MASTERCARD INTERNATIONAL GIVES 
$2.5 MILLION TO DARDEN SCHOOL

	CHARLOTTESVILLE, Va., Nov. 29 -- MasterCard International
Incorporated will give the Darden School, the University of
Virginia's graduate school of business administration, $2.5 million
over five years to support the school's ongoing strategic initiative
focused on leadership and entrepreneurial thinking.
	MasterCard's gift will fund three programs:  an endowed
professorship, the MasterCard Distinguished Chair in Entrepreneurial
Leadership; the MasterCard Scholars program, which would provide
full tuition scholarships to five M.B.A. degree candidates each
year; and a research alliance investigating fundamental business
transformations in the consumer payments industry.  
	"Darden's sustained commitment to leadership and
entrepreneurial thinking supports MasterCard's vision of what
today's corporate leaders need to manage through continuous cycles
of change," said H. Eugene Lockhart, president and CEO of MasterCard
International.  "Our alliance with Darden provides an important
platform for MasterCard to explore the fundamental changes
confronting our industry today and at the same time help prepare
business leaders for the next century," he said.  Lockhart received
his M.B.A. degree from Darden in 1974 and was elected a member of
the Board of Trustees of the Darden School Foundation in October.
	"MasterCard's generosity will have a profound effect on the
entire Darden community, and will encourage synergy among the
School's research, course development, teaching, and admissions,"
said Leo I. Higdon Jr., dean of the Darden School.  "MasterCard's
multifaceted support for leadership and entrepreneurial thinking
will help capitalize on Darden's unique approach of teaching across
traditional disciplines to better prepare our students for the
challenging and ever-changing business environment."
	The Darden School Foundation has exceeded its original $45.5
million capital campaign goal for endowment and construction.  It is
part of the University's $750 million capital campaign that began in
October.  
	The Darden School, which is ranked among the nation's top
business schools, is celebrating its 40th anniversary this year.  In
January it will move into the new Darden Grounds, a five-building,
200,000-square-foot complex designed by Robert A.M. Stern.
	MasterCard International Incorporated is a global payments
company that provides consumer credit, debit and other payment
products in partnership with 22,000 member financial institutions
worldwide.  MasterCard's family of brands, MasterCard¨, Maestro¨ and
Cirrus¨, represent approximately 300 million cards in circulation,
and over 13 million acceptance locations, including 243,000
MasterCard/Cirrus ATMs worldwide.  MasterCard's pioneering work in
the areas of transaction processing and delivery systems continues
to revolutionize the way consumers pay for goods and services.
MasterCard can be reached through "Pointers," its World Wide Web
site, at http://www.mastercard.com.	
###
November 28, 1995