Affinion Group, Inc. Announces Results For The First Quarter Ended March 31, 2008

July 31, 2008

Message from Nat Lipman

Today, Affinion Group released its operating results for the second quarter ended June 30, 2008, and we had another solid quarter. Revenue was $354.3 million, as compared to $333.3 million in the second quarter last year, with $76.5 million of Adjusted EBITDA generated this quarter, as compared to $65.4 million for the second quarter of 2007.

In spite of one of the most challenging economic environments our affinity partners and their customers have experienced in some time, our results for the quarter confirm the resiliency of our business model and strategy. While we don't project any near-term improvements in the macro economic environment, we are comfortable with the attainability of our targets, and, accordingly, we reaffirm our 2008 Adjusted EBITDA guidance of $305 to $315 million.

These accomplishments are the result of top line growth and in the profitability of both our North American and International regions.

Sincerely,

Nathaniel J. Lipman
President and CEO, Affinion Group

AFFINION GROUP, INC. ANNOUNCES RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2008

ACHIEVES SECOND QUARTER ADJUSTED EBITDA
OF $76.5 MILLION
TRAILING TWELVE-MONTH ADJUSTED EBITDA
OF $304.0 MILLION
COMPANY REAFFIRMS 2008 ADJUSTED EBITDA GUIDANCE OF $305 - $315 MILLION

NORWALK, Conn., July 31, 2008 - Affinion Group, Inc. ("Affinion" or the "Company"), a leading global affinity marketer of value-added membership, insurance and package enhancement programs and services to consumers, today announced its financial results for the three month period ended June 30, 2008.

"In spite of one of the most challenging economic environments our affinity partners and their customers have experienced in some time, our results for the quarter were strong, and confirm the resiliency of our business model and strategy" said Nathaniel J. Lipman, Affinion's President and Chief Executive Officer. Commenting further on the results, Lipman added, "While we don't project any near-term improvements in the macro economic environment, we are comfortable with the attainability of our targets, and, accordingly, we reaffirm our 2008 Adjusted EBITDA guidance of $305 to $315 million."

Net Revenue and Adjusted EBITDA Chart

Affinion Group | 209 Seventh Ave. N. | Nashville TN, 37219