<SUBMISSION>
<ACCESSION-NUMBER>0000950152-07-008371
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>4
<PERIOD>20071025
<ITEMS>2.02
<ITEMS>9.01
<FILING-DATE>20071030
<DATE-OF-FILING-DATE-CHANGE>20071030
<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>071199692
</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>l28471ae8vk.htm
<DESCRIPTION>CBIZ, INC.    8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>CBIZ, Inc.    8-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: Helvetica,Arial,sans-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<BR>
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 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): October&nbsp;25, 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<BR>
(State or other jurisdiction <BR>
of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">0-25890<BR>
(Commission<BR>
File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">22-2769024<BR>
(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<BR>
(Address of principal executive offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom">44131<BR>
(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">216-447-9000</DIV>

<DIV align="center" style="font-size: 10pt">(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="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
</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 -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">








<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD></TD><TD colspan="8"><A HREF="#000">Item&nbsp;2.02 Results of Operations and Financial Condition.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;9.01 Financial Statements and Exhibits.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="l28471aexv99w1.htm">EX-99.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="l28471aexv99w2.htm">EX-99.2</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>






<!-- link2 "Item&nbsp;2.02 Results of Operations and Financial Condition." -->
<DIV align="left"><A NAME="000"></A></DIV>

<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 October&nbsp;25, 2007, CBIZ, Inc. (the &#147;Company&#148;) issued a press release announcing its financial
results for the three and nine month periods ended September&nbsp;30, 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
October&nbsp;25, 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>

<!-- link2 "Item&nbsp;9.01 Financial Statements and Exhibits." -->
<DIV align="left"><A NAME="001"></A></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 October&nbsp;25, 2007, announcing its financial
results for the three and nine month periods ended September&nbsp;30, 2007.</TD>
</TR>

</TABLE>
</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">99.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Transcript of earnings conference call held on October&nbsp;25, 2007, discussing
CBIZ&#146;s financial results for the three and nine month periods ended September&nbsp;30, 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"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="002"></A></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>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">October 30, 2007&nbsp;</TD>
    <TD colspan="3" align="left">CBIZ, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Ware H. Grove
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Ware H. Grove&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


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



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>l28471aexv99w1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;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="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top"><IMG src="l28471al2847101.gif" alt="(CBIZ LOGO)">
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-size:28pt"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press</b></FONT><BR>
<FONT style="font-size:28pt"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;release</b></FONT></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="50%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="41%">&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><br>
Chief Financial Officer<br>
<B>-or-<br>
Lori Novickis</B><br>
Director, Corporate Relations<br>
CBIZ, Inc.<br>
Cleveland, Ohio<br>
(216)&nbsp;447-9000</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>REVENUE FOR THE QUARTER INCREASES 10.6%; EPS UP 20%<BR>
YEAR TO DATE REVENUE INCREASES 9.3%; EPS UP 22.6%</B>

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Cleveland, Ohio (October&nbsp;25, 2007)&#151;CBIZ, Inc. (NYSE: CBZ) today announced third-quarter results
for the period ended September&nbsp;30, 2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CBIZ reported revenue of $151.7&nbsp;million for the third quarter ended September&nbsp;30, 2007, an increase
of 10.6% over the $137.1&nbsp;million recorded for the third quarter of 2006. Same-unit revenue for the
third quarter increased by 9.3%, or $12.8&nbsp;million. Revenue from newly acquired operations net of
divestitures contributed $1.8&nbsp;million to revenue growth in the third quarter of 2007 compared with
the third quarter a year ago. CBIZ reported income from continuing operations of $3.9&nbsp;million for
the third quarter 2007, or $0.06 per diluted share, compared with $3.6&nbsp;million, or $0.05 per
diluted share in the third quarter of 2006.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">During the third quarter, the Company repurchased approximately 847,000 shares of its common stock
at a cost of approximately $6.1&nbsp;million. For the nine-month period ended September&nbsp;30, 2007, the
Company repurchased 4.4&nbsp;million shares at a cost of approximately $30.7&nbsp;million.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For the nine-month period ended September&nbsp;30, 2007, CBIZ reported revenue of $487.6&nbsp;million, an
increase of 9.3%, or $41.3&nbsp;million over the $446.3&nbsp;million recorded for the comparable nine-month
period a year ago. Same-unit revenue increased by 8.1%, or $36.1&nbsp;million, for the first nine
months of 2007 compared to the same period a year ago. Acquisitions net of divestitures
contributed $5.2&nbsp;million to revenue growth for the first nine months of 2007 compared with the same
period a year ago. Income from continuing operations was $25.3&nbsp;million for the first nine months
of 2007, or $0.38 per diluted share, compared with $22.8&nbsp;million for the first nine months of 2006,
or $0.31 per diluted share.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;Revenue growth continues to be strong, and this quarter represents the seventeenth consecutive
quarter of same-unit revenue growth for CBIZ,&#148; stated Steven L. Gerard, Chairman and CEO. &#147;The
strategic acquisitions we have made in the past twelve months have also contributed to our revenue
growth and we continue to actively pursue additional acquisitions in a disciplined manner. For the
nine months, the 9.3% total revenue growth achieved is within our 8% to 10% growth goal which we
outlined for 2007, and we expect to continue our revenue growth within that range for the balance
of the year. In addition, we expect
</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: Helvetica,Arial,sans-serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">to achieve an increase in earnings per share from continuing operations for the full year that is
within a range of a 20% to 25% over the $0.35 recorded 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. Shareholders and analysts wishing to participate in the conference call may dial
1-800-640-9765 several minutes before 11:00&nbsp;a.m. (ET). If you are dialing from outside the United
States, dial 1-847-413-4837. A replay of the call will be available starting at 1:00 p.m. (ET),
October&nbsp;25 through midnight (ET), October&nbsp;29, 2007. 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 19349015. 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, 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="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>For further information regarding </I><B>CBIZ, </B><I>call our Investor Relations Office at </I>(216)&nbsp;447-9000 <I>or
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 5<!-- /Folio -->
<DIV align="center" style="font-size: 10pt; margin-top: 12pt">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: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CBIZ, INC.</B><BR>
FINANCIAL HIGHLIGHTS (UNAUDITED)<BR>
THREE MONTHS ENDED SEPTEMBER 30, 2007 AND 2006<BR>
<I>(In thousands, except percentages and per share data)</I>
</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>&nbsp;</TD>
    <TD>&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>SEPTEMBER 30,</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"><!-- 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">Revenue </DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">151,718</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">100.0</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">137,116</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">134,787</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">88.8</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">121,739</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">88.8</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">16,931</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">11.2</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15,377</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">11.2</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">6,370</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.2</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,568</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.1</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">3,823</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">2.6</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,077</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">2.9</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 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">6,738</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.4</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,732</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.2</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" 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">(981</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD nowrap align="right">-0.6</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(842</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">-0.6</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">20</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">7</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 (3)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">746</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.5</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">936</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">(215</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD nowrap align="right">-0.1</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">101</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.1</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">
    <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">6,523</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.3</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,833</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.3</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" 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">2,598</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">2,258</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</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,925</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">2.6</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,575</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">2.6</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">(302</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">(5</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 on disposal of discontinued businesses, net of tax</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,023</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">553</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">$</TD>
    <TD align="right">4,646</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">3.1</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">4,123</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">3.0</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>&nbsp;</TD>
    <TD>&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>&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">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Diluted earnings 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">$</TD>
    <TD align="right">0.06</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.05</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>&nbsp;</TD>
    <TD align="right">0.01</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">0.01</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>&nbsp;</TD>
    <TD>&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>&nbsp;</TD>
    <TD>&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">$</TD>
    <TD align="right">0.07</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.06</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>&nbsp;</TD>
    <TD>&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>&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">
    <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">66,083</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">70,421</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">$</TD>
    <TD align="right">7,484</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">6,668</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">$</TD>
    <TD align="right">11,307</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">10,745</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>

