ChoicePoint Announces Share Repurchase Program

ALPHARETTA, GA – ChoicePoint Inc. (NYSE: CPS) announced today that its Board of Directors has approved the repurchase of up to $250 million in Company stock, based on ChoicePoint’s growth and strong cash flow.

“Our strong financial performance continues to generate significant cash flow, providing us with the flexibility to invest internally in our business and make acquisitions,” noted ChoicePoint Chairman and Chief Executive Officer Derek V. Smith. “With the strength of our business, we also have the opportunity to drive shareholder value by buying back our stock while investing in the growth of our business.”

The company recently reported record second quarter total revenue of $266.0 million. The company also reported operating income of $58.9 million and earnings per share of $0.40. Operating cash flow increased 14 percent for the first six months of the year to $116.3 million. Net debt was approximately $69.0 million as of June 30, 2005.

The open market repurchase program will be effective ten days following the filing of the company’s Form 10-Q for the period ended June 30, 2005 with the U.S. Securities and Exchange Commission. ChoicePoint has approximately 90 million common shares outstanding.