<SUBMISSION>
<ACCESSION-NUMBER>0000950152-07-004158
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>4
<PERIOD>20070503
<ITEMS>2.02
<ITEMS>9.01
<FILING-DATE>20070509
<DATE-OF-FILING-DATE-CHANGE>20070509
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CBIZ, Inc.
<CIK>0000944148
<ASSIGNED-SIC>7389
<IRS-NUMBER>222769024
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-32961
<FILM-NUMBER>07831688
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>6050 OAK TREE BOULEVARD, SOUTH
<STREET2>SUITE 500
<CITY>CLEVELAND
<STATE>OH
<ZIP>44131
<PHONE>2164479000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>6050 OAK TREE BOULEVARD, SOUTH
<STREET2>SUITE 500
<CITY>CLEVELAND
<STATE>OH
<ZIP>44131
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>CENTURY BUSINESS SERVICES INC
<DATE-CHANGED>19980218
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>INTERNATIONAL ALLIANCE SERVICES INC
<DATE-CHANGED>19961031
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>l26001ae8vk.htm
<DESCRIPTION>CBIZ, INC.   8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of the<br> Securities and Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date of Report (Date of earliest event reported): May&nbsp;3, 2007</B></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>CBIZ, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">Delaware
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">0-25890
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">22-2769024</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction <BR>
of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission<BR>
File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">6050 Oak Tree Boulevard, South, Suite&nbsp;500<BR>
Cleveland, Ohio
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom">44131</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of principal executive offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">216-447-9000<BR>
(Registrant&#146;s telephone number, including area code)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
</DIV>


<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD>
</TR>
</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>













<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;2.02 Results of Operations and Financial Condition.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On May&nbsp;3, 2007, CBIZ, Inc. (the &#147;Company&#148;) issued a press release announcing its financial results
for the first quarter ended March&nbsp;31, 2007. A copy of the press release is furnished herewith as
Exhibit&nbsp;99.1. A transcript of CBIZ&#146;s earnings conference call held on May&nbsp;3, 2007 is furnished
herewith as Exhibit&nbsp;99.2. The exhibits contain, and may implicate, forward-looking statements
regarding the Company and include cautionary statements identifying important factors that could
cause actual results to differ materially from those anticipated.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(d)&nbsp;Exhibits.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Press Release of CBIZ, Inc. dated May&nbsp;3, 2007, announcing its financial results
for the first quarter ended March&nbsp;31, 2007.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">99.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Transcript of earnings conference call held on May&nbsp;3, 2007, discussing
CBIZ&#146;s financial results for the first quarter ended March&nbsp;31, 2007.</TD>
</TR>


</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">May&nbsp;9, 2007</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">CBIZ, INC.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TR>

</TR>
   <TD>&nbsp;</TD>

</TR>




<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:<BR>
Name:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Ware H. Grove
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Ware H. Grove
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chief Financial Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>l26001aexv99w1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="right" style="font-size: 10pt; margin-top: 6pt"><b>Exhibit
99.1</b></div>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%"></TD>
    <TD width="5%"></TD>
    <TD width="30%"></TD>
    <TD width="5%"></TD>
    <TD width="30%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" STYLE="FONT-SIZE: 14PT">
    <TD align="left" valign="top"><IMG src="l26001al2600100.gif" alt="(CBIZ LOGO)">
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><B>Press
release</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="60%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>FOR IMMEDIATE RELEASE</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">CONTACT:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Ware Grove</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chief Financial Officer</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">-or-</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Lori Novickis</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director, Corporate Relations</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">CBIZ, Inc.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Cleveland, Ohio</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(216) 447-9000</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CBIZ REPORTS FIRST-QUARTER 2007 RESULTS</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>REVENUE GROWS 9.3%<BR>
EPS FROM CONTINUING OPERATIONS UP 29.4% TO $0.22 FROM $0.17 IN 2006</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Cleveland, Ohio (May&nbsp;3, 2007)&#151;CBIZ, Inc. (NYSE: CBZ) today announced first-quarter results
for the quarter ended March&nbsp;31, 2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CBIZ reported revenue of $183.2&nbsp;million for the first quarter ended March&nbsp;31, 2007, an increase of
9.3% over the $167.5&nbsp;million reported for the first quarter of 2006. Same-unit revenue increased
by 8.0%, or by $13.4&nbsp;million. Revenue from newly acquired operations contributed $2.5&nbsp;million or
1.5% to revenue growth in the first quarter while the sale of a small office during 2007 resulted
in a revenue decline of $0.2&nbsp;million compared with a year ago. CBIZ reported income from
continuing operations for the quarter of $14.9&nbsp;million, or $0.22 per diluted share, compared with
$13.2&nbsp;million, or $0.17 per diluted share in the first quarter of 2006.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">During the first quarter 2007, CBIZ repurchased approximately 2.5&nbsp;million shares of its common
stock at a cost of approximately $17.6&nbsp;million. Since the end of the first quarter the Company has
repurchased an additional 1.0&nbsp;million shares at a cost of approximately $6.9&nbsp;million through May&nbsp;1,
2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;All of our business segments performed well in the first quarter with both revenue and
contribution increases from each of our four business segments. Our same-unit revenue growth of
8.0% in the first quarter represents the fifteenth consecutive quarter of same-unit revenue growth
at CBIZ,&#148; stated Steven L. Gerard, Chairman and CEO. &#147;With the 9.3% revenue growth in the first
quarter, we are pleased to be able to report a 29.4% increase in earnings per diluted share. We
are on track with our 2007 goals to grow revenue in a range of 8% to 10% and to achieve an increase
in earnings per share from continuing operations of at least 20% in 2007, compared with the $0.35
per share reported for 2006,&#148; concluded Mr.&nbsp;Gerard.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CBIZ will host a conference call later this morning to discuss its results. The call will be
webcast in a listen-only mode over the Internet for the media and the public, and can be accessed
at www.cbiz.com.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->Page 1 of 4<!-- /Folio -->
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt">6050 Oak
Tree Boulevard, South &#149;  Suite 500 &#149;  Cleveland, OH  44131&#149; Phone (216) 447-9000 &#149; Fax (216) 447-9007
</DIV>


