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Reynolds and Reynolds Declares Regular Fourth Quarter Dividend

11 August 1999

Reynolds and Reynolds Declares Regular Fourth Quarter Dividend
    DAYTON, Ohio, Aug. 10 -- The Reynolds and Reynolds Company's
board of directors today declared a regular fourth quarter Class A
common stock dividend of 10 cents per share, payable Sept. 10, 1999 to
shareholders of record as of Aug. 24, 1999.
    Reynolds and Reynolds, headquartered in Dayton, Ohio, is a leading
provider of integrated information management systems and related value-added
services to automotive and general business markets.  The company reported
revenues of $1.53 billion for the 12 months ended June 30, 1999.  For more
information on Reynolds and Reynolds, visit http://www.reyrey.com, or call The
Reynolds and Reynolds Information Hotline at 1-888-4REYREY.