Ceridian Reports Strong Fourth Quarter and Full Year 2007 Performance.

MINNEAPOLIS -- Ceridian Corporation today reported selected financial data for the fourth quarter and full year 2007. Ceridian became a private company in a merger which closed on November 9, 2007. The data reported herein is unaudited.

The financial data and commentary set forth in this release do not reflect the application of purchase accounting which will be required as a result of the merger. This data has been furnished to provide a picture of the Company's results and separates the effects of unusual events (such as severance and restructuring costs) and items related to the merger (such as proxy costs and stock compensation expenses) from the operating results. The final financial results of the company after giving effect to these items will differ from the financial data provided below.

Fourth Quarter 2007 Financial Highlights:

For the fourth quarter:

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For the full year 2007, Ceridian reported revenue of $1,673.4 million, up 6.9% over 2006. HRS revenue for 2007 was up 4.1% over 2006, at $1,144.5 million. Comdata revenue for 2007 was up 13.7%, to $528.9 million.

"Ceridian's fourth quarter performance was excellent," said Kathryn V. Marinello, chairman, president, and chief executive officer of Ceridian Corporation. "Over the comparable period of the prior year operating margins excluding one-time items in our HRS business grew approximately 19 percent in the fourth quarter, and improved by 430 basis points for the year. This performance resulted directly from continued successful execution on the five point operational plan adopted early in 2007."

"The operating metrics in the HRS business were solid," Marinello continued. "Float balances for the fourth quarter grew at a rate of 13.2 percent over the comparable period of the prior year, and the yield remained solid at 4.7 percent. Customer retention levels improved on a year-over-year basis and remained over 90 percent. Orders for the quarter were up 18 percent, driven by strong performances in HRO, the Lifeworks commercial business and the UK. Customer employment levels in the U.S. were up 1.6 percent in the quarter."

"Comdata posted another solid top-line performance," Marinello said. "Revenue was up 13.2 percent over the comparable period of the prior year, extending Comdata's string of double-digit top-line growth quarters to fifteen. Higher fuel prices contributed about 3 percent to the growth rate. Overall growth was driven primarily by strong Comdata card transaction growth in both the over-the-road and business fleet segments, private label processing and in regulatory compliance. Overall transportation business transactions were up about 5 percent. Growth in the retail services business was in the high single digits for the quarter, tempered somewhat by a weaker domestic retail environment. Comdata's margins for the quarter were 31.9 percent. Comdata's margins for the quarter were lower on a year-over-year basis because of a higher mix of lower margin gift card sales and additional IT investments in the retail services business. Margins in the Comdata transportation services business remained robust."

Preliminary purchase price allocation and other merger related costs are nearing completion and will be included in our finalized December 31, 2007 financials. Final purchase price allocation will be included in our year end December 31, 2008 financials.

About Ceridian

Ceridian Corporation is a business services company that helps its customers maximize the power of their people, lower their costs and focus on what they do best. The company's suite of innovative managed human resource solutions includes payroll and compensation, employee benefits administration, staffing, compliance, HR administration and employee assistance programs (EAP), work-life, health and wellness and productivity management solutions. Ceridian serves businesses and employees in the United States, Canada and Europe. For more information about the human resource outsourcing company's comprehensive array of solutions, visit www.ceridian.com or call [phone]. Through its Comdata and Stored Value Solutions (SVS) subsidiaries, Ceridian is a major payment processor and issuer of credit cards, debit cards and stored value cards, primarily for the trucking and retail industries in the United States. For more information about Comdata and Stored Value Solutions, visit www.comdata.com .

Cautionary Note Regarding Forward Looking Statements

Certain items herein may be forward-looking statements. The statements regarding Ceridian Corporation contained herein that are not historical in nature, particularly those that utilize terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes," or "plans," or comparable terminology, are forward-looking statements based on current expectations and assumptions, and entail various risks and uncertainties that could cause actual results to differ materially from those expressed in such forward-looking statements. Important factors known to Ceridian that could cause such material differences have been identified and are discussed in Ceridian's filings with the Securities and Exchange Commission filed prior to the November 9, 2007 merger transaction. Risks include, but are not limited to, our ability to implement and execute our plans; our ability to retain existing customers, including government clients; litigation and governmental inquiries and investigations; any breach of our information technology security or loss of customer data; and economic and governmental factors. Ceridian undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law.