8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 21, 2003

CHOICEPOINT INC.

(Exact name of registrant as specified in its charter)

Georgia	001-13069	58-2309650
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

1000 Alderman Drive
Alpharetta, Georgia 30005
(Address of principal executive offices, including zip code)

(770) 752-6000
(Registrant’s telephone number, including area code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Item 7 (c). Exhibits

Exhibit 99.1	Press Release of ChoicePoint Inc., dated October 21, 2003, reporting ChoicePoint Inc.’s financial results for the third quarter of 2003.
Exhibit 99.2	Supplemental Information prepared for use in connection with the financial results for the third quarter of 2003.

Item 9. Regulation FD Disclosure

     The information contained in this Item 9 is being furnished to the Securities and Exchange Commission (the “Commission”) pursuant to Item 12 of Form 8-K, “Disclosure of Results of Operations and Financial Condition,” as directed by the Commission in Release No. 34-47583.

     On October 21, 2003, we issued a press release announcing third quarter 2003 financial results. The press release is filed as Exhibit 99.1 to this report on Form 8-K and is incorporated herein by reference.

     The press release presented non-GAAP financial information that ChoicePoint believes is useful because it allows investors to perform meaningful comparisons of the Company’s results for 2002 and 2003.

     On October 21, 2003, ChoicePoint held an investor conference call and Webcast to disclose financial results for the third quarter of 2003. The Supplemental Information package that was placed on the ChoicePoint Inc. Website prior to this call is attached and incorporated by reference herein as Exhibit 99.2. All information in this Supplemental Information package is presented as of September 30, 2003, and ChoicePoint Inc. does not assume any obligation to correct or update said information in the future.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 21, 2003.
	CHOICEPOINT INC. (Registrant)
	By:	/s/ Derek V. Smith
		Derek V. Smith
		Chairman and Chief Executive Officer
	By:	/s/ Steven W. Surbaugh
		Steven W. Surbaugh
		Chief Financial Officer (Principal Financial Officer)

Exhibit Index

Exhibit No.
Exhibit 99.1	Press Release of ChoicePoint Inc., dated October 21, 2003, reporting ChoicePoint Inc.’s financial results for the third quarter of 2003.
Exhibit 99.2	Supplemental Information prepared for use in connection with the financial results for the third quarter of 2003.

EX-99.1 3 g85384exv99w1.txt EX-99.1 PRESS RELEASE DATED OCTOBER 21, 2003 EXHIBIT 99.1 FOR IMMEDIATE RELEASE Contact: John Mongelli Investor Relations (770) 752-6171 CHOICEPOINT(R) REPORTS THIRD QUARTER RESULTS ALPHARETTA, GA. - OCTOBER 21, 2003 - ChoicePoint Inc. (NYSE: CPS), today reported third quarter total revenue of $201.5 million, resulting in revenue growth over the comparable period of 2002 of 7 percent. Excluding $12.4 million of reimbursable expenses grossed up as revenue under EITF 01-14, third quarter core revenue was $189.1 million. This core revenue represents a 6 percent increase over comparable revenue in the third quarter of 2002. Related to the previously announced consolidation of certain public records and drug testing operations and the reengineering of our e-mail direct marketing business, the Company recorded an additional charge of $4.0 million ($2.5 million after tax) during the third quarter of 2003. Total earnings per share ("EPS") for the third quarter was $0.32 per share which includes the $0.03 per share dilutive effect of the aforementioned charge. Excluding the effect of this charge, EPS would have been $0.35 per share. "As expected, weak customer spending in our Marketing Services segment impacted our results this quarter. I am nevertheless pleased with the underlying trends I am seeing in many of our businesses heading into 2004 and the progress we're making against our long-term growth initiatives," commented Derek V. Smith, chairman and CEO. Chief Financial Officer Steven W. Surbaugh added, "While we achieved our revised expectations, the softness in our Marketing Services segment and the cycling of the 2002 homeland security successes tempered our comparable operating results for the quarter, and will also impact our fourth quarter comparables. We have analyzed our operations and are confident of our long-term revenue and profit prospects. I am very pleased that our balance sheet and cash flows continue to remain very strong and provide us significant flexibility to execute our business strategies over the long-term." ChoicePoint Earnings Page 2 of 10 FINANCIAL HIGHLIGHTS - - Core revenue increased 6 percent to $189.1 million for the third quarter of 2003 from $178.8 million for the third quarter of 2002. Internal revenue (which represents core revenue less revenue from acquisitions) declined 1 percent from the third quarter of 2002, primarily related to the continued weakness in our Marketing Services businesses. Third quarter 2003 total revenue increased 7 percent to $201.5 million from $188.9 million in 2002. - - Operating income was $47.8 million for the third quarter of 2003 compared to $50.0 million for the third quarter of 2002. Excluding the realignment charges discussed below, operating income was $51.8 million for the third quarter of 2003, an increase of 4 percent from 2002. - - In the third quarter of 2003, the Company recorded an additional pre-tax charge of $4.0 million ($2.5 million net of taxes) related to the previously announced consolidation of certain public records and drug testing operations and the reengineering of our e-mail direct marketing business. Due to recent changes in accounting principles which preclude recognition until specific conditions or events occur, the Company also anticipates recording an additional pre-tax realignment charge of $2 million to $5 million in connection with this realignment during the fourth quarter of the year. Through September 30, 2003, the Company has recorded $23.8 million of realignment charges against the previously announced estimate in the mid $20 million range. The fourth quarter range of estimated charges relates primarily to our on-going review of the Marketing Services segment. - - Free cash flow (net cash provided by operating activities of continuing operations of $42.4 million less capital expenditures of $10.5 million) was a very strong $31.8 million for the third quarter of 2003, an increase of $5.8 million compared to $26.0 million for the third quarter of 2002. - - Net debt (total debt less cash) for the nine months ended September 30, 2003, decreased by $90.3 million to $57.8 million as we used proceeds from the first quarter sale of CPCS and cash from operations to pay down debt. Our additional remaining debt capacity under our committed financing lines is approximately $355 million. ChoicePoint Earnings Page 3 of 10 - - During the quarter ended September 30, 2003, the Company acquired TML Information Services, Inc., a provider of MVRs to the insurance industry, and effective September 30, 2003, ChoicePoint acquired certain assets of Bridger Systems, Inc., related to its authentication products which assist customers in their compliance with OFAC, USA PATRIOT Act and other requirements, and certain assets of insuranceDecisions, Inc., a provider of full service claims administration applications to the P&C commercial lines insurance industry. Effective October 1, 2003, the Company acquired CITI Network, Inc. d/b/a Apartment Screening and Processing (ASAP), a provider of residential screening services to apartment communities located in Florida. OPERATIONAL HIGHLIGHTS INSURANCE SERVICES - - Total revenue increased 11 percent to $78.1 million in the third quarter of 2003 compared to $70.5 million in the prior year, including an internal revenue growth rate of 10 percent. These results exclude CPCS which was sold in February 2003 and is reported as discontinued operations in the accompanying financial information. The personal lines business posted strong mid-teen internal growth driven by marketplace acceptance of new products and increased unit volumes in the personal lines business. A decline in internal revenues at Insurity Inc. due to the project-oriented nature of its operations impacted the overall growth rate for the segment during the quarter. - - Operating income in Insurance Services was $44.0 million for the third quarter of 2003, up 18 percent from $37.2 million in the prior year. Operating profit margin in Insurance Services for the quarter was 56.3 percent, 360 basis points above 52.7 percent in the third quarter of 2002. The increase in operating income is due primarily to the revenue growth discussed above and product mix. BUSINESS & GOVERNMENT SERVICES - - Total revenue increased 10 percent to $87.1 million in the third quarter of 2003 compared to $79.3 million in the prior year primarily due to growth from acquisitions and our nursery initiatives, which offset declines in our public records and drug testing product lines and ChoicePoint Earnings Page 4 of 10 tougher homeland security revenue comparisons verses the third quarter of 2002. Internal revenue declined 4 percent for the third quarter of 2003 over the comparable period in 2002. - - Operating income in Business & Government Services was $18.7 million for the third quarter of 2003, down 5 percent from $19.5 million in the prior year primarily due to change in product mix. Operating profit margin in Business & Government Services for the third quarter of 2003 was 21.4 percent. While above the average margin for the first six months of 2003, the margins were negatively impacted this quarter by product mix and additional expenses incurred in our new product initiatives. MARKETING SERVICES - - In the third quarter of 2003, revenue excluding reimbursable expenses decreased 18 percent over the prior year from $27.5 million in 2002 to $22.6 million in 2003 due primarily to weakness in our e-mail and print products. The internal revenue declined 22 percent. Total revenue for the segment decreased 7 percent from $37.6 million in 2002 to $35.0 million in 2003. The Company excludes the revenue from reimbursable expenses in its operational analyses because these items are fully reimbursed by our customers without markup and have no impact on operating income, net income, EPS, cash flows or the balance sheet. - - Operating income in Marketing Services was $3.6 million for the third quarter of 2003, down 58 percent from $8.5 million in the prior year due to lower revenues. Third quarter operating profit margin, as a percentage of revenue without reimbursable expenses, was 15.8 percent (10.2 percent of total revenue). OUTLOOK Based on recent business trends, ChoicePoint continues to expect full year core revenue growth to be in the 8 to 10 percent range. Additionally, the Company expects year-over-year margin expansion of up to 100 basis points based on these revenue assumptions and lower costs associated with the cost reduction initiatives taken in the second and third quarters of 2003. WEBCAST ChoicePoint's third quarter results will be discussed in more detail on October 21, 2003, at 8:30 am EDT via teleconference. The live audio Webcast of the call will be available on ChoicePoint Earnings Page 5 of 10 ChoicePoint's Web site at www.choicepoint.com. There will also be a replay of the call available beginning at approximately 10:00 am EDT at the same Web address. About ChoicePoint ChoicePoint Inc. (NYSE: CPS) is the leading provider of identification and credential verification services for making smarter decisions in a world challenged by increased risks. Serving the needs of business, government, non-profit organizations and individuals, ChoicePoint works to create a safer and more secure society through the responsible use of information while ensuring the protection of personal privacy. For more information about ChoicePoint, visit the Company's Web site at www.choicepoint.com. Forward-Looking Statements Certain written statements in this release and oral statements made by or on behalf of the Company may constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Words or phrases such as "should result," "are expected to," "we anticipate," "we estimate," "we project," or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include, but are not limited to, the following important factors: demand for the Company's services, product development, maintaining acceptable margins, ability to control costs, the impact of federal, state and local regulatory requirements on the Company's business, including the public records market and privacy matters affecting the Company, the impact of competition and the uncertainty of economic conditions in general. Additional information concerning these and other risks and uncertainties is contained in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2002. Readers are cautioned not to place undue reliance on forward-looking statements, since the statements speak only as of the date that they are made, and the Company undertakes no obligation to publicly update these statements based on events that may occur after the date of this press release. ChoicePoint Earnings Page 6 of 10 CHOICEPOINT INC. Financial Highlights

(Unaudited) Three Months Ended Nine Months Ended September 30, September 30, ------------- ------------- (Dollars in thousands, except per share data) 2003 2002 2003 2002 - --------------------------------------------- ---- ---- ---- ---- Core revenue (a) ............................................ $ 189,116 $ 178,832 $ 561,900 $ 509,638 Revenue from divested and discontinued product lines ........ -- -- -- 72 --------- --------- --------- --------- Revenue from products and services .......................... 189,116 178,832 561,900 509,710 Reimbursable expenses per EITF 01-14 (b) .................... 12,402 10,098 33,816 30,040 --------- --------- --------- --------- Total revenue ............................................... 201,518 188,930 595,716 539,750 ========= ========= ========= ========= Cost of services ............................................ 100,963 93,162 299,736 266,244 Reimbursable expenses ....................................... 12,402 10,098 33,816 30,040 Selling, general and administrative expenses ................ 36,357 35,680 104,085 103,179 Other operating charges (c) ................................. 4,022 -- 23,839 7,342 --------- --------- --------- --------- Total costs and expenses .................................... 153,744 138,940 461,476 406,805 Operating income ............................................ 47,774 49,990 134,240 132,945 Interest expense ............................................ (608) (2,017) (2,424) (6,672) --------- --------- --------- --------- Income from continuing operations before income taxes ....... 47,166 47,973 131,816 126,273 Provision for income taxes .................................. 18,111 18,415 50,617 48,470 --------- --------- --------- --------- Income from continuing operations ........................... 29,055 29,558 81,199 77,803 Income from discontinued operations, net of taxes (d) ....... -- 1,704 991 4,986 Gain on sale of discontinued operations, net of taxes (d) ... -- -- 32,893 -- Cumulative effect of change in accounting principle, net of taxes (e) .......................................... -- -- -- (24,416) --------- --------- --------- --------- Net income .................................................. $ 29,055 $ 31,262 $ 115,083 $ 58,373 ========= ========= ========= ========= EPS - diluted: Income from continuing operations ..................... $ 0.32 $ 0.33 $ 0.91 $ 0.87 Discontinued operations, net of taxes ................. -- 0.02 0.01 0.06 Gain on sale of discontinued operations, net of taxes . -- -- 0.37 -- Cumulative effect of change in accounting principle, net of taxes ........................................ -- -- -- (0.28) --------- --------- --------- --------- Net Income ............................................ $ 0.32 $ 0.35 $ 1.28 $ 0.65 ========= ========= ========= ========= Weighted average shares - diluted ......................... 89,866 89,612 89,579 89,425 ========= ========= ========= ========= EBITDA (f) .................................................. $ 61,141 $ 61,443 $ 174,135 $ 165,419

ChoicePoint Earnings Page 7 of 10 CHOICEPOINT INC. Financial Highlights (continued) RECONCILIATION TO FINANCIAL INFORMATION EXCLUDING OTHER OPERATING CHARGES (C)

(Unaudited) Three Months Ended Nine Months Ended September 30, September 30, ------------- ------------- (Dollars in thousands, except per share data) 2003 2002 2003 2002 ---- ---- ---- ---- Operating income ................................................. $ 47,774 $ 49,990 $ 134,240 $ 132,945 Add back other operating charges (c) ............................. 4,022 -- 23,839 7,342 --------- --------- --------- --------- Operating income before other operating charges .................. 51,796 49,990 158,079 140,287 Interest Expense ................................................. (608) (2,017) (2,424) (6,672) --------- --------- --------- --------- Income from continuing operations before income taxes & other .... 51,188 47,973 155,655 133,615 operating charges Provision for income taxes ....................................... 19,656 18,415 59,771 51,288 --------- --------- --------- --------- Income from continuing operations before other operating charges . $ 31,532 $ 29,558 $ 95,884 $ 82,327 ========= ========= ========= ========= Effective tax rate ............................................... 38.4% 38.4% 38.4% 38.4% Earnings per share - diluted excluding other operating charges ... $ 0.35 $ 0.33 $ 1.07 $ 0.92 EBITDA excluding other operating charges (f) ..................... $ 65,163 $ 61,443 $ 197,974 $ 172,761

