Capital One, Washington Nationals and Junior Achievement Announce ''Sliding into Succe$$''; Chad Cordero to Launch Program That Teaches Students Important Financial Education Skills

WASHINGTON--(BUSINESS WIRE)--June 13, 2006--Today, Capital One, Washington Nationals' Chad Cordero and Junior Achievement of the National Capital Area launched an innovative financial educational initiative -- “Sliding Into Succe$$.” The interactive curriculum, based on baseball, will give approximately 1,000 students an opportunity to learn math skills, as well as basic budgeting and money management skills. Capital One, Washington Nationals and Junior Achievement of the National Capital Area created this program to empower students to work independently and as part of a team.

As part of the program, students will develop their own fantasy baseball team by calculating batting averages using individual player statistics. Students then build their team by evaluating various trade options and make player selections while staying within a specified budget. .

“Sliding into Succe$$ is a community-business partnership at its best,” said Carolyn Berkowitz, vice president of Community Affairs at Capital One. “Capital One, Washington Nationals and Junior Achievement of the National Capital Area are each delivering what they know best to the children of the Greater Washington region. The kids are the winners, learning financial education and other vital life skills from local heroes.”

Capital One announces Sliding into Succe$$ June 13, 2006

Washington Nationals All-Star Relief Pitcher Chad Cordero will visit with students at area schools or educational venues in the metropolitan DC area and during pre-game outings at RFK Stadium. At twenty games through September, fifty students, parents and teachers from twelve different youth-serving organizations will receive game tickets, giveaway bags and have an opportunity for an autograph session with Chad Cordero.

"Thanks to Capital One and Junior Achievement of the National Capital Area for stepping up to the plate to deliver this innovative and educational program to the children in our region,” said Chad Cordero, Washington Nationals All-Star Relief Pitcher. “I look forward to working with the participants and sharing my insight into baseball with the kids.”

Participating organizations include Asian American Leadership, Empowerment, & Development for Youth and Families, Beacon House, Concerned Black Men, Inc. of Washington, DC, Darrell Green Youth Life Foundation, Ferebee Hope Elementary School, Kid Power – DC, Inc., Linking Communities for Educational Access, PR Harris Educational Center, Smithsonian Anacostia Museum and Center for African American History and Culture.

About Capital One

Headquartered in McLean, Virginia, Capital One Financial Corporation (www.capitalone.com) is a financial holding company, with more than 316 locations in Texas and Louisiana. Its principal subsidiaries, Capital One Bank, Capital One, F.S.B., Capital One Auto Finance, Inc., and Capital One, N.A., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One's subsidiaries collectively had $47.8 billion in deposits and $103.9 billion in managed loans outstanding as of March 31, 2006. Capital One, a Fortune 500 company, trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 500 index.

About Junior Achievement

Junior Achievement of the National Capital Area (JANCA) is part of the world's largest and fastest-growing organization dedicated to educating young people about business, economics, and free enterprise. Through age-appropriate curricula, Junior Achievement programs teach students in grade K through 12 how they can impact the world around them as individuals, workers and consumers by focusing on economic literacy, entrepreneurship, personal finance, and workforce readiness. Today Junior Achievement reaches more than six million students worldwide and 28,000 in the Greater Washington Region. For more information, visit www.myJA.org.

CONTACT: Capital One Financial Corporation
Laura White, 804-310-9121
or Washington Nationals
Chartese Burnett, 202-541-1645
SOURCE: Capital One Financial Corporation