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>



<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Shareholders and analysts wishing to participate in the conference call may dial 1-866-418-3599
several minutes before 11:00&nbsp;a.m. (ET). If you are dialing from outside the United States, dial
1-847-619-6341. A replay of the call will be available starting at 1:00 p.m. (ET), May 3 through
midnight (ET), May&nbsp;8, 2006. The dial-in number for the replay is 1-877-213-9653. If you are
listening from outside the United States, dial 1-630-652-3041. The access code for the replay is
17659505. A replay of the webcast will also be available on the Company&#146;s web site at www.cbiz.com.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CBIZ, Inc. provides professional business services that help clients better manage their finances,
employees and technology. As the largest benefits specialist, one of the largest accounting,
valuation and medical practice management companies in the United States, CBIZ provides its clients
with integrated financial services which include accounting and tax, internal audit, Sarbanes-Oxley
404 compliance, and valuation. Employee services include employee benefits, property and casualty
insurance, payroll, HR consulting and wealth management. CBIZ also provides information
technology, hardware and software solutions, government relations, healthcare consulting and
medical practice management. These services are provided throughout a network of more than 140
Company offices in 34 states and the District of Columbia.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This press release contains forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Risk factors that could cause actual results to differ include the
risk of a decline in the current trend to outsource business services that may have a material
adverse effect on the Company&#146;s results of operations and the Company&#146;s sensitivity to revenue
fluctuations that could result in fluctuations in the market price for shares of the Company&#146;s
common stock. Additional risk factors are discussed in our Report on Form 10-K for the year ended
December&nbsp;31, 2006, and the reader is directed to these statements for a further discussion of
important factors that could cause actual results to differ materially from those in the
forward-looking statements.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>For further information regarding </I><B>CBIZ, </B><I>call our Investor Relations Office at </I>(216)&nbsp;447-9000 <I>or<BR>
visit our web site at </I><U><I>www.cbiz.com</I></U>.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 2 of 4<!-- /Folio -->

<DIV align="center" style="font-size: 10pt; margin-top: 6pt">6050 Oak
Tree Boulevard, South &#149;  Suite 500 &#149;  Cleveland, OH  44131&#149; Phone (216) 447-9000 &#149; Fax (216) 447-9007
</DIV>


</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CBIZ, INC.</B><BR>
FINANCIAL HIGHLIGHTS (UNAUDITED)<BR>
THREE MONTHS ENDED MARCH 31, 2007 AND 2006<BR>
(In thousands, except percentages and per share data)
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="6"><B>THREE MONTHS ENDED</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>

