MasterCard Announces Annual Meeting Results; Stockholders Approve All Proposals and Elect Board of Directors

MasterCard Incorporated today announced in a press release the results of its Annual Meeting of Stockholders, held earlier today at the company’s global headquarters in Purchase, NY. Holders of the company’s Class A common stock elected eight Class A Directors, approved the 2006 Non-Employee Director Equity Compensation Plan and ratified the appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for 2006.

Addressing stockholders, MasterCard President and Chief Executive Officer Robert W. Selander said that although the company celebrates its 40th anniversary this year, it is in many ways a new company, with a strategy and new structure that differentiate it within the payments industry, enhance its competitiveness and pave the way for growth fueled by powerful market trends in global commerce.

"Armed with a unique business model — as a franchisor, processor and advisor— we are helping build a powerful web of economic connections, drive profitable growth for our customers and deliver value to our stockholders," Selander said