Exhibit 99.2

TSYS Announces First Quarter 2009 Earnings
Page 9 of 15

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

	Three Months Ended
	March 31,
							Percent
	2009			2008			Change
Revenues
Electronic payment processing services	$	232,119			245,669			(5.5	)%
Merchant acquiring services		65,477			61,714			6.1
Other services		47,850			45,747			4.6
Revenues before reimbursables		345,446			353,130			(2.2	)
Reimbursable items		63,487			66,696			(4.8	)
Total revenues		408,933			419,826			(2.6	)
Expenses
Salaries & other personnel expense		144,342			145,225			(0.6	)
Net technology & facilities expense		73,986			72,255			2.4
Spin related expenses		—			6,895			(100.0	)
Other operating expenses		49,004			42,659			14.9
Expenses before reimbursable items		267,332			267,034			0.1
Reimbursable items		63,487			66,696			(4.8	)
Total operating expenses		330,819			333,730			(0.9	)
Operating income		78,114			86,096			(9.3	)
Nonoperating (expense) income		(1,458	)		1,280		nm
Income from continuing operations before income taxes, noncontrolling interests and equity in income of of equity investments		76,656			87,376			(12.3	)
Income taxes		27,415			32,907			(16.7	)
Income from continuing operations before noncontrolling interests and equity in income of equity investments		49,241			54,469			(9.6	)
Equity in income of equity investments		1,043			2,162			(51.8	)
Income from continuing operations, net of tax		50,284			56,631			(11.2	)
(Loss) income from discontinued operations, net of tax		(3,343	)		233		nm
Net income		46,941			56,864			(17.5	)
Net income attributable to the noncontrolling interests		(415	)		(250	)		(66.0	)
Net income attributable to TSYS	$	46,526			56,614			(17.8	)%
Basic earnings per share:
Income from continuing operations to TSYS common shareholders	$	0.26			0.29			(10.3	)%
(Loss) income from discontinued operations to TSYS common shareholders		(0.02	)		0.00		nm%
Net income attributable to TSYS common shareholders	$	0.24			0.29			(17.3	)%
Diluted earnings per share:
Income from continuing operations to TSYS common shareholders	$	0.26			0.29			(10.2	)%
(Loss) income from discontinued operations to TSYS common shareholders		(0.02	)		0.00		nm%
Net income attributable to TSYS common shareholders	$	0.24			0.29			(20.0	)%
Dividends declared per share	$	0.07			0.07
Average common shares outstanding		195,461			196,745
Average common and common equivalent shares outstanding		195,816			197,306
Amounts attributable to TSYS common shareholders:
Income from continuing operations, net of tax	$	49,869			56,381
(Loss) income from discontinued operations, net of tax		(3,343	)		233
Net income	$	46,526			56,614

nm =	not meaningful
Note:	Certain amounts have been previously reclassified to conform with the presentation adopted in 2009.
	Basic and diluted EPS is computed based on the two-class method in accordance with FSP EITF 03-6-1. The impact on first quarter 2009 and 2008 EPS (as recast to show retroactive adoption of FSP EITF 03-6-1) does not change basic or diluted EPS.

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TSYS Announces First Quarter 2009 Earnings
Page 10 of 15

TSYS
Segment Breakdown
(unaudited)
(in thousands)
	Three Months Ended March 31, 2009														Three Months Ended March 31, 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 reimbursables	$	223,782			70,584			58,206			—		352,572			235,860			67,957			55,129			—			358,946
Intersegment revenues		(5,888	)		(845	)		(393	)		—		(7,126	)		(5,231	)		(403	)		(182	)		—			(5,816	)
Revenues before reimbursables from external customers	$	217,894			69,739			57,813			—		345,446			230,629			67,554			54,947			—			353,130
Total revenues	$	268,789			73,802			75,498			—		418,089			287,012			69,824			70,937			—			427,773
Intersegment revenues		(7,918	)		(845	)		(393	)		—		(9,156	)		(7,362	)		(403	)		(182	)		—			(7,947	)
Revenues from external customers	$	260,871			72,957			75,105			—		408,933			279,650			69,421			70,755			—			419,826
Depreciation and amortization	$	23,509			7,706			8,087			—		39,302			24,732			7,695			6,554			—			38,981
Intersegment expenses	$	1,311			(3,062	)		(7,405	)		—		(9,156	)		2,774			(3,541	)		(7,180	)		—			(7,947	)
Segment operating income	$	58,033			6,004			14,077			—		78,114			70,471			7,446			15,074			(6,895	)		86,096
Income from continuing operations before income taxes, noncontrolling interest and equity income of equity investments		58,055			4,787			13,814			—		76,656			70,137			8,750			15,384			(6,895	)		87,376
Income tax expense	$	19,594			2,877			4,944			—		27,415			26,509			2,914			5,408			(1,924	)		32,907
Equity in income of equity investments	$	666			377			—			—		1,043			888			1,274			—			—			2,162
Income from continuing operations	$	39,127			2,287			8,870			—		50,284			44,516			7,111			9,976			(4,972	)		56,631
Identifiable assets		1,451,129			310,787			215,584			—		1,977,500			1,296,769			353,570			188,360			—			1,838,699
Intersegment eliminations		(387,340	)		(1,007	)		(1	)		—		(388,348	)		(312,665	)		(1,513	)		(1,209	)		—			(315,387	)
Total assets		1,063,789			309,780			215,583			—		1,589,152			984,104			352,057			187,151			—			1,523,312

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 previously reclassified to conform with the presentation adopted in 2009.

