ADP Authorized to Purchase Additional Ten Million Shares of Its Common Stock.

Business Editors

ROSELAND, N.J.--(BUSINESS WIRE)--March 21, 2000

The board of directors of Automatic Data Processing Same as data processing. , Inc. (NYSE NYSE

See: New York Stock Exchange :AUD AUD

In currencies, this is the abbreviation for the Australian Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) has authorized the purchase of an additional ten million shares of its common stock, Arthur F. Weinbach, chairman and chief executive officer, announced today.

In addition to this current authorization, there are about 10 million shares remaining to be purchased from previous authorizations. ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.

(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. currently has approximately 626 million common shares outstanding.

ADP, with over $5 billion in revenue and more than 450,000 clients, is one of the largest independent computing services firms in the world.

This release contains "forward-looking statements" based on management's expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ from those expressed. Factors that could cause differences include: ADP's success in obtaining, retaining and selling additional services to clients; the pricing of products and services; overall economic trends, including interest rate and foreign currency trends; stock market activity; auto sales Auto Sales

The major producers of domestic automobiles report sales monthly. These numbers are seasonally adjusted by the U.S. Department of Commerce and are available to the public one to five business days after the end of each month. and related industry changes; employment levels; changes in technology; availability of skilled technical associates; and the impact of new acquisitions.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	Mar 21, 2000
Words:	184
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