TSYS® Announces 2001 Quarterly Cash Dividend

Columbus, Ga., May 15, 2001 - TSYS (NYSE: "TSS") today announced a quarterly cash dividend of $0.015 per share. The cash dividend is payable on July 2, 2001, to shareholders of record as of the close of business on June 21, 2001.

TSYS brings integrity and innovation to the world of electronic payments. TSYS serves as the integral link between buyers and sellers in the rapidly evolving universe of electronic payments. With almost 200 million accounts on file, TSYS makes it possible for millions of consumers to use their credit, debit, stored value, commercial, chip and retail cards any time, anywhere, through any medium or portal. TSYS and its family of companies offer a full range of acquiring and issuing services from accepting electronic payments for goods and services, to credit applications and collections. Based in Columbus, Ga., TSYS (NYSE: "TSS") (www.tsys.com) processes for clients in 21 countries, in 11 currencies, in three languages and maintains operations in Canada, Mexico, Japan and the United Kingdom. TSYS is an 80.8-percent-owned subsidiary of Synovus Financial Corp. (NYSE: "SNV") (www.synovus.com), No. 8 on FORTUNE magazine’s list of the "100 Best Companies To Work For" in 2001. For more information, contact news@tsys.com.

Contacts:
Leo S. Berard
Investor Relations Manager
ph. (706) 644-6081