<DIV style="margin-top: 0pt">
<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 the sale of 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>

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

<TR valign="top">
    <TD nowrap align="left">(3)</TD>
    <TD>&nbsp;</TD>
    <TD>Includes $372 and $473 of net gains attributable to assets held in the Company&#146;s deferred compensation plan for the three months ended
September&nbsp;30, 2007 and 2006, respectively. These gains do not impact the Company&#146;s &#147;income from continuing operations before income
tax expense&#148; as they are directly offset by compensation to the Plan participants. Compensation is included in &#147;operating expenses&#148; and
&#147;corporate general and administrative expense.&#148;</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->Page 3 of  5<!-- /Folio -->

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">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: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">
<B>CBIZ, INC.</B><BR>
FINANCIAL HIGHLIGHTS (UNAUDITED)<BR>
NINE MONTHS ENDED SEPTEMBER 30, 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 nowrap align="center" colspan="14"><B>NINE MONTHS ENDED</B></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>SEPTEMBER 30,</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"><!-- 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">Revenue </DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">487,616</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">100.0</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">446,269</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">412,450</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">84.6</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">376,958</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">84.5</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">75,166</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">15.4</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">69,311</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">15.5</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">20,466</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.2</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19,633</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.4</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">11,779</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">2.4</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11,868</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">2.6</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">42,921</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">8.8</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37,810</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">8.5</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">(3,372</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD nowrap align="right">-0.7</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(2,499</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD nowrap align="right">-0.6</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">125</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">14</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 (3)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,342</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.7</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,667</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">0.6</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, 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">182</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"><!-- 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">43,016</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">8.8</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37,992</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">8.5</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">17,714</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">15,219</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</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25,302</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">5.2</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22,773</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">5.1</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">Loss from operations of discontinued businesses, net of tax</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,275</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">(1,912</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 on disposal of discontinued businesses, net of tax</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,713</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">506</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">$</TD>
    <TD align="right">28,740</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">5.9</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">21,367</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.8</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>&nbsp;</TD>
    <TD>&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>&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">
    <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">$</TD>
    <TD align="right">0.38</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.31</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>&nbsp;</TD>
    <TD align="right">0.05</TD>
    <TD>&nbsp;</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">(0.02</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>&nbsp;</TD>
    <TD>&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>&nbsp;</TD>
    <TD>&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">$</TD>
    <TD align="right">0.43</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.29</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>&nbsp;</TD>
    <TD>&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>&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">
    <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">66,845</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">74,406</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">$</TD>
    <TD align="right">46,263</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">40,477</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">$</TD>
    <TD align="right">58,042</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">52,345</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>

<DIV style="margin-top: 0pt">
<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 the sale of 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>

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

<TR valign="top">
    <TD nowrap align="left">(3)</TD>
    <TD>&nbsp;</TD>
    <TD>Includes $1,885 and $673 of net gains attributable to assets held in the Company&#146;s deferred compensation plan for the nine months
ended September&nbsp;30, 2007 and 2006, respectively. These gains do not impact the Company&#146;s &#147;income from continuing operations before
income tax expense&#148; as they are directly offset by compensation to the Plan participants. Compensation is included in &#147;operating
expenses&#148; and &#147;corporate general and administrative expense.&#148;</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->Page 4 of  5<!-- /Folio -->

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">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: Helvetica,Arial,sans-serif">

<DIV align="center" style="font-size: 10pt">
<B>CBIZ, INC.</B><BR>
FINANCIAL HIGHLIGHTS (UNAUDITED)<BR>
THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2007 AND 2006<BR>
(In thousands, except percentages 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="52%">&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>

    <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 align="center" colspan="7"><B>THREE MONTHS ENDED</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" colspan="7"><B>NINE MONTHS ENDED</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>SEPTEMBER 30,</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>SEPTEMBER 30,</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2006 (3)</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD 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>
    <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">$</TD>
    <TD align="right">65,537</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">57,692</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">227,942</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">205,158</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">41,684</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37,106</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">128,131</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">115,088</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">32,420</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">29,746</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">94,144</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">88,014</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">12,077</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,572</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37,399</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38,009</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:45px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>151,718</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>137,116</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>487,616</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>446,269</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>
    <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>
    <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">$</TD>
    <TD align="right">6,948</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">5,681</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">44,507</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">39,312</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">8,084</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,637</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27,715</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24,104</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">5,399</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,491</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14,609</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14,938</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">922</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,352</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,268</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,814</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"><B>Total (1)</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>16,931</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>15,377</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>75,166</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD align="right"><B>69,311</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>

