FALLS CHURCH, Va., March 28 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced that Thomas A. Feil joined the company as Director of Securitization. Mr. Feil will be responsible for Capital One's global securitization program, including domestic and international issuance.

"We are very excited that Tom is joining our award-winning team. His leadership and experience will further enhance Capital One's reputation as a top tier asset-backed securities issuer as we continue to expand internationally," said Susanna Tisa, Vice President and Treasurer. "We expect to increase investor interest through the pursuit of innovative securitization structures and benchmark deals."

Mr. Feil joins Capital One after ten years of securitization experience at MBNA, where he established its UK, Canadian and cross-border securitization programs. Mr. Feil is actively involved in regulatory issues affecting the securitization industry.

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 financial products and services to consumers. Capital One's subsidiaries collectively had 23.7 million customers and $20.2 billion in managed loans outstanding at December 31, 1999, and are among the largest providers of MasterCard and Visa credit cards in the world. Capital One is listed on the New York Stock Exchange under the ticker symbol "COF." In 1999, Capital One received the Alexander Hamilton Award, Treasury and Risk Management Magazine's highest honors for excellence in treasury practices. SOURCE Capital One Financial Corporation

CONTACT: Diana Don of Capital One Financial Corporation, 703-289-6815/