.8	%		(21.5	)%
International		83.9		22.5			71.2		16.2			17.8
		372.9		100.0	%		439.2		100.0	%		(15.1	)%

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

	June 2007 to			June 2006 to
Growth in Accounts on File (in millions):	June 2008			June 2007
Beginning balance		439.2			366.5
Change in accounts on file due to:
Internal growth of existing clients		39.5			33.1
New clients		30.1			105.5
Purges/Sales		(13.3	)		(14.0	)
Deconversions		(122.6	)		(51.9	)
Ending balance		372.9			439.2

Number of Employees (FTEs):	2008		2007
At June 30,		7,582		6,773
Quarterly average for period ended June 30,		7,572		6,783
YTD average for period ended June 30,		7,388		6,755

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TSYS Announces Second Quarter 2008 Earnings
Page 15 of 15

RECONCILIATION OF GAAP TO NON-GAAP

	Three Months Ended June 30,									Six Months Ended June 30,
(in thousands, except per share)	2008			2007			% Change			2008			2007			% Change
REVENUES
Revenues before reimbursables	$	372,375			364,094			2.3	%	$	732,416			707,705			3.5	%
Deduct: revenues associated with deconverted portfolios		(4,965	)		(27,518	)					(9,706	)		(51,681	)
Revenues before reimbursables, excluding revenues associated with deconverted portfolios	$	367,410			336,576			9.2	%	$	722,710			656,024			10.2	%
OPERATING INCOME
Operating income	$	97,647			95,916			1.8	%	$	184,421			181,595			1.6	%
Add: spin-related costs		1,255			—						8,150			—
Operating income, excluding spin-related expenses	$	98,902			95,916			3.1	%	$	192,571			181,595			6.0	%
Revenues before reimbursables	$	372,375			364,094					$	732,416			707,705
Total revenues	$	483,113			460,155					$	944,835			889,758
Operating margin, as reported		20.2	%		20.8	%					19.5	%		20.4	%
Operating margin, excluding reimbursables		26.2	%		26.3	%					25.2	%		25.7	%
Operating margin, excluding reimbursables and spin-related expenses		26.6	%		26.3	%					26.3	%		25.7	%
NET INCOME
Net income	$	63,084			65,688			(4.0	)%	$	119,698			122,961			(2.7	)%
Add: spin-related costs, net of tax		807			—						5,778			—
Net income, excluding spin-related expenses	$	63,891			65,688			(2.7	)%	$	125,476			122,961			2.0	%
Common shares outstanding		196,281			196,693						196,513			196,591
EARNINGS PER SHARE (EPS) — Basic
Basic earnings per share	$	0.32			0.33			(3.8	)%	$	0.61			0.63			(2.6	)%
Add: spin-related costs, net of tax per share		0.01			—						0.03			—
Basic EPS, excluding spin-related expenses	$	0.33			0.33			(2.5	)%	$	0.64			0.63			2.1	%

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