Tuesday, October 23, 2007

Shamrock Activist Value Discloses 6.6% Stake in

In a recent 13D filing, Shamrock Activist Value Fund disclosed a 6.59% stake in Jackson Hewitt Tax Service Inc. (NYSE: JTX).

Shamrock said it has had, and anticipates having further, discussions with the Company’s Board of Directors and senior management regarding ideas to enhance shareholder value.

Shamrock has proposed that the Company adopt changes to the current executive compensation plan, declassify its staggered Board and use its capital resources to expand the Company’s stock repurchase activities.

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