</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SELECT BALANCE SHEET DATA AND RATIOS</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="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>SEPTEMBER 30,</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">$</TD>
    <TD align="right">21,534</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</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">$</TD>
    <TD align="right">16,888</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</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">$</TD>
    <TD align="right">121,064</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">104,294</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">$</TD>
    <TD align="right">175,278</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">168,575</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">$</TD>
    <TD align="right">71,846</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</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">$</TD>
    <TD align="right">214,985</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">205,917</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>$</B></TD>
    <TD align="right"><B>524,956</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</B></TD>
    <TD align="right"><B>518,283</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">$</TD>
    <TD align="right">84,995</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">91,444</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">$</TD>
    <TD align="right">71,846</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</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">$</TD>
    <TD align="right">12,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</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>$</B></TD>
    <TD align="right"><B>301,501</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</B></TD>
    <TD align="right"><B>301,705</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">$</TD>
    <TD align="right">(207,495</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</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>$</B></TD>
    <TD align="right"><B>223,455</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left"><B>$</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">50.1</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">72</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">66</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">64,538</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">65,437</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">66,845</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: 6pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>


<DIV style="margin-top: 0pt">
<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 $4,422 and $3,784 for the three months
ended September&nbsp;30, 2007 and 2006, and $14,933 and $13,857 for the nine months ended September&nbsp;30, 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 September&nbsp;30, 2006&nbsp;days sales outstanding (DSO)&nbsp;was 71&nbsp;days. DSO 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.</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 notes and bank debt divided by total
equity.</TD>
</TR>

</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->Page 5 of  5<!-- /Folio -->