(a) Core revenue excludes revenue from reimbursable expenses (see (b) below) and divested and discontinued product lines. The Company uses the core revenue metric to measure its continuing operations without the effect of reimbursable expenses. (b) Reimbursable expenses per Emerging Issues Task Force ("EITF") 01-14 represent out-of-pocket expenses fully reimbursed by ChoicePoint's customers and recorded as revenues and expenses in accordance with EITF 01-14 "Income Statement Characterization of Reimbursements Received for `Out-of-Pocket' Expenses Incurred". As these expenses are fully reimbursed, without mark-up, by our customers and in a majority of cases prepaid by the customers, there is no impact on operating income, net income, EPS, cash flows or the balance sheet. In addition, management excludes these expenses from its revenue analysis for operational management and incentive purposes; therefore, we have separately identified these expenses and excluded the impact of them from calculations of core revenue, internal revenue growth and operating margins. Other pass-through expenses such as motor vehicle registry fees will continue to be accounted for on a net basis and, as such, excluded from revenues in our financial statements in accordance with generally accepted accounting principles. Third quarter pass-through expenses totaled $148.8 million in 2003 and $131.1 million in 2002. Pass-through expenses totaled $449.2 million for the nine months ended September 30, 2003 and $366.4 million for the nine months ended September 30, 2002. (c) During the first nine months of 2003, the Company recorded other operating charges of $23.8 million ($14.7 million net of taxes) as a result of the realignment of our technology infrastructure and operations following the divestiture of our CPCS business, the transition to our new data center, down-sizing of our e-mail marketing business and the further consolidation of some of our public records and drug testing operations. This charge included asset impairments of $15.5 million primarily related to closed facilities or abandoned technology in the realignment, $3.7 million in severance and termination benefits, and $4.6 million of abandoned lease and other contractual commitments. During the second quarter of 2002, the Company recorded other operating charges of $7.3 million ($4.5 million net of taxes). This charge included a write-down of minority investments in start-up companies of $2.4 million, asset impairments of technology initiatives of $3.0 million, $0.5 million in severance and termination benefits and $1.4 million of expenses primarily related to the closure of two facilities and remaining obligations. The Company has presented analysis with and without these items because they represent costs that management excludes in its assessments of operating results and in determining operational incentive awards. ChoicePoint Earnings Page 8 of 10 (d) On February 28, 2003, the Company sold its CPCS operating unit. The pre-tax proceeds from the sale of CPCS were approximately $87 million. CPCS is reported as a discontinued operation for all periods presented and the results of its operations are reflected separately from the results of continuing operations. (e) The change in accounting principle, net of taxes represents the goodwill impairment charge recorded by the Company retroactive to January 1, 2002 in accordance with Financial Accounting Standards Board ("FASB") Statement No. 142, "Goodwill and Other Intangible Assets," ("FASB Statement No. 142"). (f) Earnings before interest, taxes, depreciation and amortization ("EBITDA"), is not presented as a substitute for operating income, net income or cash flows from operating activities. The Company has included EBITDA data (which are not a measure of financial performance under generally accepted accounting principles) because such data are used by the Company to compare its performance to its competitors and to manage its on-going business and is also used by certain investors to analyze and compare companies on the basis of operating performance, leverage and liquidity, and to determine a company's ability to service debt. CHOICEPOINT INC. Financial Highlights (continued)

(Unaudited) Nine Months Ended September 30, ------------- (Dollars in thousands) 2003 2002 - ---------------------- ---- ---- CASH FLOW HIGHLIGHTS Income from continuing operations ........................................ $ 81,199 $ 77,803 Depreciation & amortization .............................................. 39,895 32,474 Changes in assets & liabilities and other ................................ 15,378 (19,991) --------- --------- Net cash provided by operating activities of continuing operations ....... $ 136,472 $ 90,286 Net cash (used) provided by activities of discontinued operations ........ $ (35,848) $ 7,448 Acquisitions & investments, net of cash acquired ......................... $ (74,593) $ (45,680) Cash proceeds from sale of business ...................................... 87,000 -- Capital expenditures ..................................................... (32,217) (35,431) Other investing activities ............................................... -- -- ========= ========= Net cash used by investing activities .................................... $ (19,810) $ (81,111) Net cash used by financing activities .................................... $(100,776) $ (47,561)

KEY BALANCE SHEET HIGHLIGHTS September 30, 2003 - ---------------------------- ------------------ Debt ..................................................................... $ 72,203 Cash ..................................................................... 14,397 -------- Debt (net of cash) ....................................................... $ 57,806 Shareholders' Equity ..................................................... $756,606 Days sales outstanding (adjusted for pass through expenses) .............. 39 days

ChoicePoint Earnings Page 9 of 10 CHOICEPOINT INC. 2003 SEGMENT RESULTS

Q1 2003 Q2 2003 Q3 2003 ------- ------- ------- REVENUE Insurance Services $ 76,134 $ 77,922 $ 78,100 Business & Government Services 80,995 83,792 87,080 Marketing Services 25,573 25,676 22,631 Royalty 1,303 1,389 1,305 --------- --------- --------- Core Revenue 184,005 188,779 189,116 Divested & Discontinued Product Lines -- -- -- --------- --------- --------- Revenue from products and services 184,005 188,779 189,116 Reimbursable Expenses per EITF 01-14 10,944 10,470 12,402 --------- --------- --------- Total Revenue $ 194,949 $ 199,249 $ 201,518 ========= ========= ========= OPERATING INCOME Insurance Services $ 42,436 $ 44,364 $ 43,998 Business & Government Services 15,571 18,585 18,652 Marketing Services 6,908 7,374 3,580 Royalty 646 626 416 Income from Reimbursable Expenses -- -- -- Divested & Discontinued Product Lines -- -- -- Corporate & Shared Expenses (a) (13,758) (16,469) (14,850) --------- --------- --------- Operating Income before other charges (b) $ 51,803 $ 54,480 $ 51,796 ========= ========= ========= Other operating charges (b) -- (19,817) (4,022) --------- --------- --------- Operating Income $ 51,803 $ 34,663 $ 47,774 ========= ========= ========= CORE REVENUE (REVENUE W/O REIMBURSABLE EXPENSES AND DIVESTED & DISCONTINUED PRODUCT LINES) GROWTH RATE 16.0% 9.6% 5.8% INTERNAL REVENUE GROWTH RATES Insurance Services 17.2% 15.0% 10.1% Business & Government Services 3.9% -2.5% -3.9% Marketing Services -2.4% -13.6% -21.7% Continuing operations 8.1% 2.4% -1.2% OPERATING MARGINS Insurance Services 55.7% 56.9% 56.3% Business & Government Services 19.2% 22.2% 21.4% Marketing Services 27.0% 28.7% 15.8% Operating income before other operating charges, percentage of revenue from products and services (b) 28.2% 28.9% 27.4% Operating income, as a percentage of total revenue 26.6% 17.4% 23.7%

(a) Corporate and shared expenses represent costs of support functions, research and development initiatives, incentives and profit sharing that benefit all three segments. (b) The Company has presented analysis above with and without these items because they represent costs that management excludes in its assessments of operating results and in determining operational incentive awards. ChoicePoint Earnings Page 10 of 10 CHOICEPOINT INC. 2002 SEGMENT RESULTS

Q1 2002 Q2 2002 Q3 2002 Q4 2002 Total 2002 ------- ------- ------- ------- ---------- REVENUE Insurance Services $ 64,140 $ 67,031 $ 70,495 $ 68,616 $ 270,282 Business & Government Services 69,116 75,713 79,307 84,625 308,761 Marketing Services 23,717 27,950 27,467 26,699 105,833 Royalty 1,597 1,542 1,563 1,153 5,855 --------- --------- --------- --------- --------- Core revenue 158,570 172,236 178,832 181,093 690,731 Divested & Discontinued Product Lines 72 -- -- -- 72 --------- --------- --------- --------- --------- Revenue from products and services 158,642 172,236 178,832 181,093 690,803 Reimbursable Expenses per EITF 01-14 10,019 9,923 10,098 8,480 38,520 --------- --------- --------- --------- --------- Total Revenue $ 168,661 $ 182,159 $ 188,930 $ 189,573 $ 729,323 ========= ========= ========= ========= ========= OPERATING INCOME Insurance Services $ 35,024 $ 35,502 $ 37,163 $ 36,950 $ 144,639 Business & Government Services 12,520 17,293 19,549 20,062 69,424 Marketing Services 7,405 9,232 8,509 7,720 32,866 Royalty 997 933 932 464 3,326 Income from Reimbursable Expenses -- -- -- -- -- Divested & Discontinued Product Lines (206) -- -- -- (206) Corporate & Shared Expenses (11,518) (16,885) (16,163) (15,619) (60,185) --------- --------- --------- --------- --------- Operating Income before other charges $ 44,222 $ 46,075 $ 49,990 $ 49,577 $ 189,864 ========= ========= ========= ========= ========= Other operating charges -- (7,342) -- -- (7,342) --------- --------- --------- --------- --------- Operating Income $ 44,222 $ 38,733 $ 49,990 $ 49,577 $ 182,522 ========= ========= ========= ========= ========= CORE REVENUE (REVENUE W/O REIMBURSABLE EXPENSES AND DIVESTED & DISCONTINUED PRODUCT LINES) GROWTH RATE 18.0% 22.9% 16.9% 20.1% 19.4% INTERNAL REVENUE GROWTH RATES Insurance Services 17.5% 17.0% 18.5% 18.0% 17.8% Business & Government Services -3.8% 5.6% 12.3% 17.6% 8.4% Marketing Services 3.4% 5.4% 4.9% 6.7% 5.2% Continuing operations 5.7% 10.0% 13.4% 15.6% 11.4% OPERATING MARGINS Insurance Services 54.6% 53.0% 52.7% 53.9% 53.5% Business & Government Services 18.1% 22.8% 24.6% 23.7% 22.5% Marketing Services 31.2% 33.0% 31.0% 28.9% 31.1% Operating income before other operating charges, as a percentage of revenue from products and services 27.9% 26.8% 28.0% 27.4% 27.5% Operating income, as a percentage of total revenue 26.2% 21.3% 26.5% 26.2% 25.0%

# # # EX-99.2 4 g85384exv99w2.txt EX-99.2 SUPPLEMENTAL FINANCIAL INFORMATION . . . Exhibit 99.2 CHOICEPOINT INC. OPERATING RESULTS BY QUARTER PROFORMA OPERATING INCOME WITHOUT GOODWILL AMORTIZATION (A)

Total Total Total 1998 1999 2000 Q1 2001 Q2 2001 Q3 2001 ---- ---- ---- ------- ------- ------- Insurance Services Revenue $ 148,017 $ 161,056 $ 189,822 $ 54,263 $ 57,283 $ 58,734 Business & Government Svcs Revenue 150,169 187,999 233,270 61,921 64,875 70,608 Marketing Services Revenue 6,340 42,946 63,549 16,586 16,150 22,054 Royalty Revenue 6,636 6,219 6,364 1,657 1,807 1,630 --------- --------- --------- --------- --------- --------- Core Revenue (c) $ 311,162 $ 398,220 $ 493,005 $ 134,427 $ 140,115 $ 153,026 ========= ========= ========= ========= ========= ========= Revenue from Divested & Discontinued Lines (b) 106,063 64,035 54,613 8,902 9,272 5,877 --------- --------- --------- --------- --------- --------- Revenue from products and services (d) $ 417,225 $ 462,255 $ 547,618 $ 143,329 $ 149,387 $ 158,903 Reimbursable Expenses per EITF 01-14 (d) 6,069 38,131 37,392 8,950 8,139 10,816 --------- --------- --------- --------- --------- --------- Total Revenue $ 423,294 $ 500,386 $ 585,010 $ 152,279 $ 157,526 $ 169,719 ========= ========= ========= ========= ========= ========= Insurance Services Operating Income (a) $ 66,941 $ 78,335 $ 95,549 $ 27,257 $ 30,410 $ 31,945 Business & Government Svcs Operating Income (a) 12,613 9,006 38,747 13,323 13,330 13,633 Marketing Services Operating Income (a) 1,819 12,856 23,460 5,390 6,772 7,077 Royalty Operating Income 3,903 3,483 3,804 1,051 1,191 1,011 Income from Reimbursable Expenses -- -- -- -- -- -- Divested & Discontinued Operating Income (a) (b) 14,947 16,651 9,250 (279) 67 (464) Corporate (27,611) (33,619) (43,503) (10,843) (13,929) (12,525) --------- --------- --------- --------- --------- --------- Operating Income before other operating charges $ 72,612 $ 86,712 $ 127,307 $ 35,899 $ 37,841 $ 40,677 ========= ========= ========= ========= ========= ========= Other operating charges (e) 5,049 513 (28,419) (17,865) -- (10,853) --------- --------- --------- --------- --------- --------- OPERATING INCOME $ 77,661 $ 87,225 $ 98,888 $ 18,034 $ 37,841 $ 29,824 ========= ========= ========= ========= ========= ========= CORE REVENUE GROWTH RATE 28.0% 23.8% 14.7% 13.6% 20.9% OPERATING MARGINS Insurance Services 45.2% 48.6% 50.3% 50.2% 53.1% 54.4% Business & Government Services 8.4% 4.8% 16.6% 21.5% 20.5% 19.3% Marketing Services 28.7% 29.9% 36.9% 32.5% 41.9% 32.1% Divested & Discontinued Lines* 14.1% 26.0% 16.9% -3.1% 0.7% -7.9% ChoicePoint excluding other operating charges, as a percentage of revenue from products and services (d) 17.4% 18.8% 23.2% 25.0% 25.3% 25.6% OPERATING INCOME AS A PERCENTAGE OF REVENUE FROM PRODUCTS AND SERVICES (D) 18.6% 18.9% 18.1% 12.6% 25.3% 18.8%

