<PAGE> 1
EXHIBIT 99
GREENWOOD TRUST COMPANY RENAMED DISCOVER BANK
Riverwoods, Illinois, August 1, 2000 . . . Greenwood Trust Company, the
Delaware state-chartered, FDIC-insured bank that issues the Discover(R) Card,
announced today that it is changing its name to Discover Bank. The name change
went into effect on August 1, 2000.
"This change is a progressive step to better align the name of the bank
with its primary activity, issuance of the Discover Card," said Nathan Hill,
president and chief operating officer, Greenwood Trust Company. "We consider
ourselves to be an integral part of the Delaware community and honored to
continue to provide the community with the best in banking services."
Since 1986, Greenwood Trust Company has provided banking and financial
services to the community of Delaware. The name change will have no impact on
the bank's Discover Cardmembers or depositors. Although new materials will have
the Discover Bank name, depositors can continue to use checks and deposit slips
that have the Greenwood Trust Company name after August 1.
Discover Financial Services, a business unit of Morgan Stanley Dean Witter
& Co., operates the Discover Card brands with more than 50 million Cardmembers
and the Discover Business Services network. Discover Business Services is the
largest independent credit card network in the United States with more than 3.6
million merchant and cash access locations.
