Earnings Webcast & Conference Call Presentation dated February 8, 2011.

Forward-Looking Statements

This presentation and other written or oral statements made from time to time by representatives of Broadridge may

contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.

Statements that are not historical in nature, such as our fiscal year 2011 financial guidance, and which may be

identified by the use of words like “expects,” “assumes,” “projects,” “anticipates,” “estimates,” “we believe,” “could be”

and other words of similar meaning, are forward-looking statements. These statements are based on management’s

expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ

materially from those expressed. These risks and uncertainties include those risk factors discussed in Part I, “Item 1A.

Risk Factors” of our Annual Report on Form 10-K for the fiscal year ended June 30, 2010 (the “2010 Annual Report”),

as they may be updated in any future reports filed with the Securities and Exchange Commission. Any forward-looking

statements are qualified in their entirety by reference to the factors discussed in the 2010 Annual Report. These risks

include: the success of Broadridge in retaining and selling additional services to its existing clients and in obtaining

new clients; the pricing of Broadridge’s products and services; changes in laws and regulations affecting the investor

communication services provided by Broadridge; declines in participation and activity in the securities markets; overall

market and economic conditions and their impact on the securities markets; any material breach of Broadridge security

affecting its clients’ customer information; the failure of Broadridge’s outsourced data center services provider to

provide the anticipated levels of service; any significant slowdown or failure of Broadridge’s systems or error in the

performance of Broadridge’s services; Broadridge’s failure to keep pace with changes in technology and demands of

its clients; Broadridge’s ability to attract and retain key personnel; the impact of new acquisitions and divestitures; and

competitive conditions. Broadridge disclaims any obligation to update any forward-looking statements, whether as a

result of new information, future events or otherwise.

This presentation may include certain Non-GAAP (generally accepted accounting principles) financial measures in

describing Broadridge’s performance. Management believes that such Non-GAAP measures, when presented in

conjunction with comparable GAAP measures provide investors a more complete understanding of Broadridge’s

underlying operational results. These Non-GAAP measures are indicators that management uses to provide additional

meaningful comparisons between current results and prior reported results, and as a basis for planning and

forecasting for future periods. These measures should be considered in addition to and not a substitute for the

measures of financial performance prepared in accordance with GAAP. The reconciliations of such measures to the

comparable GAAP figures are included in this presentation.

Year-to-Date Financial Highlights

Revenues were down significantly from last year

Anticipated that event-driven revenues would be down, but they were lower than

expected

•

Event-driven fee revenues were down 51% for the first six months of fiscal year 2011 as

compared with same period last year, the majority of which was anticipated in our guidance

•

Based on our client interactions and expertise, we do not believe there has been a secular

change; however, it is unlikely event-driven revenues will rebound the remainder of this fiscal

year to earlier forecasted levels

Recurring revenues increased because of our sales less losses (Net New Business)

and acquisitions

Diluted earnings per share from continuing operations were down 68% for the first six

months of fiscal year 2011, over two-thirds of which was anticipated in our guidance due

to last year’s record event-driven revenues increase

Our year-to-date performance was $0.10 lower than anticipated primarily due to the

unprecedented cyclical decline in event-driven revenues. We are also anticipating a

similar $0.10 decline in the second half of this fiscal year

As a result of the event-driven revenue decline, we are lowering our Fiscal Year 2011

earnings per share from continuing operations guidance range to $1.30 to $1.40

Included in the $0.25 earnings per share guidance reduction is $0.05 for a one-time

charge,

which

will

result

expense

benefits

Fiscal

Year 2012

and

beyond

Closed Sales Performance

Closed

sales

for

the

quarter

were

$48M

$58M

compared

the

same

period last year

Year-to-date closed sales of $72M vs

$88M compared to the same period last

year

Strong recurring revenue closed sales

SPS

sales

$26M

(includes

the

large

$22M

deal)

for

the

quarter

$3M

last

year

•

SPS

year-to-date

sales

$37M

$7M

last

year

Investor Communication Solutions (ICS) sales of $9M vs

$43M (includes

$35M MSSB contract) last year

•

ICS year-to-date sales of $15M vs

$48M last year

Sales pipeline continues to have very good momentum and contains

large opportunities for both segments

Full year closed sales guidance reduced to a range of $140-190M due

to event-driven with no change to recurring guidance of $110-150M

Recurring Fee Revenues and Closed Sales FY05-FY11

$25

$50

$75

$100

$125

$150

FY05

FY06

FY07

FY08

FY09

FY10

FY11

Recurring Closed Sales

Recurring

Closed Sales

Forecast

(32)