Total Q4 2001 2001 Q1 2002 Q2 2002 Q3 2002 Q4 2002 ------- ---- ------- ------- ------- ------- Insurance Services Revenue $ 57,447 $ 227,727 $ 64,140 $ 67,031 $ 70,495 $ 68,616 Business & Government Svcs Revenue 70,005 267,409 69,116 75,713 79,307 84,625 Marketing Services Revenue 21,671 76,461 23,717 27,950 27,467 26,699 Royalty Revenue 1,714 6,808 1,597 1,542 1,563 1,153 --------- --------- --------- --------- --------- --------- Core Revenue (c) $ 150,837 $ 578,405 $ 158,570 $ 172,236 $ 178,832 $ 181,093 ========= ========= ========= ========= ========= ========= Revenue from Divested & Discontinued Lines (b) 192 24,243 72 -- -- -- --------- --------- --------- --------- --------- --------- Revenue from products and services (d) $ 151,029 $ 602,648 $ 158,642 $ 172,236 $ 178,832 $ 181,093 Reimbursable Expenses per EITF 01-14 (d) 10,123 38,028 10,019 9,923 10,098 8,480 --------- --------- --------- --------- --------- --------- Total Revenue $ 161,152 $ 640,676 $ 168,661 $ 182,159 $ 188,930 $ 189,573 ========= ========= ========= ========= ========= ========= Insurance Services Operating Income (a) $ 30,895 $ 120,507 $ 35,024 $ 35,502 $ 37,163 $ 36,950 Business & Government Svcs Operating Income (a) 15,917 56,203 12,520 17,293 19,549 20,062 Marketing Services Operating Income (a) 7,152 26,391 7,405 9,232 8,509 7,720 Royalty Operating Income 1,147 4,400 997 933 932 464 Income from Reimbursable Expenses -- -- -- -- -- -- Divested & Discontinued Operating Income (a) (b) (292) (968) (206) -- -- -- Corporate (11,981) (49,278) (11,518) (16,885) (16,163) (15,619) --------- --------- --------- --------- --------- --------- Operating Income before other operating charges $ 42,838 $ 157,255 $ 44,222 $ 46,075 $ 49,990 $ 49,577 ========= ========= ========= ========= ========= ========= Other operating charges (e) -- (28,718) -- (7,342) -- -- --------- --------- --------- --------- --------- --------- OPERATING INCOME $ 42,838 $ 128,537 $ 44,222 $ 38,733 $ 49,990 $ 49,577 ========= ========= ========= ========= ========= ========= CORE REVENUE GROWTH RATE 19.7% 17.3% 18.0% 22.9% 16.9% 20.1% OPERATING MARGINS Insurance Services 53.8% 52.9% 54.6% 53.0% 52.7% 53.9% Business & Government Services 22.7% 21.0% 18.1% 22.8% 24.6% 23.7% Marketing Services 33.0% 34.5% 31.2% 33.0% 31.0% 28.9% Divested & Discontinued Lines* -152.1% -4.0% -286.1% n/a n/a n/a ChoicePoint excluding other operating charges, as a percentage of revenue from products and services (d) 28.4% 26.1% 27.9% 26.8% 28.0% 27.4% OPERATING INCOME AS A PERCENTAGE OF REVENUE FROM PRODUCTS AND SERVICES (D) 28.4% 21.3% 27.9% 22.5% 28.0% 27.4%

Total 2002 Q1 2003 Q2 2003 Q3 2003 ---- ------- ------- ------- Insurance Services Revenue $ 270,282 $ 76,134 $ 77,922 $ 78,100 Business & Government Svcs Revenue 308,761 80,995 83,792 87,080 Marketing Services Revenue 105,833 25,573 25,676 22,631 Royalty Revenue 5,855 1,303 1,389 1,305 --------- --------- --------- --------- Core Revenue (c) $ 690,731 $ 184,005 $ 188,779 $ 189,116 ========= ========= ========= ========= Revenue from Divested & Discontinued Lines (b) 72 -- -- -- --------- --------- --------- --------- Revenue from products and services (d) $ 690,803 $ 184,005 $ 188,779 $ 189,116 Reimbursable Expenses per EITF 01-14 (d) 38,520 10,944 10,470 12,402 --------- --------- --------- --------- Total Revenue $ 729,323 $ 194,949 $ 199,249 $ 201,518 ========= ========= ========= ========= Insurance Services Operating Income (a) $ 144,639 $ 42,436 $ 44,364 $ 43,998 Business & Government Svcs Operating Income (a) 69,424 15,571 18,585 18,652 Marketing Services Operating Income (a) 32,866 6,908 7,374 3,580 Royalty Operating Income 3,326 646 626 416 Income from Reimbursable Expenses -- -- -- -- Divested & Discontinued Operating Income (a) (b) (206) -- Corporate (60,185) (13,758) (16,469) (14,850) --------- --------- --------- --------- Operating Income before other operating charges $ 189,864 $ 51,803 $ 54,480 $ 51,796 ========= ========= ========= ========= Other operating charges (e) (7,342) -- (19,817) (4,022) --------- --------- --------- --------- OPERATING INCOME $ 182,522 $ 51,803 $ 34,663 $ 47,774 ========= ========= ========= ========= CORE REVENUE GROWTH RATE 19.4% 16.0% 9.6% 5.8% OPERATING MARGINS Insurance Services 53.5% 55.7% 56.9% 56.3% Business & Government Services 22.5% 19.2% 22.2% 21.4% Marketing Services 31.1% 27.0% 28.7% 15.8% Divested & Discontinued Lines* -286.1% n/a n/a n/a ChoicePoint excluding other operating charges, as a percentage of revenue from products and services (d) 27.5% 28.2% 28.9% 27.4% OPERATING INCOME AS A PERCENTAGE OF REVENUE FROM PRODUCTS AND SERVICES (D) 26.4% 28.2% 18.4% 25.3%

(a) FASB Statement No. 142 discontinued the amortization of goodwill as of January 1, 2002. For comparison purposes, the above data excludes goodwill amortization in 1998-2001 as if FASB No. 142 was effective January 1, 1998. (b) Divested & Discontinued Lines represents products and lines of businesses that were discontinued or divested, but which do not qualify for discontinued operations accounting. (c) Core revenue represents revenue from continuing business lines and is used by management to assess and manage its on-going businesses and to determine operational incentive awards (d) Reimbursable expenses represent certain reimbursed out-of-pocket expenses that are presented on a gross basis in accordance with EITF 01-14. As these expenses are fully reimbursed, without mark-up, by our clients and in a majority of cases prepaid by the customers, there is no impact on operating income, net income, earnings per share, cash flows or the balance sheet; therefore, we have excluded the impact of these expenses in the calculation of operating margins, core revenue and internal growth (e) Other operating charges include merger-related costs, unusual items, realignment charges and gain (loss) on sale of business that management excludes in its assessments of operating results and in determining operational incentive awards CHOICEPOINT INC. OPERATING RESULTS BY QUARTER

Total Total 1998 1999 Q1 2000 Q2 2000 Q3 2000 Q4 2000 ---- ---- ------- ------- ------- ------- Insurance Services Revenue $ 148,017 $ 161,056 $ 45,893 $ 47,357 $ 48,752 $ 47,820 Business & Government Svcs Revenue 150,169 187,999 54,583 58,480 60,316 59,891 Marketing Services Revenue 6,340 42,946 15,135 15,811 15,881 16,722 Royalty Revenue 6,636 6,219 1,543 1,648 1,604 1,569 --------- --------- --------- --------- --------- --------- Core Revenue (b) $ 311,162 $ 398,220 $ 117,154 $ 123,296 $ 126,553 $ 126,002 ========= ========= ========= ========= ========= ========= Revenue from Divested & Discontinued Lines (a) 106,063 64,035 18,170 13,250 12,324 10,869 --------- --------- --------- --------- --------- --------- Revenue from products and services (c) $ 417,225 $ 462,255 $ 135,324 $ 136,546 $ 138,877 $ 136,871 Reimbursable Expenses per EITF 01-14 (c) 6,069 38,131 9,657 8,488 9,420 9,827 --------- --------- --------- --------- --------- --------- Total Revenue $ 423,294 $ 500,386 $ 144,981 $ 145,034 $ 148,297 $ 146,698 ========= ========= ========= ========= ========= ========= Insurance Services Operating Income $ 66,387 $ 77,604 $ 20,923 $ 23,055 $ 24,317 $ 26,597 Business & Government Svcs Operating Income 7,998 2,285 1,200 6,738 9,429 12,010 Marketing Services Operating Income 1,269 10,526 3,912 4,923 5,026 5,424 Royalty Operating Income 3,903 3,483 885 1,017 953 949 Income from Reimbursable Expenses -- -- -- -- -- -- Divested & Discontinued Operating Income (a) 13,743 15,446 3,794 1,995 1,776 480 Corporate (27,611) (33,619) (8,453) (11,664) (11,580) (11,806) --------- --------- --------- --------- --------- --------- Operating Income before other operating charges $ 65,689 $ 75,725 $ 22,261 $ 26,064 $ 29,921 $ 33,654 ========= ========= ========= ========= ========= ========= Other operating charges (d) 5,049 513 -- (28,419) -- -- --------- --------- --------- --------- --------- --------- OPERATING INCOME $ 70,738 $ 76,238 $ 22,261 $ (2,355) $ 29,921 $ 33,654 ========= ========= ========= ========= ========= ========= OPERATING MARGINS Insurance Services 44.9% 48.2% 45.6% 48.7% 49.9% 55.6% Business & Government Services 5.3% 1.2% 2.2% 11.5% 15.6% 20.1% Marketing Services 20.0% 24.5% 25.8% 31.1% 31.6% 32.4% Divested & Discontinued Lines (a) 13.0% 24.1% 20.9% 15.1% 14.4% 4.4% ChoicePoint excluding other operating charges, as a percentage of revenue from products and services (c) 15.7% 16.4% 16.5% 19.1% 21.5% 24.6% OPERATING INCOME AS A PERCENTAGE OF REVENUE FROM PRODUCTS AND SERVICES (C) 17.0% 16.5% 16.5% -1.7% 21.5% 24.6% OPERATING INCOME AS A PERCENTAGE OF TOTAL REVENUE 16.7% 15.2% 15.4% -1.6% 20.2% 22.9% INTERNAL GROWTH RATES (E) Insurance Services 21.9% 18.4% 22.0% 18.7% 17.6% 14.1% Business & Government Services 19.9% 15.0% 15.9% 10.6% 17.7% 12.9% Marketing Services n/a n/a 23.9% 21.4% 12.1% 12.9% Total ChoicePoint 20.3% 16.1% 18.8% 14.9% 16.9% 13.2%

Total Total 2000 Q1 2001 Q2 2001 Q3 2001 Q4 2001 2001 ---- ------- ------- ------- ------- ---- Insurance Services Revenue $ 189,822 $ 54,263 $ 57,283 $ 58,734 $ 57,447 $ 227,727 Business & Government Svcs Revenue 233,270 61,921 64,875 70,608 70,005 267,409 Marketing Services Revenue 63,549 16,586 16,150 22,054 21,671 76,461 Royalty Revenue 6,364 1,657 1,807 1,630 1,714 6,808 --------- --------- --------- --------- --------- --------- Core Revenue (b) $ 493,005 $ 134,427 $ 140,115 $ 153,026 $ 150,837 $ 578,405 ========= ========= ========= ========= ========= ========= Revenue from Divested & Discontinued Lines (a) 54,613 8,902 9,272 5,877 192 24,243 --------- --------- --------- --------- --------- --------- Revenue from products and services (c) $ 547,618 $ 143,329 $ 149,387 $ 158,903 $ 151,029 $ 602,648 Reimbursable Expenses per EITF 01-14 (c) 37,392 8,950 8,139 10,816 10,123 38,028 --------- --------- --------- --------- --------- --------- Total Revenue $ 585,010 $ 152,279 $ 157,526 $ 169,719 $ 161,152 $ 640,676 ========= ========= ========= ========= ========= ========= Insurance Services Operating Income $ 94,892 $ 27,004 $ 30,125 $ 31,663 $ 30,615 $ 119,407 Business & Government Svcs Operating Income 29,377 10,773 10,497 10,769 13,050 45,089 Marketing Services Operating Income 19,285 4,338 5,721 6,025 6,101 22,185 Royalty Operating Income 3,804 1,051 1,191 1,011 1,147 4,400 Income from Reimbursable Expenses -- -- -- -- -- -- Divested & Discontinued Operating Income (a) 8,045 (580) (234) (665) (292) (1,771) Corporate (43,503) (10,843) (13,929) (12,525) (11,981) (49,278) --------- --------- --------- --------- --------- --------- Operating Income before other operating charges $ 111,900 $ 31,743 $ 33,371 $ 36,278 $ 38,640 $ 140,032 ========= ========= ========= ========= ========= ========= Other operating charges (d) (28,419) (17,865) -- (10,853) -- (28,718) --------- --------- --------- --------- --------- --------- OPERATING INCOME $ 83,481 $ 13,878 $ 33,371 $ 25,425 $ 38,640 $ 111,314 ========= ========= ========= ========= ========= ========= OPERATING MARGINS Insurance Services 50.0% 49.8% 52.6% 53.9% 53.3% 52.4% Business & Government Services 12.6% 17.4% 16.2% 15.3% 18.6% 16.9% Marketing Services 30.3% 26.2% 35.4% 27.3% 28.2% 29.0% Divested & Discontinued Lines (a) 14.7% -6.5% -2.5% -11.3% -152.1% -7.3% ChoicePoint excluding other operating charges, as a percentage of revenue from products and services (c) 20.4% 22.1% 22.3% 22.8% 25.6% 23.2% OPERATING INCOME AS A PERCENTAGE OF REVENUE FROM PRODUCTS AND SERVICES (C) 15.2% 9.7% 22.3% 16.0% 25.6% 18.5% OPERATING INCOME AS A PERCENTAGE OF TOTAL REVENUE 14.3% 9.1% 21.2% 15.0% 24.0% 17.4% INTERNAL GROWTH RATES (E) Insurance Services 18.0% 14.9% 15.8% 16.0% 18.5% 16.3% Business & Government Services 14.2% 8.6% 1.4% -3.8% -5.6% -0.1% Marketing Services 17.0% 9.6% 2.1% 2.3% -4.0% 2.3% Total ChoicePoint 15.8% 11.2% 7.1% 4.6% 4.0% 6.6%

