Jackson Hewitt Reports Record Preliminary Fiscal 2006 Tax Filing Results

PARSIPPANY, N.J., May 11 — Jackson Hewitt Tax Service Inc. (NYSE: JTX) reported today that the Company's network of franchised and company-owned offices prepared a record 3.66 million tax returns in the 2006 fiscal year, which represents a 10.2% increase over the prior year and exceeds the Company's previously announced expectations of an 8 to 10% increase. Average revenues per tax return increased by approximately 13.5%, also exceeding previous Company expectations of a 7 to 10% increase.

"We are very pleased that our location growth, enhanced products and services and new advertising campaign generated strong momentum throughout the tax season and contributed to a record number of customers this year," said Michael Lister, Chairman and Chief Executive Officer.
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