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">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>l28471aexv99w2.htm
<DESCRIPTION>EX-99.2
<TEXT>
<HTML>
<HEAD>
<TITLE>EX-99.2</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: 12pt"><B>Exhibit&nbsp;99.2</B>
</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/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>Josh Vogel</B><BR>
<I>Sidoti and Company &#151; Analyst</I>
</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>Francisco Penafiel</B><BR>
<I>Noble Financial &#151; Analyst</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Robert Kirkpatrick</B><BR>
<I>Cardinal Capital Management &#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"><B>Operator</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Good morning ladies and gentlemen and welcome to the CBIZ third quarter 2007 results conference
call. At this time all participants are in a listen only mode. Later we will conduct a question and
answer session. Please note that this conference is being recorded. I&#146;ll now turn the call over to
Mr.&nbsp;Steven Gerard. Mr.&nbsp;Gerard, you may begin.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you Rose. Good morning everyone, and thank you for calling in to CBIZ&#146;s third quarter
conference call. Before I begin with my comments, I&#146;d like to remind you of a few things. As with
all 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 are welcome to listen in, however I
ask that if you do have questions you hold them until after the call. I will be happy to address
them at that time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This call is also being web cast and you can access the call over our website, CBIZ.com. You should
have all received a copy of the press release we issued this morning. If you did not, you can
access it on our website or you can call the corporate office for a copy. Finally, please remember
that during the course of this 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 the forward-looking
statements. Additional information concerning the factors that could cause actual results to differ
materially from those in the forward-looking statements is contained in our SEC filings, Form&nbsp;10K
and press release.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Joining me on the call this morning is Ware Grove, our Chief Financial Officer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Immediately after the close of business yesterday, CBIZ was proud to announce the acquisition of
Healthcare Business Resources, an industry recognized leader in the emergency room physician
billing market, which will serve as a strong platform for our future growth in this area. This
morning before the opening, we were pleased to announce our third quarter results, which showed
revenue up 10%, earnings per share up 20% and consistent with the guidance that we have been giving
all year. I&#146;ll have some further comments on the detail with respect to the press release, but I&#146;d
like to turn it over to Ware now to give you the detailed information.
</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="left" style="font-size: 10pt; margin-top: 12pt"><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 would like to take a minute to run through the highlights of the numbers we
released earlier today for our 2007 third quarter and year to date earnings, but I also want to
make several comments about the acquisition that we announced yesterday.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">First of all about the acquisition; Healthcare Business Resources reported approximately $30
million of revenue over the past year and is primarily focused on serving emergency room physician
practices in a 13 state area along the east coast by providing coding, billing, and collection
services. We are excited about the opportunities this presents and we welcome this new group as
part of the CBIZ Medical Management Professionals team.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For competitive reasons it has not been our practice to disclose details of any specific
transaction, but as we announced in our release yesterday, due to the timing of this acquisition,
to be effective November&nbsp;1, the impact on 2007 results will not be significant. However, in 2008
this operation is expected to contribute approximately $6&nbsp;million of EBITDA and it will be
accretive to earnings. Considering the incremental cost factors associated with this transaction,
the earnings per share impact is expected to be between $0.01 and $0.02 for the full year 2008.
This acquisition also serves to improve our mix of business within our Medical Management
Professionals group so that we will have approximately 25% of revenue focused on serving emergency
room physician practices and about 50% of revenue focused on radiology practices. Prior to this
acquisition, radiology represented approximately 67% of the mix of revenue within the Medical
Management Professional segment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Now turning to the earnings release of this morning, as I&#146;ve commented in prior calls, I want to
remind you that 2006 results have been restated for the impact of discontinued operations. With
that in mind, revenue in the third quarter this year was $151.7&nbsp;million, an increase by 10.6% or by
$14.6&nbsp;million over the $137.1&nbsp;million recorded in the third quarter a year ago. Same unit revenue
increased by 9.3% in the third quarter compared with the third quarter a year ago.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">With respect to each segment, same unit revenue increased by 12.8% in Financial Services; increased
by 12.3% in Employee Services; and increased by 4.4% in Medical Management Professionals in the
third quarter. Same unit revenue in our National Practices segment declined by 3.9% in the third
quarter, primarily due to the fact that revenue related to our mergers and acquisition business
unit declined compared with third quarter a year ago. Newly acquired operations &#091;net of
divestitures&#093; contributed $1.8&nbsp;million to revenue growth in the third quarter, or 1.3% compared
with a year ago. For the third quarter net income from continuing operations was $3.9&nbsp;million or
$0.06 per share on a fully diluted basis, and that compares with $3.6&nbsp;million or $0.05 per fully
diluted share for the third quarter a year ago.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For the nine months ended September&nbsp;30, 2007, total revenue was $487.6&nbsp;million which was an
increase of 9.3% over the total revenue recorded for the nine months a year ago. Same unit revenue
has increased by 8.1% for the nine months compared with a year ago, with Financial Services up by
10.5%; Employee Services up by 9.8%; Medical Management Professionals up by 4.4%. The National
Practices group revenue declined by 1.6%, and as I mentioned before, in our mergers and acquisition
business unit which is part of the National Practices segment, revenue has declined by
approximately $1.9&nbsp;million compared with the first nine months a year ago. This impacts the revenue
growth as well as the margin reported for this segment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The revenue decline within the mergers and acquisition business unit has impacted our total
consolidated gross margin by approximately 25 basis points compared with the nine months a year
ago. The newly acquired operations &#091;net of divestitures&#093; contributed $5.2&nbsp;million to revenue growth
for the first nine months compared with a year ago.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We have previously talked about the impact of reductions in the Medicare reimbursement rates that
have impacted both revenues and margins in the medical management practices segment. For the nine
months ended September&nbsp;30, the impact was approximately $1.6&nbsp;million, which impacted both revenue
growth and margins in this business. This represents an impact of approximately 33 basis points to
CBIZ consolidated gross margin and to pre-tax margin for the nine months compared to a year ago had
this reduction in reimbursement rates not occurred. We expect the impact from the reduction in
Medicare reimbursement rates will continue for the balance of this year and we have considered this
fact in our full year earnings expectations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Also, as I mentioned during the second quarter conference call, the accounting for the gains or
losses on assets held in our deferred compensation plan impact the reported gross and operating
margins. The impact on reported margin for the nine months was a reduction of 39 basis points in
our reported operating income margin. About 85% of this cost is reflected in operating expenses
with the remaining cost reflected in general and
administrative expenses. Since these gains are also reported in the other income section of the
income statement, there is no impact on our reported pre-tax income margin for any period.
</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="left" style="font-size: 10pt; margin-top: 6pt">For the nine months this year we have been able to expand pre-tax margin by 30 basis points
compared with a year ago. Income from continuing operations was $25.3&nbsp;million or $0.38 per share
fully diluted for the first nine months this year compared with $22.8&nbsp;million or $0.31 per share a
year ago.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">During the third quarter CBIZ repurchased 847,000 shares of our common stock at a total cost of
$6.1&nbsp;million, and for the nine months we have repurchased 4.4&nbsp;million shares at a cost of
approximately $30.7&nbsp;million. Spending on acquisition related payments in the first nine months was
approximately $20.4&nbsp;million, and that includes earn out payments on previous acquisitions in prior
year. Strategic acquisitions continue to be our first priority in utilizing capital, and we
continue to have an active pipeline of target acquisitions. However, we will also continue to
evaluate potential share repurchase opportunities, but only if repurchase transactions are
accretive.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">You will note that our year to date fully diluted share count at September was 66.8&nbsp;million shares,
and we expect that for the full year 2007 the fully diluted share count will be approximately 66.5
million shares, and that depends on the dilutive impact of outstanding options.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Capital spending for the third quarter was $1.8&nbsp;million, and for the nine months was $4.2&nbsp;million.
DSO on receivables was 72&nbsp;days at the end of September&nbsp;2007, and that compares with 71&nbsp;days as of
September of 2006. The outstanding balance on our bank credit facility was $12&nbsp;million at September
30, however as of the close of business yesterday there was no short term debt on this credit
facility and we held a surplus of $12&nbsp;million in short term investments. Total debt to equity was
50.1% at September&nbsp;30, 2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">So in conclusion we were very happy with the results for the first nine months and we are on track
to record full year results that will meet or exceed our goals for 2007, which were to achieve
revenue growth of 8% to 10% for the full year, with an increase in earnings per share of at least
20% for the full year. So with those comments I&#146;ll conclude and I&#146;ll turn it back over to Steve.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you Ware. At this point I&#146;ll open up the call for 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"><B>Operator</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you, we&#146;ll now begin the question and answer session. (OPERATOR INSTRUCTIONS) We have our
first question from Josh Vogel from Sidoti and Company, please go ahead.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Josh Vogel </B><B><I>- Sidoti and Company &#151; Analyst</I></B>
</DIV>