+30

+16%

+25

Growth

Rate

$ in millions

$77

$92

$63

$82

$95

$119

$110-150

ICS recurring fee revenue is a very high quality revenue, 7% CAGR FY05-10

SPS recurring revenue has been more resilient than the markets it serves, 2% CAGR FY05-10

The acquisitions will enhance the performance of both ICS and SPS recurring fee revenues

Recurring Closed Sales grew at a 9% CAGR FY05-10

These

recurring

revenues,

especially

ICS,

are

due

the

high

retention

rates

and

new

closed

sales

$250

$500

$750

$1,000

$1,250

$1,500

FY05

FY06

FY07

FY08

FY09

FY10

FY11

Total Recurring Fee Revenues

Acquisitions

SPS

ICS

Forecast

+9%

+7%

+5%

Growth

Rate

$ in millions

$873

$955

$1,018

$1,064

$1,117

$1,133

$1,284

to $1,301

Event-Driven Fee and Distribution Revenues FY05-FY11

Volatile, but consistently grows

Position growth CAGR of 7% for FY05-11

Good value-creation, despite volatility

High margin, growing segment

Position growth enables higher revenue growth

New mutual fund solicitation product should

enable market share gains

Distribution revenue should continue to be

flat or down and convert to higher margin

ICS fee revenue

Volatility in distribution revenue is tied to

volatility in event-driven fee revenue

$50

$100

$150

$200

$250

$300

FY05

FY06

FY07

FY08

FY09

FY10

FY11

Total Event-Driven Fee Revenues

Contest/

Specials/

Other Comm.

Mutual Fund

Supplemental/

Pre-sale

Mutual Fund

Proxy

Forecast

$ in millions

$158

$292

$175

$237

$216

$186

$241

$487

$552

$579

$566

$556

$554

~ $540

$162

$178

$242

$201

$227

~ $160

$250

$500

$750

$1,000

FY05

FY06

FY07

FY08

FY09

FY10

FY11

Total Distribution Revenues

Event-driven

Recurring

Forecast

$649

$781

~$700

$808

$757

$730

$821

Distribution

Revenues

to:

$ in millions

Matrix

Matrix processing system is a leading platform solution supporting

Mutual Fund and ETF trading and administration

National Securities Clearing Corp. (NSCC)

Clearance & Settlement Platform

Matrix Provides Mutual Fund

Processing, Trust, and Custody Services

to Third Party Administrators (TPA)

TPA Client #1

TPA Client #2

TPA Client #3

>130 TPA Clients with $30B

In Assets Under Admin. (AUA)

Matrix Provides Mutual Fund

Processing Services to

Bank/Trust (B/T) Clients

B/T Client #1

B/T Client #2

B/T Client #3

>200 B/T Clients with ~$100B

In Assets Under Admin. (AUA)

Matrix Has Long-Term

Contractual Relationships

with Mutual Fund (MF) Families

and

Provides Connectivity

to >800 ETFs

(Exchange Traded Funds)

MF Client #1

MF Client #2

MF Client #3

>500 Mutual Fund Families

Covering ~25,000 Funds

Matrix Data Hub &

Processing Engine

•Automated Trade & Settlement Processing

•T+1 mutual fund settlement processing

•T+0 money market portal

•Designed for single net settlement execution

•Significantly reduces costs & human error

Matrix Processing Model

Matrix Value Proposition

Provides Broadridge

with an entry into the attractive post-trade mutual fund processing

market

Post-trade processing is a large and growing market ($600M in 2010 and expected to grow

to $1B in 2015)

Matrix is competitively well positioned with attractive stand-alone economics

Broadridge’s

brand halo and sales force positions it exceptionally well to provide

immediate uplift to Matrix’s entire product suite

Win additional sales in third party administrators (TPAs) and bank trust markets

Bring 401(k) product to current and prospective brokerage

clients

Enables Broadridge

to leverage Matrix’s clients and relationships to accelerate the mutual

fund team’s strategy focused on data-

and distribution-channels

Mutual fund distributors (146 TPAs

and 200 bank trusts) comprise Matrix’s core client base

Matrix has 500 mutual fund families, representing 25,000 funds; it also has connectivity to

800 ETFs

By positioning Broadridge

as a distributor of mutual funds, Matrix enhances Broadridge’s

ability to sell Access Data solutions, statements, fulfillment, proxy solicitation, etc.

