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Deluxe Announces Resignation of Donald Hollis

Friday, August 02, 2002

ST. PAUL, Minn., Aug. 1 Deluxe Corporation announced today that its board of directors has accepted the resignation of board member Donald R. Hollis. Mr. Hollis had been a director of the company since November, 1996. Mr. Hollis stated that some clients of his consulting practice distribute products and services related to the payments industry, and his resignation is due solely to his desire to avoid any appearance of conflict. "We appreciate the service that Don provided both to Deluxe's shareholders and to the other members of our board," said Lawrence J. Mosner, Chairman and CEO. "We wish him the best."