    <TD nowrap align="center" colspan="14" style="border-bottom: 1px solid #000000"><B>MARCH 31,</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>%</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2006 (1)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>%</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Revenue</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">183,203</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">100.0</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">167,546</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">100.0</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Operating expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">146,059</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">79.7</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">135,341</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">80.8</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gross margin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37,144</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">20.3</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32,205</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">19.2</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Corporate general and administrative expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7,588</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.1</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,732</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.0</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Depreciation and amortization expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,105</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">2.3</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,979</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">2.4</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Operating income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25,451</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">13.9</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21,494</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">12.8</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other income (expense):</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Interest expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(979</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD nowrap align="right">-0.5</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(792</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD nowrap align="right">-0.4</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Gain on sale of operations, net</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">95</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.0</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.0</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other income, net</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">607</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.3</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,235</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.7</TD>
    <TD nowrap>%</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:45px; text-indent:-15px">Total other income (expense), net</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(277</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD nowrap align="right">-0.2</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">443</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.3</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from continuing operations before income tax expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25,174</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">13.7</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21,937</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">13.1</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income tax expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10,312</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,753</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from continuing operations after income tax expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14,862</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">8.1</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,184</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">7.9</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Loss from operations of discontinued businesses, net of tax</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(405</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,333</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gain (loss)&nbsp;on disposal of discontinued businesses, net of tax</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(193</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">167</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">14,264</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">7.8</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">12,018</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">7.2</TD>
    <TD nowrap>%</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 0px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 0px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Diluted earnings (loss)&nbsp;per share:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.22</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.17</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(0.01</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(0.01</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.21</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.16</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 0px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 0px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Diluted weighted average common shares outstanding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68,023</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">77,354</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Other data from continuing operations:</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT (2)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">26,058</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">22,729</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITDA (2)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">30,163</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">26,708</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Certain amounts in the 2006 financial data have been reclassified to conform to the current
year presentation to reflect the impact of discontinued operations.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>EBIT represents income from continuing operations before income taxes, interest expense, and
gain on divested operations. EBITDA represents EBIT as defined above before depreciation and
amortization expense. The Company has included EBIT and EBITDA data because such data is commonly
used as a performance measure by analysts and investors and as a measure of the Company&#146;s ability
to service debt. EBIT and EBITDA should not be regarded as an alternative or replacement to any
measurement of performance under generally accepted accounting principles (GAAP).</TD>
</TR>

</TABLE>




<P align="center" style="font-size: 10pt"><!-- Folio -->Page 3 of 4<!-- /Folio -->

<DIV align="center" style="font-size: 10pt; margin-top: 6pt">6050 Oak
Tree Boulevard, South &#149;  Suite 500 &#149;  Cleveland, OH  44131&#149; Phone (216) 447-9000 &#149; Fax (216) 447-9007
</DIV>



</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">






<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CBIZ, INC</B>.<BR>
FINANCIAL HIGHLIGHTS (UNAUDITED)<BR>
THREE MONTHS ENDED MARCH 31, 2007 AND 2006<BR>
(In thousands, except percentages and per share data)
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7"><B>THREE MONTHS ENDED</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>MARCH 31,</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2006 (3)</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Revenue</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Financial Services</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">96,981</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">88,744</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Employee Services</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">44,305</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">39,140</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Medical Management Professionals</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">29,608</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28,222</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">National Practices</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,309</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11,440</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>183,203</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>167,546</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Gross margin</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Financial Services</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">27,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">25,329</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Employee Services</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10,654</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,582</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Medical Management Professionals</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,733</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,538</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">National Practices</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">824</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">716</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><B>Total (1)</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>37,144</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>32,205</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">SELECT BALANCE SHEET DATA AND RATIOS
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>MARCH 31,</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>DECEMBER 31,</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2006 (3)</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash and cash equivalents</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">7,736</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">12,971</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Restricted cash</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">15,630</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">17,507</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Accounts receivable, net</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">133,396</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">106,299</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Current assets before funds held for clients</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">179,124</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">160,652</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Funds held for clients</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">88,910</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">84,441</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Goodwill and other intangible assets, net</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">213,395</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">211,929</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total assets</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</B></TD>
    <TD align="right"><B>544,577</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</B></TD>
    <TD align="right"><B>518,282</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Current liabilities before client fund obligations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">77,116</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">91,341</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Client fund obligations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">88,910</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">84,441</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Convertible notes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">100,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">100,000</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Bank debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">29,200</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total liabilities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</B></TD>
    <TD align="right"><B>326,543</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</B></TD>
    <TD align="right"><B>301,704</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Treasury stock</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(194,419</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(176,773</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total stockholders&#146; equity</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</B></TD>
    <TD align="right"><B>218,034</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</B></TD>
    <TD align="right"><B>216,578</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Debt to equity (4)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">59.3</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">46.2</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Days sales outstanding from continuing operations (2)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">80</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shares outstanding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">65,838</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67,416</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Basic weighted average common shares outstanding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">66,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">71,004</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Diluted weighted average common shares outstanding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68,023</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">73,052</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Includes operating expenses recorded by corporate and not directly allocated to the
business units of $5,411 and $5,960 for the three months ended March&nbsp;31, 2007 and 2006,
respectively.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>At March&nbsp;31, 2006&nbsp;days sales outstanding was 82&nbsp;days. Days sales outstanding (DSO)&nbsp;is provided
for continuing operations and represent accounts receivable (before the allowance for doubtful
accounts) and unbilled revenue (net of realization adjustments) at the end of the period, divided
by trailing twelve month daily revenue. The Company has included DSO data because such data is
commonly used as a performance measure by analysts and investors and as a measure of the Company&#146;s
ability to collect on receivables in a timely manner. DSO should not be regarded as an alternative
or replacement to any measurement of performance under generally accepted accounting principles
(GAAP).</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(3)</TD>
    <TD>&nbsp;</TD>
    <TD>Certain amounts in the 2006 financial data have been reclassified to conform to the current
year presentation to reflect the impact of discontinued operations.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(4)</TD>
    <TD>&nbsp;</TD>
    <TD>Ratio is convertible note and bank debt divided by total equity.</TD>
</TR>

