• Intuit faces a number of risks if the business of the new company is not financially successful for any reason, including rising interest rates or other changes in the economic environment that impact mortgage lending. Those risks include, but are not limited to (a) inability of the new company to meet its payment obligations to Intuit under the transition period line of credit, the note relating to the purchase and the distribution and license agreements between the parties; and (b) a decline in value of the new company that could require Intuit to take an impairment charge relating to its 12.5 percent equity interest in the new company and the promissory note.
• If the new company violates the trademark license governing its use of the Quicken Loans or Quicken Mortgage names, it could result in serious and irreparable harm to Intuit's reputation and the value of its Quicken-related brands.

As part of the transaction, Intuit entered into a non compete agreement with the new company that could limit Intuit's future business opportunities in unanticipated ways.

Additional information about factors that could affect future results and events is included in Intuit's fiscal 2001 Form10-K and subsequent reports filed with the Securities and Exchange Commission, and at www.intuit.com/company/investors/considerations.html

Intuit, the Intuit logo, Quicken, QuickBooks, QuickBooks Pro, QuickBase, TurboTax, ProSeries and Lacerte, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Quicken.com and Intuit Master Builder, among others, are trademarks and/or service marks of Intuit Inc., or one of its subsidiaries, in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.