Insider Trades - SAUNDERS JOSEPH W

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SAUNDERS JOSEPH W: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
VISA INC. Officer NYSE:V (historical quotes, profile, other insiders)	5-Nov-08 5-Dec-08	114,838 19,600 134,438	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
5-Dec-08 *9,800 V Purchase at $49 per share.
(Cost of $480,200)
3-Dec-08 *10,175 V Purchase at $50.46 per share.
(Cost of $513,430)
5-Nov-08 31,543 V Acquisition (Non Open Market) at $0 per share.
25-Mar-08 72,500 V Purchase at $44 per share.
(Cost of $3,190,000)
18-Mar-08 0 V Statement of Ownership
18-Mar-08 10,795 V Acquisition (Non Open Market) at $0 per share.

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
5-Dec-08	*9,800	V	Purchase at $49 per share. (Cost of $480,200)
3-Dec-08	*10,175	V	Purchase at $50.46 per share. (Cost of $513,430)
5-Nov-08	31,543	V	Acquisition (Non Open Market) at $0 per share.
25-Mar-08	72,500	V	Purchase at $44 per share. (Cost of $3,190,000)
18-Mar-08	0	V	Statement of Ownership
18-Mar-08	10,795	V	Acquisition (Non Open Market) at $0 per share.