Affords Broadridge

immediate cross-sell opportunities to Matrix’s TPA and trust client base

for client communications, data storage and archiving

1 Half

Results

and

Half

Guidance

Addressing

Key

Initiatives

(see next page for Revenue/EPS reconciliation year/year)

1 half

historically

represents

~40%

total

year

revenues

and

~30%

total

year

EBIT

due

seasonality

Issuer

Equity

Proxy

activity

half

EPS

down

$0.38

primarily

due

fall

off

event-driven

revenues

($0.28)

and

other

previously

announced

“grow-overs”

(Bank

America

Merrill

Lynch

(“BAML”)

client

loss,

Penson

and

one-time

FY10

foreign

tax

benefit)

half

EPS

expected

$0.06

$0.16

(mid-point

$0.11)

year

over

year

positive

momentum

recurring

revenues,

acquisitions

and

expense

savings

along

with

“bottoming

out”

event-driven

revenues, creates growth opportunities heading into FY12 and beyond

Recurring

revenues

due

positive

contributions

from

Net

New

Business

and

some

improvement

internal

growth (stock record positions/trade volumes). Positioned for positive growth into FY12 given expected recurring

sales and lower losses as BAML hits its anniversary date in Q4 FY11

Event-driven

revenues

down

half

about

the

same

half

excluding

large

jobs

FY10.

Expect

we are at the “bottom”

here so future years should see uptick since not aware of secular changes

Acquisitions, including Matrix, adding $69M in revenues and slightly accretive this year and expected to drive

growth in FY12 (carryover and organic growth)

Key

initiatives

are

track

and

expected,

dilutive

FY11,

then

positive

contributions

from

Penson

and

MSSB

offset by IBM/ITO integration in FY12 with pick up in FY13 of $0.27/share

Expense

reductions

half,

partially

offset

one-time

charge,

benefit

FY12

and

beyond

$0.11

$0.14/share

FY11 Financial Guidance

$ in millions, except EPS

Revenues

EPS

Revenues

EPS

Revenues

EPS

Revenues

EPS

Revenues

EPS

FY10

(GAAP)

968

0.56

1,241

1.06

2,209

1.62

Core Business

Recurring

0.11

Closed

Sales

(without

MSSB)

0.07

0.11

0.18

Losses

(13)

(0.06)

(11)

(0.04)

(24)

(0.10)

Internal Growth

(3)

(0.01)

0.04

0.03

Event-Driven Fees

(84)

(0.25)

(32)

(0.09)

(116)

(0.34)

Distribution

(64)

(0.03)

(19)

(0.01)

(83)

(0.04)

Acquisitions

0.01

Key Initiatives

Penson

(0.04)

(0.08)

0.08

MSSB

0.02

0.03

IBM

(0.01)

(0.12)

0.24

Key Initiatives

(0.04)

(0.03)

(0.07)

(0.01)

0.27

Other

One-time Charge

(0.05)

0.11

0.03

Expense Savings / FX / Other

(0.02)

0.08

0.06

Share Repurchases

0.02

0.09

0.11

Tax Rate

(0.06)

Total Change

(104)

(0.38)

0.11

(26)

(0.27)

FY11

(GAAP)

864

0.18

1,319

1.17

2,183

1.35

Note:

Key Initiatives

(A)

2nd Half FY11

FY11

FY12

FY13

1st Half FY11

Actual

Mid-Point Guidance

Key Initiatives

(A)

(A) Shows only directional view for key initiatives discussed. Does not include forward looking guidance for core business, acquistions, taxes or share repurchases.

