CORRECTING and REPLACING Calpian, Inc. Announces Shareholder Luncheon and Conference Call On November 8, 2012

DALLAS--(BUSINESS WIRE)--

Please replace the release (dated November 05, 2012) with the following corrected version due to multiple revisions.

The corrected release reads:

CALPIAN, INC. ANNOUNCES SHAREHOLDER LUNCHEON AND CONFERENCE CALL ON NOVEMBER 8, 2012

Calpian, Inc. CLPI, a leader in the payments industry with headquarters in the U.S. and emerging markets mobile payments operations in Mumbai, India, announced today that it will host a business update luncheon and a conference call on November 8, 2012.

LUNCHEON:

The luncheon will be held at 12:00 p.m. central time, at the Dallas Tower Club located at 1601 Elm Street, Suite 4800. To attend the luncheon, please email Michael Bayes at michaelbayes@liviakis.com.

The conference call will begin at 3:15 p.m., central time. Interested callers may follow the instructions below for more information, and may submit questions to management before, during and after the conference, by emailing: michaelbayes@liviakis.com.

CONFERENCE CALL:

Date: November 8, 2012

Time: 3:15 P.M. central time

Listen via Internet:

Schedule this webcast into MS-Outlook calendar (click open when prompted): http://investor.shareholder.com/media/eventdetail.cfm?eventid=121109&CompanyID=AMDA-1DRQ91&e=1&mediaKey=907E607C8C0D455D7FC5FFEBEA377639

Toll-free: (877) 303-9240

International: (760) 666-3571

Access code: 63800159

If you are unable to listen to the call on the 8th of November, the webcast will be archived on the Company's web site. You can also listen to a recording of the conference call until November 9, 2012. The reply number for US callers is (855) 859-2056 and for international callers is (404) 537-3406. The access code for both is: 63800159.

About Calpian

Calpian, Inc. CLPI is a publicly traded company with corporate offices in Dallas, Texas and mobile payments emerging-market operations through its subsidiary in India. Calpian's U.S. business focuses on the 10,000 Independent Sales Organizations (ISOs) that serve approximately 2 million small merchants across all industries in the U.S. who pay an estimated $1 billion in annual residuals. Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 110,000 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.

Forward-Looking Statement Disclaimer

This conference will contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified through the use of words such as “expects,” “intends,” “will,” “anticipates,” “estimates,” “believes,” “plans,” or statements indicating certain actions “may,” “could,” or “might” occur. Forward-looking statements involve risks and uncertainties. A number of factors could cause actual future results to differ materially from historical results or from those expressed or implied by such forward-looking statements, including those identified in our filings with the SEC, which are available at http://www.sec.gov. Such forward-looking statements are based on our best estimates of future results, performance or achievements, based on current conditions and our most recent results. We do not undertake to publicly update or revise our forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.