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Contact:
Dave Mooney
Public Relations, Equifax
404-885-8117 (o)

EQUIFAX AND NCTDE HAVE CONSUMER TELECOMMUNICATIONS DATABASE UP AND RUNNING

National Consumer Telecommunications Data Exchange Flourishes with Three Million Records in First Months


ATLANTA, June 25, 1998 -- Equifax, selected in 1997 to create and manage the first national telecommunications industry database of unpaid consumer telephone accounts, has that database up, running and providing results. The National Consumer Telecommunications Data Exchange (NCTDE) became fully operational in March, 1998.

"We are very excited with the initial operation of NCTDE," said Ken Akins, executive director of the new not-for-profit organization of telecommunications carriers. "NCTDE already contains more than three million account records and that number is growing daily."

NCTDE is a unique organization of telecommunications carriers who have joined forces to help each other reduce uncollectible consumer accounts and improve credit risk evaluation. It was formed in January, 1997, with founding members AT&T Corp.; BellSouth Telecommunications, Inc.; Citizens Utilities Company; Frontier Communications Services, Inc.; IXC Communications Inc.; MCI Telecommunications Corporation; NYNEX Long Distance Company; Sprint Communications Company, L.P.; and Worldcom Technologies Inc. Recently, GTE joined as the first charter member and Qwest/LCI International joined as the first regular member.

"Our expanding partnership with the telecommunications industry is a highlight of Equifax’s success in providing knowledge-based information solutions to our customers worldwide," said Jeffrey L. Dodge, Equifax senior vice president. "The NCTDE database is performing beyond all of our initial expectations."

Steve Bowden of Sprint and president of NCTDE, said, "Unfortunately, some residential customers move from carrier to carrier without paying for services provided. The NCTDE was designed from the ground up by risk management professionals within the telecommunications industry to alert each other of potential credit and fraud risks. Based on the information we have reviewed, this is exactly what the database is providing."

Technology facilitates member access to the database through Equifax’s unique MultiVision platform, which serves as an interface for a wide array of products and services dedicated to assessing and mitigating risk in the telecommunications and utilities industries. These are available to all telecommunications companies in configurations ranging from system-to-system to desk-top interfaces.

The NCTDE database is managed in accordance with the requirements of the Fair Credit Reporting Act, as are the databases of the other 11 regional residential exchanges Equifax manages throughout the country for regional telephone companies and utilities. Consumers are supported by a specialized team of information consultants at the Equifax Information Service Center.

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 March 31, 1998, were more than $1.4 billion. Visit the company’s Internet web site at http://www.equifax.com. # # #

Statements in this press release that relate to future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements. Those factors could include worldwide and U.S. economic conditions, changes in demand for the company’s products and services, risks associated with the integration of acquisitions and other investments, and other factors discussed in the "forward-looking information" section in the management’s discussion and analysis included in the company’s annual report on Form 10-K for the year ended December 31, 1997.

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