Industry News | April 8, 2002

ALLIED DOMECQ QSR SIGNS PREFERRED ALLIANCE AGREEMENT WITH CHASE MERCHANT

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Melville, NY (April 8, 2002)-- Chase Merchant Services, L.L.C., a joint venture between Chase Merchant Ventures, Inc., a subsidiary of JPMorgan Chase Bank (NYSE:JPM) and First Data Merchant Services Corporation, a subsidiary of First Data Corp. (NYSE: FDC), announced today that Allied Domecq QSR, doing business as Dunkin' Donuts, Baskin Robbins, and Togo's Eateries Inc., a subsidiary of Allied Domecq, PLC, a London-based global purveyor of food and spirits that bear many of the world's finest brand names (London Stock Exchange - ALLD), has signed a three-year agreement with Chase Merchant Services, naming them the exclusive vendor of payment processing services for Allied Domecq QSR's franchisees.

Under the agreement, Chase Merchant Services will provide Allied Domecq QSR, which includes the restaurant brands Dunkin' Donuts, Baskin Robbins, & Togo's Eateries, the ability to accept credit cards from customers. Allied Domecq QSR operates more than 10,000 locations in the U.S., Canada, and other countries worldwide with system wide sales of more than $3.8 billion in 2001.

"After weighing many options, we selected Chase Merchant Services because of its competitive pricing structure, extensive reporting abilities and expertise in processing," said, Adrien Deberghes, assistant treasurer, Allied Domecq, QSR. "Our day-to-day operations rely on rapidly and efficiently serving our customers. Chase Merchant Services will help us to accomplish this."

"Chase Merchant Services is aggressively moving into the quick service restaurant sector, enabling clients such as Dunkin' Donuts, Baskin Robbins,and Togo's Eateries to accept credit cards and provide additional payment options to consumers," said Phillip M Miller, president and chief executive officer of Chase Merchant Services. "We look forward to developing a productive and mutually beneficial relationship."