Broadridge

FY11 Continuing Operations Financial Guidance Summary

Revenue growth in the range of (2)-(1)%

Closed sales forecast for the year at $140-190M (Recurring $110-150M)

Non-GAAP Earnings before interest and taxes margin of 12.7-13.4%

Diluted Earnings Per Share:

GAAP EPS (continuing operations) in the range of $1.30-1.40

Diluted weighted-average outstanding shares of ~128M

Free cash flow (Non-GAAP) in the range of approximately $130-190M,

includes:

Increase

investment

implementation

cost

~$45M

(Penson

and

IBM)

Reversal

FY10

$30M

additional

contribution

working

capital

FY11

Guidance does not include the effect of any future acquisitions beyond

the Matrix acquisition which closed in January 2011, additional debt

and/or share repurchases in excess of the repurchases needed to

achieve our 128M weighted-average outstanding shares guidance

Summary

Disappointing results for the quarter and year-to-date

Primarily due to the unprecedented low level of event-driven revenues

Our

confidence

create

shareholder

value

going

forward

remains

place

because

of:

Improved growth in recurring fee revenues

Our excellent client revenue retention rate

Our strong closed sales results

The benefits of our previously disclosed key strategic transactions

•

MSSB, Penson

and the IBM/ITO are all on plan

The accretive benefits from our acquisitions

•

Most notably Matrix and NewRiver

•

All acquisitions are progressing on plan

Our continued commitment to drive cost efficiencies through the organization

•

Resulting in a $0.05 earnings per share one-time charge

FY12-13 only requires to get back to the historical event-driven mean during the next two years

Commitment to the service profit chain

Segment Results & Forecast –

Investor Communication Solutions

1 half revenue and margin driven by lower event-driven activity, primarily mutual fund proxy. Event-

driven

fee

revenue

$80M

YTD

and

while

expecting

improvement

half,

full

year

reduced

$175M

(no upside/downside in guidance)

Including

acquisitions,

recurring

fee

revenue

for

the

quarter

and

half

are

~10%

and

half

forecasted to be up 21% with full year growth of 17%

Revenue

from

new

closed

sales

contributed

over

$15M

the

half

and

expect

generate

>$40M

full year (seasonality)

Client revenue retention rate continues to be greater than 99%. No notification of any large client

losses

Internal growth YTD is flat with interim (Mutual Fund) position growth of 10% offset by slightly

negative

equity

position

growth

and

lower

volumes

Transaction

Reporting.

Expecting

interim

growth

continue

for

rest

year

and

some

lift

equity

stock

record

positions

the

half

Current year acquisitions expected to contribute 4 points to total revenue in FY11 and carryover in

FY12 adds additional 3 points to revenue growth

Full-year margin adversely impacted by lower event-driven activity, and to a lesser extent, acquisitions

and strategic initiatives

Revenue/Growth

EBIT/Growth

(Non-GAAP)

Margin/Growth

(Non-GAAP)

Q2:

$294M/ (25)%

$3M/ (95)%

0.9%/ (1,200) bps

YTD:

$574M/ (18)%

$9M/ (88)%

1.6%/ (900) bps

FY11:

$1,567 to 1,578M / (6)%

$216 to 226M / (21) to (17)%

13.8 to 14.3% / (250) to (200) bps

Segment Results & Forecast –

Securities Processing Solutions

and

YTD

growth

driven

contributions

from

new

closed

sales

and

acquisitions

(Penson

and

City

Networks)

offset

carryover BAML client loss. Q2 revenues came in at low end of range

Acquisitions

add

points

growth

quarter

and

YTD.

Exiting

points

growth

given

completion of

Penson

implementation expected by end of Q4

closed

sales

$26M

with

large

global

institutional

bank

accounting

for

>$20M

across

both

Equities

and

Fixed

Income. Conversion will be in multiple phases with no significant revenue contribution until Q4 of FY12. YTD closed

sales of $37M vs. $7M last year. Fixed Income closed sales continue strong performance from last year

Internal revenue growth flat in the quarter as higher Fixed Income trade revenues offset by lower non-trade revenues and

carryover impact of prior year concessions. Retail volumes 4 points better than Q1 while Fixed Income volumes 7 points

higher than Q1

and

YTD

margin

decline

driven

the

expected

impact

the

lower

Outsourcing

margin

Penson

converted

and

the slight dilutive impact of City Networks in the first year. Outsourcing business still on target to exit FY11 at break-even

Excluding the Penson

transaction and the City Networks acquisition, Q2 revenues, EBIT and margins essentially

unchanged. Remainder of year begins to show improvement in revenue, EBIT, and margin growth