</TABLE>




<P align="center" style="font-size: 10pt"><!-- Folio -->Page 4 of 4<!-- /Folio -->

<DIV align="center" style="font-size: 10pt; margin-top: 6pt">6050 Oak
Tree Boulevard, South &#149;  Suite 500 &#149;  Cleveland, OH  44131&#149; Phone (216) 447-9000 &#149; Fax (216) 447-9007
</DIV>



</DIV>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>l26001aexv99w2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w2</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 6pt">Exhibit 99.2</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT style="font-variant: SMALL-CAPS"><B>Final Transcript</B></FONT>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>CORPORATE PARTICIPANTS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard</B><BR>
<I>CBIZ &#151; Chairman &#038; CEO</I>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove</B><BR>
<I>CBIZ &#151; CFO</I>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>CONFERENCE CALL PARTICIPANTS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald</B><BR>
<I>First Analysis &#151; Analyst</I>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ross Nelson</B><BR>
<I>TD Capital &#151; Analyst</I>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>PRESENTATION.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Operator</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Good morning, ladies and gentlemen and welcome to the CBIZ First Quarter 2007 Results Conference
Call. (OPERATOR INSTRUCTIONS) Please note this conference is being recorded.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I would now like to turn the call over to Mr.&nbsp;Steven Gerard, Chairman and CEO. Mr.&nbsp;Gerard, you may
begin.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you, and good morning everyone. Thank you for calling in to CBIZ&#146;s first quarter 2007
conference call. Before I begin with my comments I&#146;d like to remind you of a few things. As with
all of our conference calls, this call is intended to answer the questions of our shareholders and
analysts. If there are media representatives on the call, you&#146;re welcome to listen in. However, I
ask that if you do have questions you hold them until after the call, and we would be happy to
address your questions at that time. This call is also being webcast and you can access it over our
website at www.CBIZ.com.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">You should have all received a copy of the press release we issued this morning. If you did not you
can access it at our website or you can call our corporate office.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Finally, please remember that during the course of the call, we may make forward looking
statements. These statements represent management&#146;s intentions, hopes, beliefs, expectations and
predictions of the future. Actual results can and sometimes do differ materially from those
projected in forward looking statements. Additional information concerning the factors that could
cause actual results to differ materially from those in the forward looking statements are
contained in our SEC filings, Form 10K and press releases. Joining me on the call this morning are
Jerry Grisko, our President and Chief Operating Officer, and Ware Grove, our Chief Financial
Officer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Prior to the opening this morning we were pleased to release our first quarter operating results,
which I can summarize by saying it was one of the best first quarters we&#146;ve had, highlighted by the
fact that our revenue increased by over 9%, and our earnings per share from continuing operations
increased by almost 30% from $0.17 last year first quarter to $0.22 first quarter this year. What
was particularly noteworthy in the first quarter was the fact that each one of our four significant
business groups all reported growth in revenue over last year, and all reported margin improvement,
or margin stability compared to last year. And included in the results were no large one time
transactions of any type. So basically, the summary on the quarter was, the earnings and the growth
came from our normal stable business which was part of our core business plan. With that, I&#146;d like
to turn it over to Ware to talk about the details.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT style="font-variant: SMALL-CAPS"><B>Final Transcript</B></FONT>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you, Steve. I want to take several minutes to run through the highlights and key issues
behind the numbers we released earlier this morning with our first quarter 2007 results. Revenue in
the first quarter was $183.2&nbsp;million, which represents growth of $15.7&nbsp;million, or 9.3% above the
total revenue for the first quarter a year ago. Same unit revenue grew by $13.4&nbsp;million, or by 8.0%
over first quarter of a year ago, with each of our business segments recording same unit revenue
growth in the first quarter. As we outlined in our release earlier today, this represents the 15th
consecutive quarter that CBIZ same unit revenue has grown.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On a same unit basis, during the first quarter, the Financial Services group revenue grew by 8.7%,
the Employee Services group grew by 8.8%, the Medical Management Professionals group revenue grew
by 4.9%, and the National Practices revenue, which is primarily comprised of our Technology
Services businesses, grew by 7.6%.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">With respect to growth through acquisitions, during the first quarter 2007 revenue grew by $2.5
million, or by 1.5%, as a result of businesses that were acquired since the first quarter of a year