Total Q1 2002 Q2 2002 Q3 2002 Q4 2002 2002 Q1 2003 ------- ------- ------- ------- ---- ------- Insurance Services Revenue $ 64,140 $ 67,031 $ 70,495 $ 68,616 $ 270,282 $ 76,134 Business & Government Svcs Revenue 69,116 75,713 79,307 84,625 308,761 80,995 Marketing Services Revenue 23,717 27,950 27,467 26,699 105,833 25,573 Royalty Revenue 1,597 1,542 1,563 1,153 5,855 1,303 --------- --------- --------- --------- --------- --------- Core Revenue (b) $ 158,570 $ 172,236 $ 178,832 $ 181,093 $ 690,731 $ 184,005 ========= ========= ========= ========= ========= ========= Revenue from Divested & Discontinued Lines (a) 72 -- -- -- 72 -- --------- --------- --------- --------- --------- --------- Revenue from products and services (c) $ 158,642 $ 172,236 $ 178,832 $ 181,093 $ 690,803 $ 184,005 Reimbursable Expenses per EITF 01-14 (c) 10,019 9,923 10,098 8,480 38,520 10,944 --------- --------- --------- --------- --------- --------- Total Revenue $ 168,661 $ 182,159 $ 188,930 $ 189,573 $ 729,323 $ 194,949 ========= ========= ========= ========= ========= ========= Insurance Services Operating Income $ 35,024 $ 35,502 $ 37,163 $ 36,950 $ 144,639 $ 42,436 Business & Government Svcs Operating Income 12,520 17,293 19,549 20,062 69,424 15,571 Marketing Services Operating Income 7,405 9,232 8,509 7,720 32,866 6,908 Royalty Operating Income 997 933 932 464 3,326 646 Income from Reimbursable Expenses -- -- -- -- -- -- Divested & Discontinued Operating Income (a) (206) -- -- -- (206) -- Corporate (11,518) (16,885) (16,163) (15,619) (60,185) (13,758) --------- --------- --------- --------- --------- --------- Operating Income before other operating charges $ 44,222 $ 46,075 $ 49,990 $ 49,577 $ 189,864 $ 51,803 ========= ========= ========= ========= ========= ========= Other operating charges (d) -- (7,342) -- -- (7,342) -- --------- --------- --------- --------- --------- --------- OPERATING INCOME $ 44,222 $ 38,733 $ 49,990 $ 49,577 $ 182,522 $ 51,803 ========= ========= ========= ========= ========= ========= OPERATING MARGINS Insurance Services 54.6% 53.0% 52.7% 53.9% 53.5% 55.7% Business & Government Services 18.1% 22.8% 24.6% 23.7% 22.5% 19.2% Marketing Services 31.2% 33.0% 31.0% 28.9% 31.1% 27.0% Divested & Discontinued Lines (a) -286.1% n/a n/a n/a -286.1% n/a ChoicePoint excluding other operating charges, as a percentage of revenue from products and services (c) 27.9% 26.8% 28.0% 27.4% 27.5% 28.2% OPERATING INCOME AS A PERCENTAGE OF REVENUE FROM PRODUCTS AND SERVICES (C) 27.9% 22.5% 28.0% 27.4% 26.4% 28.2% OPERATING INCOME AS A PERCENTAGE OF TOTAL REVENUE 26.2% 21.3% 26.5% 26.2% 25.0% 26.6% INTERNAL GROWTH RATES (E) Insurance Services 17.5% 17.0% 18.5% 18.0% 17.8% 17.2% Business & Government Services -3.8% 5.6% 12.3% 17.6% 8.4% 3.9% Marketing Services 3.4% 5.4% 4.9% 6.7% 5.2% -2.4% Total ChoicePoint 5.7% 10.0% 13.4% 15.6% 11.4% 8.1%

Q2 2003 Q3 2003 ------- ------- Insurance Services Revenue $ 77,922 $ 78,100 Business & Government Svcs Revenue 83,792 87,080 Marketing Services Revenue 25,676 22,631 Royalty Revenue 1,389 1,305 --------- --------- Core Revenue (b) $ 188,779 $ 189,116 ========= ========= Revenue from Divested & Discontinued Lines (a) -- -- --------- --------- Revenue from products and services (c) $ 188,779 $ 189,116 Reimbursable Expenses per EITF 01-14 (c) 10,470 12,402 --------- --------- Total Revenue $ 199,249 $ 201,518 ========= ========= Insurance Services Operating Income $ 44,364 $ 43,998 Business & Government Svcs Operating Income 18,585 18,652 Marketing Services Operating Income 7,374 3,580 Royalty Operating Income 626 416 Income from Reimbursable Expenses -- -- Divested & Discontinued Operating Income (a) Corporate (16,469) (14,850) --------- --------- Operating Income before other operating charges $ 54,480 $ 51,796 ========= ========= Other operating charges (d) (19,817) (4,022) --------- --------- OPERATING INCOME $ 54,480 $ 51,796 ========= ========= OPERATING MARGINS Insurance Services 56.9% 56.3% Business & Government Services 22.2% 21.4% Marketing Services 28.7% 15.8% Divested & Discontinued Lines (a) n/a n/a ChoicePoint excluding other operating charges, as a percentage of revenue from products and services (c) 28.9% 27.4% OPERATING INCOME AS A PERCENTAGE OF REVENUE FROM PRODUCTS AND SERVICES (C) 18.4% 25.3% OPERATING INCOME AS A PERCENTAGE OF TOTAL REVENUE 17.4% 23.7% INTERNAL GROWTH RATES (E) Insurance Services 15.0% 10.1% Business & Government Services -2.5% -3.9% Marketing Services -13.6% -21.7% Total ChoicePoint 2.4% -1.2%

(a) Divested & Discontinued Lines represents products and lines of businesses that were discontinued or divested, but which do not qualify for discontinued operations accounting. (b) Core revenue represents revenue from continuing business lines and is used by management to assess and manage its on-going businesses and to determine operational incentive awards (c) Reimbursable expenses represent certain reimbursed out-of-pocket expenses that are presented on a gross basis in accordance with EITF 01-14. As these expenses are fully reimbused, without mark-up, by our clients and in a majority of cases prepaid by the customers, there is no impact on operating income, net income, earnings per share, cash flows or the balance sheet; therefore, we have excluded the impact of these expenses in the calculation of operating margins, core revenue and internal growth (d) Other operating charges include merger-related costs, unusual items, realignment charges and gain (loss) on sale of business that management excludes in its assessments of operating results and in determining operational incentive awards (e) Internal revenue growth is the revenue growth from comparable business units for the same period in the prior year and excludes revenue from reimbursable expenses, acquisitions, divested and discontinued product lines and discontinued operations. This measure is used by management to analyze the performance of the business segments and as a criteria component for incentive compensation awards. CHOICEPOINT INC. OPERATING RESULTS BY QUARTER

Total Total Total 1998 1999 2000 Q1 2001 Q2 2001 Q3 2001 ---- ---- ---- ------- ------- ------- NET INCOME $ 42,315 $ 42,197 $ 43,822 $ 7,213 $ 19,921 $ 12 EPS $ 0.52 $ 0.52 $ 0.52 $ 0.08 $ 0.23 $ 0.00 Less: Cumulative change in accounting principle, net -- -- -- -- -- -- Income from discontinued operations, net of tax 4,037 3,997 3,656 881 1,249 1,208 Gain on sale of discontinued operations, net -- -- -- -- -- -- --------- --------- --------- --------- --------- --------- Net income from continuing operations $ 38,278 $ 38,200 $ 40,166 $ 6,332 $ 18,672 $ (1,196) EPS from continuing operations $ 0.47 $ 0.47 $ 0.48 $ 0.07 $ 0.21 $ (0.01) Add back: goodwill amortization net of taxes (a) 5,401 9,397 12,885 3,118 3,198 3,203 Pro forma Net income from continuing operations (a) $ 43,679 $ 47,597 $ 53,051 $ 9,450 $ 21,870 $ 2,007 ========= ========= ========= ========= ========= ========= Pro forma EPS from continuing operations (a) $ 0.54 $ 0.58 $ 0.63 $ 0.11 $ 0.25 $ 0.02 Add back: Other operating charges (b) (5,049) (513) 28,419 17,865 -- 10,853 Tax provision (benefit) related to other operating charges 2,114 (78) (8,604) (6,655) -- 10,534 --------- --------- --------- --------- --------- --------- PRO FORMA INCOME FROM CONTINUING OPERATIONS EXCLUDING OTHER OPERATING CHARGES (A)(B) $ 40,744 $ 47,006 $ 72,866 $ 20,660 $ 21,870 $ 23,394 ========= ========= ========= ========= ========= ========= PRO FORMA EPS FROM CONTINUING OPERATIONS EXCLUDING OTHER OPERATING CHARGES (A)(B) $ 0.51 $ 0.58 $ 0.87 $ 0.24 $ 0.25 $ 0.27 Wtd Avg Shares 80,616 81,591 84,139 86,264 86,873 87,457

Total Total Q4 2001 2001 Q1 2002 Q2 2002 Q3 2002 Q4 2002 2002 ------- ---- ------- ------- ------- ------- ---- NET INCOME $ 23,188 $ 50,334 $ 2,998 $ 24,113 $ 31,262 $ 31,454 $ 89,827 EPS $ 0.26 $ 0.58 $ 0.03 $ 0.27 $ 0.35 $ 0.35 $ 1.01 Less: Cumulative change in accounting principle, net -- -- (24,416) -- -- -- (24,416) Income from discontinued operations, net of tax 1,294 4,632 1,575 1,707 1,704 1,585 6,571 Gain on sale of discontinued operations, net -- -- -- -- -- -- -- --------- --------- --------- --------- --------- --------- --------- Net income from continuing operations $ 21,894 $ 45,702 $ 25,839 $ 22,406 $ 29,558 $ 29,869 $ 107,672 EPS from continuing operations $ 0.25 $ 0.52 $ 0.29 $ 0.25 $ 0.33 $ 0.34 $ 1.21 Add back: goodwill amortization net of taxes (a) 3,119 12,638 -- -- -- -- Pro forma Net income from continuing operations (a) $ 25,013 $ 58,340 $ 25,839 $ 22,406 $ 29,558 $ 29,869 $ 107,672 ========= ========= ========= ========= ========= ========= ========= Pro forma EPS from continuing operations (a) $ 0.28 $ 0.67 $ 0.29 $ 0.25 $ 0.33 $ 0.34 $ 1.21 Add back: Other operating charges (b) -- 28,718 -- 7,342 -- -- 7,342 Tax provision (benefit) related to other operating charges -- 3,879 -- (2,818) -- -- (2,818) --------- --------- --------- --------- --------- --------- --------- PRO FORMA INCOME FROM CONTINUING OPERATIONS EXCLUDING OTHER OPERATING CHARGES (A)(B) $ 25,013 $ 90,937 $ 25,839 $ 26,930 $ 29,558 $ 29,869 $ 112,196 ========= ========= ========= ========= ========= ========= ========= PRO FORMA EPS FROM CONTINUING OPERATIONS EXCLUDING OTHER OPERATING CHARGES (A)(B) $ 0.28 $ 1.04 $ 0.29 $ 0.30 $ 0.33 $ 0.34 $ 1.26 Wtd Avg Shares 88,101 87,151 88,969 89,692 89,612 89,064 89,194

Q1 2003 Q2 2003 Q3 2003 ------- ------- ------- NET INCOME $ 65,175 $ 20,853 $ 29,055 EPS $ 0.73 $ 0.23 $ 0.32 Less: Cumulative change in accounting principle, net -- -- -- Income from discontinued operations, net of tax 991 -- -- Gain on sale of discontinued operations, net 32,893 -- -- --------- --------- --------- Net income from continuing operations $ 31,291 $ 20,853 $ 29,055 EPS from continuing operations $ 0.35 $ 0.23 $ 0.32 Add back: goodwill amortization net of taxes (a) -- -- -- Pro forma Net income from continuing operations (a) $ 31,291 $ 20,853 $ 29,055 ========= ========= ========= Pro forma EPS from continuing operations (a) $ 0.35 $ 0.23 $ 0.32 Add back: Other operating charges (b) -- 19,817 4,022 Tax provision (benefit) related to other operating charges -- (7,609) (1,545) --------- --------- --------- PRO FORMA INCOME FROM CONTINUING OPERATIONS EXCLUDING OTHER OPERATING CHARGES (A)(B) $ 31,291 $ 33,061 $ 31,532 ========= ========= ========= PRO FORMA EPS FROM CONTINUING OPERATIONS EXCLUDING OTHER OPERATING CHARGES (A)(B) $ 0.35 $ 0.37 $ 0.35 Wtd Avg Shares 89,374 89,354 89,866

(a) FASB Statement No. 142 discontinued the amortization of goodwill as of January 1, 2002. For comparison purposes, the above data excludes goodwill amortization in 1998-2001 as if FASB No. 142 was effective January 1, 1998. (b) Other operating charges include merger-related costs, unusual items, realignment charges and gain (loss) on sale of business that management excludes in its assessments of operating results and in determining operational incentive awards and include the following components which are more fully described in our Annual Report on Form 10-K for the applicable years:

Total Total Total Total 1998 1999 2000 Q1 2001 Q2 2001 Q3 2001 Q4 2001 2001 Q1 2002 Q2 2002 ---- ---- ---- ------- ------- ------- ------- ---- ------- ------- Merger transaction costs -- -- 11,579 -- -- -- -- -- -- -- Merger personnel related costs 838 -- 3,780 1,832 -- -- -- 1,832 -- -- Other merger integration costs -- -- 3,629 2,433 -- -- -- 2,433 -- -- Write down of minority investments -- 817 -- -- -- -- -- -- -- 2,370 Asset impairments 2,920 732 6,954 12,693 -- -- -- 12,693 -- 2,985 Nonmerger severance -- 451 1,885 838 -- -- -- 838 -- 567 Other one-time charges -- -- 592 69 -- -- -- 69 -- 1,420 (Gain) loss on sale of business (8,807) (2,513) -- -- -- 10,853 -- 10,853 -- -- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- Total other operating charges (5,049) (513) 28,419 17,865 -- 10,853 -- 28,718 -- 7,342 ======= ======= ======= ======= ======= ======= ======= ======= ======= =======

Total Q3 2002 Q4 2002 2002 Q1 2003 Q2 2003 Q3 2003 ------- ------- ---- ------- ------- ------- Merger transaction costs -- -- -- -- -- -- Merger personnel related costs -- -- -- -- -- -- Other merger integration costs -- -- -- -- -- -- Write down of minority investments -- -- 2,370 -- -- -- Asset impairments -- -- 2,985 -- 12,490 3,015 Nonmerger severance -- -- 567 -- 2,848 882 Other one-time charges -- -- 1,420 -- 4,479 125 (Gain) loss on sale of business -- -- -- -- -- -- ------- ------- ------- ------- ------- ------- Total other operating charges -- -- 7,342 -- 19,817 4,022 ======= ======= ======= ======= ======= =======

-----END PRIVACY-ENHANCED MESSAGE-----

EX-99.1

                                                                    EXHIBIT 99.1

FOR IMMEDIATE RELEASE

Contact:    John Mongelli
            Investor Relations
            (770) 752-6171

                  CHOICEPOINT(R) REPORTS THIRD QUARTER RESULTS

ALPHARETTA, GA. - OCTOBER 21, 2003 - ChoicePoint Inc. (NYSE: CPS), today
reported third quarter total revenue of $201.5 million, resulting in revenue
growth over the comparable period of 2002 of 7 percent. Excluding $12.4 million
of reimbursable expenses grossed up as revenue under EITF 01-14, third quarter
core revenue was $189.1 million. This core revenue represents a 6 percent
increase over comparable revenue in the third quarter of 2002.

Related to the previously announced consolidation of certain public records and
drug testing operations and the reengineering of our e-mail direct marketing
business, the Company recorded an additional charge of $4.0 million ($2.5
million after tax) during the third quarter of 2003. Total earnings per share
("EPS") for the third quarter was $0.32 per share which includes the $0.03 per
share dilutive effect of the aforementioned charge. Excluding the effect of this
charge, EPS would have been $0.35 per share.

"As expected, weak customer spending in our Marketing Services segment impacted
our results this quarter. I am nevertheless pleased with the underlying trends I
am seeing in many of our businesses heading into 2004 and the progress we're
making against our long-term growth initiatives," commented Derek V. Smith,
chairman and CEO.

