Item 2.05. Costs Associated with Exit or Disposal Activities.
On January 7, 2009, Fair Isaac Corporation (the "Company") announced additional actions being taken pursuant to its existing reengineering program, which was originally announced on April 1, 2008. The additional actions were committed to by the Company's management on December 31, 2008, and are primarily aimed at reducing costs through headcount reductions, facility consolidations, and modification of certain employee compensation and benefit programs. The Company expects the additional actions to result in an aggregate pre-tax restructuring charge of approximately $8 million in the first quarter of fiscal 2009, approximately 75% of which will result in future cash expenditures.
As part of the additional actions under the reengineering program, the Company has identified and is eliminating approximately 170 positions across the Company (in addition to 80 positions eliminated during the first quarter of fiscal 2009). The headcount reduction is anticipated to result in severance and related pre-tax charges of approximately $5.8 million in the first quarter of fiscal 2009. In addition, the Company is vacating portions of certain of its facilities. The Company expects this to result in pre-tax charges of approximately $2.2 million in the first quarter of fiscal 2009, which represent future cash lease obligations, net of anticipated sublease income. Item 7.01. Regulation FD Disclosure.
On January 7, 2009, the Company issued a press release announcing the additional actions under the reengineering program described above. The full text of that press release is furnished herewith as Exhibit 99 and incorporated by reference into this Item 7.01.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibit.

99 Press Release dated January 7, 2009

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