FLEETCOR AND CFN ANNOUNCE MERGER

Atlanta / San Francisco (September 18, 2003) – FleetCor Technologies (“FleetCor”) and the Commercial Fueling Network (“CFN”) are pleased to announce the two companies have merged. The FleetCor-CFN combination creates the industry’s leading fleet card processing business, focused on serving the needs of petroleum marketers and business fleet operators.

CFN, established in 1988, is the premier provider of fleet card processing and networking services for commercial fueling cardlock operators. The CFN network is comprised of 350 petroleum marketers with 2,500 retail and cardlock fueling locations throughout the United States and Canada. “We see the fleet card industry entering a period of consolidation. FleetCor is a great fit for CFN, and CFN’s participants will be well served by the union,” says Fred Bertetta, CFN’s founder.

FleetCor Technologies was established in 2000 with the goal of becoming the leading fleet card issuing and processing company in the industry. Today, FleetCor’s card programs are marketed under a variety of private-label and proprietary brand names, including Fuelman, Gascard, and FleetNet. “CFN is the perfect complement to FleetCor’s fleet card family of solutions,” says FleetCor Chairman and CEO Ron Clarke. “We can now provide all petroleum market segments with a card solution that’s right for them.”

Together, FleetCor and CFN process more than 100 million transactions annually representing over $3 billion dollars in purchases. The combined company will be headed by Ron Clarke, and maintain a national network of 16 local company offices, including the existing Atlanta and San Francisco HQ locations.

For more information on FleetCor or CFN services, please visit the companies’ websites at www.fleetcor.com or www.cfnnet.com.