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Capital One is Giving Away an Island

August 31, 2004 at 2:01 PM EDT

Escaping to Your Own Private Island Could Become a Reality

MCLEAN, Va., Aug 31 /PRNewswire-FirstCall/ -- Thanks to Capital One's No Hassle Island Giveaway, one lucky consumer will find it easier than ever to escape to their own tropical paradise. With a little luck -- and by watching their mailbox for Capital One mail -- consumers will have an opportunity to win their own private island. The Capital One No Hassle Island Giveaway game cards will be in mailboxes beginning September 1, 2004 -- a specially designed envelope with the island logo will be visible. Consumers just need to open their mail and scratch off for a chance to win valuable prizes, including the Grand Prize, their own tropical island plus spending money (total value of approximately $1 million).

(Photo: http://www.newscom.com/cgi-bin/prnh/20040831/DCTU019 )

Consumers will also have opportunities to win island-destination vacations as 90 weeklong vacation first prizes and 200 weekend getaway second prizes will be awarded (valued at approximately $14,000 and $4,200 respectively).

"Not only does Capital One offer outstanding products and services," said Bill McDonald, Executive Vice President of Brand Marketing for Capital One, "but we offer consumers exciting opportunities simply by opening their mail from us. This promotion is just one of many to ensure that dreamers are able to reach their goals, whether they're personal, professional, or financial."

Why is this a 'no hassle' giveaway?

No purchase is necessary to enter or win island-related prizes from the No Hassle Island Giveaway. To be eligible to win, consumers do not have to sign up for a Capital One credit card and do not have to be an existing Capital One customer -- they simply have to open their mail. Capital One has made it that easy.

In addition, all prizes include spending money to ensure that winners enjoy a memorable, relaxing getaway.

About Capital One

Capital One Financial Corporation (http://www.capitalone.com) is a holding company whose principal subsidiaries, Capital One Bank and Capital One FSB, offer consumer lending products. Capital One, a Fortune 500 company headquartered in McLean, Va., is one of the largest providers of MasterCard and Visa credit cards in the world. Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 500 index. Sweepstakes ends 12/15/04. This Game open only to legal residents of the U.S., its territories and possessions (excluding residents of Texas and Puerto Rico), 21 years of age or older at time of entry and is void in Texas, Puerto Rico and where prohibited. Please visit http://www.capitalone.com to see the official rules of the sweepstakes.

SOURCE Capital One Financial Corporation

CONTACT: Diana Don Colby of Capital One, +1-703-720-2371; or Sabina
Albirt, salbirt@mww.com, or April Guillerme, aguillerme@mww.com,
+1-201-507-9500, both for Capital One
Web site: http://www.capitalone.com
(COF)