Chief Financial Officer Steven W. Surbaugh added, "While we achieved our revised
expectations, the softness in our Marketing Services segment and the cycling of
the 2002 homeland security successes tempered our comparable operating results
for the quarter, and will also impact our fourth quarter comparables. We have
analyzed our operations and are confident of our long-term revenue and profit
prospects. I am very pleased that our balance sheet and cash flows continue to
remain very strong and provide us significant flexibility to execute our
business strategies over the long-term."

ChoicePoint Earnings
Page 2 of 10


FINANCIAL HIGHLIGHTS

- -     Core revenue increased 6 percent to $189.1 million for the third quarter
      of 2003 from $178.8 million for the third quarter of 2002. Internal
      revenue (which represents core revenue less revenue from acquisitions)
      declined 1 percent from the third quarter of 2002, primarily related to
      the continued weakness in our Marketing Services businesses. Third quarter
      2003 total revenue increased 7 percent to $201.5 million from $188.9
      million in 2002.

- -     Operating income was $47.8 million for the third quarter of 2003 compared
      to $50.0 million for the third quarter of 2002. Excluding the realignment
      charges discussed below, operating income was $51.8 million for the third
      quarter of 2003, an increase of 4 percent from 2002.

- -     In the third quarter of 2003, the Company recorded an additional pre-tax
      charge of $4.0 million ($2.5 million net of taxes) related to the
      previously announced consolidation of certain public records and drug
      testing operations and the reengineering of our e-mail direct marketing
      business. Due to recent changes in accounting principles which preclude
      recognition until specific conditions or events occur, the Company also
      anticipates recording an additional pre-tax realignment charge of $2
      million to $5 million in connection with this realignment during the
      fourth quarter of the year. Through September 30, 2003, the Company has
      recorded $23.8 million of realignment charges against the previously
      announced estimate in the mid $20 million range. The fourth quarter range
      of estimated charges relates primarily to our on-going review of the
      Marketing Services segment.

- -     Free cash flow (net cash provided by operating activities of continuing
      operations of $42.4 million less capital expenditures of $10.5 million)
      was a very strong $31.8 million for the third quarter of 2003, an increase
      of $5.8 million compared to $26.0 million for the third quarter of 2002.

- -     Net debt (total debt less cash) for the nine months ended September 30,
      2003, decreased by $90.3 million to $57.8 million as we used proceeds from
      the first quarter sale of CPCS and cash from operations to pay down debt.
      Our additional remaining debt capacity under our committed financing lines
      is approximately $355 million.

ChoicePoint Earnings
Page 3 of 10


- -     During the quarter ended September 30, 2003, the Company acquired TML
      Information Services, Inc., a provider of MVRs to the insurance industry,
      and effective September 30, 2003, ChoicePoint acquired certain assets of
      Bridger Systems, Inc., related to its authentication products which assist
      customers in their compliance with OFAC, USA PATRIOT Act and other
      requirements, and certain assets of insuranceDecisions, Inc., a provider
      of full service claims administration applications to the P&C commercial
      lines insurance industry. Effective October 1, 2003, the Company acquired
      CITI Network, Inc. d/b/a Apartment Screening and Processing (ASAP), a
      provider of residential screening services to apartment communities
      located in Florida.

OPERATIONAL HIGHLIGHTS

INSURANCE SERVICES

- -     Total revenue increased 11 percent to $78.1 million in the third quarter
      of 2003 compared to $70.5 million in the prior year, including an internal
      revenue growth rate of 10 percent. These results exclude CPCS which was
      sold in February 2003 and is reported as discontinued operations in the
      accompanying financial information. The personal lines business posted
      strong mid-teen internal growth driven by marketplace acceptance of new
      products and increased unit volumes in the personal lines business. A
      decline in internal revenues at Insurity Inc. due to the project-oriented
      nature of its operations impacted the overall growth rate for the segment
      during the quarter.

- -     Operating income in Insurance Services was $44.0 million for the third
      quarter of 2003, up 18 percent from $37.2 million in the prior year.
      Operating profit margin in Insurance Services for the quarter was 56.3
      percent, 360 basis points above 52.7 percent in the third quarter of 2002.
      The increase in operating income is due primarily to the revenue growth
      discussed above and product mix.

BUSINESS & GOVERNMENT SERVICES

- -     Total revenue increased 10 percent to $87.1 million in the third quarter
      of 2003 compared to $79.3 million in the prior year primarily due to
      growth from acquisitions and our nursery initiatives, which offset
      declines in our public records and drug testing product lines and

ChoicePoint Earnings
Page 4 of 10


      tougher homeland security revenue comparisons verses the third quarter of
      2002. Internal revenue declined 4 percent for the third quarter of 2003
      over the comparable period in 2002.

- -     Operating income in Business & Government Services was $18.7 million for
      the third quarter of 2003, down 5 percent from $19.5 million in the prior
      year primarily due to change in product mix. Operating profit margin in
      Business & Government Services for the third quarter of 2003 was 21.4
      percent. While above the average margin for the first six months of 2003,
      the margins were negatively impacted this quarter by product mix and
      additional expenses incurred in our new product initiatives.

MARKETING SERVICES

- -     In the third quarter of 2003, revenue excluding reimbursable expenses
      decreased 18 percent over the prior year from $27.5 million in 2002 to
      $22.6 million in 2003 due primarily to weakness in our e-mail and print
      products. The internal revenue declined 22 percent. Total revenue for the
      segment decreased 7 percent from $37.6 million in 2002 to $35.0 million in
      2003. The Company excludes the revenue from reimbursable expenses in its
      operational analyses because these items are fully reimbursed by our
      customers without markup and have no impact on operating income, net
      income, EPS, cash flows or the balance sheet.

- -     Operating income in Marketing Services was $3.6 million for the third
      quarter of 2003, down 58 percent from $8.5 million in the prior year due
      to lower revenues. Third quarter operating profit margin, as a percentage
      of revenue without reimbursable expenses, was 15.8 percent (10.2 percent
      of total revenue).

OUTLOOK

Based on recent business trends, ChoicePoint continues to expect full year core
revenue growth to be in the 8 to 10 percent range. Additionally, the Company
expects year-over-year margin expansion of up to 100 basis points based on these
revenue assumptions and lower costs associated with the cost reduction
initiatives taken in the second and third quarters of 2003.

WEBCAST

ChoicePoint's third quarter results will be discussed in more detail on October
21, 2003, at 8:30 am EDT via teleconference. The live audio Webcast of the call
will be available on

ChoicePoint Earnings
Page 5 of 10


ChoicePoint's Web site at www.choicepoint.com. There will also be a replay of
the call available beginning at approximately 10:00 am EDT at the same Web
address.

About ChoicePoint

ChoicePoint Inc. (NYSE: CPS) is the leading provider of identification and
credential verification services for making smarter decisions in a world
challenged by increased risks. Serving the needs of business, government,
non-profit organizations and individuals, ChoicePoint works to create a safer
and more secure society through the responsible use of information while
ensuring the protection of personal privacy. For more information about
ChoicePoint, visit the Company's Web site at www.choicepoint.com.

Forward-Looking Statements

Certain written statements in this release and oral statements made by or on
behalf of the Company may constitute "forward-looking statements" as defined
under the Private Securities Litigation Reform Act of 1995. Words or phrases
such as "should result," "are expected to," "we anticipate," "we estimate," "we
project," or similar expressions are intended to identify forward-looking
statements. These statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those expressed in any
forward-looking statements. These risks and uncertainties include, but are not
limited to, the following important factors: demand for the Company's services,
product development, maintaining acceptable margins, ability to control costs,
the impact of federal, state and local regulatory requirements on the Company's
business, including the public records market and privacy matters affecting the
Company, the impact of competition and the uncertainty of economic conditions in
general. Additional information concerning these and other risks and
uncertainties is contained in the Company's filings with the Securities and
Exchange Commission, including the Company's Annual Report on Form 10-K for the
year ended December 31, 2002. Readers are cautioned not to place undue reliance
on forward-looking statements, since the statements speak only as of the date
that they are made, and the Company undertakes no obligation to publicly update
these statements based on events that may occur after the date of this press
release.


ChoicePoint Earnings
Page 6 of 10


                                CHOICEPOINT INC.
                              Financial Highlights



(Unaudited)                                                          Three Months Ended               Nine Months Ended
                                                                       September 30,                    September 30,
                                                                       -------------                    -------------
(Dollars in thousands, except per share data)                       2003            2002            2003            2002
- ---------------------------------------------                       ----            ----            ----            ----
                                                                                                     
Core revenue (a) ............................................    $ 189,116       $ 178,832       $ 561,900       $ 509,638
Revenue from divested and discontinued product lines ........           --              --              --              72
                                                                 ---------       ---------       ---------       ---------
Revenue from products and services ..........................      189,116         178,832         561,900         509,710
Reimbursable expenses per EITF 01-14 (b) ....................       12,402          10,098          33,816          30,040
                                                                 ---------       ---------       ---------       ---------
Total revenue ...............................................      201,518         188,930         595,716         539,750
                                                                 =========       =========       =========       =========
Cost of services ............................................      100,963          93,162         299,736         266,244
Reimbursable expenses .......................................       12,402          10,098          33,816          30,040
Selling, general and administrative expenses ................       36,357          35,680         104,085         103,179
Other operating charges (c) .................................        4,022              --          23,839           7,342
                                                                 ---------       ---------       ---------       ---------
Total costs and expenses ....................................      153,744         138,940         461,476         406,805
Operating income ............................................       47,774          49,990         134,240         132,945
Interest expense ............................................         (608)         (2,017)         (2,424)         (6,672)
                                                                 ---------       ---------       ---------       ---------
Income from continuing operations before income taxes .......       47,166          47,973         131,816         126,273
Provision for income taxes ..................................       18,111          18,415          50,617          48,470
                                                                 ---------       ---------       ---------       ---------
Income from continuing operations ...........................       29,055          29,558          81,199          77,803
Income from discontinued operations, net of taxes (d) .......           --           1,704             991           4,986
Gain on sale of discontinued operations, net of taxes (d) ...           --              --          32,893              --
Cumulative effect of change in accounting principle,
  net of taxes (e) ..........................................           --              --              --         (24,416)
                                                                 ---------       ---------       ---------       ---------
Net income ..................................................    $  29,055       $  31,262       $ 115,083       $  58,373
                                                                 =========       =========       =========       =========

EPS -  diluted:
      Income from continuing operations .....................    $    0.32       $    0.33       $    0.91       $    0.87
      Discontinued operations, net of taxes .................           --            0.02            0.01            0.06
      Gain on sale of discontinued operations, net of taxes .           --              --            0.37              --
      Cumulative effect of change in accounting principle,
        net of taxes ........................................           --              --              --           (0.28)
                                                                 ---------       ---------       ---------       ---------
      Net Income ............................................    $    0.32       $    0.35       $    1.28       $    0.65
                                                                 =========       =========       =========       =========
  Weighted average shares - diluted .........................       89,866          89,612          89,579          89,425
                                                                 =========       =========       =========       =========

EBITDA (f) ..................................................    $  61,141       $  61,443       $ 174,135       $ 165,419


ChoicePoint Earnings
Page 7 of 10


                                CHOICEPOINT INC.
                        Financial Highlights (continued)

RECONCILIATION TO FINANCIAL INFORMATION EXCLUDING OTHER OPERATING CHARGES (C)



(Unaudited)                                                               Three Months Ended                Nine Months Ended
                                                                            September 30,                      September 30,
                                                                            -------------                      -------------
(Dollars in thousands, except per share data)                            2003             2002             2003             2002
                                                                         ----             ----             ----             ----
                                                                                                             
Operating income .................................................    $  47,774        $  49,990        $ 134,240        $ 132,945
Add back other operating charges (c) .............................        4,022               --           23,839            7,342
                                                                      ---------        ---------        ---------        ---------
Operating income before other operating charges ..................       51,796           49,990          158,079          140,287
Interest Expense .................................................         (608)          (2,017)          (2,424)          (6,672)
                                                                      ---------        ---------        ---------        ---------
Income from continuing operations before income taxes & other ....       51,188           47,973          155,655          133,615
  operating charges
Provision for income taxes .......................................       19,656           18,415           59,771           51,288
                                                                      ---------        ---------        ---------        ---------
Income from continuing operations before other operating charges .    $  31,532        $  29,558        $  95,884        $  82,327
                                                                      =========        =========        =========        =========
Effective tax rate ...............................................         38.4%            38.4%            38.4%            38.4%
Earnings per share - diluted excluding other operating charges ...    $    0.35        $    0.33        $    1.07        $    0.92

EBITDA excluding other operating charges (f) .....................    $  65,163        $  61,443        $ 197,974        $ 172,761


(a)   Core revenue excludes revenue from reimbursable expenses (see (b) below)
      and divested and discontinued product lines. The Company uses the core
      revenue metric to measure its continuing operations without the effect of
      reimbursable expenses.

(b)   Reimbursable expenses per Emerging Issues Task Force ("EITF") 01-14
      represent out-of-pocket expenses fully reimbursed by ChoicePoint's
      customers and recorded as revenues and expenses in accordance with EITF
      01-14 "Income Statement Characterization of Reimbursements Received for
      `Out-of-Pocket' Expenses Incurred". As these expenses are fully
      reimbursed, without mark-up, by our customers and in a majority of cases
      prepaid by the customers, there is no impact on operating income, net
      income, EPS, cash flows or the balance sheet. In addition, management
      excludes these expenses from its revenue analysis for operational
      management and incentive purposes; therefore, we have separately
      identified these expenses and excluded the impact of them from
      calculations of core revenue, internal revenue growth and operating
      margins. Other pass-through expenses such as motor vehicle registry fees
      will continue to be accounted for on a net basis and, as such, excluded
      from revenues in our financial statements in accordance with generally
      accepted accounting principles. Third quarter pass-through expenses
      totaled $148.8 million in 2003 and $131.1 million in 2002. Pass-through
      expenses totaled $449.2 million for the nine months ended September 30,
      2003 and $366.4 million for the nine months ended September 30, 2002.

(c)   During the first nine months of 2003, the Company recorded other operating
      charges of $23.8 million ($14.7 million net of taxes) as a result of the
      realignment of our technology infrastructure and operations following the
      divestiture of our CPCS business, the transition to our new data center,
      down-sizing of our e-mail marketing business and the further consolidation
      of some of our public records and drug testing operations. This charge
      included asset impairments of $15.5 million primarily related to closed
      facilities or abandoned technology in the realignment, $3.7 million in
      severance and termination benefits, and $4.6 million of abandoned lease
      and other contractual commitments. During the second quarter of 2002, the
      Company recorded other operating charges of $7.3 million ($4.5 million net
      of taxes). This charge included a write-down of minority investments in
      start-up companies of $2.4 million, asset impairments of technology
      initiatives of $3.0 million, $0.5 million in severance and termination
      benefits and $1.4 million of expenses primarily related to the closure of
      two facilities and remaining obligations. The Company has presented
      analysis with and without these items because they represent costs that
      management excludes in its assessments of operating results and in
      determining operational incentive awards.

