Financial Highlights

Automatic Data Processing, Inc. and Subsidiaries

(In thousands, except per share amounts and number of employees)

Year ended June 30,	1996	1995	% Increase
Revenue	$3,566,597	$2,893,742	23%
Net earnings	$454,700	$394,830	15%
Earnings per share	$1.57	$1.38	14%
Cash dividends	$112,116	$89,224	26%
Cash dividends per share	.3875	.3125	24%
Average number of common share outstanding	288,967	285,112
Return on equity	20.30%	20.90%
At year end:
Cash, cash equivalents and marketable securities	$1,098,620	$1,291,889
Working capital	$618,670	$667,920
Total assets	$3,839,885	$3,201,096
Long-term debt	$403,743	$390,177
Shareholders' equity	$2,315,346	$2,096,615
Number of employees	29,000	25,000

All per share information has been adjusted to reflect a two-for-one stock split on January 1, 1996.