Reynolds and Reynolds Declares Regular Third Quarter Dividend

    DAYTON, Ohio, May 8 The Reynolds and Reynolds Company's
board of directors today declared a regular third quarter Class A
common stock dividend of 11 cents per share, payable June 12, 2001 to
shareholders of record as of May 23, 2001.

    Reynolds and Reynolds, headquartered in Dayton, Ohio, is the leading
provider of integrated information management solutions to the automotive
retailing marketplace. The company's services include a full range of retail
and enterprise management systems, networking and support, e-business
applications, Web services, learning and consulting services, customer
relationship management solutions, document management and leasing services.
To find out more about the company, its vision, products and services, visit
http://www.reyrey.com.

    Certain statements in this news release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. The forward-looking statements are based on current expectations,
estimates, forecasts and projections of future company or industry performance
based on management's judgment, beliefs, current trends and market conditions.
Forward-looking statements made or to be made by or on behalf of the company
may be identified by the use of words such as "expects," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates" and similar expressions.
Forward-looking statements are not guarantees of future performance and
involve certain risks, uncertainties and assumptions that are difficult to
predict. Actual outcomes and results may differ materially from what is
expressed, forecasted or implied in the forward-looking statements. See also
the discussion of factors that may affect future results contained in the
company's Current Report on Form 8-K filed with the SEC on August 11, 2000,
which we incorporate herein by reference. The company undertakes no obligation
to update any forward-looking statements, whether as a result of new
information, future events or otherwise.

                     MAKE YOUR OPINION COUNT - Click Here
               http://tbutton.prnewswire.com/prn/11690X36711102