ChoicePoint Earnings
Page 8 of 10


(d)   On February 28, 2003, the Company sold its CPCS operating unit. The
      pre-tax proceeds from the sale of CPCS were approximately $87 million.
      CPCS is reported as a discontinued operation for all periods presented and
      the results of its operations are reflected separately from the results of
      continuing operations.

(e)   The change in accounting principle, net of taxes represents the goodwill
      impairment charge recorded by the Company retroactive to January 1, 2002
      in accordance with Financial Accounting Standards Board ("FASB") Statement
      No. 142, "Goodwill and Other Intangible Assets," ("FASB Statement No.
      142").

(f)   Earnings before interest, taxes, depreciation and amortization ("EBITDA"),
      is not presented as a substitute for operating income, net income or cash
      flows from operating activities. The Company has included EBITDA data
      (which are not a measure of financial performance under generally accepted
      accounting principles) because such data are used by the Company to
      compare its performance to its competitors and to manage its on-going
      business and is also used by certain investors to analyze and compare
      companies on the basis of operating performance, leverage and liquidity,
      and to determine a company's ability to service debt.


                                CHOICEPOINT INC.
                        Financial Highlights (continued)




(Unaudited)                                                                       Nine Months Ended
                                                                                    September 30,
                                                                                    -------------
(Dollars in thousands)                                                           2003            2002
- ----------------------                                                           ----            ----
                                                                                        
CASH FLOW HIGHLIGHTS
Income from continuing operations ........................................    $  81,199       $  77,803
Depreciation & amortization ..............................................       39,895          32,474
Changes in assets & liabilities and other ................................       15,378         (19,991)
                                                                              ---------       ---------
Net cash provided by operating activities of continuing operations .......    $ 136,472       $  90,286
Net cash (used) provided by activities of discontinued operations ........    $ (35,848)      $   7,448
Acquisitions & investments, net of cash acquired .........................    $ (74,593)      $ (45,680)
Cash proceeds from sale of business ......................................       87,000              --
Capital expenditures .....................................................      (32,217)        (35,431)
Other investing activities ...............................................           --              --
                                                                              =========       =========
Net cash used by investing activities ....................................    $ (19,810)      $ (81,111)
Net cash used by financing activities ....................................    $(100,776)      $ (47,561)




KEY BALANCE SHEET HIGHLIGHTS                                            September 30, 2003
- ----------------------------                                            ------------------
                                                                     
Debt .....................................................................    $ 72,203
Cash .....................................................................      14,397
                                                                              --------
Debt (net of cash) .......................................................    $ 57,806
Shareholders' Equity .....................................................    $756,606
Days sales outstanding (adjusted for pass through expenses) ..............     39 days



ChoicePoint Earnings
Page 9 of 10


                                CHOICEPOINT INC.
                              2003 SEGMENT RESULTS



                                                   Q1 2003          Q2 2003          Q3 2003
                                                   -------          -------          -------
                                                                           
REVENUE
Insurance Services                                $  76,134        $  77,922        $  78,100
Business & Government Services                       80,995           83,792           87,080
Marketing Services                                   25,573           25,676           22,631
Royalty                                               1,303            1,389            1,305
                                                  ---------        ---------        ---------
  Core Revenue                                      184,005          188,779          189,116
Divested & Discontinued Product Lines                    --               --               --
                                                  ---------        ---------        ---------
  Revenue from products and services                184,005          188,779          189,116
Reimbursable Expenses per EITF 01-14                 10,944           10,470           12,402
                                                  ---------        ---------        ---------
  Total Revenue                                   $ 194,949        $ 199,249        $ 201,518
                                                  =========        =========        =========
OPERATING INCOME
Insurance Services                                $  42,436        $  44,364        $  43,998
Business & Government Services                       15,571           18,585           18,652
Marketing Services                                    6,908            7,374            3,580
Royalty                                                 646              626              416
Income from Reimbursable Expenses                        --               --               --
Divested & Discontinued Product Lines                    --               --               --
Corporate & Shared Expenses (a)                     (13,758)         (16,469)         (14,850)
                                                  ---------        ---------        ---------
  Operating Income before other charges (b)       $  51,803        $  54,480        $  51,796
                                                  =========        =========        =========
  Other operating charges (b)                            --          (19,817)          (4,022)
                                                  ---------        ---------        ---------
  Operating Income                                $  51,803        $  34,663        $  47,774
                                                  =========        =========        =========

CORE REVENUE (REVENUE W/O REIMBURSABLE
EXPENSES AND DIVESTED & DISCONTINUED PRODUCT
LINES) GROWTH RATE                                     16.0%             9.6%             5.8%

INTERNAL REVENUE GROWTH RATES
Insurance Services                                     17.2%            15.0%            10.1%
Business & Government Services                          3.9%            -2.5%            -3.9%
Marketing Services                                     -2.4%           -13.6%           -21.7%
Continuing operations                                   8.1%             2.4%            -1.2%

OPERATING MARGINS
Insurance Services                                     55.7%            56.9%            56.3%
Business & Government Services                         19.2%            22.2%            21.4%
Marketing Services                                     27.0%            28.7%            15.8%
Operating income before other operating
  charges, percentage of revenue from
  products and services (b)                            28.2%            28.9%            27.4%
Operating income, as a percentage of
  total revenue                                        26.6%            17.4%            23.7%


(a)   Corporate and shared expenses represent costs of support functions,
      research and development initiatives, incentives and profit sharing that
      benefit all three segments.

(b)   The Company has presented analysis above with and without these items
      because they represent costs that management excludes in its assessments
      of operating results and in determining operational incentive awards.


ChoicePoint Earnings
Page 10 of 10


                                CHOICEPOINT INC.
                              2002 SEGMENT RESULTS



                                               Q1 2002          Q2 2002          Q3 2002          Q4 2002        Total 2002
                                               -------          -------          -------          -------        ----------
                                                                                                  
REVENUE
Insurance Services                            $  64,140        $  67,031        $  70,495        $  68,616        $ 270,282
Business & Government Services                   69,116           75,713           79,307           84,625          308,761
Marketing Services                               23,717           27,950           27,467           26,699          105,833
Royalty                                           1,597            1,542            1,563            1,153            5,855
                                              ---------        ---------        ---------        ---------        ---------
  Core revenue                                  158,570          172,236          178,832          181,093          690,731
Divested & Discontinued Product Lines                72               --               --               --               72
                                              ---------        ---------        ---------        ---------        ---------
  Revenue from products and services            158,642          172,236          178,832          181,093          690,803
Reimbursable Expenses per EITF 01-14             10,019            9,923           10,098            8,480           38,520
                                              ---------        ---------        ---------        ---------        ---------
  Total Revenue                               $ 168,661        $ 182,159        $ 188,930        $ 189,573        $ 729,323
                                              =========        =========        =========        =========        =========
OPERATING INCOME
Insurance Services                            $  35,024        $  35,502        $  37,163        $  36,950        $ 144,639
Business & Government Services                   12,520           17,293           19,549           20,062           69,424
Marketing Services                                7,405            9,232            8,509            7,720           32,866
Royalty                                             997              933              932              464            3,326
Income from Reimbursable Expenses                    --               --               --               --               --
Divested & Discontinued Product Lines              (206)              --               --               --             (206)
Corporate & Shared Expenses                     (11,518)         (16,885)         (16,163)         (15,619)         (60,185)
                                              ---------        ---------        ---------        ---------        ---------
  Operating Income before other charges       $  44,222        $  46,075        $  49,990        $  49,577        $ 189,864
                                              =========        =========        =========        =========        =========
  Other operating charges                            --           (7,342)              --               --           (7,342)
                                              ---------        ---------        ---------        ---------        ---------
  Operating Income                            $  44,222        $  38,733        $  49,990        $  49,577        $ 182,522
                                              =========        =========        =========        =========        =========

  CORE REVENUE (REVENUE W/O REIMBURSABLE
    EXPENSES AND DIVESTED & DISCONTINUED
    PRODUCT LINES) GROWTH RATE                     18.0%            22.9%            16.9%            20.1%            19.4%
INTERNAL REVENUE GROWTH RATES
Insurance Services                                 17.5%            17.0%            18.5%            18.0%            17.8%
Business & Government Services                     -3.8%             5.6%            12.3%            17.6%             8.4%
Marketing Services                                  3.4%             5.4%             4.9%             6.7%             5.2%
Continuing operations                               5.7%            10.0%            13.4%            15.6%            11.4%

OPERATING MARGINS
Insurance Services                                 54.6%            53.0%            52.7%            53.9%            53.5%
Business & Government Services                     18.1%            22.8%            24.6%            23.7%            22.5%
Marketing Services                                 31.2%            33.0%            31.0%            28.9%            31.1%
Operating income before other operating
  charges, as a percentage of revenue
  from products and services                       27.9%            26.8%            28.0%            27.4%            27.5%
Operating income, as a percentage of
  total revenue                                    26.2%            21.3%            26.5%            26.2%            25.0%


                                     # # #

EX-99.2

                                                                               .
                                                                               .
                                                                               .
                                                                    Exhibit 99.2

CHOICEPOINT INC.
OPERATING RESULTS BY QUARTER
PROFORMA OPERATING INCOME WITHOUT GOODWILL AMORTIZATION (A)



                                                              Total       Total       Total
                                                               1998        1999        2000      Q1 2001     Q2 2001     Q3 2001
                                                               ----        ----        ----      -------     -------     -------
                                                                                                      
Insurance Services Revenue                                  $ 148,017   $ 161,056   $ 189,822   $  54,263   $  57,283   $  58,734
Business & Government Svcs Revenue                            150,169     187,999     233,270      61,921      64,875      70,608
Marketing Services Revenue                                      6,340      42,946      63,549      16,586      16,150      22,054
Royalty Revenue                                                 6,636       6,219       6,364       1,657       1,807       1,630
                                                            ---------   ---------   ---------   ---------   ---------   ---------
    Core Revenue (c)                                        $ 311,162   $ 398,220   $ 493,005   $ 134,427   $ 140,115   $ 153,026
                                                            =========   =========   =========   =========   =========   =========
Revenue from Divested & Discontinued Lines (b)                106,063      64,035      54,613       8,902       9,272       5,877
                                                            ---------   ---------   ---------   ---------   ---------   ---------
    Revenue from products and services (d)                  $ 417,225   $ 462,255   $ 547,618   $ 143,329   $ 149,387   $ 158,903
Reimbursable Expenses per EITF 01-14 (d)                        6,069      38,131      37,392       8,950       8,139      10,816
                                                            ---------   ---------   ---------   ---------   ---------   ---------
    Total Revenue                                           $ 423,294   $ 500,386   $ 585,010   $ 152,279   $ 157,526   $ 169,719
                                                            =========   =========   =========   =========   =========   =========

Insurance Services Operating Income (a)                     $  66,941   $  78,335   $  95,549   $  27,257   $  30,410   $  31,945
Business & Government Svcs Operating Income (a)                12,613       9,006      38,747      13,323      13,330      13,633
Marketing Services Operating Income (a)                         1,819      12,856      23,460       5,390       6,772       7,077
Royalty Operating Income                                        3,903       3,483       3,804       1,051       1,191       1,011
Income from Reimbursable Expenses                                  --          --          --          --          --          --
Divested & Discontinued Operating Income (a) (b)               14,947      16,651       9,250        (279)         67        (464)
Corporate                                                     (27,611)    (33,619)    (43,503)    (10,843)    (13,929)    (12,525)
                                                            ---------   ---------   ---------   ---------   ---------   ---------
    Operating Income before other operating charges         $  72,612   $  86,712   $ 127,307   $  35,899   $  37,841   $  40,677
                                                            =========   =========   =========   =========   =========   =========
Other operating charges (e)                                     5,049         513     (28,419)    (17,865)         --     (10,853)
                                                            ---------   ---------   ---------   ---------   ---------   ---------
OPERATING INCOME                                            $  77,661   $  87,225   $  98,888   $  18,034   $  37,841   $  29,824
                                                            =========   =========   =========   =========   =========   =========

CORE REVENUE GROWTH RATE                                                     28.0%       23.8%       14.7%       13.6%       20.9%

OPERATING MARGINS
Insurance Services                                               45.2%       48.6%       50.3%       50.2%       53.1%       54.4%
Business & Government Services                                    8.4%        4.8%       16.6%       21.5%       20.5%       19.3%
Marketing Services                                               28.7%       29.9%       36.9%       32.5%       41.9%       32.1%
Divested & Discontinued Lines*                                   14.1%       26.0%       16.9%       -3.1%        0.7%       -7.9%
ChoicePoint excluding other operating charges, as a
  percentage of revenue from products and services (d)           17.4%       18.8%       23.2%       25.0%       25.3%       25.6%
OPERATING INCOME AS A PERCENTAGE OF REVENUE
  FROM PRODUCTS AND SERVICES (D)                                 18.6%       18.9%       18.1%       12.6%       25.3%       18.8%




                                                                          Total
                                                             Q4 2001      2001       Q1 2002     Q2 2002     Q3 2002     Q4 2002
                                                             -------      ----       -------     -------     -------     -------
                                                                                                      
Insurance Services Revenue                                  $  57,447   $ 227,727   $  64,140   $  67,031   $  70,495   $  68,616
Business & Government Svcs Revenue                             70,005     267,409      69,116      75,713      79,307      84,625
Marketing Services Revenue                                     21,671      76,461      23,717      27,950      27,467      26,699
Royalty Revenue                                                 1,714       6,808       1,597       1,542       1,563       1,153
                                                            ---------   ---------   ---------   ---------   ---------   ---------
    Core Revenue (c)                                        $ 150,837   $ 578,405   $ 158,570   $ 172,236   $ 178,832   $ 181,093
                                                            =========   =========   =========   =========   =========   =========
Revenue from Divested & Discontinued Lines (b)                    192      24,243          72          --          --          --
                                                            ---------   ---------   ---------   ---------   ---------   ---------
    Revenue from products and services (d)                  $ 151,029   $ 602,648   $ 158,642   $ 172,236   $ 178,832   $ 181,093
Reimbursable Expenses per EITF 01-14 (d)                       10,123      38,028      10,019       9,923      10,098       8,480
                                                            ---------   ---------   ---------   ---------   ---------   ---------
    Total Revenue                                           $ 161,152   $ 640,676   $ 168,661   $ 182,159   $ 188,930   $ 189,573
                                                            =========   =========   =========   =========   =========   =========

