Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause Intuit's actual results to differ materially from the expectations expressed in the forward-looking statements. These factors include, without limitation, the following: product introductions and price competition from Intuit's competitors, including Microsoft, can have unpredictable negative effects on our revenue, profitability and market position; governmental encroachment in the company's tax businesses or other governmental activities regulating the filing of tax returns could negatively affect Intuit's operating results and market position; current and future products and services may not adequately address customer needs and may not achieve broad market acceptance, which could harm Intuit's operating results and financial condition; the company may not be able to accurately predict consumer behavior, and consumers may not respond as Intuit expects to its advertising and promotional activities; its participation in the Free File Alliance may result in lost revenue due to potential customers filing free federal returns and electing not to pay for state filing or other services and cannibalization of Intuit's traditional paid franchise; the company's revenue and earnings are highly seasonal and the timing of its revenue between quarters is difficult to predict, which may cause significant quarterly fluctuations in Intuit's financial results; predicting tax-related revenues is challenging due to the heavy concentration of activity in a short time period; the company may not be able to successfully introduce new products and services to meet its growth and profitability objectives; its new product or service offerings may not attract customers or they may negatively impact Intuit's profitability if the business models for new offerings are not successful or if customers elect to purchase lower-priced alternatives; Intuit has implemented, and is continuing to upgrade, new information systems and any problems with these new systems could interfere with Intuit's ability to ship and deliver products and gather information to effectively manage its business; its financial position may not make repurchasing shares advisable or Intuit may issue additional shares in an acquisition causing the number of outstanding shares to grow; litigation involving intellectual property, antitrust, shareholder and other matters may increase costs; Intuit's failure to maintain reliable and responsive service levels for its offerings could cause the company to lose customers and negatively impact its revenues and profitability; and the conditions to closing the sale of the Master Builder business might not be satisfied or may take longer to satisfy than expected, the purchase agreement could be terminated by the parties in accordance with its terms, or the actual impact of the sale on our results could vary due to potential adjustments to the purchase price. More details about these and other risks that may impact Intuit's business are included in the Form 10-K for fiscal 2005 and in other SEC filings. You can locate these reports through Intuit's Web site at http://www.intuit.com/about_intuit/investors. Forward-looking statements are based on information as of May 17, 2006, and Intuit does not undertake any duty to update any forward-looking statement or other information in this press release.

(Fact Sheet follows)