ADS » Topics » EXPLANATORY NOTE

This excerpt taken from the ADS 10-Q filed Nov 6, 2006.
EXPLANATORY NOTE
 
We are filing this Amendment No. 1 on Form 10-Q/A to correct two typographical errors in our Form 10-Q filed on November 6, 2006 (the “Original Filing”). Under Item 1. Financial Statements, page 5, the Net increase in seller’s interest and credit card receivables was incorrectly stated as 8,906 instead of (8,906) and Net cash used in investing activities was incorrectly stated as 202,049 instead of (202,049).
 
Except for the matters described above, this amendment does not modify or update disclosures in the Original Filing. Furthermore, except for the matters described above, this amendment does not change any previously reported financial results, nor does it reflect events occurring after the date of the Original Filing.
 
ALLIANCE DATA SYSTEMS CORPORATION
 
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