Visa Will Fund Litigation Escrow Account with $150M

Visa Inc. V today announced that its board of directors had declared a quarterly dividend in the aggregate amount of $0.22 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on September 4, 2012, to all holders of record of the Company's class A, class B and class C common stock as of August 17, 2012. In addition, the Company announced it had decided to deposit $150 million into the litigation escrow account previously established under the Company's retrospective responsibility plan (the "Plan"). The funding calculations will be conducted in accordance with the Company's certificate of incorporation currently in effect. Under the terms of the Plan, when the Company funds the