Press Release

Ceridian Launches Comprehensive Retirement Plan Services

High-touch, personalized offering encompasses total education and resource center for employees contemplating their futures at midlife and beyond

MINNEAPOLIS, MN, November 11, 2003 -- Ceridian, a leader in managed human resource solutions that maximize the value of people, today announced the launch of its Midlife and Retirement Plan Services. Along with 401k design and administration, this unique solution provides optional services to educate employees on financial planning and other aspects of life planning for retirement including employer benefits, savings strategies, estate planning, investments, and credit management. In addition, the services assist employees in designing a personal roadmap for the non-financial aspects of their midlife and retirement, such as relocating, traveling, volunteering, and continuing their education.

"This holistic, next-generation solution addresses a well-documented need that speaks to a broad spectrum of concerns employees have with regard to their futures," said Pat Goepel, chief revenue officer at Ceridian U.S. Human Resource Solutions. "Employees now face retirements that often last decades. While they may have saved for retirement, many have not done any life planning for what they will do during this period. In addition, with the trend toward defined contribution retirement plans and the recent economic downturn, employers are under increasing pressure to provide better employee education along with their retirement savings plans."

Ceridian's Midlife and Retirement Planning Services enables employees to develop an action plan and make informed decisions that will optimize their financial security and their chances for satisfaction and fulfillment as they approach retirement. Online services include easy access to informative materials, self-assessments, and financial calculators. Telephone services include discussions with financial specialists on issues such as budget review and debt counseling, as well as on array of lifestyle-related matters. A wide variety of print material is also available on topics from aging well and making the most of midlife to second careers and relationships in later life.

Ceridian is recognized as an industry leader in the areas of aging and retirement planning. The company is the recipient of the 2003 Business of the Year Award from the American Society on Aging's Business Forum.

About Ceridian

Ceridian is changing the world of work by enabling companies to be free to succeed in their core business through its suite of innovative managed human resource solutions for HRMS, payroll, tax filing, application outsourcing, time and attendance, benefits administration and employee effectiveness services. Ceridian Corporation (NYSE:CEN) is an information services company serving businesses and employees in the United States, Canada and Europe. For more information about Ceridian's comprehensive array of human resource solutions, visit www.ceridian.com/myceridian or call (800) 729-7655.

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