Two Industry Veterans Join Equifax To Lead International Expansion Of Payment Processing

ATLANTA, February 17, 1998 -- Equifax today announced it was accelerating its global strategy by expanding its full line of transaction processing solutions, worldwide. Leading this global effort are industry veterans, Gerald A. Hines and Thomas R. Malin.

Equifax named Thomas R. Malin senior vice president, global development for card and retail operations. He is responsible for driving the Equifax Card and Retail Solutions' full line of services into non-U.S. markets through appropriate joint ventures and alliances. A 20-year veteran of the financial services industry, Malin joined Equifax from Electronic Data Systems where he was executive vice president and general manager of its card processing business.

Gerald A. Hines was named senior vice president in charge of card operations and technology. Hines has more than 27 years in the industry and comes to Equifax from AT&T Universal Card Services where he was chief operating officer.

Jerry Hines and Tom Malin will use their expertise and knowledge to lead our international as well as domestic growth," said Lee Kennedy, Equifax executive vice president and group executive, "which will continue to be significant in the coming years."

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 the banking, finance, retail, credit card, telecommunications/utilities and health care administration industries. Equifax is changing the shape of global commerce through growth and innovation, driven by technology and people. It operates globally 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.