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News Release

May 21, 1997 at 12:00 AM EDT

(May 21, 1997) - Capital One's Web site was featured on the 6:00 evening news on WRIC-TV in Richmond on May 21. The story focused on how college graduates can now use the Internet to assist in their job searches. The report highlighted Capital One as an excellent example of a local company that uses its Web site to attract high-quality candidates. On the Web site, candidates can "search for the jobs that meet their particular needs and wants." The reporter called the Capital One Web site a "win-win" for both the company and for job seekers.

Headquartered in Falls Church, Virginia, Capital One Financial Corporation (www.capitalone.com) is a holding company whose principal subsidiaries, Capital One Bank and Capital One, F.S.B., offer consumer lending products. Capital One's subsidiaries collectively had 14.9 million customers and $16.3 billion in managed loans outstanding as of September 30, 1998, and are among the largest providers of Master Card 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.