Reynolds and Reynolds Declares Regular First Quarter Dividend, Announces Annual Meeting of Shareholders Date

DAYTON, Ohio, Dec. 4, 2003 -- At its November meeting, The Reynolds and Reynolds Company's board of directors declared a regular first quarter Class A common stock dividend of 11 cents per share, payable January 9, 2004, to shareholders of record as of December 17, 2003.

The Reynolds and Reynolds annual meeting of shareholders will be held on February 12, 2004 at 11:00 EDT in Dayton, Ohio. A formal notice of the meeting along with a proxy statement will be mailed to each shareholder of record as of December 17, 2003, prior to the meeting.

Reynolds and Reynolds ( www.reyrey.com ) is the leading provider of integrated solutions that help automotive retailers manage change and improve their profitability. Serving the automotive retailing industry since 1927, Reynolds enables OEMs and retailers to work together to build the lifetime value of their customers. The company's award-winning product, service and training solutions include a full range of retail and enterprise management systems, Web and Customer Relationship Management solutions, learning and consulting services, documents, data management and integration, networking and support and leasing services. Reynolds serves more than 20,000 customers. They comprise nearly 90 percent of the automotive retailers and virtually all OEMs doing business in North America. The Reynolds International Division serves automotive retailers and OEMs through Incadea AG and its partner network as well as a worldwide consulting practice.