AUTOMATIC DATA PROCESSING INC — Director's Dealing 2003

Aug 4, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AUTOMATIC DATA PROCESSING INC (ADP)
CIK: 0000008670
Period of Report: 2003-07-31

Reporting Person: DALY RICHARD J (Corporate Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-07-31	Common Stock	M	30000	—	Acquired	114210.9590	Direct
2003-07-31	Common Stock	S	30000	—	Disposed	84210.9590	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-07-31	Stock Option (Right to Buy)	$0.0000	M	30000	Disposed	1988-08-08	Common Stock (30000.0000)	Direct

Footnotes

F1: Granted 8/15/94 and vests over 5 years