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Reynolds and Reynolds Board Approves Dividend Increase

17 November 1999

Reynolds and Reynolds Board Approves Dividend Increase

    DAYTON, Ohio, Nov. 16 -- The Reynolds and Reynolds Company
board of directors today increased the company's quarterly
dividend 10 percent on its Class A common shares to 11 cents per share from
10 cents per share, payable January 13, 2000 to shareholders of record as of
December 17, 1999.
    This marks the fourteenth increase in the company's dividend in the last
10 years.  The company last announced a dividend increase in November 1998
when the dividend rose 11 percent.
    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  $1.56 billion for the 12 months ended Sept. 30, 1999.  For more
information on Reynolds and Reynolds, visit the company's Web site at
http://www.reyrey.com, or call the Information Hotline at 888-4REYREY.