ago. And then, as a result of the sale of a small office in the first quarter 2007, revenues
declined by $220,000.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">During the first quarter of 2007, CBIZ continued to actively repurchase shares of our common stock.
We conducted open market repurchases, and we have utilized a 10b5-1 program to repurchase shares
since March&nbsp;15. As we have commented in the past, I want to remind you that our first priority for
utilizing capital resources continues to be in strategic acquisitions. And we continue to devote
resources toward building and managing a pipeline of potential acquisitions. It is reasonable to
expect that CBIZ may successfully close additional acquisitions throughout 2007. However, we
continue to be disciplined in our approach toward valuation and transaction terms with our
potential acquisitions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">During the quarter ended March&nbsp;31, 2007, CBIZ repurchased approximately 2.5&nbsp;million shares at a
cost of approximately $17.6&nbsp;million. We have continued to actively repurchase shares since March
31, and since that time CBIZ has repurchased approximately 1.0&nbsp;million shares at a cost of
approximately $6.9&nbsp;million through May 2. With this activity, our fully diluted share count at
March&nbsp;31, 2007, was approximately 68&nbsp;million shares. You may remember that earlier this year in
our outlook for 2007, we had commented that we expected our fully diluted share count to be within
a range of 68 to 70&nbsp;million shares for 2007. Considering this level of repurchase activity to date
this year, we now expect the fully diluted share count for 2007 to be closer to 67&nbsp;million shares
for the full year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Historically, CBIZ has used cash in the first quarter, primarily due to the seasonal nature of our
Tax Advisory services. At year end 2006, there was no balance outstanding on our bank credit
facility, and at March&nbsp;31, 2007, the balance outstanding on this facility was $29.2&nbsp;million. During
the first quarter, borrowings on this credit facility were used to fund our seasonal working
capital needs, and also provide funding for the share repurchase activity, which used approximately
$17&nbsp;million of cash, plus funding for acquisition related payments of approximately $9&nbsp;million,
primarily for businesses acquired in prior years.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Day sales outstanding on receivables at March&nbsp;31, 2007 was 80&nbsp;days, which is an improvement
compared with 82&nbsp;days at March&nbsp;31 a year earlier. As I commented earlier, due to the seasonal
nature of our Tax Advisory business the level of receivables tends to rise along with DSOs during
the first quarter, and then will trend lower throughout the second and third quarters as these
receivables get paid down. During the first quarter, our capital spending was $1.6&nbsp;million and we
continue to expect the level of capital spending of approximately $8&nbsp;million each year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In summary, we are very pleased to report our fifteenth consecutive quarter of same unit revenue
growth. As we have done in recent years, we continue to achieve operating leverage by leveraging
our top line revenue growth into a greater rate of growth in earnings and earnings per share. With
a 9.3% growth in revenue in the first quarter, we achieved an 18.4% growth in operating income and
a 14.8% growth in pre tax income from continuing operations compared with a year ago.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The margin on pretax income from continuing operations improved by 60 basis points in the first
quarter, compared with the first quarter of a year ago. Achieving this level of operating leverage
resulted in earnings per share from continuing operations of $0.22 per fully diluted share for the
quarter ended March&nbsp;31, 2007, compared with $0.17 earnings per share recorded in the first quarter
2006, which is an increase, as Steve outlined, of approximately 29% in earnings per share from
continuing operations compared with the first quarter of a year ago.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">To reiterate our outlook for 2007, we continue to forecast revenue growth in the range of 8% to
10%, with an increase in earnings per share from continuing operations of at least 20% over the
$0.35 earnings per share recorded in 2006. To sum up then, we are very pleased with the results we
achieved in the first quarter, and this performance in the first quarter places us well on our way
to achieve these full year goals for 2007. And with those comments, I will wrap up and turn it back
over to Steve.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT style="font-variant: SMALL-CAPS"><B>Final Transcript</B></FONT>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you, Ware. Let me make a number of other general comments. As we look out to the rest of this
year, the economy that affects our client base, which is the small to mid market companies, seems
to be strong. We&#146;re seeing no significant decline across the board. Our clients are financially
strong and are positive in their outlook. CBIZ did not close any
&#091;significant&#093; acquisitions in the first quarter.
As I had mentioned before, our acquisition pipeline is strong, it&#146;s robust. I expect that we will
close a number of transactions in 2007 but as Ware points out, we continue to be disciplined in our
approach. The acquisitions need to be strategic, they need to be accretive, and we are not going to
