TALX Announces Quarterly Dividend; Adopts Stock Repurchase Plan

    Business Editors

    ST. LOUIS--(BUSINESS WIRE)--May 10, 2005--TALX Corporation (NASDAQ: TALX), a leading business process outsourcer of payroll data-centric services, announced today that its board of directors has approved a quarterly dividend of $0.04 per share, payable on July 8, 2005 to shareholders of record at the close of business on June 17, 2005.
    The board of directors also approved the repurchase of up to 2,000,000 shares of TALX common stock during the 36-month period ending May 9, 2008. Under the stock repurchase plan, TALX may conduct its purchases in the open market at the then-prevailing market price, or in private or negotiated transactions. Subject to limitations, including those found in TALX's second amended and restated loan agreement, shares may be repurchased from time to time based on prevailing market factors, share price and other factors. The plan also provides that the number of shares of TALX common stock subject to repurchase shall be adjusted in the event of any change in the number of shares of outstanding TALX common stock by reason of stock dividends or stock splits, or the like.

    TALX Corporation is a leading business process outsourcer of payroll data-centric services. Based in St. Louis, Missouri, TALX holds a leadership position in two key employment-related services - automated employment and income verification services via The Work Number(R) and unemployment cost management services via UC eXpress(R). TALX also provides paperless payroll services, W-2 services, time entry and approval services, automated hiring services, and tax credit consulting and administrative services. The company's common stock trades on The Nasdaq National Market under the symbol TALX. For more information about TALX Corporation, call 314-214-7000 or access the company's Web site at www.talx.com.

    Statements in this news release expressing the expectations of management may be forward-looking and involve uncertainties. TALX risk factors are detailed in documents filed with the Securities and Exchange Commission.

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CONTACT: TALX Corporation, St. Louis L. Keith Graves, 314-214-7000 lkg@talx.com www.talx.com

KEYWORD: MISSOURI INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS BANKING SOFTWARE NETWORKING DIVIDEND SOURCE: TALX Corporation

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