Equifax Increases Presence In Central America

ATLANTA, April 9, 1998 -- Equifax Inc. the global information solutions company, announced today it has acquired majority interest in DICOM Centroamerica of El Salvador through its Chilean company, Equifax DICOM. DICOM Centroamerica, based in San Salvador, began operations in late 1996.

DICOM Centroamerica offers information services to financial institutions, retailers and service industries to evaluate credit risk using the latest technologies for database management and communication.

The other shareholders of DICOM Centroamerica include Bienes y Servicios, Grupo Financiero Cuscatlan, Corporacion Banco and Coporacion Excelencia - the leading banks of El Salvador.

"El Salvador is an important link in our global strategy as it establishes the first on-line credit information company in that region," said William R. Phinney, executive vice president and group executive, Equifax, Latin America. "Our goal is for continued development of information companies in Central America to meet the growing needs of those economies consistent with our commitment to all of Latin America," Phinney added.

Equifax launched its Latin American expansion in 1994 with investments in Chile's DICOM S.A. and in Argentina's Organizacion VERAZ S.A.

Equifax owns 100% of DICOM, the leading information provider in Chile and through that company has also established information businesses in Colombia and Peru. Equifax recently expanded its ownership in VERAZ to 66 2/3%. VERAZ is Argentina's largest consumer credit information company with more than 9 million records in its financial database and 25 million consumer names and addresses. Equifax is also expanding its information services in Mexico.

Equifax's worldwide knowledge-based information, transaction processing, consulting and software businesses are designed to bring buyers and sellers together, thus changing the shape of global commerce. Equifax serves the banking, financial, retail, credit card, telecommunications/utilities, automotive, government and health care industries. It is a leading supplier of business information solutions in Canada, the UK and Latin America. Equifax operates in 17 countries with sales in more than 40 countries. Founded in 1899 in Atlanta, Equifax (NYSE: EFX) today has 10,000 employees around the world. Revenues for the 12 months ended December 31, 1997, were $1.4 billion. Visit the company's Internet web site at http://www.equifax.com.