Intuit's Quicken.com Web site (www.quicken.com) is a leading financial site, offering a comprehensive set of financial news, information and tools, including insurance, mortgage, investment and tax preparation services. Intuit's products and services enable individuals, small businesses and financial professionals to better manage their financial lives and businesses.

Risks and Uncertainties Related to Forward-Looking Statements
This press release includes "forward-looking" statements about the company's future financial results. All forward-looking statements are subject to risks and uncertainties and actual results may differ materially from the company's expressed expectations. The company will not update the information in this press release if any forward-looking statement later turns out to be inaccurate. The following risks and uncertainties are the important factors that may affect the company's future results relating to the forward-looking statements in the press release. More details about these and other risk factors are included in Intuit's fiscal 2000 Form 10-K and other recent SEC filings.

• The company faces competitive pressures in all of its businesses, particularly its consumer tax preparation software business, which can have a negative impact on revenue, profitability and market position.
• If the company fails to maintain reliable and responsive service levels for its electronic tax offerings, it could lose revenue and customers.
• Despite its efforts to adequately staff and equip its customer service and technical support operations, the company cannot always respond promptly to customer requests for assistance. This can adversely affect customer relationships and its financial performance.
• The company faces risks relating to customer privacy and security and increasing regulation, which could hinder the growth of its businesses - particularly its Internet-based businesses.
• The company's mortgage business is subject to interest rate fluctuations and operational risks that could have a negative impact on future revenue and profitability and could impact its anticipated revenue "break even" point.
• In order to continue expanding its customer base in the payroll services business, the company must continue to improve the efficiency and effectiveness of its payroll processing operations and improve customer account activation rates for its Premier and Deluxe (online) payroll processing services.
• If the company does not continue to successfully refine and update the business models for its Internet-based products and services and other emerging service businesses, and operationally support these businesses, the businesses will not achieve sustainable financial viability or broad customer acceptance.
• If the company's QuickBooks Internet Gateway services do not achieve and maintain acceptance by customers and the third-party vendors who provide these services, they will not generate long-term revenue growth or profitability.
• A general decline in economic conditions could lead to reduced demand for the company's products and services.
• Actual product returns may exceed return reserves.
• The company faces intense competition for qualified employees, especially for its Internet-based businesses.
• The company's ability to conduct business could be impacted by a variety of factors such as electrical power interruptions (which have recently occurred in California in the form of "rolling blackouts"), earthquakes, fires and other similar events.