INTERNATIONAL BANK OF ASIA SELECTS EQUIFAX'S FBS SOFTWARE

ATLANTA and HONG KONG, Dec. 30, 1996-- One of Hong Kong's leading retail banks, International Bank of Asia, has selected Equifax to provide the computer software it will use to upgrade its credit card processing. The software system from Equifax subsidiary FBS Software is the first Unix-based platform installed for card processing in Hong Kong.

"We have both our mainframe and Unix products installed in the Hong Kong market now," said Larry Towe, FBS president. "International growth is a large part of our business strategy because we know we have the expertise and customer service capabilities to assist banks and other card issuers around the world. We're proud to be selected by IBA for this important installation."

The software package installed for IBA comes from Equifax's line of Unix products, known as MultiXpac. MultiXpac is a portfolio of advanced software systems for payment and credit card processing, accounting, point of sale and automated teller machine management. The Unix-based MultiXpac is particularly suited to bank operations with open systems.

Mr. Bashar Samra, Head of Consumer Banking at International Bank of Asia, stated, "In an extremely competitive market such as Hong Kong, delivering high value service is critical to maintain our leadership position. The FBS package we are acquiring is a key part of this effort, enabling us to meet customer requirements, monitor credit exposure and manage our portfolio to maximize profitability. I.A. has gained a reputation for innovation in consumer services, and this Equifax product will ensure that we continue this competitive edge."

The International Bank of Asia is known as a leading consumer-oriented organization and an award-winning credit card issuer.

The Atlanta-based FBS Software develops and licenses mainframe and Unix-based software for payment card processing, merchant portfolio processing and collections. Incorporated in 1986 as First Bankcard Systems, the company became a wholly owned subsidiary of Equifax Inc. in 1994. Leading financial institutions in the United States, Canada, the United Kingdom, Australia, Hong Kong, Thailand and Turkey have turned to FBS for expert and innovative solutions in the collections and electronic payment industries.

For more information on FBS Software, contact Mark Wingate, FBS Senior Vice President, at (404) 847-9988, or write to 1150 Lake Hearn Drive NE, Suite 500, Atlanta, GA 30342, USA.

Equifax Inc. (NYSE: EFX), committed to Global Information Leadership for the Information Age, is the leading provider of information services that help businesses grant credit, authorize and process credit card and check transactions and insure lives and property. Established in 1899 in Atlanta, Equifax today employs 14,000 people throughout North and South America, the United Kingdom and continental Europe. Revenues for the year ended Sept. 30, 1996, exceeded $1.7 billion.