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Intuit Announces Management Change
MOUNTAIN VIEW, Calif. - January 30, 2004 - Intuit Inc. (Nasdaq: INTU) today announced that Nick Spaeth, senior vice president and general counsel, has resigned to accept a position in his hometown of Kansas City.

"Intuit is a great company, this has been an outstanding opportunity for me and I think Intuit has a brilliant future. However, my family and I have decided we couldn't leave Kansas City," said Spaeth. "While this was a difficult decision for me professionally, it's the right move personally. Among the opportunities available in Kansas City, I was fortunate enough to be selected chief legal officer of H&R Block Inc.

"Nick has made valuable contributions and we're sorry to see him leave," said Steve Bennett, Intuit's president and chief executive officer. "At the same time, we have a talented legal team and look forward to bringing another world-class leader to Intuit." Intuit has begun a search for Spaeth's replacement.

 
About Intuit
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.

 
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