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Visa International

Visa International Announces IRB U21 World Cup Sponsorship: Under 21s Extends Visa's Rugby World Cup 2003 Partnership

SAN FRANCISCO, CA (ots)

As a complement to its highly successful
global Rugby World Cup sponsorship, Visa International and the
International Rugby Board (IRB) have announced that Visa will be the
Presenting Sponsor of the second IRB Under 21 (IRB U21) World Cup
which will take place in Oxfordshire, England from June 13-30, 2003.
"With banks and branches in virtually every nation around the
world, Visa's members and merchants can effectively market the RWC
programs and special offers to hundreds of millions of cardholders
worldwide," noted Tom Shepard, executive vice president, Global
Marketing Partnerships and Sponsorship, Visa International.
This event, which is an extension of Visa's RWC sponsorship, is a
curtain-raiser for the upcoming Rugby World Cup (RWC) 2003 in
Australia in October and November. Visa sees the U21 tournament as
another opportunity to stimulate interest in RWC 2003 where it is
creating unique benefits for its member financial institutions and
their cardholders.
Visa's sponsorship of RWC 2003 has resulted in a number of
beneficial retail and travel programs with such participating
sponsors as British Airways, Avis, Coca Cola, and Heineken in Europe,
Africa and Asia Pacific, as well as providing up to 10'000 tickets
for cardholders to win worldwide when Visa cards are used during
these merchant and cardholder promotions.
Retailers are using both online and in-store materials to promote
special offers and incentives. Merchants are inviting cardholders to
participate in point-of-sale promotions that could earn them
discounts, gifts, tickets to local RWC 2003 matches or even a trip to
the Finals.
To further support the IRB U21 World Cup, Visa will work with its
team of world-class international Rugby Ambassadors -- Gavin
Hastings, Zinzan Brooke, John Eales and Francois Pienaar -- to help
popularize and publicize the event in participating nations around
the world. The four outstanding former players are working with Visa
on a number of marketing and public relations promotions around RWC
2003 to help bring the passion, power and teamwork of rugby to fans
worldwide.
"The young men taking the field during this tournament represent
the future representatives of their senior national sides," observed
Shepard. "Our sponsorship of this unique event represents Visa's
strong commitment to the future of the game of Rugby. We are proud to
be the presenting sponsors of this year's IRB U21 World Cup."
Over the years, the IRB U21 World Cup, formerly known as the
SANZAR/UAR U21, has been the proving ground for future national sides
featuring no fewer than 156 players who have gone on to win full
international caps.
Invitations have been sent to 12 nations to compete in the IRB
U21: South Africa, Australia, New Zealand, England, Wales, Scotland,
Ireland, France, Italy, Argentina, Canada and Japan. The IRB U21
tournament, which will be hosted by England's Rugby Football Union
(RFU), begins with pool matches on 13 June. Defending champions South
Africa will take on Ireland in the opening game. The Finals and
ranking positional matches will be played on 29 June.
About Visa
Visa is the world's leading payment brand generating US$2.4
trillion in annual card sales volume. Visa has unsurpassed acceptance
in more than 150 countries. The Visa organization plays a pivotal
role in developing innovative payment products and technologies to
benefit its 21,000 member financial institutions and their
cardholders. Visa is a leader in Internet based payments and is
pioneering the creation of u-commerce, or universal commerce -- the
ability to conduct commerce anywhere, anytime, and any way. For more
information, visit www.corporate.visa.com.

Contact:

Michael Sherman
Company: Visa International
Phone: 650-432-3923
E-Mail: sherman@visa.com

Ray Kerins
Company: GCI Group
Phone: 212-537-8039
E-Mail: rkerins@gcigroup.com

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