MASTERCARD LAUNCHES " MASTERCARD PRICELESS MOMENTS " WITH ONE MILLION BAHT GIVE AWAY

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Bangkok--May 15-- Shandwick International MasterCard International today officially launches MasterCard Priceless Moments, an exciting promotion campaign which offers cardholders the opportunity to win ONE million baht. With this campaign which runs from 16 May to 31 August, MasterCard aims to grow brand awareness and encourage card usage among Thai consumers. In addition to giving cardholders the chance to become a millionaire, MasterCard Priceless Moments also features exclusive offers from Cathay Pacific Airways and Sheraton Hotels. MasterCard Priceless Moments gives cardholders chances to win the grand prize of ONE million baht when they make payments using their MasterCard or MasterCard Electronic card. For every Bt500 of accumulated spending during this period, cardholders will get a chance to participate in the grand lucky draw. The draw also gives cardholders the opportunity to win three holiday packages to Australia, with hotel accommodation and Bt10,000 worth of shopping money. Winners will be selected during a lucky draw in September 2001. MasterCard Priceless Moments also offers cardholders an attractive travel package from Cathay Pacific Airways. Mr. Yongyut Lujintanon, Sales & Marketing Manager for Thailand & Myanmar, Cathay Pacific Airways Limited said, "We are pleased to offer MasterCard cardholders an exclusive three days/two nights package to Hong Kong, from just Bt 8,550. The package includes roundtrip air tickets, hotel accommodation, free gifts, Asia miles bonus on top of base Asia miles, shopping and dining discount coupons and much more. We have put together this package offering unbeatable value, exclusively for MasterCard cardholders." MasterCard cardholders can call Cathay Pacific directly (tel: 263-0606) to book their package anytime between 16 May to 15 July 2001, with the flexibility to use the tickets anytime up to 31 August. MasterCard Priceless Moments also provides cardholders an opportunity to "dine for free" at the Royal Orchid Sheraton and Sheraton Grande Sukhumvit hotels. Whenever a cardholder dines at either hotel with at least one other person and uses a MasterCard or MasterCard Electronic card to settle the bill, the paying cardholder's portion of the meal will be free. Further, there is no limit as to how often a cardholder can take advantage of this offer. MasterCard cardholders can also experience MasterCard Priceless Moments at the Westin Banyan Tree's Rom Sai or Bai Yun restaurants and receive a 20% discount in their bills. Cardholders can take advantage of these offers till 31 August 2001. To build up excitement and create awareness of the campaign, MasterCard is also giving away Bt. 10,000 every week on two of the most popular radio stations. - Bt. 500 will be given away via MasterCard sponsored game segments on both stations each morning from Monday to Friday, (FM106.5 from 6.45 am to 7.00 am and FM91.5 from 8.30 am to 9.00 am). - Bt. 5000 will be given away every Friday on FM106.5 to a cardholder who faxes in his or her recent credit card receipts (minimum Bt. 500 and less than one week old transaction) (fax no.: 260-6599). Each qualifying receipt will entitle the cardholder to one chance in the weekly draw. Mr. Basker Rangachari, Vice President & Country Manager, MasterCard International said: "We truly believe this campaign is one-of-its-kind. MasterCard Priceless Moments aims to offer cardholders good reasons to frequently use their MasterCard card. With a one million baht grand prize, travel prizes, and exclusive privileges, I am confident that MasterCard Priceless Moments will be well received by existing and new cardholders. My message to Thai consumers is that if they don't have a MasterCard card yet, this is the best time to get one and start using it to enjoy exceptional benefits." About MasterCard International MasterCard International has the most comprehensive portfolio of payment brands in the world. More than 1.7 billion MasterCardโ, Cirrusโ and Maestroโ logos are present on credit, charge and debit cards in circulation today. An association comprised of more than 20,000 member financial institutions, MasterCard serves consumers and businesses, both large and small, in 210 countries and territories. MasterCard is the leader in quality and innovation, offering a wide range of payment solutions in the virtual and traditional worlds. MasterCard's award-winning Pricelessโ advertising campaign is now seen in 81 countries and in more than 36 languages, giving the MasterCard brand reach and scope unrivaled by any competitor in the industry. With more than 21 million acceptance locations, no card is accepted in more places and by more merchants than the MasterCard Card. In 2000, gross dollar volume exceeded US$857 billion. MasterCard can be reached through its World Wide Web site at http://www.mastercard.com. Contacts: Dejanant Hiranyasthiti, MasterCard International +662 260 8572, [email protected] Udomlux Olarn/Lakpilai Worasaphya, Shandwick International +662 257 0300, [email protected], [email protected] End. -AN-

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