Contact Information: Contact: Investor Relations Marvin Sims Broadridge Financial Solutions, Inc. (516) 472-5477
Broadridge Credit Rating Unchanged by S&P Correction
| Source: Broadridge Financial Solutions, Inc.
LAKE SUCCESS, NY--(Marketwire - April 30, 2008) - Earlier today, S&P issued a press release
titled "S&P Downgrades Broadridge Financial Solutions (Corrected)."
S&P corrected its April 8, 2008, press release to reflect actual total debt
of $949 million as reported in Broadridge's Form 10-Q filing for the period
ended December 31, 2007, as opposed to the $990 million total debt figure
S&P stated in its original April 8th press release. S&P's correction has
no effect on the company's credit rating as announced in the April 8th
press release.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE : BR ), with over $2.0 billion in
revenues and more than 40 years of experience, is a leading global provider
of technology-based outsourcing solutions to the financial services
industry. Our systems and services include investor communication,
securities processing, and clearing and outsourcing solutions. We offer
advanced, integrated systems and services that are dependable, scalable and
cost-efficient. Our systems help reduce the need for clients to make
significant capital investments in operations infrastructure, thereby
allowing them to increase their focus on core business activities. For more
information about Broadridge, please visit www.broadridge.com.