Redecard (Bovespa RDCD3), an acquirer of MasterCard and Diners Club International cards in Brazil and one of the leading companies in the payment card industry in the Brazilian market, announces today its results for the third quarter of 2007 (3Q07). In addition to acquiring merchants for the capturing, transmission, processing and financial settlement of transactions with credit and debit cards, the Company also offers other products and services to its clients, such as the rental of equipment for the electronic capture of transactions (POS), the prepayment to merchants of receivables for credit card sales, the check verification services through the POS equipment, and the capture and transmission services for transactions carried out with voucher and private-label cards. The Company´s audited financial statements are prepared in accordance with the accounting practices adopted in Brazil, based on Brazilian Corporate Law, the regulations of the Brazilian securities and exchange commission (CVM), and the accounting standards and rules established by the Brazilian Institute of Independent Auditors - IBRACON ("BR GAAP").

HIGHLIGHTS IN 3Q07 VERSUS 3Q06

- Growth of 30.3% in Recurring Net Income. Recurring Net Income in the quarter was R$ 191.3 million, an increase of 30.3% versus R$ 146.8 million in the 3Q06.

- Increase of 24.7% in Adjusted EBITDA. Adjusted EBITDA in the quarter was R$ 321.8 million, 24.7% higher than the R$ 258.0 million in the 3Q06. Adjusted EBITDA margin in the quarter was 62.8%, compared to 59.0% in the 3Q06.

- Growth of 17.1% in net operating revenue. Net operating revenue in the period was R$ 512.2 million, 17.1% higher than the R$ 437.2 million verified in the 3Q06.

- Expansion of 9.9% in number of affiliated merchants. At the end of September 2007, the number of affiliated merchants reached 1,098,130, 9.9% higher than September 2006, while the base of active merchants grew 15.3% in the same period.

- Increase of 18.3% in the POS equipment base. At end of September, the number of POS electronic equipment base achieved 731,600, 18.3% higher than September 2006.

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Last Update: October 29, 2007