Reynolds Shareholders Re-Elect Three Board Members, Approve Broad-Based and Executive Restricted Stock Incentive Programs and Ratify Independent Auditor Selection

DAYTON, Ohio, Feb. 12, 2004 -- Shareholders of The Reynolds and Reynolds Company today approved the re-election of three board members, each for a three-year term.

Re-elected were Eustace W. Mita, 49, chairman and CEO, Avista Properties Worldwide LLC; Philip A. Odeen, 68, former chairman of TRW Inc.; and Donald K. Peterson, 54, chairman and CEO, Avaya Inc.

Shareholders also approved a broad-based restricted stock incentive program for all full-time and benefits-eligible part-time employees, and an executive restricted stock incentive program for executive and director level positions and non-employee board members.

Shareholders also ratified the company's appointment of Deloitte & Touche, LLP, as the company's independent auditors.

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 GmbH and its partner network as well as a worldwide consulting practice.

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.