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H&R Block Joins Green Dot(R) Financial Network to Enable Customers to Add Funds to Prepaid Debit Cards at Tens of Thousands of Retailers Nationwide

Posted on: Monday, 21 August 2006, 09:00 CDT

LOS ANGELES, Aug. 21 /PRNewswire/ -- Green Dot Corporation today announced that H&R Block has joined the Green Dot(R) Financial Network. H&R Block selected the Green Dot(R) Financial Network to allow its customers to add funds quickly and easily to H&R Block's prepaid debit cards, which the company offers as an alternative to traditional checks.

The easy-to-use process enables a customer to load funds onto his or her H&R Block card at tens of thousands of convenient Green Dot(R) Financial Network retail locations nationwide, including America's top retailers such as Rite Aid, Walgreens, RadioShack and CVS/pharmacy.

The multi-year agreement allows H&R Block to increase the retention of its prepaid cardholders while giving H&R Block customers a powerful financial tool. The year-round program is set to launch in mid-August.

"With 50,000 retail locations, Green Dot Financial Network has been designed with customer convenience in mind," said Steve Streit, CEO of Green Dot Corporation. "H&R Block prepaid debit cardholders will now be able to add funds to their cards in almost any neighborhood in the country."

About Green Dot Corporation

Green Dot Corporation is America's first and largest provider of retailer-sold prepaid debit cards. The company also operates the Green Dot Financial Network, among the nation's largest retail financial networks. The extensive network provides cash acceptance services such as prepaid card reloading and remittance cash collection at nearly 50,000 U.S. locations including Rite Aid, CVS/pharmacy, RadioShack, Walgreens, and The Pantry. Privately-held Green Dot is headquartered in the greater Los Angeles area. For more information, visit http://www.greendotcorp.com/.

About H&R Block

H&R Block Inc. is a leading provider of tax, financial, mortgage, accounting and business consulting services and products. H&R Block is the world's largest tax services provider, having prepared more than 400 million tax returns since 1955. The company and its subsidiaries generated revenues of $4.9 billion and net income of $490 million in fiscal year 2006. In fiscal year 2007, it is operating in four principal business segments: Tax Services (income tax preparation and advice via in-office, online and software solutions); Mortgage Services (wholesale mortgage originations and loan servicing); Consumer Financial Services (investment and financial advisory services, retail mortgage loans, and banking products and services); and Business Services (tax, accounting and consulting services for midsized businesses). Headquartered in Kansas City, Mo., H&R Block markets its services and products under three leading brands -- H&R Block, Option One and RSM McGladrey. For more information visit our Online Press Center at http://www.hrblock.com/.

Press Contact: Wynne Ahern Communication Strategies, LLC 510-658-8870 wynne@commstrat.net

Green Dot Corporation

CONTACT: Wynne Ahern of Communication Strategies, LLC, +1-510-658-8870,wynne@commstrat.net, for Green Dot Corporation

Web site: http://www.hrblock.com/

Web site: http://www.greendotcorp.com/

Source: PRNewswire

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