Press Release

Equifax Reports First Quarter 2009 Results

First quarter revenue was $452.9 million, up 1 percent on a reported basis and 2 percent in constant dollars, over the fourth quarter of 2008.
First quarter EPS was $0.43 and first quarter adjusted EPS was $0.58.

ATLANTA, April 22, 2009 -- Equifax Inc. (NYSE: EFX) today announced financial results for the quarter ended March 31, 2009. The company reported revenue of $452.9 million in the first quarter of 2009, a 10 percent decrease from the first quarter of 2008, of which 6 percent was due to the unfavorable effect of foreign exchange rates. First quarter 2009 net income was $54.4 million, down from $65.7 million in the prior year. Diluted earnings per share ("EPS") for the first quarter of 2009 was $0.43 compared to $0.50 in the same period of the prior year. On a non-GAAP basis, EPS, excluding the impact of acquisition-related amortization expense and a restructuring charge ("adjusted EPS"), was $0.58.
"First quarter results were solid in a very difficult environment," said Richard F. Smith, Equifax's Chairman and Chief Executive Officer. "As our senior executives continue to be deeply involved with our larger customers, it is clear that the current environment is significantly impacting customers' long term business strategies. Their strategies are changing and this will drive new opportunities as the recovery gets underway. Our ongoing investments in new product innovation, new market initiatives and strategic acquisitions are positioning us to address those needs and should further strengthen our overall market position. In these volatile times, we continue to balance our short term obligations with the long term opportunities to grow and deliver value to our shareholders."

First Quarter 2009 Highlights
Revenue grew 1 percent on a reported basis and 2 percent in constant dollars, versus the fourth quarter, led by strong growth in TALX.

During the first quarter of 2009, we took further steps to reduce operating expenses and we recorded an $8.4 million restructuring charge for severance expense associated with staff reductions.
Operating margin was 22.7 percent compared to 25.1 percent in the first quarter of 2008. On a non-GAAP basis, excluding the impact of the restructuring charge, operating margin was 24.5 percent in the first quarter of 2009.
We repurchased 0.4 million of our common shares on the open market for $9.1 million during the first quarter of 2009. At March 31, 2009, our remaining authorization for future share repurchases was $149.1 million.

U.S. Consumer Information Solutions (USCIS)
Total revenue was $210.0 million in the first quarter of 2009, a 10 percent decrease from the first quarter of 2008 and a slight increase from the fourth quarter of 2008.

Online Consumer Information Solutions revenue was $137.2 million, down 13 percent from a year ago;
Mortgage Solutions revenue was $25.4 million, up 45 percent;
Credit Marketing Services revenue was $27.3 million, down 23 percent; and
Direct Marketing Services revenue was $20.1 million, down 14 percent.

Operating margin for USCIS was 36.0 percent in the first quarter of 2009, down from 38.6 percent in the first quarter of 2008. Fourth quarter operating margin was 36.4 percent.

International
Total revenue was $100.8 million in the first quarter of 2009, a 22 percent decrease from the first quarter of 2008. In local currency, revenue was down 2 percent when compared to the same period in the prior year. Compared to the first quarter of 2008:

Latin America revenue was $45.9 million, up 7 percent in local currency, but down 14 percent in U.S. dollars;
Europe revenue was $33.1 million, down 8 percent in local currency and down 31 percent in U.S. dollars; and
Canada Consumer revenue was $21.8 million, down 7 percent in local currency and down 25 percent in U.S. dollars.

Operating margin for International was 28.7 percent in the first quarter of 2009, down from 30.5 percent in the first quarter of 2008 and up from fourth quarter operating margin of 27.0 percent.

TALX
Total revenue was $87.9 million in the first quarter of 2009, a 10 percent increase from the first quarter of 2008. Compared to the first quarter of 2008:

The Work Number revenue was $40.6 million, up 12 percent; and
Tax and Talent Management Services revenue was $47.3 million, up 9 percent; Tax Management Services revenue growth more than offset a revenue decline in Talent Management Services.

Operating margin was 21.5 percent, up from 16.0 percent in the first quarter of 2008.

North America Personal Solutions
Total revenue was $38.4 million, an 11 percent decrease from the first quarter of 2008. Operating margin was 15.5 percent, down from 25.7 percent in the first quarter of 2008.

North America Commercial Solutions
Total revenue was $15.8 million, down 1 percent in local currency and down 8 percent in U.S. dollars compared to the first quarter of 2008. Operating margin was 14.4 percent, down slightly from 15.3 percent in the first quarter of 2008.

Second Quarter 2009 Outlook
Based on the current level of domestic and international business activity and current foreign exchange rates, Equifax expects consolidated revenue for the second quarter of 2009 to be comparable to up slightly when compared to the first quarter of 2009. Adjusted EPS is expected to be between $0.55 and $0.60.

About Equifax Inc. (www.equifax.com)
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, employment and income verification and human resources business process outsourcing services, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.

Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability. Businesses - large and small - rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, HR/payroll services, and much more. We empower individual consumers to manage their personal credit information, protect their identity and maximize their financial well-being.

Headquartered in Atlanta, Georgia, Equifax Inc. operates in the U.S. and 14 other countries throughout North America, Latin America and Europe. Equifax is a member of Standard & Poor's (S&P) 500® Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.

Earnings Conference Call and Audio Webcast
In conjunction with this release, Equifax will host a conference call tomorrow, April 23, 2009, at 8:30 a.m. (EDT) via a live audio webcast. To access the webcast, go to the Investor Center of our website at www.equifax.com. The discussion will be available via replay at the same site shortly after the conclusion of the webcast. This press release is also available at that website.

Non-GAAP Financial Measures
This earnings release presents operating income and operating margin excluding restructuring charge, and net income and diluted EPS excluding acquisition-related amortization expense and restructuring charge, both net of tax. These are important financial measures for Equifax but are not financial measures as defined by GAAP.
These non-GAAP financial measures should be reviewed in conjunction with the relevant GAAP financial measures and are not presented as alternative measures of operating income, operating margin, net income or EPS as determined in accordance with GAAP.
Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures and related notes are presented in the Q&A. This information can also be found under "Investors/GAAP/Non-GAAP Measures" on our website at www.equifax.com.

Forward-Looking Statements
Management believes certain statements in this earnings release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of management's views and assumptions regarding future events and business performance as of the time the statements are made. Management does not undertake any obligation to update any forward-looking statements.
Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by Equifax, including restructuring or strategic initiatives (including capital investments or asset acquisitions or dispositions), as well as from developments beyond Equifax's control, including but not limited to changes in worldwide and U.S. economic conditions that materially impact consumer spending, consumer debt and employment, changes in demand for Equifax's products and services, our ability to develop new products and services, pricing and other competitive pressures, our ability to achieve targeted cost efficiencies, risks relating to illegal third party efforts to access data, risks associated with our ability to complete and integrate acquisitions and other investments, changes in laws and regulations governing our business, including federal or state responses to identity theft concerns, and the outcome of our pending litigation. Certain additional factors are set forth in Equifax's Annual Report on Form 10-K for the year ended December 31, 2008 under Item 1A, "Risk Factors", and our other filings with the Securities and Exchange Commission.

Jeff Dodge
Investor Relations
(404) 885-8804
jeff.dodge@equifax.com

Tim Klein
Media Relations
(404) 885-8555
tim.klein@equifax.com

ENDS