Informatica Corporation Announces Stock Repurchase Program

REDWOOD CITY, Calif., July 2, 2004—Informatica Corporation (NASDAQ: INFA), a leading provider of data integration software, today announced that its Board of Directors has authorized a stock repurchase program for up to five million shares of common stock.  As of April 30, 2004, the company had approximately 86 million shares of common stock outstanding.

Purchases may be made, from time to time, in the open market and will be funded from available working capital.  The number of shares to be purchased and the timing of purchases will be based on several factors, including the price of Informatica's stock, general business and market conditions, and other investment opportunities.

"This stock repurchase program underscores our belief in Informatica's future," said Earl Fry, executive vice president and chief financial officer. "Repurchasing stock at current valuation levels is a prudent use of cash and represents an opportunity to enhance long-term shareholder value.  Informatica has a strong cash position and this repurchase program will help minimize dilution from stock issued under our employee stock plans."

About Informatica
Informatica Corporation (NASDAQ: INFA) is a leading provider of data integration software. Using Informatica products, companies can access, integrate, visualize, and audit their enterprise information assets to help improve business performance, increase customer profitability, streamline supply chain operations and proactively manage regulatory compliance. More than 2,000 companies worldwide rely on Informatica for their end-to-end enterprise data integration needs. For more information, call 650-385-5000 (1-800-970-1179 in the U.S.), or visit www.informatica.com.

This press release contains forward-looking statements regarding the company's intention to repurchase shares of its common stock under the stock repurchase program.  Informatica's intentions with regard to the stock repurchase program may be affected by a number of factors, which include the market price of  the company's stock, general business and market conditions,  and management's determination of alternative needs and uses of the company's cash resources.  Further risks are detailed from time to time in Informatica's SEC reports, including its Form 10-K Report and Form 10-Q filings.  Informatica assumes no duty to update any of the forward-looking statements in this release.

Note: Informatica is a registered trademark of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.