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Jackson Hewitt Announces $50 Million Share Repurchase Program

Released on = July 19, 2005, 8:25 pm

Press Release Author = Jackson Hewitt Tax Service

Industry = Consumer Services

Press Release Summary = Jackson Hewitt Announces $50 Million Share Repurchase Program

Press Release Body = PARSIPPANY, N.J., July 5 -- Jackson Hewitt Tax Service Inc. (NYSE: JTX) announced today that its Board of Directors has authorized a new $50 million share repurchase program. The Company has completed all purchases under its previously announced 500,000 share repurchase program. About Jackson Hewitt Tax Service Inc. Jackson Hewitt Tax Service Inc. (NYSE: JTX) is the second largest tax preparation service company in the United States, with over 5,400 franchised and company-owned offices in 49 states and the District of Columbia. Specializing in electronic filing
(IRS e-file), the Company provides full service, individual federal and state income tax preparation and facilitates related financial products. Most Jackson Hewitt offices are independently owned and operated. Jackson Hewitt is based in Parsippany,
New Jersey. More information about the Company may be obtained by visiting the Company's website at http://www.jacksonhewitt.com. SOURCE Jackson Hewitt Tax Service Inc. ??CONTACT: ?Investor Relations, David Kraut?Senior Director, Treasury and Investor Relations?1-973-496-3401, or ?Media
Relations, Sheila Cort?Senior Director, Communications?1-973-496-2702

Web Site = http://www.jacksonhewitt.com

Contact Details = 1-800-234-1040
jh@digitalbrandexpressions.com
Jackson Hewitt Tax Service
7 Sylvan Way
Parsippany, NJ 07054

www.jacksonhewitt.com