The PMI Group, Inc. Standardizes On Cognos For Performance Management

– Latest purchase of Cognos Planning software rounds out leading insurer’s Cognos CPM deployment –

BURLINGTON, MA November 8, 2005 - Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence and corporate performance management (CPM), today announced that The PMI Group, Inc. (NYSE:PMI) has standardized on Cognos Planning software for planning and budgeting.

The PMI Group, Inc., headquartered in Walnut Creek, CA, is an international provider of credit enhancement products that promote homeownership and facilitate mortgage transactions in the capital markets.

PMI required an easy-to-use, comprehensive, budgeting and planning solution. Cognos Planning was selected for its integrated, web-based financial planning, budgeting, and forecasting capabilities.

“The implementation of Cognos Planning is a significant step toward a common, interoperable budgeting platform across the enterprise,” said Donald P. Lofe, Jr., Chief Financial Officer for The PMI Group, Inc .

Enterprise planning is a core element of Cognos’ corporate performance management solution. It helps corporate finance departments define and link the operational drivers for companies’ entire planning process, enables broad-based collaboration in planning across organizations, and helps managers make resource allocation decisions in response to changing market conditions quickly and with confidence.

“We’re very pleased that PMI has extended its partnership with Cognos by selecting Cognos Planning,” said Dave Laverty, senior vice-president, Global Marketing, Cognos. “We look forward to working with them to optimize the planning and budgeting process.”

The PMI Group, Inc.
The PMI Group, Inc. (NYSE:PMI), headquartered in Walnut Creek, CA, is an international provider of credit enhancement products that promote homeownership and facilitate mortgage transactions in the capital markets. Through its wholly owned subsidiaries and unconsolidated strategic investments, the company offers residential mortgage insurance and credit enhancement products domestically and internationally, financial guaranty insurance, and financial guaranty reinsurance. T hrough its subsidiaries, The PMI Group, Inc. is one of the world’s largest providers of private mortgage insurance with operations in the United States, Australia, New Zealand, and the European Union, as well as one of the largest providers of mortgage guaranty reinsurance in Hong Kong. For more information: www.pmigroup.com.

About Cognos:

Cognos delivers the next level of competitive advantage - Corporate Performance Management (CPM) - achieved through the strategic application of BI on an enterprise scale. Our integrated CPM solution helps customers drive performance through planning; monitor performance through scorecarding; and understand performance through business intelligence.

Cognos serves more than 23,000 customers in over 135 countries. Cognos enterprise business intelligence and performance management solutions and services are also available from more than 3,000 worldwide partners and resellers. For more information, visit the Cognos Web site at http://www.cognos.com.