CompuCredit Corporation will announce its second quarter 2006 results on Wednesday, August 2, 2006, after the market closes. Management will hold a conference call on Wednesday, August 2, 2006 at 5:00 p.m. Eastern Standard Time. The press and the public are invited to listen to a live webcast of the call by registering at http://www.CompuCredit.com on Wednesday, August 2, 2006 prior to 5:00 p.m. Eastern Standard Time. A replay of the webcast will be accessible at http://www.CompuCredit.com.

CompuCredit Corporation is a specialty finance company and marketer of branded credit cards and related financial services. CompuCredit provides these services to consumers who are underserved by traditional financial institutions. Through corporate and affinity contributions focused on the underserved and un-banked communities, CompuCredit also uses its financial resources and volunteer efforts to address the numerous challenges affecting its customers. For more information about CompuCredit, visit http://www.CompuCredit.com.