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Martie Edmunds Zakas
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404/885-8304

Dave Mooney
Public Affairs, Equifax Inc.
404/885-8117

Equifax Board Raises Share Repurchase Amount By $200 Million; Declares Regular Quarterly Dividend


Atlanta, Oct.29, 1997-- The Equifax Board of Directors today authorized an increase in the amount of corporate funds available for the repurchase of Equifax shares by $200 million. The Board also approved a regular quarterly dividend of 8.75 cents per share.

The announcements were made at the regular quarterly meeting of the Board of Directors at Equifax headquarters, this morning, at which Vice Chairman and CEO Daniel W. McGlaughlin's plans to retire at the end of this year were made public, and Thomas F. Chapman was elected to be the new President and CEO, effective January 1, 1998 (See related release).

The $200 million increase brings the total funds available for stock repurchase to $253 million. Equifax has purchased $548.4 million worth of its stock on the open market, during the last six years, at an average purchase price of $15.62, an excellent investment for shareholders. A total of $98.5 million in Equifax stock has been repurchased this year.

"This equals the largest single amount ever authorized by Equifax for open market stock repurchase," said Dan McGlaughlin "and represents a continuation of a financial strategy adopted in 1992, that has significantly increased shareholder value."

CEO-Elect Tom Chapman added: "Given our confidence in both the short-and long-term outlook for Equifax business and in our ability to continue to expand globally, we feel that this action is in the best interests of our shareholders."

The Board also declared a regular quarterly dividend of 8.75 cents per share, payable on December 15, 1997 to shareholders of record November 24, 1997. The amount was raised earlier in the year at the Annual Meeting, from 8.25 cents to the current 8.75 cents. This is the 84th consecutive year that the company has paid dividends to its shareholders.

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