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

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


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

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Josh Vogel </B><B><I>- Sidoti and Company &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I know Q3 was the first full quarter that you were going to see the reimbursement fallout, but was
that $1.6&nbsp;million number for Q3 or for all of &#145;07?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">That&#146;s for year to date 2007.
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Josh, let me remind you that in our June, second quarter conference call, we estimated an impact of
$900,000 from the Medicare reimbursement rate impact year to date. So there is an incremental third
quarter impact on top of that so that for the nine months we&#146;ve got $1.6&nbsp;million.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Josh Vogel </B><B><I>- Sidoti and Company &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, so then that was about $700,000 in Q3.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">That&#146;s correct.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Josh Vogel </B><B><I>- Sidoti and Company &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, so is that what we should expect per quarter now, once it gets &#151;
</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">We expect so, in fact I think if you go back to the first quarter conference call we estimated it
approximately $2.5&nbsp;million for full year 2007, and we expect at this point that that&#146;s the gross
impact of the Medicare reimbursement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Josh Vogel </B><B><I>- Sidoti and Company &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, and could you give any sort of outlook for what you think the impact will be for &#145;08? I mean
I know it will be anniversaried out, but I&#146;m just curious there.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Well we don&#146;t know what they&#146;re going to do at this point. There is one school of thought that says
they&#146;re going to further adjust it downward, and there&#146;s another school of thought that says
they&#146;ll keep it where it is. So at this point I don&#146;t think we have a good feel, and we&#146;re really
not going to know until we get almost to the end of the year. The Medicare rules require a zero
balance so whenever they move one practice down, another practice is going up, and it takes them a
while to sort that out. So at this point we really don&#146;t have any visibility as to what the impact
is likely to be next year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Josh Vogel </B><B><I>- Sidoti and Company &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, and the revenue in the MMP unit was a little bit stronger than what I was looking for, and I
was just curious, from the acquisition you made in May, was that contributed to the segment&#146;s top
line?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We haven&#146;t broken out the acquisition related revenue Josh. But we can tell you that the volume of
procedures that the physician practices are performing, and therefore we&#146;re coding, billing and
collecting, has increased this year compared to last year. That accounts for a good share of the
revenue growth.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#150; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On a same unit basis the numbers of procedures are up, quite frankly, a little bit more than we
expected them to go up.
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Josh Vogel </B><B><I>- Sidoti and Company &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. And just lastly I guess this is the big question that everyone has these days. I was
wondering if you could kind of give us &#151; I know that you guys went through the restructuring a
couple of years ago and we didn&#146;t get really a good sense of the impact on your business unit when
the economy went into a recession. And I was curious if you could kind of give us an analysis of
what kind of fallout you expect to see. You know, basically where we&#146;ll see the biggest pockets of
weakness and which businesses?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I&#146;m very aware that this seems to be the number one topic on the minds of all of our investors and
our analysts, what happens to CBIZ in a recession. Let me try and answer it this way.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">First, we&#146;re too early in our own process to give any guidance as to what we think next year&#146;s
going to look like for us because we&#146;re in the middle of doing business plans and budgets. I will
reiterate the long-term plan that we have told everyone; that we expect to continue to perform at
an 8% to 10% top line, minimum of 20% bottom line formula, with a combination of acquisitions and
organic growth. And, in any given year, those numbers &#151; the contribution of each may be a little
different.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I&#146;d also suggest that CBIZ is somewhat unique in that we have 80% of our revenue, which is
recurring, and over a 90% client retention rate in all of our businesses. So, we have a very stable
business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The other question that we really can&#146;t answer at this point is how long a recession and how deep a
recession and is it going to hit specific industries? As you know, we have no industry
concentration; we have no geographic concentration.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The experiences of 2001 and 2002, when you take away the impact of our own restructurings and
divestitures, tells us the following: small or mid-sized business tended to get hit later and
recovered slower; and what you would look at is that 20% of the business that is not traditionally
recurring, the special projects type of work. But a lot of that depends on how severe the downturn
really is.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">At this point, I can also share with you, and I think our revenue for the third quarter in our
Employee Services and our Financial Services businesses bear this out, we are not seeing, today,
any significant impact of people worrying about a slowdown. We read about it, just like you do and
we&#146;re conscious of it. But the feeling of our client base is, as best we can figure out, is still
pretty good. So, CBIZ would be affected, like any company would be, in a significant downturn. And
we&#146;re not suggesting anything different. At this point, it&#146;s just much too early to call where we
would see it and how much it would be.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Josh Vogel </B><B><I>- Sidoti and Company &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">All right; that&#146;s helpful. Thank you.
</DIV>

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


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

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


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

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you, Jim.
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


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

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">First let&#146;s start with the acquisition. I know you talked about how much you paid for it but to
kind of help us model it, is there &#151; I mean, you paid something like you&#146;re stated multiple. How
should we think about how you&#146;re going to finance it, so what your interest expense will be and
what the depreciation and amortization is going to look like?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, let me see if I can help you to this extent. We purchased this company within the range that
we&#146;ve talked about publicly, which is more or less between five to seven times adjusted EBITDA.
This was a business where the seller was not active in the management. The seller was really an
investor.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">And in those cases, we tend to pay a higher percentage up front than we normally do. However, we
still have an earnout provision here and we still have the appropriate incentives for the
management team to perform along the lines we expect.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">So, the best we can give you at this point is it&#146;s a higher percentage than we normally do,
primarily cash. And it was within the range that we gave you.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">And, anything on the guidance on what percent of the purchase price might be intangibles?
</DIV>


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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">No.&nbsp;We typically don&#146;t give out that information. And we&#146;re not trying to be coy with you. We are
actively looking at a number of other transactions, as you can appreciate. The pipeline for both
our medical practice business, as well as our other businesses, continues to be very strong. And we
need to maintain this confidentiality as we go forward and try and do other transactions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Another big picture issue; what are your thoughts on Sarbanes-Oxley kinds of small company, public
company, implementation and whether you&#146;ll see any of that and whether that&#146;ll occur; and kind of
the impact on CBIZ?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We&#146;ll take it in reverse order. The impact on CBIZ will be negligible. We have the ability to help
small companies. We actively market that service. That was never a strength of ours when Sarbanes
was hot. It&#146;s obviously much less hot now. I think you&#146;ll recall, we had a variable expense model
anyway, with a few professionals and a bunch of consultants helping us out. So if we have an
opportunity to do some, we will; but we don&#146;t expect it to have an impact on us.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. So, what would you attribute your third quarter, you know, back to Financial Services, to
then?
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#150; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">That&#146;s
a very good question. We took a look at our third quarter &#091;year-to-date results&#093;, which is 10-1/2% up on Financial
Services &#091;YTD&#093; and 9.8% up on Employee Services &#091;YTD&#093;. There is no single reason why they&#146;re
strong; other than we&#146;re doing better in our pricing, where we are continuing to be just as active
as we have been in terms of our marketing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Other than everybody working very hard and having a very good quarter, there was no single reason
that we could determine as to why Financial Services in particular was up. We&#146;re doing a better job
utilizing our workforce in the slow time. But other than that, it was just a good quarter, without
any specific reason.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I will tell you that as best we can figure out, about half of that came from pricing and half came
from volume on the Employee Services side. And about a third of the growth on &#151; I&#146;m sorry; on the
Financial Services side. And about a third of the growth, on the Employee Services side, came from
pricing as well. So what you can see there is actually a greater volume build than we&#146;ve had in
prior quarters.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">So, any thoughts on what kind of projects are keeping people busy? Are they M&#038;A projects? Or, I
mean &#151; so it&#146;s not....
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">No; it&#146;s really across the board. We&#146;ve had, really, no elephant deals in the quarter of any type.
It&#146;s general good, economic business. That&#146;s why the concern that The Street seems to have about a
recession next year, all of which I understand, is not being shown by our client base. They&#146;re
still looking at their own installation of software and building the next warehouse and adding to
inventory and doing what companies that feel pretty good about themselves tend to do.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">So, especially in Financial Services, there was no Sarbanes pick up at all. We are seeing more work
out of the attest side, the audit side of our business. But that&#146;s just a result of the efforts of
our Financial Services people that are in that business, trying to get more business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><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. I&#146;ll get back in.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