Low and high end revenues and EBIT ranges dependent on equity trade volumes and implementation of new closed

sales. Expecting slow continued improvement in volumes second half of the year

Revenue/Growth

EBIT/Growth (Non-GAAP)

Margin/Growth (Non-GAAP)

Q2 :

$146M / +9%

$19M / (18)%

13.2% / (430) bps

YTD:

$288M / +9%

$40M / (18)%

14.0% / (460) bps

FY11:

$589 to 599M / +10 to 12%

$80 to 88M / (19) to (11)%

13.5 to 14.6% / (500) to (390) bps

Broadridge

2Q and YTD from Continuing Operations

Revenue

($ in millions)

Earnings

Revenue

($ in millions)

Earnings

FY10

FY11

FY10

FY11

FY10

FY11

FY10

FY11

Q2 YTD

$393

$294

ICS

$51

$703

$574

ICS

$74

33%

-25%

Growth % / Margin %

12.9%

0.9%

15%

-18%

Growth % / Margin %

10.6%

1.6%

$134

$146

SPS

$23

$19

$264

$288

SPS

$49

$40

-9%

Growth % / Margin %

17.5%

13.2%

-8%

Growth % / Margin %

18.6%

14.0%

$527

$440

Total Segments

$74

$22

$967

$861

Total

Segments

$123

$49

19%

-16%

Growth % / Margin %

14.1%

5.0%

-11%

Growth % / Margin %

12.7%

5.7%

Other

($4)

($5)

Other

($6)

($10)

($1)

($0)

$530

$442

Total

Broadridge

(EBIT:

Non-GAAP

)

$71

$19

$968

$864

Total

Broadridge

(EBIT:

Non-GAAP

)

$116

$42

21%

-16%

Growth % / Margin %

13.4%

4.2%

-11%

Growth % / Margin %

12.0%

4.8%

Interest & Other

($3)

($2)

Interest & Other

($5)

($4)

Total EBT (GAAP)

$68

$17

Total EBT (GAAP)

$111

$37

Margin %

12.9%

3.7%

Margin %

11.5%

4.3%

Income Taxes

($17)

($6)

Income Taxes

($33)

($14)

Tax Rate (a)

24.8%

35.8%

Tax Rate (a)

29.6%

36.1%

Total Net Earnings

$51

$11

Total Net Earnings

$78

$24

Margin %

9.7%

2.4%

Margin %

8.1%

2.8%

Diluted Shares

140

128

Diluted Shares

140

129

Diluted EPS (GAAP)

$0.37

$0.08

Diluted EPS (GAAP)

$0.56

$0.18

Diluted

EPS

Before

1-Times

(Non-GAAP)

(b)

$0.31

$0.08

Diluted

EPS

Before

1-Times

(Non-GAAP)

(b)

$0.50

$0.18

Includes impacts of FX P&L Margin and FX Transaction Activity

(a)

FY10 Q2 Tax Rate of 24.8% is attributable to the release of a valuation allowance on a deferred tax asset relating to

tax loss carryforwards of approximately $8M.

Excluding the year-to-date benefit the FY10 Q2 tax rate would be 36.3%

(b)

FY10 Q2 Diluted EPS Before 1-Times (Non-GAAP) excludes the release of a valuation allowance on a deferred tax asset

relating to tax loss carryforwards of approximately $8M (gain reflected in Income Taxes).

$0.06 impact to EPS.

(a)

FY10 Q2YTD Tax Rate of 29.6% is attributable to the release of a valuation allowance on a deferred tax asset relating to

tax loss carryforwards of approximately $8M.

Excluding the year-to-date benefit the FY10 Q2 tax rate would be 36.8%

(b)

FY10 Q2 Diluted EPS Before 1-Times (Non-GAAP) excludes the release of a valuation allowance on a deferred tax

asset relating to tax loss carryforwards of approximately $8M (gain reflected in Income Taxes).

$0.06 impact to EPS.

