Intuit Press Release- Intuit Announces Management Changes

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Intuit Announces Management Changes

MOUNTAIN VIEW, Calif. - January 05, 2004 - Intuit Inc. (Nasdaq: INTU) today announced changes to its management team. With preparation for the current tax season complete, Tom Allanson, senior vice president of the consumer tax group, has decided it is an appropriate time to pursue other career opportunities. Steve Bennett, Intuit's president and chief executive officer, will be the acting leader of the consumer tax business until the company finds a replacement.

Intuit also announced that it has expanded the role of Raymond Stern, senior vice president of corporate strategy and development, to include responsibility as chief marketing officer. As a result, Tom Weigman is leaving the company.

About Intuit Inc.

Intuit Inc. (Nasdaq: INTU) is a leading provider of business and financial management solutions for small and mid-sized businesses, consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax® software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation software suites for professional accountants.

Founded in 1983, Intuit had annual revenue of more than $1.6 billion in its fiscal year 2003. The company has nearly 7,000 employees with major offices in 13 states across the U.S. and offices in Canada and the United Kingdom. More information can be found at www.intuit.com.

Intuit, the Intuit logo, and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.


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