MINNEAPOLIS, MN, July 21, 2005 -- Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, today announced that Bank Renaissance Capital, a consumer finance division of Russia's leading investment bank, is utilizing Fair Isaac's Capstone(R) Decision Manager to make more efficient, reliable automated credit risk decisions for its consumer loan portfolio.

The agreement with Bank Renaissance Capital marks the first implementation of Fair Isaac's high-performance platform for new account decisions and processing in Russia. The bank chose Capstone Decision Manager to support its new consumer finance initiatives, including the processing of remote applications for installment credit on unsecured merchandise, such as electronics products, credit cards, auto loans and general purpose loans.

Capstone provides the workflow, database management and decision management framework for Bank Renaissance Capital's origination decisions. It is designed to increase processing flexibility and efficiency, improve the quality of credit decisions and lower the costs associated with processing applications.

"Bank Renaissance Capital needed a flexible, scalable system that would help us make consistently intelligent decisions at the individual customer level," said Fernando Silva, director of Risk at Bank Renaissance Capital. "With Fair Isaac's Capstone Decision Manager, we can optimize what we know about the individual needs and preferences of our customers and use that information to make customized offers, while controlling risk and increasing profitability. In addition, the ease and speed of implementation and localization in the Russian language made the product the right choice for us. Capstone provides a flexible platform to deal with the complexity of managing risk in Russia, which allowed us to expand the business profitability into more than 300 retailers in 27 cities across Russia in less than one year of operations."

The Russian consumer finance market is growing rapidly. Last year, the volume of issued consumer credits more than doubled to reach RUR300 billion (approximately $10 billion). According to the Russian Central Bank, retail lending to private citizens hit $15 billion by mid-2004, a 50 percent increase in six months, and up from just $1 billion since the start of 2000.

"Bank Renaissance Capital's selection of the Capstone solution is in direct response to increasing demand for retail credit in Russia," said Robert Duque-Ribeiro, vice president of International Sales at Fair Isaac. "Our origination offerings are uniquely positioned to help leading financial service providers such as Bank Renaissance Capital grow profitably. We look forward to broadening our direct presence in this emerging market and introducing new customers to the powerful benefits of this technology."

About Fair Isaac's Capstone Decision Manager

Fair Isaac's Capstone Decision Manager combines advanced decisioning and analytics on a single enterprise platform to enable real-time decisions that balance risk and reward. It seamlessly integrates with banks' existing systems and allows easy access to internal and external data sources, increasing efficiency by automating business policy implementation and streamlining workflow. With its flexible architecture, the software is designed to quickly adapt to evolving business strategies.

With general processing rates of more than 30,000 applications per hour, the Capstone software automates the entire application decision process - starting from the point where applications are received electronically from various delivery channels to the point where decisions are returned on that application and approved applications are sent to back-end servicing systems. When manual intervention is required, Capstone expedites the process by performing routine tasks and delivering applications to analysts with complete information.

Fair Isaac's Capstone Decision Manager is used for more than 35 percent of U.S. credit card applications and 25 percent of UK mortgage underwriting, and globally to decision applications in consumer lending, auto loan originations, credit cards, small business lending, mortgage and insurance underwriting, and claims processing.

About Bank Renaissance Capital

Renaissance Capital is the leading independent investment bank operating in the Russian financial market, serving both domestic and international clients. Since its founding in 1995, the company has raised over US $12 billion for Russian companies - more than any other financial institution - and has completed many high-profile deals.

In 2005, 2004 and 2003, Renaissance Capital was voted the No. 1 research house in Russia in the Institutional Investor "All-Europe Research Team" survey. In 2003, this was the first time that a locally based firm, rather than a satellite office or a joint venture that included an international firm, had won this distinction in Russia. In June 2004, Renaissance Capital comprehensively won Institutional Investor magazine's "All-Russia Research Team" survey. Renaissance Capital came in first by a wide margin, placing in all categories and winning a total of 15 team positions, including 8 out of a possible 11 first-place finishes. In 2004, Renaissance Capital's shareholders invested USD 22.5 million, as start-up capital, in a consumer finance business, which is remote both legally and operationally from Renaissance Capital.

The Consumer Finance business named as "Bank Renaissance Capital" launched its first lending product in March 2004. The bank is currently providing consumer credit services to the largest retailers in Russia and has developed credit cards, auto loans and general purpose loan products distributed through partnerships and directly. Renaissance Capital currently offers its financial solution in more than 27 cities across Russia focusing on marketing, risk and service delivery.

About Fair Isaac

Fair Isaac Corporation (NYSE:FIC) is the preeminent provider of creative analytics that unlock value for people, businesses and industries. The company's predictive modeling, decision analysis, intelligence management, decision management systems and consulting services power billions of mission-critical customer decisions a year. Founded in 1956, Fair Isaac helps thousands of companies in over 60 countries acquire customers more efficiently, increase customer value, reduce fraud and credit losses, lower operating expenses and enter new markets more profitably. Most leading banks and credit card issuers rely on Fair Isaac solutions, as do insurers, retailers, telecommunications providers, healthcare organizations and government agencies. Through the www.myFICO.com Web site, consumers use the company's FICO(R) scores, the standard measure of credit risk, to manage their financial health. For more information, visit www.fairisaac.com.

Statement Concerning Forward-Looking Information

Except for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its Capstone Decision Manager offering, and the benefits to be derived from this offering, 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 any unforeseen technical difficulties related to the implementation, use and functionality of the offering, the risks that customers will not perceive material benefits from the offering, failure of the product to deliver the expected results, the possibility of errors or defects in the offering, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2004, and quarterly report on Form 10-Q for the period ended March 31, 2005. Forward-looking statements should be considered with caution. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Fair Isaac's results could differ materially from Fair Isaac's expectations in these statements. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.

Fair Isaac, Capstone and FICO are trademarks or registered trademarks of Fair Isaac Corporation, in the United States and/or in other countries. Other product and company names herein may be the trademarks of their respective owners.

Angela Carlson, 415-492-5373 (Media)
acarlson@fairisaac.com