Insider Trades - MUCCI MARTIN

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MUCCI MARTIN: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Paychex, Inc. Officer NasdaqGS:PAYX (historical quotes, profile, SEC, other insiders)	10-Jul-08	22,830	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
10-Jul-08 1,504 PAYX Sale at $31.95 per share.
(Proceeds of $48,052)
10-Jul-08 10,000 PAYX Acquisition (Non Open Market) at $0 per share.
17-Jul-07 25,000 PAYX Option Exercise at $28.99 - $28.99 per share.
(Cost of about $725,000)
17-Jul-07 25,000 PAYX Sale at $43.97 per share.
(Proceeds of $1,099,250)
17-Jul-07 6,667 PAYX Acquisition (Non Open Market) at $0 per share.

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
10-Jul-08	1,504	PAYX	Sale at $31.95 per share. (Proceeds of $48,052)
10-Jul-08	10,000	PAYX	Acquisition (Non Open Market) at $0 per share.
17-Jul-07	25,000	PAYX	Option Exercise at $28.99 - $28.99 per share. (Cost of about $725,000)
17-Jul-07	25,000	PAYX	Sale at $43.97 per share. (Proceeds of $1,099,250)
17-Jul-07	6,667	PAYX	Acquisition (Non Open Market) at $0 per share.