5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUGUST 31, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND RELATED NOTES TO CONSOLIDATED FOR FINANCIAL STATEMENTS OF PAYCHEX, INC., AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. ON MAY 22, 1998, PAYCHEX, INC., DISTRIBUTED A THREE-FOR-TWO STOCK SPLIT EFFECTED IN THE FORM OF A 50% STOCK DIVIDEND TO STOCKHOLDERS OF RECORD AS OF MAY 8, 1998. THEREFORE, ALL APPLICABLE AMOUNTS FOR THE PRIOR YEAR INCLUDED IN THIS SCHEDULE AFFECTED BY THE STOCK SPLIT HAVE BEEN ADJUSTED. 0000723531 PAYCHEX, INC. 1,000 3-MOS 3-MOS MAY-31-1999 MAY-31-1998 JUN-01-1998 JUN-01-1997 AUG-31-1998 AUG-31-1997 49,519 53,316 1,329,555 1,066,627 78,091 58,724 0 0 0 0 1,461,125 1,181,930 154,940 131,509 91,954 75,973 1,530,957 1,244,334 1,168,860 969,796 0 0 0 0 0 0 1,634 1,086 355,353 268,620 1,530,957 1,244,334 0 0 281,787 218,583 0 0 178,383 135,942 0 0 0 0 0 0 44,604 32,545 13,203 9,471 31,401 23,074 0 0 0 0 0 0 31,401 23,074 .19 .14 .19 .14 SECURITIES - Includes amounts related to Electronic Network Services investments with a balance at August 31, 1998 and 1997 of $1,110,205 and $920,565, respectively.