Paychex Declares Quarterly Dividend

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Thu Apr 10, 2008 10:55am EDT

ROCHESTER, N.Y.--(Business Wire)--
Today the Board of Directors of Paychex, Inc. (NASDAQ:PAYX)
declared a regular quarterly dividend of $.30 per share payable May
15, 2008 to shareholders of record May 1, 2008.

   Paychex, Inc. is a leading provider of payroll, human resource,
and benefits outsourcing solutions for small- to medium-sized
businesses. The company offers comprehensive payroll services,
including payroll processing, payroll tax administration, and employee
pay services, including direct deposit, check signing, and
Readychex(R). Human Resource Services include 401(k) plan
recordkeeping, health insurance, workers' compensation administration,
section 125 plans, a professional employer organization, time and
attendance solutions, and other administrative services for business.

   Paychex was founded in 1971. With headquarters in Rochester, New
York, the company has more than 100 offices and serves approximately
561,000 payroll clients nationwide. For more information about Paychex
and our products, visit www.paychex.com.

Paychex, Inc.
John M. Morphy, 585-385-6666
Chief Financial Officer
or
Terri Allen, 585-383-3406
http://www.paychex.com

Copyright Business Wire 2008
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