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TSYS Announces First Quarter 2009 Earnings
Page 11 of 15

TSYS
Balance Sheet
(in thousands)
	Mar 31, 2009			Dec 31, 2008
	(unaudited)			(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	271,043			211,365
Restricted cash		32,892			31,128
Accounts receivable, net		240,421			246,767
Deferred income tax assets		14,777			29,615
Prepaid expenses and other current assets		90,826			88,612
Current assets of discontinued operations		28,985			24,570
Total current assets		678,944			632,057
Property and equipment, net		273,028			279,653
Computer software, net		198,504			202,038
Contract acquisition costs, net		129,912			131,568
Goodwill, net		165,413			165,995
Equity investments, net		75,027			74,012
Other intangible assets, net		16,491			17,452
Other assets		45,136			40,768
Long-term assets of discontinued operations		6,697			7,245
Total assets	$	1,589,152			1,550,788
Liabilities and Equity
Current liabilities:
Current portion of notes payable	$	8,619			8,575
Accrued salaries and employee benefits		20,861			46,696
Accounts payable		29,177			32,440
Current portion of obligations under capital leases		6,954			6,344
Other current liabilities		170,711			131,515
Current liabilities of discontinued operations		18,911			10,998
Total current liabilities		255,233			236,568
Notes payable, excluding current portion		195,920			196,295
Deferred income tax liabilities		49,674			60,578
Obligations under capital leases, excluding current portion		15,186			13,576
Other long-term liabilities		40,004			40,709
Long-term liabilities of discontinued operations		1,600			2,212
Total liabilities		557,617			549,938
Shareholders’ Equity:
Common stock		20,040			20,036
Additional paid-in capital		129,114			126,889
Accumulated other comprehensive income, net		(10,383	)		(6,627	)
Treasury stock		(69,970	)		(69,641	)
Retained earnings		953,005			920,292
Total shareholders’ equity		1,021,806			990,949
Noncontrolling interests in consolidated subsidiaries		9,729			9,901
Total equity		1,031,535			1,000,850
Total liabilities and equity	$	1,589,152			1,550,788

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

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TSYS Announces First Quarter 2009 Earnings
Page 12 of 15

TSYS
Cash Flow
(unaudited)
(in thousands)
	Three Months Ended March 31,
	2009			2008
Cash flows from operating activities:
Net income attributable to TSYS	$	46,526			56,614
Adjustments to reconcile net income to net cash provided by operating activities:
Net income attributable to the noncontrolling interests		415			250
Equity in income of equity investments		(1,043	)		(2,162	)
Loss (gain) on currency translation adjustments, net		883			(1,943	)
Depreciation and amortization		39,850			39,229
Amortization of debt issuance costs		38			38
Share-based compensation		5,297			7,895
Excess tax benefit from share-based payment arrangements		—			(67	)
(Recoveries of) provisions for bad debt expense and billing adjustments		(394	)		2,101
Charges for transaction processing provisions		1,537			265
Deferred income tax benefit		(2,329	)		(6,875	)
Loss on disposal of equipment, net		7			161
(Increase) decrease in:
Accounts receivable		1,166			(6,140	)
Prepaid expenses, other current assets and other long-term assets		(1,743	)		2,492
Increase (decrease) in:
Accounts payable		(3,779	)		3,426
Accrued salaries and employee benefits		(25,567	)		(34,401	)
Other current liabilities and other long-term liabilities		37,806			39,116
Net cash provided by operating activities		98,670			99,999
Cash flows from investing activities:
Purchases of property and equipment, net		(2,181	)		(14,350	)
Additions to licensed computer software from vendors		(5,932	)		(2,351	)
Additions to internally developed computer software		(5,828	)		(2,413	)
Cash used in acquisitions		(205	)		—
Additions to contract acquisition costs		(10,992	)		(17,168	)
Net cash used in investing activities		(25,138	)		(36,282	)
Cash flows from financing activities:
Proceeds from borrowings of long-term debt		2,809			—
Principal payments on long-term debt borrowings and capital lease obligations		(3,622	)		(4,976	)
Proceeds from exercise of stock options		—			59
Excess tax benefit from share-based payment arrangements		—			67
Repurchase of common stock		(329	)		(11,369	)
Dividends paid on common stock		(13,779	)		(13,858	)
Net cash used in financing activities		(14,921	)		(30,077	)
Effect of exchange rate changes on cash and cash equivalents		(1,084	)		(1,509	)
Net increase in cash and cash equivalents		57,527			32,131
Cash and cash equivalents at beginning of year		220,018			210,518
Cash and cash equivalents at end of period	$	277,545			242,649