Insurance Services Operating Income (a)                     $  30,895   $ 120,507   $  35,024   $  35,502   $  37,163   $  36,950
Business & Government Svcs Operating Income (a)                15,917      56,203      12,520      17,293      19,549      20,062
Marketing Services Operating Income (a)                         7,152      26,391       7,405       9,232       8,509       7,720
Royalty Operating Income                                        1,147       4,400         997         933         932         464
Income from Reimbursable Expenses                                  --          --          --          --          --          --
Divested & Discontinued Operating Income (a) (b)                 (292)       (968)       (206)         --          --          --
Corporate                                                     (11,981)    (49,278)    (11,518)    (16,885)    (16,163)    (15,619)
                                                            ---------   ---------   ---------   ---------   ---------   ---------
    Operating Income before other operating charges         $  42,838   $ 157,255   $  44,222   $  46,075   $  49,990   $  49,577
                                                            =========   =========   =========   =========   =========   =========
Other operating charges (e)                                        --     (28,718)         --      (7,342)         --          --
                                                            ---------   ---------   ---------   ---------   ---------   ---------
OPERATING INCOME                                            $  42,838   $ 128,537   $  44,222   $  38,733   $  49,990   $  49,577
                                                            =========   =========   =========   =========   =========   =========

CORE REVENUE GROWTH RATE                                         19.7%       17.3%       18.0%       22.9%       16.9%       20.1%

OPERATING MARGINS
Insurance Services                                               53.8%       52.9%       54.6%       53.0%       52.7%       53.9%
Business & Government Services                                   22.7%       21.0%       18.1%       22.8%       24.6%       23.7%
Marketing Services                                               33.0%       34.5%       31.2%       33.0%       31.0%       28.9%
Divested & Discontinued Lines*                                 -152.1%       -4.0%     -286.1%        n/a         n/a         n/a
ChoicePoint excluding other operating charges, as a
  percentage of revenue from products and services (d)           28.4%       26.1%       27.9%       26.8%       28.0%       27.4%
OPERATING INCOME AS A PERCENTAGE OF REVENUE
  FROM PRODUCTS AND SERVICES (D)                                 28.4%       21.3%       27.9%       22.5%       28.0%       27.4%




                                                               Total
                                                               2002      Q1 2003     Q2 2003     Q3 2003
                                                               ----      -------     -------     -------
                                                                                    
Insurance Services Revenue                                  $ 270,282   $  76,134   $  77,922   $  78,100
Business & Government Svcs Revenue                            308,761      80,995      83,792      87,080
Marketing Services Revenue                                    105,833      25,573      25,676      22,631
Royalty Revenue                                                 5,855       1,303       1,389       1,305
                                                            ---------   ---------   ---------   ---------
    Core Revenue (c)                                        $ 690,731   $ 184,005   $ 188,779   $ 189,116
                                                            =========   =========   =========   =========
Revenue from Divested & Discontinued Lines (b)                     72          --          --          --
                                                            ---------   ---------   ---------   ---------
    Revenue from products and services (d)                  $ 690,803   $ 184,005   $ 188,779   $ 189,116
Reimbursable Expenses per EITF 01-14 (d)                       38,520      10,944      10,470      12,402
                                                            ---------   ---------   ---------   ---------
    Total Revenue                                           $ 729,323   $ 194,949   $ 199,249   $ 201,518
                                                            =========   =========   =========   =========

Insurance Services Operating Income (a)                     $ 144,639   $  42,436   $  44,364   $  43,998
Business & Government Svcs Operating Income (a)                69,424      15,571      18,585      18,652
Marketing Services Operating Income (a)                        32,866       6,908       7,374       3,580
Royalty Operating Income                                        3,326         646         626         416
Income from Reimbursable Expenses                                  --          --          --          --
Divested & Discontinued Operating Income (a) (b)                 (206)         --
Corporate                                                     (60,185)    (13,758)    (16,469)    (14,850)
                                                            ---------   ---------   ---------   ---------
    Operating Income before other operating charges         $ 189,864   $  51,803   $  54,480   $  51,796
                                                            =========   =========   =========   =========
Other operating charges (e)                                    (7,342)         --     (19,817)     (4,022)
                                                            ---------   ---------   ---------   ---------
OPERATING INCOME                                            $ 182,522   $  51,803   $  34,663   $  47,774
                                                            =========   =========   =========   =========

CORE REVENUE GROWTH RATE                                         19.4%       16.0%        9.6%        5.8%

OPERATING MARGINS
Insurance Services                                               53.5%       55.7%       56.9%       56.3%
Business & Government Services                                   22.5%       19.2%       22.2%       21.4%
Marketing Services                                               31.1%       27.0%       28.7%       15.8%
Divested & Discontinued Lines*                                 -286.1%        n/a         n/a         n/a
ChoicePoint excluding other operating charges, as a
  percentage of revenue from products and services (d)           27.5%       28.2%       28.9%       27.4%
OPERATING INCOME AS A PERCENTAGE OF REVENUE
  FROM PRODUCTS AND SERVICES (D)                                 26.4%       28.2%       18.4%       25.3%


(a)   FASB Statement No. 142 discontinued the amortization of goodwill as of
      January 1, 2002. For comparison purposes, the above data excludes goodwill
      amortization in 1998-2001 as if FASB No. 142 was effective January 1,
      1998.

(b)   Divested & Discontinued Lines represents products and lines of businesses
      that were discontinued or divested, but which do not qualify for
      discontinued operations accounting.

(c)   Core revenue represents revenue from continuing business lines and is used
      by management to assess and manage its on-going businesses and to
      determine operational incentive awards

(d)   Reimbursable expenses represent certain reimbursed out-of-pocket expenses
      that are presented on a gross basis in accordance with EITF 01-14. As
      these expenses are fully reimbursed, without mark-up, by our clients and
      in a majority of cases prepaid by the customers, there is no impact on
      operating income, net income, earnings per share, cash flows or the
      balance sheet; therefore, we have excluded the impact of these expenses in
      the calculation of operating margins, core revenue and internal growth

(e)   Other operating charges include merger-related costs, unusual items,
      realignment charges and gain (loss) on sale of business that management
      excludes in its assessments of operating results and in determining
      operational incentive awards

CHOICEPOINT INC.
OPERATING RESULTS BY QUARTER



                                                            Total        Total
                                                            1998         1999        Q1 2000      Q2 2000      Q3 2000     Q4 2000
                                                            ----         ----        -------      -------      -------     -------
                                                                                                        
Insurance Services Revenue                                $ 148,017    $ 161,056    $  45,893    $  47,357    $  48,752   $  47,820
Business & Government Svcs Revenue                          150,169      187,999       54,583       58,480       60,316      59,891
Marketing Services Revenue                                    6,340       42,946       15,135       15,811       15,881      16,722
Royalty Revenue                                               6,636        6,219        1,543        1,648        1,604       1,569
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Core Revenue (b)                                      $ 311,162    $ 398,220    $ 117,154    $ 123,296    $ 126,553   $ 126,002
                                                          =========    =========    =========    =========    =========   =========
Revenue from Divested & Discontinued Lines (a)              106,063       64,035       18,170       13,250       12,324      10,869
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Revenue from products and services (c)                $ 417,225    $ 462,255    $ 135,324    $ 136,546    $ 138,877   $ 136,871
Reimbursable Expenses per EITF 01-14 (c)                      6,069       38,131        9,657        8,488        9,420       9,827
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Total Revenue                                         $ 423,294    $ 500,386    $ 144,981    $ 145,034    $ 148,297   $ 146,698
                                                          =========    =========    =========    =========    =========   =========

Insurance Services Operating Income                       $  66,387    $  77,604    $  20,923    $  23,055    $  24,317   $  26,597
Business & Government Svcs Operating Income                   7,998        2,285        1,200        6,738        9,429      12,010
Marketing Services Operating Income                           1,269       10,526        3,912        4,923        5,026       5,424
Royalty Operating Income                                      3,903        3,483          885        1,017          953         949
Income from Reimbursable Expenses                                --           --           --           --           --          --
Divested & Discontinued Operating Income (a)                 13,743       15,446        3,794        1,995        1,776         480
Corporate                                                   (27,611)     (33,619)      (8,453)     (11,664)     (11,580)    (11,806)
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Operating Income before other operating charges       $  65,689    $  75,725    $  22,261    $  26,064    $  29,921   $  33,654
                                                          =========    =========    =========    =========    =========   =========

Other operating charges (d)                                   5,049          513           --      (28,419)          --          --
                                                          ---------    ---------    ---------    ---------    ---------   ---------
OPERATING INCOME                                          $  70,738    $  76,238    $  22,261    $  (2,355)   $  29,921   $  33,654
                                                          =========    =========    =========    =========    =========   =========

OPERATING MARGINS
Insurance Services                                             44.9%        48.2%        45.6%        48.7%        49.9%       55.6%
Business & Government Services                                  5.3%         1.2%         2.2%        11.5%        15.6%       20.1%
Marketing Services                                             20.0%        24.5%        25.8%        31.1%        31.6%       32.4%
Divested & Discontinued Lines (a)                              13.0%        24.1%        20.9%        15.1%        14.4%        4.4%
ChoicePoint excluding other operating charges, as a
  percentage of revenue from products and services (c)         15.7%        16.4%        16.5%        19.1%        21.5%       24.6%
OPERATING INCOME AS A PERCENTAGE OF REVENUE
 FROM PRODUCTS AND SERVICES (C)                                17.0%        16.5%        16.5%        -1.7%        21.5%       24.6%
OPERATING INCOME AS A PERCENTAGE OF TOTAL REVENUE              16.7%        15.2%        15.4%        -1.6%        20.2%       22.9%

INTERNAL GROWTH RATES (E)
Insurance Services                                             21.9%        18.4%        22.0%        18.7%        17.6%       14.1%
Business & Government Services                                 19.9%        15.0%        15.9%        10.6%        17.7%       12.9%
Marketing Services                                              n/a          n/a         23.9%        21.4%        12.1%       12.9%
Total ChoicePoint                                              20.3%        16.1%        18.8%        14.9%        16.9%       13.2%




                                                            Total                                                           Total
                                                            2000        Q1 2001      Q2 2001      Q3 2001      Q4 2001      2001
                                                            ----        -------      -------      -------      -------      ----
                                                                                                        
Insurance Services Revenue                                $ 189,822    $  54,263    $  57,283    $  58,734    $  57,447   $ 227,727
Business & Government Svcs Revenue                          233,270       61,921       64,875       70,608       70,005     267,409
Marketing Services Revenue                                   63,549       16,586       16,150       22,054       21,671      76,461
Royalty Revenue                                               6,364        1,657        1,807        1,630        1,714       6,808
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Core Revenue (b)                                      $ 493,005    $ 134,427    $ 140,115    $ 153,026    $ 150,837   $ 578,405
                                                          =========    =========    =========    =========    =========   =========
Revenue from Divested & Discontinued Lines (a)               54,613        8,902        9,272        5,877          192      24,243
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Revenue from products and services (c)                $ 547,618    $ 143,329    $ 149,387    $ 158,903    $ 151,029   $ 602,648
Reimbursable Expenses per EITF 01-14 (c)                     37,392        8,950        8,139       10,816       10,123      38,028
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Total Revenue                                         $ 585,010    $ 152,279    $ 157,526    $ 169,719    $ 161,152   $ 640,676
                                                          =========    =========    =========    =========    =========   =========

Insurance Services Operating Income                       $  94,892    $  27,004    $  30,125    $  31,663    $  30,615   $ 119,407
Business & Government Svcs Operating Income                  29,377       10,773       10,497       10,769       13,050      45,089
Marketing Services Operating Income                          19,285        4,338        5,721        6,025        6,101      22,185
Royalty Operating Income                                      3,804        1,051        1,191        1,011        1,147       4,400
Income from Reimbursable Expenses                                --           --           --           --           --          --
Divested & Discontinued Operating Income (a)                  8,045         (580)        (234)        (665)        (292)     (1,771)
Corporate                                                   (43,503)     (10,843)     (13,929)     (12,525)     (11,981)    (49,278)
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Operating Income before other operating charges       $ 111,900    $  31,743    $  33,371    $  36,278    $  38,640   $ 140,032
                                                          =========    =========    =========    =========    =========   =========

Other operating charges (d)                                 (28,419)     (17,865)          --      (10,853)          --     (28,718)
                                                          ---------    ---------    ---------    ---------    ---------   ---------
OPERATING INCOME                                          $  83,481    $  13,878    $  33,371    $  25,425    $  38,640   $ 111,314
                                                          =========    =========    =========    =========    =========   =========

OPERATING MARGINS
Insurance Services                                             50.0%        49.8%        52.6%        53.9%        53.3%       52.4%
Business & Government Services                                 12.6%        17.4%        16.2%        15.3%        18.6%       16.9%
Marketing Services                                             30.3%        26.2%        35.4%        27.3%        28.2%       29.0%
Divested & Discontinued Lines (a)                              14.7%        -6.5%        -2.5%       -11.3%      -152.1%       -7.3%
ChoicePoint excluding other operating charges, as a
  percentage of revenue from products and services (c)         20.4%        22.1%        22.3%        22.8%        25.6%       23.2%
OPERATING INCOME AS A PERCENTAGE OF REVENUE
 FROM PRODUCTS AND SERVICES (C)                                15.2%         9.7%        22.3%        16.0%        25.6%       18.5%
OPERATING INCOME AS A PERCENTAGE OF TOTAL REVENUE              14.3%         9.1%        21.2%        15.0%        24.0%       17.4%

INTERNAL GROWTH RATES (E)
Insurance Services                                             18.0%        14.9%        15.8%        16.0%        18.5%       16.3%
Business & Government Services                                 14.2%         8.6%         1.4%        -3.8%        -5.6%       -0.1%
Marketing Services                                             17.0%         9.6%         2.1%         2.3%       -4.0%         2.3%
Total ChoicePoint                                              15.8%        11.2%         7.1%         4.6%         4.0%        6.6%




                                                                                                                Total
                                                           Q1 2002      Q2 2002      Q3 2002      Q4 2002       2002       Q1 2003
                                                           -------      -------      -------      -------       ----       -------
                                                                                                        
Insurance Services Revenue                                $  64,140    $  67,031    $  70,495    $  68,616    $ 270,282   $  76,134
Business & Government Svcs Revenue                           69,116       75,713       79,307       84,625      308,761      80,995
Marketing Services Revenue                                   23,717       27,950       27,467       26,699      105,833      25,573
Royalty Revenue                                               1,597        1,542        1,563        1,153        5,855       1,303
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Core Revenue (b)                                      $ 158,570    $ 172,236    $ 178,832    $ 181,093    $ 690,731   $ 184,005
                                                          =========    =========    =========    =========    =========   =========
Revenue from Divested & Discontinued Lines (a)                   72           --           --           --           72          --
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Revenue from products and services (c)                $ 158,642    $ 172,236    $ 178,832    $ 181,093    $ 690,803   $ 184,005
Reimbursable Expenses per EITF 01-14 (c)                     10,019        9,923       10,098        8,480       38,520      10,944
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Total Revenue                                         $ 168,661    $ 182,159    $ 188,930    $ 189,573    $ 729,323   $ 194,949
                                                          =========    =========    =========    =========    =========   =========