get caught up in any short term market hysteria causing us to overpay, given some of the multiples
that we see in the business. With that, I&#146;d like to open it up to questions from our shareholders
and analysts.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>QUESTION AND ANSWER</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Operator</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you. We will now begin the question and answer session. (OPERATOR INSTRUCTIONS)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you. Our first question comes from Jim MacDonald, from First Analysis. Please go ahead.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Great quarter, guys.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thanks, Jim.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thanks, Jim.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Can we talk about what you&#146;re seeing in each of the major businesses? For example, what&#146;s the
impact of relaxed Sarbanes on the Financial Services business and maybe more specifics on any
impact of the Medicare reimbursement drop on the MMP business?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Sure. We are not seeing a significant impact on the relaxation of the Sarbanes. It was a relatively
small part of our business before. The resources we had were actually being very successful in
redeploying into internal audit and forensic accounting. So that&#146;s not going to have a significant
impact on us as it wasn&#146;t a significant part of our business to begin with. And you might recall,
we had a variable expense model to begin with, which was basically a few highly trained, very
professional people and the rest of the work force was on a contract basis. So, it&#146;s not going to
impact us much.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Medicare reimbursement changes, which became effective on January&nbsp;1, will have some impact on
the MMP business. 65% to 70% of MMP is radiology. Radiology took a big hit in their reimbursement,
and I think that we have calculated that the impact &#151; the Medicare part of our MMP business is
about 20% of the of the radiology business, we&#146;re talking about the impact of a couple million
dollars in the worst case. Our belief is that the combination of margin improvement initiatives
that we put in place in the beginning of the year to counteract it, as well as some potential
acquisitions, will probably offset the impact in 2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT style="font-variant: SMALL-CAPS"><B>Final Transcript</B></FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Do you think we&#146;ve seen the full impact yet, so is it kind of growth from here in the number of
procedures, and didn&#146;t you also pick up a new client in the quarter?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We picked up a big new client but that really didn&#146;t impact us a lot because it sort of offset some
clients that we had lost last year. We have not seen the impact yet in our first quarter results,
because with Medicare, don&#146;t forget, we get paid on collections. Collections are 30 to 60&nbsp;days
after procedures, so for the first couple months in the quarter we were really operating on the old
numbers. I would expect the Medicare impact to affect us going forward somewhat, again offset by
margin improvement initiatives that we put in place.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">And then, switching gears a little bit to the Employee Services, what trends are you seeing there?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We&#146;re seeing strong business opportunities across the board. We&#146;re seeing, as we predicted a year
ago, that carriers who were adjusting commission or adjusting the bonus and override formulas on
the commission base were going to take a look at that and figure out other ways of compensation. I
think what we&#146;re seeing pretty much across the board, is that we will not be dramatically
negatively impacted by what is commonly termed the &#147;Spitzer&#148; issues. They&#146;ve pretty much gone away,
so we&#146;re looking at 2007 and 2008 in the benefits business as business as usual, with whatever
growth we can generate from the market.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">And your customer cash balances went up a lot. Where did that come from?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Jim, that&#146;s primarily cash balances related to our payroll activities, so that as payroll clients
fund the payroll, we capture that money for 2, 3, 4&nbsp;days, perhaps longer in some cases. So it&#146;s
just reflective of the growth in that business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">That must be indicative that the business is growing pretty well there.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">It is, and you remember a couple years ago we talked about the payroll business pretty frequently,
and put a lot of time and effort into building that platform, and we&#146;re now seeing nice growth from
that.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, great. I&#146;ll get back in queue. Thanks.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Operator</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you. Our next question comes from Ross Nelson, from TD Capital. Please go ahead.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT style="font-variant: SMALL-CAPS"><B>Final Transcript</B></FONT>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ross Nelson </B><B><I>- TD Capital &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Hi guys, great quarter. Can we switch and look at the balance sheet for a second? Can you talk
