On Thursday, January 19, 2006, at approximately 4:05 p.m. Eastern Standard time, Capital One Financial Corporation will release its fourth quarter 2005 earnings results. Additionally, the company will host a conference call at 5:00 p.m. Eastern Standard time to review its financial and operating performance for the quarter ending December 31, 2005.

The call will be webcast live and the earnings release will be available on the company's homepage at www.capitalone.com. A replay of the webcast will be available 24 hours a day, beginning 2 hours after the conference call, through 5:00 p.m. Eastern Standard time on February 2nd, 2006, through the company's homepage.

About Capital One

Headquartered in McLean, Virginia, Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose principal subsidiaries, Capital One Bank, Capital One, F.S.B., Capital One Auto Finance, Inc., and Hibernia National Bank (www.hibernia.com), offer a variety of consumer lending and deposit products. Capital One's subsidiaries collectively had 49.2 million accounts and $84.8 billion in managed loans outstanding as of September 30, 2005. Capital One, a Fortune 500 company, trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 500 index.

CONTACT:
Capital One Financial Corporation, McLean
Mike Rowen
V.P., Investor Relations
703-720-2455
or
Tatiana Stead
Director, Corporate Media
703-720-2352