Insurance Services Operating Income                       $  35,024    $  35,502    $  37,163    $  36,950    $ 144,639   $  42,436
Business & Government Svcs Operating Income                  12,520       17,293       19,549       20,062       69,424      15,571
Marketing Services Operating Income                           7,405        9,232        8,509        7,720       32,866       6,908
Royalty Operating Income                                        997          933          932          464        3,326         646
Income from Reimbursable Expenses                                --           --           --           --           --          --
Divested & Discontinued Operating Income (a)                   (206)          --           --           --         (206)         --
Corporate                                                   (11,518)     (16,885)     (16,163)     (15,619)     (60,185)    (13,758)
                                                          ---------    ---------    ---------    ---------    ---------   ---------
    Operating Income before other operating charges       $  44,222    $  46,075    $  49,990    $  49,577    $ 189,864   $  51,803
                                                          =========    =========    =========    =========    =========   =========

Other operating charges (d)                                      --       (7,342)          --           --       (7,342)         --
                                                          ---------    ---------    ---------    ---------    ---------   ---------
OPERATING INCOME                                          $  44,222    $  38,733    $  49,990    $  49,577    $ 182,522   $  51,803
                                                          =========    =========    =========    =========    =========   =========

OPERATING MARGINS
Insurance Services                                             54.6%        53.0%        52.7%        53.9%        53.5%       55.7%
Business & Government Services                                 18.1%        22.8%        24.6%        23.7%        22.5%       19.2%
Marketing Services                                             31.2%        33.0%        31.0%        28.9%        31.1%       27.0%
Divested & Discontinued Lines (a)                            -286.1%         n/a          n/a          n/a       -286.1%        n/a
ChoicePoint excluding other operating charges, as a
  percentage of revenue from products and services (c)         27.9%        26.8%        28.0%        27.4%        27.5%       28.2%
OPERATING INCOME AS A PERCENTAGE OF REVENUE
 FROM PRODUCTS AND SERVICES (C)                                27.9%        22.5%        28.0%        27.4%        26.4%       28.2%
OPERATING INCOME AS A PERCENTAGE OF TOTAL REVENUE              26.2%        21.3%        26.5%        26.2%        25.0%       26.6%

INTERNAL GROWTH RATES (E)
Insurance Services                                             17.5%        17.0%        18.5%        18.0%        17.8%       17.2%
Business & Government Services                                 -3.8%         5.6%        12.3%        17.6%         8.4%        3.9%
Marketing Services                                              3.4%         5.4%         4.9%         6.7%         5.2%       -2.4%
Total ChoicePoint                                               5.7%        10.0%        13.4%        15.6%        11.4%        8.1%





                                                           Q2 2003      Q3 2003
                                                           -------      -------
                                                                 
Insurance Services Revenue                                $  77,922    $  78,100
Business & Government Svcs Revenue                           83,792       87,080
Marketing Services Revenue                                   25,676       22,631
Royalty Revenue                                               1,389        1,305
                                                          ---------    ---------
    Core Revenue (b)                                      $ 188,779    $ 189,116
                                                          =========    =========
Revenue from Divested & Discontinued Lines (a)                   --           --
                                                          ---------    ---------
    Revenue from products and services (c)                $ 188,779    $ 189,116
Reimbursable Expenses per EITF 01-14 (c)                     10,470       12,402
                                                          ---------    ---------
    Total Revenue                                         $ 199,249    $ 201,518
                                                          =========    =========

Insurance Services Operating Income                       $  44,364    $  43,998
Business & Government Svcs Operating Income                  18,585       18,652
Marketing Services Operating Income                           7,374        3,580
Royalty Operating Income                                        626          416
Income from Reimbursable Expenses                                --           --
Divested & Discontinued Operating Income (a)
Corporate                                                   (16,469)     (14,850)
                                                          ---------    ---------
    Operating Income before other operating charges       $  54,480    $  51,796
                                                          =========    =========

Other operating charges (d)                                 (19,817)      (4,022)
                                                          ---------    ---------
OPERATING INCOME                                          $  54,480    $  51,796
                                                          =========    =========

OPERATING MARGINS
Insurance Services                                             56.9%        56.3%
Business & Government Services                                 22.2%        21.4%
Marketing Services                                             28.7%        15.8%
Divested & Discontinued Lines (a)                               n/a          n/a
ChoicePoint excluding other operating charges, as a
  percentage of revenue from products and services (c)         28.9%        27.4%
OPERATING INCOME AS A PERCENTAGE OF REVENUE
 FROM PRODUCTS AND SERVICES (C)                                18.4%        25.3%
OPERATING INCOME AS A PERCENTAGE OF TOTAL REVENUE              17.4%        23.7%

INTERNAL GROWTH RATES (E)
Insurance Services                                             15.0%        10.1%
Business & Government Services                                 -2.5%        -3.9%
Marketing Services                                            -13.6%       -21.7%
Total ChoicePoint                                               2.4%        -1.2%


(a)   Divested & Discontinued Lines represents products and lines of businesses
      that were discontinued or divested, but which do not qualify for
      discontinued operations accounting.

(b)   Core revenue represents revenue from continuing business lines and is used
      by management to assess and manage its on-going businesses and to
      determine operational incentive awards

(c)   Reimbursable expenses represent certain reimbursed out-of-pocket expenses
      that are presented on a gross basis in accordance with EITF 01-14. As
      these expenses are fully reimbused, without mark-up, by our clients and in
      a majority of cases prepaid by the customers, there is no impact on
      operating income, net income, earnings per share, cash flows or the
      balance sheet; therefore, we have excluded the impact of these expenses in
      the calculation of operating margins, core revenue and internal growth

(d)   Other operating charges include merger-related costs, unusual items,
      realignment charges and gain (loss) on sale of business that management
      excludes in its assessments of operating results and in determining
      operational incentive awards

(e)   Internal revenue growth is the revenue growth from comparable business
      units for the same period in the prior year and excludes revenue from
      reimbursable expenses, acquisitions, divested and discontinued product
      lines and discontinued operations. This measure is used by management to
      analyze the performance of the business segments and as a criteria
      component for incentive compensation awards.

CHOICEPOINT INC.
OPERATING RESULTS BY QUARTER



                                                         Total       Total       Total
                                                         1998        1999        2000       Q1 2001     Q2 2001    Q3 2001
                                                         ----        ----        ----       -------     -------    -------
                                                                                                
NET INCOME                                             $  42,315   $  42,197   $  43,822   $   7,213   $  19,921  $      12
EPS                                                    $    0.52   $    0.52   $    0.52   $    0.08   $    0.23  $    0.00
Less:

    Cumulative change in accounting principle, net            --          --          --          --          --         --
    Income from discontinued operations, net of tax        4,037       3,997       3,656         881       1,249      1,208
    Gain on sale of discontinued operations, net              --          --          --          --          --         --
                                                       ---------   ---------   ---------   ---------   ---------  ---------
  Net income from continuing operations                $  38,278   $  38,200   $  40,166   $   6,332   $  18,672  $  (1,196)
EPS from continuing operations                         $    0.47   $    0.47   $    0.48   $    0.07   $    0.21  $   (0.01)

Add back: goodwill amortization net of taxes (a)           5,401       9,397      12,885       3,118       3,198      3,203
Pro forma Net income from continuing operations (a)    $  43,679   $  47,597   $  53,051   $   9,450   $  21,870  $   2,007
                                                       =========   =========   =========   =========   =========  =========
Pro forma EPS from continuing operations (a)           $    0.54   $    0.58   $    0.63   $    0.11   $    0.25  $    0.02
Add back:
    Other operating charges (b)                           (5,049)       (513)     28,419      17,865          --     10,853
    Tax provision (benefit) related to other
      operating charges                                    2,114         (78)     (8,604)     (6,655)         --     10,534
                                                       ---------   ---------   ---------   ---------   ---------  ---------
PRO FORMA INCOME FROM CONTINUING OPERATIONS
  EXCLUDING OTHER OPERATING CHARGES (A)(B)             $  40,744   $  47,006   $  72,866   $  20,660   $  21,870  $  23,394
                                                       =========   =========   =========   =========   =========  =========
PRO FORMA EPS FROM CONTINUING OPERATIONS
  EXCLUDING OTHER OPERATING CHARGES (A)(B)             $    0.51   $    0.58   $    0.87   $    0.24   $    0.25  $    0.27


Wtd Avg Shares                                            80,616      81,591      84,139      86,264      86,873     87,457




                                                                   Total                                                    Total
                                                       Q4 2001     2001      Q1 2002     Q2 2002     Q3 2002    Q4 2002     2002
                                                       -------     ----      -------     -------     -------    -------     ----
                                                                                                     
NET INCOME                                            $  23,188  $  50,334  $   2,998   $  24,113   $  31,262  $  31,454  $  89,827
EPS                                                   $    0.26  $    0.58  $    0.03   $    0.27   $    0.35  $    0.35  $    1.01
Less:

    Cumulative change in accounting principle, net           --         --    (24,416)         --          --         --    (24,416)
    Income from discontinued operations, net of tax       1,294      4,632      1,575       1,707       1,704      1,585      6,571
    Gain on sale of discontinued operations, net             --         --         --          --          --         --         --
                                                      ---------  ---------  ---------   ---------   ---------  ---------  ---------
  Net income from continuing operations               $  21,894  $  45,702  $  25,839   $  22,406   $  29,558  $  29,869  $ 107,672
EPS from continuing operations                        $    0.25  $    0.52  $    0.29   $    0.25   $    0.33  $    0.34  $    1.21

Add back: goodwill amortization net of taxes (a)          3,119     12,638         --                      --         --         --
Pro forma Net income from continuing operations (a)   $  25,013  $  58,340  $  25,839   $  22,406   $  29,558  $  29,869  $ 107,672
                                                      =========  =========  =========   =========   =========  =========  =========
Pro forma EPS from continuing operations (a)          $    0.28  $    0.67  $    0.29   $    0.25   $    0.33  $    0.34  $    1.21
Add back:
    Other operating charges (b)                              --     28,718         --       7,342          --         --      7,342
    Tax provision (benefit) related to other
      operating charges                                      --      3,879         --      (2,818)         --         --     (2,818)
                                                      ---------  ---------  ---------   ---------   ---------  ---------  ---------
PRO FORMA INCOME FROM CONTINUING OPERATIONS
  EXCLUDING OTHER OPERATING CHARGES (A)(B)            $  25,013  $  90,937  $  25,839   $  26,930   $  29,558  $  29,869  $ 112,196
                                                      =========  =========  =========   =========   =========  =========  =========
PRO FORMA EPS FROM CONTINUING OPERATIONS
  EXCLUDING OTHER OPERATING CHARGES (A)(B)            $    0.28  $    1.04  $    0.29   $    0.30   $    0.33  $    0.34  $    1.26


Wtd Avg Shares                                           88,101     87,151     88,969      89,692      89,612     89,064     89,194





                                                       Q1 2003    Q2 2003     Q3 2003
                                                       -------    -------     -------
                                                                    
NET INCOME                                            $  65,175  $  20,853   $  29,055
EPS                                                   $    0.73  $    0.23   $    0.32
Less:

    Cumulative change in accounting principle, net           --         --          --
    Income from discontinued operations, net of tax         991         --          --
    Gain on sale of discontinued operations, net         32,893         --          --
                                                      ---------  ---------   ---------
  Net income from continuing operations               $  31,291  $  20,853   $  29,055
EPS from continuing operations                        $    0.35  $    0.23   $    0.32

Add back: goodwill amortization net of taxes (a)             --         --          --
Pro forma Net income from continuing operations (a)   $  31,291  $  20,853   $  29,055
                                                      =========  =========   =========
Pro forma EPS from continuing operations (a)          $    0.35  $    0.23   $    0.32
Add back:
    Other operating charges (b)                              --     19,817       4,022
    Tax provision (benefit) related to other
      operating charges                                      --     (7,609)     (1,545)
                                                      ---------  ---------   ---------
PRO FORMA INCOME FROM CONTINUING OPERATIONS
  EXCLUDING OTHER OPERATING CHARGES (A)(B)            $  31,291  $  33,061   $  31,532
                                                      =========  =========   =========
PRO FORMA EPS FROM CONTINUING OPERATIONS
  EXCLUDING OTHER OPERATING CHARGES (A)(B)            $    0.35  $    0.37   $    0.35


Wtd Avg Shares                                           89,374     89,354      89,866


(a)   FASB Statement No. 142 discontinued the amortization of goodwill as of
      January 1, 2002. For comparison purposes, the above data excludes goodwill
      amortization in 1998-2001 as if FASB No. 142 was effective January 1,
      1998.

(b)   Other operating charges include merger-related costs, unusual items,
      realignment charges and gain (loss) on sale of business that management
      excludes in its assessments of operating results and in determining
      operational incentive awards and include the following components which
      are more fully described in our Annual Report on Form 10-K for the
      applicable years:



                                     Total     Total     Total                                        Total
                                     1998      1999      2000    Q1 2001  Q2 2001  Q3 2001  Q4 2001   2001    Q1 2002  Q2 2002
                                     ----      ----      ----    -------  -------  -------  -------   ----    -------  -------
                                                                                         
Merger transaction costs                 --        --    11,579       --       --       --       --       --       --       --
Merger personnel related costs          838        --     3,780    1,832       --       --       --    1,832       --       --
Other merger integration costs           --        --     3,629    2,433       --       --       --    2,433       --       --
Write down of minority investments       --       817        --       --       --       --       --       --       --    2,370
Asset impairments                     2,920       732     6,954   12,693       --       --       --   12,693       --    2,985
Nonmerger severance                      --       451     1,885      838       --       --       --      838       --      567
Other one-time charges                   --        --       592       69       --       --       --       69       --    1,420
(Gain) loss on sale of business      (8,807)   (2,513)       --       --       --   10,853       --   10,853       --       --
                                    -------   -------   -------  -------  -------  -------  -------  -------  -------  -------
  Total other operating charges      (5,049)     (513)   28,419   17,865       --   10,853       --   28,718       --    7,342
                                    =======   =======   =======  =======  =======  =======  =======  =======  =======  =======




                                                       Total
                                    Q3 2002  Q4 2002   2002    Q1 2003  Q2 2003  Q3 2003
                                    -------  -------   ----    -------  -------  -------
                                                               
Merger transaction costs                 --       --       --       --       --       --
Merger personnel related costs           --       --       --       --       --       --
Other merger integration costs           --       --       --       --       --       --
Write down of minority investments       --       --    2,370       --       --       --
Asset impairments                        --       --    2,985       --   12,490    3,015
Nonmerger severance                      --       --      567       --    2,848      882
Other one-time charges                   --       --    1,420       --    4,479      125
(Gain) loss on sale of business          --       --       --       --       --       --
                                    -------  -------  -------  -------  -------  -------
  Total other operating charges          --       --    7,342       --   19,817    4,022
                                    =======  =======  =======  =======  =======  =======