The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Reynolds and Reynolds Board of Directors Increases Share Authorization by 5 Million Shares

20 June 2000

Reynolds and Reynolds Board of Directors Increases Share Authorization by 5 Million Shares

    DAYTON, Ohio - The Reynolds and Reynolds Company's board of directors today 
increased the existing share repurchase authorization by 5 million shares to 6.7 
million shares, approximately eight percent of the company's Class A Common 
shares outstanding.

    "We believe that Reynolds stock represents an attractive investment,
especially at current market prices," said David R. Holmes, chairman and CEO.
"Share repurchase as well as aggressive investments that drive growth in our
automotive business demonstrate our commitment to enhancing shareholder
value."

    Reynolds and Reynolds, headquartered in Dayton, Ohio, provides advanced
solutions for the worldwide automotive retailing marketplace.  The company
reported revenues of $1.56 billion in fiscal year ended Sept. 30, 1999.  

    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 February 9, 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.