Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  ValueAct SmallCap Management, L.P.
 2. Date of Event Requiring Statement (Month/Day/Year)
01/24/2008		 3. Issuer Name and Ticker or Trading Symbol
ACXIOM CORP [ACXM]
(Last)
(First)
(Middle)
435 PACIFIC AVENUE, 4TH FLOOR		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN FRANCISCO, CA 94133		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, par value $.10 per share 25,500
I
See Footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ValueAct SmallCap Management, L.P.
435 PACIFIC AVENUE
4TH FLOOR
SAN FRANCISCO, CA 94133		     X    
VA SmallCap Partners, LLC
435 PACIFIC AVENUE
4TH FLOOR
SAN FRANCISCO, CA 94133		     X    
ValueAct SmallCap Management, LLC
435 PACIFIC AVENUE
4TH FLOOR
SAN FRANCISCO, CA 94133		     X    
Lockwood David James
435 PACIFIC AVENUE
4TH FLOOR
SAN FRANCISCO, CA 94133		     X    

Signatures

VALUEACT SMALLCAP MANAGEMENT, L.P., By: VALUEACT SMALLCAP MANAGEMENT, LLC, its General Partner, By: /s/ David Lockwood, Managing Member 01/28/2008
**Signature of Reporting Person Date
VA SMALLCAP PARTNERS, LLC, By: /s/ David Lockwood, Managing Member 01/28/2008
**Signature of Reporting Person Date
VALUEACT SMALLCAP MASTER FUND, L.P., By: VA SMALLCAP PARTNERS, LLC, its General Partner, By: /s/ David Lockwood, Managing Member 01/28/2008
**Signature of Reporting Person Date
VALUEACT SMALLCAP MANAGEMENT, LLC, By: /s/ David Lockwood, Managing Member 01/28/2008
**Signature of Reporting Person Date
/s/ David Lockwood 01/28/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reported stock is owned directly by ValueAct SmallCap Master Fund, L.P. and may be deemed to be beneficially owned by (i) VA SmallCap Partners, LLC as the General Partner of ValueAct SmallCap Master Fund, L.P., (ii) ValueAct SmallCap Management, L.P. as the manager of ValueAct SmallCap Master Fund, L.P. and (iii) ValueAct SmallCap Management, LLC as the General Partner of ValueAct SmallCap Management, L.P. David Lockwood is the Managing Member of VA SmallCap Partners, LLC and ValueAct SmallCap Management, LLC. The reporting persons disclaim beneficial ownership of the reported stock except to the extent of their pecuniary interest therein.
 
Remarks:
Joint Filer Information:

Name: ValueAct SmallCap Master Fund, L.P.
Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133
Designated Filer: ValueAct SmallCap Management, L.P.
Issuer and Ticker Symbol:  Acxiom Corp. (ACXM)
Date of Event Requiring Statement:  January 24, 2008

Name: VA SmallCap Partners, LLC
Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133
Designated Filer: ValueAct SmallCap Management, L.P.
Issuer and Ticker Symbol:  Acxiom Corp. (ACXM)
Date of Event Requiring Statement:  January 24, 2008

Name: ValueAct SmallCap Management, LLC
Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133
Designated Filer: ValueAct SmallCap Management, L.P.
Issuer and Ticker Symbol:  Acxiom Corp. (ACXM)
Date of Event Requiring Statement:  January 24, 2008

Name: David Lockwood
Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133
Designated Filer: ValueAct SmallCap Management, L.P.
Issuer and Ticker Symbol:  Acxiom Corp. (ACXM)
Date of Event Requiring Statement:  January 24, 2008

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