Breaking News

Tweet TWEET

ADP to Withdraw Chicago Stock Exchange Listing, Retains NASDAQ Listing

ADP to Withdraw Chicago Stock Exchange Listing, Retains NASDAQ Listing

ROSELAND, N.J., Feb. 6, 2013 (GLOBE NEWSWIRE) -- ADP® (Nasdaq:ADP) today
announced plans to voluntarily withdraw the listing of its common stock from
the Chicago Stock Exchange. ADP's common stock will continue to be listed on
the NASDAQ Global Select Market.

ADP has decided to withdraw its listing from the Chicago Stock Exchange to
streamline operations and eliminate duplicative administrative requirements
and costs inherent with dual listings. The withdrawal is expected to be
effective within the next month.

ADP does not believe that withdrawing its listing from the Chicago Stock
Exchange will have any impact on the liquidity of its common stock. The
Chicago Stock Exchange will continue to trade ADP common stock on an unlisted
trading privilege basis.

ADP® (Nasdaq:ADP), with more than $10 billion in revenues and approximately
600,000 clients, is one of the world's largest providers of business
outsourcing solutions. Leveraging over 60 years of experience, ADP offers a
wide range of human resource, payroll, tax and benefits administration
solutions from a single source. ADP's easy-to-use solutions for employers
provide superior value to companies of all types and sizes. ADP is also a
leading provider of integrated computing solutions to auto, truck, motorcycle,
marine, recreational vehicle, and heavy equipment dealers throughout the
world. For more information about ADP or to contact a local ADP sales office,
reach us at 1.800.225.5237 or visit the company's website at www.ADP.com.
 
Press spacebar to pause and continue. Press esc to stop.