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

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We have our next question from Francisco Penafiel. Would you please state your company and go ahead
with your question?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Hi, Francisco Penafiel from Noble Financial. Good morning, gentlemen.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Hi, Francisco.
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Hi Steve, Ware. Back to the latest acquisition, I know that we cannot talk a little bit about the
financing. So, if you can help me on another front. Can you tell me what&#146;s the organic growth for
the company in 2006? I&#146;m talking about HBR.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Sure. HBR basically didn&#146;t have any organic growth in 2006. HBR was a spinout of another larger,
private company about three years ago. That spinout caused some issues among the ownership at the
time; caused some issues not relating to their own business but in a related way. And last year was
a flat year for them.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. From the press release I got, for the last 12&nbsp;months, they had like $30&nbsp;million in revenue
there. Is it fair to say that we can expect those $30&nbsp;million in 2008?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">It&#146;s our expectation for next year that, at a minimum, they would repeat those trailing 12&nbsp;months.
We are hopeful that the combination of two really fine companies, MMP as an industry leader and HBR
as a leader within their market segment, will generate more business. But as a minimum, we&#146;re
expecting what they did in the trailing 12.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. That said, if you are saying you&#146;re expecting 8% to 10% revenue growth through 2009, with
this acquisition we&#146;re talking about, like, 4% to 5% revenue growth just there compared to
analyzing 2007 numbers. I don&#146;t know if I should follow it with this. My question would be, are you
guys conservative with your expectation of this 8% to 10% growth for 2008?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Let me answer it this way. Yes, we are traditionally &#151; we&#146;re not conservative. I think we&#146;re
realistic in our expectations and we never want to mislead anyone. We have always said that our
revenue growth of 8% to 10% is going to come from three pieces: the organic growth, the internally
generated cross-serving, which is also organic growth and acquisitions. We&#146;ve also said that in
any given year, one may be higher than the other. So, it is possible that if, for example, things
slowed down, we&#146;re still comfortable that we can get to the 8% to 10%. And yes, you&#146;re correct in
identifying that we&#146;re halfway there with this acquisition for next year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Hopefully, we can keep the momentum that we have built this year in our revenue into next year. And
if that&#146;s the case, the number will be higher. But we look at our revenue plan over a long period
of time, because, as you know that being an analyst covering us, these are not necessarily
explosive growth businesses. These are steady growing businesses. So, we try, in our forecasting to
moderate the expected growth over time that&#146;s generated from organic growth with what we think we
can do from acquisitions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">So, we&#146;re going to at this point keep our guidance for the foreseeable future in the 8% to 10%. And
should it turn out that there&#146;s more momentum behind that, we will adjust that guidance as we go.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. Just to be sure; you said and the press release also said that there&#146;s not going to be any
significant financial impact on 2007. So, we can expect that all of these costs related with this
latest acquisition is going to be reflected in 2008 numbers?
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Well, because it closes November 1st, we only have two months of bottom line earnings. So, it&#146;s a
small fraction of what we would expect next year. The press release indicated that the bottom line
impact would be between $0.01 to $0.02. So, if you take one-fifth of that for two months or
one-sixth of that for two months, rather, you can just see it isn&#146;t going to impact this year.
That&#146;s all we were trying to say.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay because I was trying to see how Q4 is going to look now.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The point there is that this will have a positive impact on Q4 but will not dramatically change it
because it&#146;s only two months.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I see. Steve, another question; I don&#146;t know if you can help us with some guidance about the
current industry trends that can be impacting the company in any way in 2008 and the rest of 2007?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Current industry trends in our businesses, we continue to see our company being better positioned
in the financial services market. We don&#146;t see, other than an economic slowdown, or a recession, we
don&#146;t see any industry trends that would negatively impact our Financial Services group.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We don&#146;t see any industry trends that, at this point, are going to negatively impact our Employee
Services group. The one trend that is out there is the softness in the property and casualty
market. But the property and casualty business is really a very small piece of our Employee
Services business. So we don&#146;t see any industry trends affecting us next year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The medical practice business is subject to, as we mentioned before when Josh asked the question,
is subject to continued pressure if there is yet another change in Medicare reimbursement rates.
And, we just have to wait to see that. But other than that, it looks to us that there are no
significant external industry trends that should impact us next year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. Lastly, what is the cross serving rate for the company for the quarter and for the last nine
months?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Sorry; the current what rate?
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steve Gerard </B><B><I>- CBIZ &#150; Chairman/CEO</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We typically don&#146;t put out the cross serving numbers. Our target is 3% to 5% of total revenue. At
this point today we&#146;re within that range of 3% of total revenue for the nine months and we still
have a quarter to go.
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Francisco Penafiel </B><B><I>- Noble Financial &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Perfect, thank you very much.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


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

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Our next question comes from Robert Kirkpatrick with Cardinal Capital, please go ahead.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


