For the second year in a row, Capital One Financial Corporation (NYSE: COF) ranked in Computerworld's listing of the "100 Best Companies to Work in IT." Capital One ranked number 23. The company is one of only two Virginia-based enterprises to be listed in the top 25.

Marge Connelly, Senior Vice President responsible for IT operations, said, "At Capital One, we have a unique entrepreneurial culture. Through our innovative compensation, benefits and training programs, we've built a company of owners who are committed to creating value for our customers and our stockholders. Not only do we have the latest technology and software, but we also have the best and brightest people driving results. The reason we have received this accolade is that we have built an environment in which our associates are empowered to fulfill their potential and truly excel."

Capital One prides itself for continuously improving human resources practices to benefit associates. Among the programs that differentiate the company from other employers are the number of ongoing training and development courses (in fact training is so important that the company has a department, called The IT University, dedicated to IT training), outstanding benefits, and entrepreneurial compensation that is based on performance. Additionally, Capital One created an innovative orientation program--for all employees--that assimilates new associates into the culture of the company.

"We listen and learn from our associates," said Laura Olle, Senior Business Information Officer responsible for IT development and business partner relationships. "Twice a year we survey our associates to determine how we can best meet their needs. At Capital One we look at taking care of our IT associates and their overall well being. Being named to Computerworld's 100 list confirms we're providing unique employment opportunities for the people who come to work at Capital One."

Currently, Capital One employs 16,000 associates worldwide. Capital One employs IT associates at sites in Virginia, Texas, Florida, Washington State, Idaho, and Massachusetts as well as London and Nottingham, England. Capital One is on the Fortune Magazine list of 'Best Places to Work.'

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. offers consumer-lending products. Capital One's subsidiaries collectively had 25.2 million accounts and $20.3 billion in managed loans outstanding as of March 31, 2000. As one of the largest providers of MasterCard and Visa credit cards in the world, Capital One was recently named to the FORTUNE 500. Capital One is one of the major financial services providers on the Internet, with on-line account decisioning, real-time account numbering, on-line retail deposits and more than 370,000 customers serviced on-line. Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 500 index.

Capital One Financial Corporation

Capital One Financial Corporation

Headquartered in McLean, Virginia, Capital One Financial Corporation (www.capitalone.com) is a financial holding company, with more than 720 locations in New York, New Jersey, Connecticut, Texas and Louisiana. Its principal subsidiaries, Capital One Bank, Capital One, F.S.B., Capital One Auto Finance, Inc., Capital One, N.A., and North Fork Bank offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One's subsidiaries collectively had $87.7 billion in deposits and $142.0 billion in managed loans outstanding as of March 31, 2007. Capital One, a Fortune 500 company, trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.

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