Alliance Data Systems NYSE : ADS

1/29/2003


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Table of Contents

Alliance Data Systems NYSE : ADS

Agenda

4th Q Company Highlights

4th Q Company Highlights

2002 Company Highlights

Growth Engines

Utility Market Success

Long Term, Strategic Relationships

Deregulation: Then vs. Now

Industry Trends

Top Reasons for Outsourcing

Case Study:

Utility Market

Utility Market

PPT Slide

4th Quarter Segment Results

Full Year Segment Results

Historical Review 2000 - 2002

PPT Slide

2003 Outlook

2003 Free Cash Flow ($MM, Except per Share)

2000 – 2003 (in $MM, except per share)

Questions and Answers

Author: Greg Denning