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

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


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

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Steve, has the credit crunch that&#146;s gone on put you more in the driver&#146;s seat with respect to M&#038;A
in the last three months or so?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">It should but I think it&#146;s too early to tell. I mean what the credit crunch has done is slowed down
the mega deals, but we&#146;re not in the mega deals. What it will do over time, I&#146;m hopeful, is
readjust the expectation of the sellers, because maybe they&#146;re not going to think they can get the
ten times EBITDA that they thought they could get before. But right now I would say it hasn&#146;t had
any significant impact, it&#146;s really been too soon. And again it&#146;s really affected the big deals.
Our deals tend to be considerably smaller.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">All right. And is that something that you think takes a year before it really begins to readjust
seller expectations?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes, I think it does take that long, and I think that our pipeline continues to be strong and
probably very much unaffected by what&#146;s going on in the credit markets, with respect to the private
equity multiples. It really isn&#146;t going to have much impact. There are inevitably one off
transactions where the seller believes they&#146;re entitled to more than we&#146;re prepared to pay. But as
you know from following us, we really walked away from all those transactions. So we&#146;re sticking
very close to the multiple that we&#146;ve published in each of our three major businesses.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. And how is your existing emergency room doctor business within the medical practice area? How
is that structured, is that focused on the east coast? Help me understand how the existing business
was before.
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The existing business was about 5% of our total MMP business. It was spread out in the southeast
and &#151; the east and the southeast primarily. It was handled in a number of different offices, and
one of the things we&#146;re looking to do with the HBR acquisition is have them be more of a platform
for this business, they&#146;re so well known in it and they do so well in it. They are also doing
things a little differently than we do; they are much greater percentage off-shoring of their
processing. So there&#146;s some things we can learn from them, and there&#146;s some things we can bring to
them in terms of marketing and coverage.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">There&#146;s also some opportunity down the road to pick up other practices within the hospitals if
you&#146;re doing the ED then you&#146;re positioned, at least, to go after radiology and some of the other
stuff. So we see a lot of business from expanding this. And as Ware pointed out in his comments, it
lessens our dependence on any one of our four practices. It begins to give us a much more balanced
portfolio, which strategically is what we wanted to do.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">So is it fair to say that the hospital doctors that this acquisition company serves are hospitals
which you do not currently have a penetration in today?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Well we primarily do not have a penetration in today. They have quite a large practice. There may
be some small overlap, but not a lot.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. And would this make you the largest in this particular sub segment of the medical practice
area?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">That&#146;s a good question. I&#146;m not quite sure; I&#146;ll get back to you on that. For some reason I think
there may be a larger independent out there. I don&#146;t know the answer to that.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">And then Steve do you have any comments, the Bank of America sold their employee services insurance
brokerage business. Is that relevant to your existing Employee Services business? Is that something
that would have fit in?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We bid on it.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, sorry you didn&#146;t win. Or maybe I&#146;m not, depending on what you bid.
</DIV>

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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We bid a huge price and we didn&#146;t get asked back to the second round. What&#146;s relevant is there was
a move by the banks a number of years ago to aggregate insurance firms as an offshoot or extension
of their own products, and what we are seeing now is two things; the number of banks trying to buy
more insurance brokers has dramatically slowed down, and a number of them, not just Bank of
America, are looking to sell them. It
</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="left" style="font-size: 10pt; margin-top: 6pt">represents an opportunity for us if we find one that fits
strategically and we can afford it. And it represents one less aggressive acquirer in the market
for us. So there are some positives for us in all of this.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Bank of America transaction was a very, very large transaction. That was $75&nbsp;million or $80
million revenue, 20% almost 25% EBITDA business, and would have fit very nice strategically and
geographically, but again we&#146;re not chasing transactions at ten times multiples. So I think a lot
of positive, not that one, but the trend will be positive for us. But it doesn&#146;t specifically
influence us today.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay. And then finally, it looked like the tax rate was a little bit lower in the quarter than it
had been in the first half of the year. Is there any particular reason for that?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">There were some tax law changes that have been favorable to us in some states, and you may recall
that we made some adjustments midyear related to IRS audit progress. So yes, primarily the tax law
changes have given us a small benefit here.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Robert Kirkpatrick </B><B><I>- Cardinal Capital Management &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay, great. Well keep up the great work guys.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


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

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We have our next question from Jim MacDonald from First Analysis, please go ahead.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Just a couple of quick technical things. The same store sales numbers that you gave earlier in your
presentation, were those for the quarter or year to date?
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Ware Grove </B><B><I>- CBIZ &#151; CFO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Yes. I&#146;m sorry; they were for both the quarter and for the year to date Jim.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">You&#146;re talking about 8% Financial Services, 12.3% ES?
</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">Let me repeat them in case there&#146;s some confusion. For the quarter the Financial Services was up
12.8%, 12.3% Employee Services, and 4.4% in Medical Management Professionals.
</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="left" style="font-size: 10pt; margin-top: 12pt"><B>Jim MacDonald </B><B><I>- First Analysis &#151; Analyst</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Okay that&#146;s good. One other question, DSOs posted up slightly, any thoughts there?
</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 sorry Jim, what was the question?
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Steven Gerard </B><B><I>- CBIZ &#150; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Jim the DSOs were up a day compared to second quarter, nothing significant there. It doesn&#146;t in any
way reflect slowdown in payment for us. It&#146;s within the 75 target days that we had as our guidance;
it just rounds to a slightly higher number.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">(OPERATOR INSTRUCTIONS)
</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">At this time I have no further questions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Steven Gerard </B><B><I>- CBIZ &#151; Chairman/CEO</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you Rose. I would like to thank our shareholders and our analysts for their continued
support. I&#146;d particularly like to thank all of the CBIZ employees who are listening in, or who will
listen in to this call. You had a great quarter, we&#146;re greatly appreciative. We are well on track
with the plan that we put in place for 2007, so I look forward to talking to everyone come next
January when we report full year numbers, and at that point we&#146;ll be able to give 2008 guidance.
Thank you all very much.
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Thank you. Ladies and gentlemen, that now concludes today&#146;s teleconference. Thank you for
participating, you may all disconnect.
</DIV>


