Thursday, July 26, 2007

ChoicePoint(R) Reports Second Quarter 2007 Results

Service revenue from continuing operations grew 3 percent from the second quarter of 2006, led by Insurance Services Segment growth of 12 percent.

- Net Free Cash Flow more than tripled from the second quarter of 2006 to $61.7 million for the quarter.

- Repurchased 1.2 million shares during the quarter, bringing total shares acquired since inception of the program to approximately 20 percent of outstanding shares.
ALPHARETTA, Ga., July 25 /PRNewswire-FirstCall/ -- For the second quarter of 2007, ChoicePoint Inc. (NYSE: CPS - News) reported a 3.3 percent increase in service revenue from continuing operations to $264.0 million, compared to $255.5 million for the second quarter of 2006. Total revenue from continuing operations was $269.4 million in the second quarter of 2007, compared to $260.6 million for the second quarter of 2006. Diluted earnings per share from continuing operations ("EPS") for the second quarter of 2007 was $0.43, compared to $0.40 for the second quarter of 2006. Excluding the other operating charges detailed in the table below, EPS would have been $0.44 for the second quarter of 2007, compared to $0.43 in the second quarter of 2006.

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