about kind of what the normalized amount of accounts receivable will be as you go into the second
and third quarter, and how much cash that might free up for, I guess, your subsequent repurchases?
And then that kind of begs the question where are you off of that 5&nbsp;million share buyback
announcement that you made back in February? How much is left on that? And then that also begs the
question, where are you willing to go on bank debt, assuming the stock stays in this range?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes, Ross. In terms of the working capital, clearly receivables is the big variable. On a
normalized, annual basis we would expect the DSOs on receivables to be closer to 70&nbsp;days. It&#146;ll
peak in the first quarter because the way we calculate it is to take a trailing 12&nbsp;month calculation on revenue, and then divide by the quarter end receivables. And given that
receivables peak in the first quarter, they&#146;ll then turn to cash in the second and third quarter
and trend down lower to 70&nbsp;days. So, if it&#146;s up around $133&nbsp;million now, you&#146;ll see some reduction
to get it back to the 70&nbsp;day DSOs later in the year. That may generate, you know, $8 to $10&nbsp;million
off of that balance net from where it is today, just in the working capital component alone.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Let me also comment on the rest of your question. The decision to continue to buy shares is a
function first of our acquisition program, so that if the acquisitions step up we would probably
buy less shares. It&#146;s also a function of the stock price to make sure that everything we buy is
accretive because as we&#146;ve indicated before we will not buy shares if it&#146;s not accretive. And, the
authorization that the board approved is a requirement that they must have a set amount for a set
period of time but quite frankly, if for some reason we were to acquire more shares than that, we
would just go back and get another authorization. So I wouldn&#146;t get too focused on the 5&nbsp;million
share number.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes. And just to be specific, we&#146;ve only used a million shares out of that 5&nbsp;million share
authorization. But as Steve commented, we would look at it from time to time, and the board has
shown a lot of flexibility with us under the conditions that warrant further repurchases.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ross Nelson </B><B><I>- TD Capital &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. Can you can you give a little bit more clarity on what your tolerance is for, I guess,
levering up the bank debt? I mean, typically I know it&#146;s been on the more conservative side, but,
let&#146;s pretend for a second that the stock stays at the 7 or low 7&#146;s range, then you fall upon some
interesting acquisitions that you can get at a pretty inexpensive EBITDA multiple. What, just for
modeling different cases, do you think you can do? Because obviously
the multiples in this case
and in this sector have, especially in private equity land, increased dramatically, so I&#146;m just
trying to get a feel for what you view as an upside extreme leverage multiple?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Well, we&#146;ve said for a number of years that our comfort level is at about the 1.5 times EBITDA
number, but that at any point in time we may be considerably above that either because we&#146;re doing
accretive acquisitions or because we have seasonality in our cash flow which requires us to fund
the working capital going into the first and second quarters. So I don&#146;t know that there&#146;s an
extreme number. We&#146;d like to level back at the 1.5 over a long period of time but could it get to
2? It could get to 2. Could it get above 2? It could get above 2 if it was acquisition driven,
where we were acquiring, at the same time, strong cash flow companies.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ross Nelson </B><B><I>- TD Capital &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Is that 1.5 gross, or net?
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT style="font-variant: SMALL-CAPS"><B>Final Transcript</B></FONT>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I&#146;m not sure I understand your question, Ross.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ross Nelson </B><B><I>- TD Capital &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Net of cash? Or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Well, not net of the client cash .
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ross Nelson </B><B><I>- TD Capital &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">No, net of your cash and equivalents and restricted cash.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">It would be net of cash and cash equivalents, not restricted cash which basically belongs to
business purposes for clients. It&#146;s pass-through cash.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ross Nelson </B><B><I>- TD Capital &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, fair enough. Great quarter, guys. Thanks a lot.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thanks, Ross.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Operator</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We have a follow up from Jim MacDonald from First Analysis. Please go ahead.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes, just a couple of more technical things. G&#038;A was up a bit this quarter. Could you talk a little