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




</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>l28471al2847101.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 l28471al2847101.gif
M1TE&.#EA3P!F`/?#`$)"0KN[NUI:6C,R,JFIJ24E);2UM&YM;79V=I>7EYF9
MFL+!P6-D8[FYN.OJZJ&@H"\N+A,2$>3DY,C'Q_7T](&!@;"QL4='1Y65E0H+
M"A04%`0$!&QL;$=(2,7%QC@W-V1D9&!A8&)B8M?7UQ(1$>KJZ>SM[2LK*LK*
MRC8U-MS<W6EJ:8F)B>;FYA,3$I*2DE155)B8F??W]KV]O)F:FWEZ>N+BXA$1
M$=G9V`P+"XZ.CZNLJV9F9DY.3N7FY<W-S:VMK3<W-\[.SH"`@:JIJB@H*.CG
MZ#`P+_OZ^G=W>$U-3E!04?'R\145%4`_/Z2CHUA86.WM[=_?WB`@('-S<T1#
M0U965OS\_,S+RW!O<-[>WC4T-(V-C5Q<6^_P[\S,S71U=7Q\?:>GI]35U4Q,
M3"PL*UE:6;>WMX2$A%-34MW=W5%24MC8V/GY^?CX^#T\/&YO;M;7UY^>G\'`
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M=$5%1?[^_O___P```/___P``````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"'Y!`$``,,`+`````!/`&8```C_`(<)'$BPH,&#
M"!,J7,AP6#`4#0)(G$BQHL6+&#-JW#BQ5#!@((,Y7"2LI,F3*%.J7,FRI4N4
MP3X"$QD,P,N;.'/J%!8SI$.;.X,*U=ESYL^A2).N+$H3J-*G29D>A4I5J-2:
M5;,2E=E4J]>75YU^'0N3ZU2R:$N&3<MV+5NT;E]"B1'JH2X%!$I6@2!"CH*_
M"AYT,'DDR(`!6YR83+'EL./'AU.(31F798*8F#.7;)&Y<YR2-S(G,-FY-&9'
M+2NK]($YT9D9!C"7!/$Q&)L&9V;.W%'RB>R2'TP7G4G#I6J4)6I?.)DA)NF9
M*TRJB1FEI*K?PE@%PY"R3FT)8,UB_UW)H#:9E+^"/0^&P.2<F`Y*$L">($3*
M-[75A_<Y7F7R8.`9-U-[)4T0TROR8;=2&[45<--Q)9%06PU@S<1!299@%D&"
MSK%$1&V&X`2A,`C4EDJ%P32P@`DQ>7'2?!VJY$IM-N0TX@&U'5#A3)D%$HM)
M,.J7$B&9W6"C>).9A.-,.@H8C!A@H)"9'QP*B9*!,_6P%7])EK1D,#R@"(=)
MA]26A#!!JE1!;:WL-"(5M5F`(H%JS01>FB@=D5]0(_(44A-.TNEG,&J@J:!:
MF+G`)Y(L<3:3"BJ1X($P:=0F:&UL&!IC23_4)LI*N*3&Z$J3<*4"!"<)$DPF
MPO!06Q8FE?]16W1XEH1(;0NL-`%O+/4I#"1<!6.$"0Y@%H8PH]0&1!.<E!<3
M$KWU9)(9^6U020'8PG*!#C&Q("J7+EG`5&9HE"1%L)E=8=*Y,S$BC`;C"A>,
M$M\:U1]+:QC1&0Y0E`2O:8UT89((F<4GKVF#U-O5322$($`>;VUI;Y<14^5K
MQ5&-BK%6%V]LE<8>6PQRR$]U3/*1X)X,E<DJ[S=QRRLE,=B#(\/L`BEBH/PR
MS":M^8?$"\,\1$P4N%FSQU9P%HPFBZ9,<AK%8E9&TSM[W(,7,<46S,Q&.UTQ
M`Y[$5`$',7'WL==L<8'9"!D\$%.`9U>-UB5:!].)%<*(&TS12+'_C!09=0?3
M1TFT8.9@WT=3184-F?5B4@.U@:&4WSG=@4=G7YR42VV2E)SX4+(L@/GA)<U0
MFQ8K?ZY3#C5@QF,P*:`D.H]VI(YV4$$8V%-,;HB0TB=<+2'R[3A%L.:X%("@
M$@Q</5`5Y<!AX?KKD:Q$;4BH/Z\Z2AH`P2-(K[_`T@:[!Z.H]L2CM`$#0DS_
MNMDK%<)4=%GY6L4J[K]>G$N`<(6%5Q":`BK<D#_,[.$FL0F)E=`G-V'<@D'#
M46`PN(`3VH`O&"?XRE4^X*4QY$^!3-!#3B+`%.=I4#QH^%`$+Q@,)MA')Q3@
M2@G((I77@>^&,3&!P':2P)#8@H9FN2$._V/B`=+I9!<RF<FQ@.@3(;XN!AE`
M7$A\D)8:2A`):U"*!Q6X(;@$$3.U,.)0RG-!4+1%/#*`U?!F4ITS\@=55!E!
ML'+P%NBQQ`E)#,80(F;'I7!%!A7K8TI.D<<B!')[-RD"4R9UR/3I1(X*W)@@
M34*V"_I"DH@T#E?4A4E'WN0R%YR"QR;IIY#D:I297`D.\KB)D`D2`GD4GRM3
MF1)3!.MD?1Q`'G6`2UJ>I'V1[*4G5S*+/'I+F`VD63"1&32<T,&8+8->IY;)
MS+/<Y`1YE%,T?8F)/"H"9G[#Y@4IP3._@3(D]`*G>'AA(Q;RC"?B>00,!$#/
M>MJ3GDN`W`55P#>'>_KSGP`-J$#K>8$:'JPT0CRH0A?*T.&(Q(D0C:A$)TK1
7BEK4*!?-J$8WFM&'<O2C(/VH2`("`#L_
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
