Equifax Increases Ownership In Argentina's Largest Credit Information Company

ATLANTA, February 24, 1998 ---- Equifax Inc. today announced it has increased its ownership in Organizacion Veraz S.A. to 66 2/3%. Veraz is Argentina's largest consumer credit information company, serving Argentina's banks and other financial institutions with over 9 million records in the financial database and 25 million consumer names and addresses.

"Increasing ownership in Veraz demonstrates our belief in the company's strength and its continuing potential for growth," said Thomas F. Chapman, Equifax president and CEO. "Veraz will continue to provide high quality information-based solutions to facilitate commerce throughout Argentina."

Equifax entered into a joint venture in May 1994 with Gabriel Yelin, a Veraz founding family member and BANELCO, a consortium of Argentina's largest banks, for ownership of Veraz. Equifax bought Yelin's interest in Veraz to become the majority owner. Veraz's revenues in 1997 exceeded $20 million.

Equifax and BANELCO said there would be no change in the present management of Veraz.

Equifax expects to broaden Veraz's services in response to the increasing development of credit in the Argentina market, incorporating new information sources, broadening geographic reach, and increasing value to the products and services offered.

William R. Phinney, Equifax executive vice president and group executive for Latin America said, "Increasing ownership in Veraz demonstrates our commitment to this very important market which has been a leader in the use of information for financial transactions and will enable Equifax to further expand the line of value added products in the future."

Equifax is a global leader in providing information, processing, consulting and software solutions that facilitate and enhance buyer-seller transactions worldwide. The company serves businesses in banking, finance, retail, credit card, telecommunications/utilities and health care administration and the consumer. Equifax is changing the shape of global commerce through growth, innovation, driven by technology and people. It operates in 17 countries with sales in 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.