Fair Isaac Announces New Stock Repurchase Program and Declares Quarterly Cash Dividend

MINNEAPOLIS – Fair Isaac Corporation, the leading provider of analytics and decision technology, today announced that its Board of Directors has approved a common stock repurchase program to acquire up to $200 million of the company’s outstanding common stock.

This new program replaces Fair Isaac’s previous common stock repurchase program, which authorized the company to acquire up to $250 million of outstanding stock. Under the previous program, Fair Isaac purchased approximately 5.3 million shares of its common stock, at an aggregate cost of approximately $190.1 million.

As of July 29, 2005 Fair Isaac had approximately 65.4 million shares of common stock outstanding. The stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.

Fair Isaac also announced today that it has declared a two cent per share quarterly dividend, payable on September 21, 2005 to shareholders of record on September 9, 2005. The dividend was declared during a meeting of the company’s Board of Directors on August 29, 2005.