Parsippany, N.J. (March 16, 2004) -- Cendant Corp. subsidiary Jackson Hewitt Tax Service Inc. plans to go public in an offering estimated at $100 million, according to the company's registration, filed with the Securities and Exchange Commission on Monday.

The initial public offering is expected to take place in the second quarter of 2004. The company, which intends to list on the New York Stock Exchange under the symbol JTX, didn't specify the price or amount of shares to be offered. Goldman, Sachs & Co. and J.P. Morgan Securities Inc. are serving as joint book-running managers of the offering.

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