Equifax Sells Its Vehicle Business in the United Kingdom; Unit Sold to IMVA, Leading Vehicle Mileage Verification Company

4 January 2001
Equifax Sells Its Vehicle Business in the United Kingdom; Unit Sold to IMVA, Leading Vehicle Mileage Verification Company
    ATLANTA, Jan. 4 Equifax announced it has sold
HPI, its vehicle information business in the United Kingdom to IMVA, a leading
vehicle mileage verification specialist.  The sale price was approximately
$40 million.   The transaction was effective December 22, 2000 and resulted in
a one-time $0.01 per share loss on the sale to be recorded in the fourth
quarter, 2000.
    "The sale of HPI is part of Equifax's strategy to sustain Equifax's focus
on its core consumer credit and business information services in the UK.  At
the same time it enables HPI to continue to build on its position as a strong,
independent force for the UK retail auto industry," said Lee A. Kennedy,
Equifax president and chief operating officer.
    HPI and IMVA have worked together for several years as alliance partners
to counter odometer-tampering fraud.  This sale is a natural extension of that
relationship.  The transaction ensures continuity of technology and service
delivery for HPI customers.
    Equifax (http://www.equifax.com ), a worldwide leader in enabling and securing
global commerce, brings buyers and sellers together through its information
management, transaction processing, direct marketing, and customer
relationship management businesses.  Atlanta-based Equifax serves the
financial services, retail, credit card, telecommunications/utilities,
transportation, information technology and healthcare industries and
government.  Equifax adds knowledge, expertise, convenience and security to
provide value-added solutions and processes for its customers wherever they do
business, including the Internet and other networks.  Equifax employs about
13,000 associates in 17 countries with sales in almost 50 and has $1.9 billion
in revenue.
    Statements in this press release that relate to Equifax's 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 changes in worldwide and U.S.
economic conditions that materially impact consumer spending and consumer
debt, changes in demand for the Company's products and services, risks
associated with the integration of acquisitions and other investments, the
spin-off of Payment Services on a timely basis without adverse impact on the
Company's operations, and other factors discussed in the "forward-looking
information" section in the management's discussion and analysis included in
the annual report on Form 10-K for the year ended December 31, 1999 and 10-Q
for the period ending September 30, 2000.