Russian Borrowers’ Credit Performance Hits Two-Year Low, According to FICO and NBKI Index

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MOSCOW — November 19, 2012 — FICO (NYSE:FICO), the leading provider of analytics and decision management technology, and the National Bureau of Credit Histories (NBKI), Russia’s leading credit bureau, today released data showing that Russian borrowers’ credit repayments fell in the third quarter, putting the FICO® Credit Health Index at the lowest point since October 2010. The FICO Credit Health Index fell 2 points from last quarter, to 111 points. This was the second drop this year.

The FICO Credit Health Index measures the overall credit health of the country, based on the percentage of consumer loans and credit cards reported to NBKI that are delinquent by more than 60 days. Since October 2009, when this “bad rate” was 11.28 percent, the index steadily improved until January 2012, when just 7.05 percent of Russian credit accounts were delinquent. At the October 2012 reading, the index represents a bad rate of 7.76 percent.

“Despite the drop in the third quarter, the FICO Credit Health Index still reflects relatively high quality of credit behavior,” said NBKI CEO Alexander Vikulin.. “More borrowers are showing short-term delinquencies in their credit obligations, but the overall quality of credit portfolios is strong.”

All regions for October 2012 have shown a drop in their index since January 2012. The biggest drop occurred in Dalnevostochny, which fell from 122 to 111 last quarter. The Centralnyi and Privoljskii regions contain the largest credit-active populations, and both regions outperformed the total population for October 2012 and the average total population index since October 2008.

“The FICO Credit Health Index fell only slightly, and Russian borrowers continue to show positive behavior,” said Evgeni Shtemanetyan, who directs FICO’s operations in Russia. “However, this year has seen a change in the index’s direction, and we advise credit organizations to monitor their customers closely, and review their credit approval strategies.”

FICO and NBKI share this data with Russian lenders to improve their understanding of the market, and help them safely extend credit to consumers. Russia is one of the fastest-growing credit markets. According to NBKI, banks’ and financial organizations’ credit portfolios grew by 25% during the first half of 2012.

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FICO (NYSE:FICO), formerly known as Fair Isaac, delivers superior predictive analytics solutions that drive smarter decisions. The company’s groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO’s innovative solutions include the industry-leading solutions for measuring credit risk, managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world’s top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands.

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About NBKI
National Bureau of Credit Histories (NBKI) is the largest credit bureau in the Russian Federation. It was created in 2005, and counts among its shareholders major commercial banks and international companies CRIF and TransUnion. Its main specialty is an integrated center that stores and processes comprehensive data for creditors’ decision making. As of August 2012, NBKI consolidates data from more than 1,350 Russian creditors. The bureau provides the Russian market with modern high-tech solutions for risk assessment and control.

Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company’s Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO’s SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2012. If any of these risks or uncertainties materializes, FICO’s results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.

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