Rochester, N.Y. (June 26, 2003) - Payroll and benefits provider Paychex Inc. posted a 4-percent rise in fourth-quarter earnings, to $71.3 million, versus the year-ago quarter, for the period ended May 31.

For the year, the company, headquartered here, said profits increased 7 percent, to $293.5 million, compared to year-end fiscal 2002.

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