Forward-Looking Factors

Dividend Payment

A cash dividend of $5.7 million was paid on December 18, 2007 to common stockholders of record on November 30, 2007. Cash dividends will be paid using existing and future cash generated by operations.

Business Outlook

Second Quarter 2008 Expectations

• Revenues are expected to range between $137 million and $141 million.
• Operating margins are expected to range between 30.5% and 32.5%. This operating margin guidance holds currencies constant and assumes no change in the expected outcome of performance based stock options.
• The effective tax rate is expected to range between 34.0% and 35.0%.

Full Fiscal Year 2008

• Capital expenditures, net of landlord contributions, are expected to range between $38 million and $44 million.

Market Sensitivities

We are exposed to various economic and financial risks associated with equity and foreign currency markets as well as risks related to interest rate fluctuations during the normal course of business. The major equity indices (for example Dow Jones 30 Industrials, Russell 2000®, Nasdaq Composite®, and MSCI EAFE Index) have experienced significant volatility in the past five years. Continued volatility in general economic and market conditions is still possible in the near future. External factors such as the threat of terrorist activities, acts of nature such as hurricanes and earthquakes or rising energy prices could undermine any potential economic recovery or advancement. A decline in the worldwide markets could adversely impact a significant number of our clients (primarily investment management firms and investment banks) and increase the likelihood of personnel and spending reductions among our existing and potential clients. Continued investigations into the investment management industry by various regulatory bodies could have an adverse effect on our business. A policy of persistent interest rate increases adopted by the Federal Reserve Bank and/or continued inflationary pressures could derail the current economic recovery and adversely affect the operations of our clients. In addition, changes to regulations regarding soft dollar payments could have a negative impact on our operations.

Forward-Looking Statements

Our news release and public filings contain forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about our strategy for growth, product development, market position, subscriptions, expected expenditures and financial results are forward-looking statements. Forward-looking statements may be identified by words like "expected," "anticipates," "plans," "intends," "projects," "should," "indicates," "continues," "subscriptions" and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in FactSet's filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K and quarterly reports on Form 10-Q, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to, the stability of global securities markets; the ability to hire qualified personnel; the maintenance of our leading technological position; the impact of global market trends on our revenue growth rate and future results of operations; the negotiation of contract terms with corporate vendors, data suppliers and potential landlords; the retention of key clients; the successful resolution of ongoing audits by tax authorities; the continued employment of key personnel; the absence of U.S. or foreign governmental regulation restricting international business; and the sustainabilityof historical levels of profitability and growth rates in cash flow generation.