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

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TSYS Announces First Quarter 2009 Earnings
Page 13 of 15

Geographic Area Data:

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

	Three Months Ended March 31,
											Percent
(dollars in millions):	2009		%			2008		%			Change
United States	$	300.4		73.5	%	$	312.2		74.4	%		(3.8	)%
Europe		57.8		14.1			58.9		14.0			(1.8	)
Canada		30.6		7.5			31.7		7.5			(3.2	)
Japan		11.1		2.7			7.4		1.8			49.2
Mexico		2.2		0.5			3.7		0.9			(41.2	)
Other		6.8		1.7			5.9		1.4			14.4
	$	408.9		100.0	%	$	419.8		100.0	%		(2.6	)%

Geographic Area Revenue by Operating Segment:

The following table reconciles revenues by geography to revenues by reporting segment for the three months ended March 31:

	Three Months Ended March 31,
	North America				International				Merchant
	Services				Services				Services
(dollars in millions):	2009		2008		2009		2008		2009		2008
United States	$	225.6		241.7		—		0.1		74.8		70.4
Europe		0.2		0.3		57.6		58.6		—		—
Canada		30.5		31.5		—		—		0.1		0.2
Japan		—		—		11.1		7.4		—		—
Mexico		2.2		3.7		—		—		—		—
Other		2.4		2.4		4.2		3.3		0.2		0.2
	$	260.9		279.6		72.9		69.4		75.1		70.8

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TSYS Announces First Quarter 2009 Earnings
Page 14 of 15

Supplemental Information:

	Accounts on File at March 31,
											Percent
(in millions)	2009		%			2008		%			Change
Consumer		186.5		54.8	%		211.4		57.9	%		(11.8	)%
Retail		56.5		16.6			57.9		15.9			(2.6	)
Commercial		44.4		13.0			40.1		11.0			10.8
Government services		21.7		6.4			24.1		6.6			(9.9	)
Stored Value		26.1		7.7			26.0		7.1			0.4
Debit		5.2		1.5			5.4		1.5			(3.1	)
		340.4		100.0	%		364.9		100.0	%		(6.7	)%

					Percent
(in millions)	March 31, 2009		March 31, 2008		Change
YTD Average Accounts on File		349.9		370.2		(5.5	)%

	Accounts on File at March 31,
											Percent
(in millions)	2009		%			2008		%			Change
Domestic		252.0		74.0	%		283.4		77.7	%		(11.1	)%
International		88.4		26.0			81.5		22.3			8.5
		340.4		100.0	%		364.9		100.0	%		(6.7	)%

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):

	March 2008 to			March 2007 to
	March 2009			March 2008
Beginning balance		364.9			422.7
Change in accounts on file due to:
Internal growth of existing clients		32.0			53.9
New clients		20.0			18.2
Purges/Sales		(35.9	)		(25.3	)
Deconversions		(40.6	)		(104.6	)
Ending balance		340.4			364.9

Number of Employees (FTEs):	2009		2008
At March 31,		8,068		7,547
YTD average for period ended March 31,		8,061		7,245

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TSYS Announces First Quarter 2009 Earnings
Page 15 of 15

Constant Currency Comparison
(unaudited)

(in thousands, except per share)	Three Months Ended March 31,
							Percent
	2009			2008			Change
Consolidated
Constant currency (1)	$	431,516			419,826			2.8	%
Foreign currency (2)		(22,583	)		—			(5.4	)
Total revenues	$	408,933			419,826			(2.6	)%
Constant currency (1)	$	81,377			86,096			(5.5	)%
Foreign currency (2)		(3,263	)		—			(3.8	)
Operating income	$	78,114			86,096			(9.3	)%
International Services
Constant currency (1)	$	96,385			69,824			38.0	%
Foreign currency (2)		(22,583	)		—			(32.3	)
Total revenues	$	73,802			69,824			5.7	%
Constant currency (1)	$	9,267			7,446			24.5	%
Foreign currency (2)		(3,263	)		—			(43.8	)
Operating income	$	6,004			7,446			(19.4	)%
Total Revenues Including Discontinued Operations:
Consolidated
Total revenues including discontinued operations	$	498,284			461,722			7.9	%
Foreign currency (2)		(22,583	)		—			nm
Discontinued operations		(66,768	)		(41,896	)		(59.4	)
Total revenues	$	408,933			419,826			(2.6	)%
North America Services
Total revenues including discontinued operations	$	335,557			328,908			2.0	%
Discontinued operations		(66,768	)		(41,896	)		(59.4	)
Total revenues	$	268,789			287,012			(6.3	)%

nm = not meaningful
(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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