Equifax Reports Record Revenue in First Quarter of 2006

Equifax Inc. today reported first quarter of 2006 earnings with record revenue. In the quarter, which ended March 31, net income was $63 million, a 7 percent increase from the first quarter of 2005. Revenue of $374 million was up 9 percent. Earnings per share totaled $0.48, an 8 percent increase from the first quarter of 2005.

“The momentum we established throughout 2005 continues with outstanding results in North America Information Services, Latin America and Marketing Services,” said Richard F. Smith, Equifax Chairman and Chief Executive Officer. “I continue to be impressed by the diversity of our business portfolio and our ability to capitalize on growth opportunities in many different markets.”

First Quarter 2006 Highlights

• Operating profit margin was 29 percent compared to 30 percent in the first quarter of 2005.

• Cash provided by operating activities for the first quarter of 2006 was $65 million.

• Equifax repurchased 1.2 million shares of its common stock on the open market for $45 million.

• The incremental impact on earnings per share during the first quarter of 2006 due to our adoption on January 1, 2006 of Statement of Financial Accounting Standards No. 123®, “Share-Based Payment” (“SFAS 123R”) was $0.01 per share.

North America
Total revenue was $304 million in the first quarter, an 8 percent increase from the first quarter of 2005. Operating margin for North America was 36 percent in the first quarter of 2006 compared to 38 percent in the first quarter of 2005.

• North America Information Services revenue was $208 million, up 8 percent compared to the first quarter of 2005.

• Marketing Services revenue was $66 million, up 12 percent compared to the first quarter of 2005.

• Personal Solutions increased revenue was $31 million, up 3 percent compared to the first quarter of 2005.

Europe
Total revenue was $35 million, down 5 percent compared to the first quarter of 2005. In local currency, however, revenue was up 3 percent when compared to the same period in the prior year. Operating margin was 25 percent, up from 22 percent in the first quarter of 2005.

Latin America
Total revenue rose to $35 million, up 37 percent compared to the first quarter of 2005. In local currency, revenue was up 22 percent when compared to the same period in the prior year. Operating margin was 27 percent, up from 25 percent in the first quarter of 2005.