bit more about that?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes. On an annualized basis, Jim, you&#146;ve seen us reduce G&#038;A as a percentage of revenue so we&#146;ve
gotten nice operating leverage out of managing G&#038;A increases at a slower rate than revenue. And we
would expect that to continue for the full year. So I think last year for the full year of 2006,
G&#038;A was in at roughly 4.1% of revenues. I would expect it to be that, if not lower, for the full
year 2007. Now in the first quarter you saw that back up just a
little bit because of some legal expenses to come through that were somewhat unpredictable, that were higher than a year ago.
And we also accrue some level of bonus and other incentive compensation that&#146;s concurrent with the
revenues. So it tends to be,
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><FONT style="font-variant: SMALL-CAPS"><B>Final Transcript</B></FONT>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">first quarter, heavier than it is for the balance of the year. So there&#146;s a slight increase in the
first quarter. But for the full year, you should see leverage out of G&#038;A.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. And the tax rate was higher than it has been, how did you get there?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes, Jim, I think for the full year we expect approximately a 40% effective tax rate, as we have in
the past couple of years. We&#146;re a tax payer in multiple states and it&#146;s a pretty complex array of
items that run through the effective tax rates. So we saw a slight bump in the first quarter up to
roughly 40.9%, but that should trend back down to 40% for the full year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. Thanks very much, guys.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Operator</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(OPERATOR INSTRUCTIONS)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Sir, we show no further questions at this time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman &#038; CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">That&#146;s fine, thank you. Well, thank you everyone for dialing in. Thank you to our shareholders for
their continued support and especially a thanks to our staff who are listening in. You worked hard,
you had a great quarter and congratulations. I want to end by reiterating what Ware said earlier.
We remain on track with the guidance that we gave in the last call for revenue growth in the 8% to
10% range, and earnings per share growth from continuing operations of at least 20% for 2007. So
we&#146;re off to a good start and again, thank you all for calling in.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Operator</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you. Ladies and gentlemen, this concludes the CBIZ first quarter 2007 results conference
call. Thank you for participating and you may all disconnect. Have a great day.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>l26001al2600100.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 l26001al2600100.gif
M1TE&.#EA1@!>`/<``#(O+N3BX>/BX7]Z>+VYMIJ7E8:"@7=R<)^;F;"MJTE%
M0L;%Q8Z*B*BGI^CGY6UH9J&>G%5243XZ.IF5DF!<6C(M+(%^?*6AG\7#P[VZ
MN+>UM$1`/[*NK*RHIH2`?SLW-^WL[`T*"UQ859V9EMG7U=+0SR(>'CDT,Y"-
MB\/"PL*_O;.PK1$.#GEV=!P9&$,_/W!L:IN8EFUG99.0CVEE8T=#0A\;&UQ6
M5'QY>"\K*F)?745!0%E552TI*"@E)#DS,@H'"!83$Q@5%4`\.C<S,PH("141
M$A00$`\,#2TH)RLG)R<C(QD6%@@&!X."@R\J*)&-B5-.2\_+R(."@I&.C_CX
M]_O[^\'`P.KIZ`X+#//R\>?EXTQ(1O7U]-73T1L7%^SKZ?GX^-W;V>[M[/+Q
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M;7!K:<3"P*^LJ____P<%!B'Y!```````+`````!&`%X```C_`*-!&4BPH,&#
M"!,J7,AP8*`G_R)*G$BQHL6+&#-JC.@$XL:/($-^["BRI,F2)$^J7&DQ)<N7
M*UW"G"E2)LV;&FWBW%E1)\^?_WP"W2ETZ,VB%I\\`6(T)-*(%0PX\$>UZI1_
MO:BX&E.5ZJ(3$3]0&4LE341U9-.J'1OB(M(0![1T[7K5Q-RN;D;]<[&&:A5,
M$;G<O6L-K%N/%D/,L.(/RS@Z1HR<4>/O:I8M5#%$K@&,:IV(4ZA*D1C:VY33
MI\%=JZHC8]$(]OR%:==D8@4M5_])H7I%X@/>H$5+3`8I"\43SZAV8.$:,<4L
MIZ@68#ZQB8Q*$7?[ZQWQM[]BP?V-_XZHC+I$&[.HHI&0T_G$/5/+[-*HG7N6
M"?[RT`@_WB*0%HPYPL-&0L%`E1=?T$?5`G'4$\,Z85B"!'\8#>&&/U9PTE9[
M%T%Q8((9:5>&(%7U`4!M_X0FWD5*O$%5(.Z,Y)Y$'OJ#H(+^8",*,F1@R`@N
MM:G8WT0A,".'/W.\`))0-=X8(E4IL.!#(:Q0%0`1*0I'41.1E.%/&0\P)6.'
M5`F0`X[<_=.#`%3-D.6*%%&`!E6-&+?DC!'Q4!4#8FZ9'7`1?>$%<$)2!``6
M5"%RIE-XJGDADDI6U,L_(1P"Z#^"4D7.FT,&D0%5(,ABD0O"''81$`U4=8PT
ME)PW0!?_&/]159H^D&A%))Q*5(0D5(5A`8H2`4%/'T:8>I$$7%&%A3-1-+N"
M/V3$6E4*3"'A`57/G%EH1!OTZ,\G^%!$B0)L8H04%X@.1L8F_RA0E16>2&%I
M8UQ0V@956QCW!694:2'%O__"TP55EYC;J$0_='*7&!M$-,)@6D`S1$0[@%$5
M+_\@,MA@[QC\T2H&C&6!&1,U:W*SP81BV\EFV'#RRS#WX'%30#U%<TP'W\R2
MS3J;Q'//->4,M,]"#QVTT33]##00?<Z,]$4^_+!A<T];1(D([+@P9M429:%*
M`6P81F#1336A1#QE$%,(HUQ_`,$]_G1!&]M&`_%"/&!4X8\B*+3_2G?/191R
M01<"<*"'/Z<L@Q+9-(6@``)C5(&*#('X8\@21-,,1"*W!*)%%9/4T`RBF9B5
MN5%%^)*`Q?Y,`(<+8E!U1]-_\X3/`W94U8',<,3N#R@X_[1'`>EV04"]_YC@
M.QY'!']3$=H8,S!5*D2`H@DDX!O$SHQO9(,^@^A-%36M3`W'H%2=\Y+2%[%P
M`P%R527&/N;MQ:\_!\#$/D5FM'$_56+`0;@FD@7*4$4#=N*>2;)P!P*(KRI5
M.(#B*!*'#E1E"S:8"?O,@`[6S04"9[!:+;H2@:05K0FIX(,!YP(&&#3/(D@P
M1U=B<)2<"4,$X1O,%MHPH8LTH05=40'M_Q0X*@HD8"IWJ<(*%#`UBQ#!1579
M`4YDT@0A4$`3;P@#Q#@0COI9!!_YZ`H?B`*1)I@@#1[8AA;O(@<_R&,>/<Q(
M%LK!&*JP00A$&<(+'F&(C5&E!##X0!,SPHL\5(4?I.")$\01OXV1X``F$`D=
M&%&5,2"/*'X,PS>J$8>2,.$;59&#`0:9M,'\H@'9*%9)0H`"150%`S'ZB1/F
M8H<!?&"((.%"LORAAQH,99;^0,,?8*$.8)ED"25X%P-(>91T#.`,17A)$5#0
M%5-D\)<3F\D'=ND/6S1E?Z>"0%<T$$VC@-,B#'@@%AKVS>YA9`</]`<.<$G&
MEX0`#UVA1:EH=J+.B;@+@KK063\C<@1O424:S)2E.RO2C:[XX0,]&^@9NF(%
M?0"MGT"H0U>XD8B++E0B$9C+`(9V3B"\HBL3V)Y'3P*(!U8!$$8[9U^JT@]Z
MFO.CA.A*%_:`M/V%8!A=R<73]C>-.E*%$$-U9Q.>595%5(U]28BGV&+JSIG:
HD6M*.\%<8H%5Q@4A!ET!0QQ[RK@7>-`?G.!:4,A6A#_,Y9)##0@`.S\_
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