Broadridge

FY11 Guidance from Continuing Operations

($ in millions)

FY10

FY11 Range

FY10

FY11 Range

Actual

Low

High

Actual

Low

High

$1,670

$1,567

$1,578

ICS

$273

$216

$226

-6%

Growth % / Margin %

16.3%

13.8%

14.3%

$536

$589

$599

SPS

$99

$80

$88

-4%

10%

12%

Growth % / Margin %

18.5%

13.5%

14.6%

$2,205

$2,156

$2,177

Total Segments

$372

$296

$314

-2%

-1%

Growth

Margin

16.9%

13.7%

14.4%

Other

($25)

($28)

($30)

$14

$2,209

$2,164

$2,191

Total

Broadridge

(EBIT:

Non-GAAP

)

$352

$274

$293

-2%

-1%

Growth

Margin

15.9%

12.7%

13.4%

Interest & Other

($10)

Total EBT (GAAP)

$342

$264

$283

FY11 Range

Margin %

15.5%

12.2%

12.9%

Segments

Low

High

ICS

$65

$90

Income Taxes

($117)

($98)

($103)

SPS

$75

$100

Tax Rate (a)

34.2%

37.0%

36.5%

Total

$140

$190

Total Net Earnings

$225

$166

$179

Margin %

10.2%

7.7%

8.2%

Diluted Shares

139

128

Diluted EPS (GAAP)

$1.62

$1.30

$1.40

Diluted EPS Before 1-Times (Non-GAAP)(b)

$1.56

$1.30

$1.40

* Includes impact of FX P&L Margin and FX Transaction Activity

Guidance

does

not

take

into

consideration

the

effect

any

future

acquisitions

beyond

the Matrix

acquisition

which

closed

January

2011,

additional

debt

and/or

repurchases

excess

the repurchases

needed

achieve

our

128

million

weighted-average

outstanding

guidance.

Closed Sales

Revenue

Earnings

(a) FY10 Full Year Tax Rate of 34.2% is attributable to the release of a valuation allowance on a deferred tax asset relating to tax loss carryforwards of approximately $8M.

Excluding the year-to-date benefit the FY10 Full Year tax rate would be 36.5%

(b) FY10 Full Year Diluted EPS Before 1-Times (Non-GAAP) excludes the release of a valuation allowance on a deferred tax asset relating to tax loss carryforwards

of approximately $8M (gain reflected in Income Taxes). $0.06 impact to EPS.

Cash Flow –

2Q11 Results and FY11 Forecast

(a) Guidance does not take into consideration the effect of any future acquisitions beyond the Matrix acquisition which closed in January 2011, additional

debt and/or share repurchases in excess of the repurchases needed to achieve our 128 million weighted-average outstanding shares guidance.

Unaudited

(In millions)

Six Months Ended

December 2010

Low

High

Free Cash Flow

(Non-GAAP)

Net earnings from continuing operations (GAAP)

166

179

Depreciation and amortization (includes other LT assets)

Stock-based compensation expense

Other

(1)

(5)

Subtotal

256

289

Working capital changes

(33)

(30)

(25)

Long-term assets and liabilities changes

(10)

(30)

(20)

Net cash flow (used in) provided by continuing operating activities

196

244

Cash Flows From Investing Activities

IBM / ITO data center investment

(20)

(15)

Capital expenditures and software purchases

(16)

(45)

(40)

Free cash flow (Non-GAAP)

131

189

Cash Flows From Other Investing and Financing Activities

Acquisitions

(96)

(297)

Stock repurchases net of options proceeds

(112)

(176)

Long-term debt proceeds

200

Dividends paid

(38)

(76)

Other (includes Disc Ops)

Net change in cash and cash equivalents

(225)

(208)

(148)

Cash and cash equivalents, at the beginning of year

413

Cash and cash equivalents, at the end of period

188

205

265

FY11 Range

(a)

Closed Sales to Revenue Contribution

Closed Sales Stats:

Recurring

•

Both ICS and SPS trending toward longer revenue recognition cycle

•

Larger strategic deals could take 12-24 months to convert

Event-Driven

•

Majority usually recognized during the year the deal closed

•

Sales are less predictable depending on size of the client

Revenue contribution could be +/-5% each year depending on the complexity of the conversion

($ in millions)

Forecast

Recurring

FY09

FY10

FY11

ICS

$55

$80

$35-50

~ Revenue

Contribution

Year

1-3

55%

35%

10%

50%

40%

10%

35%

SPS

$40

$75-100

Revenue

Contribution

Year 1-3

25%

50%

25%

10%

50%

40%

10%

30%

60%

Event-Driven

$45

$55

$30-40

~ Revenue Contribution Year 1-3

70%

10%

20%

80%

10%

80%

20%

Total Closed Sales

$140

$175

$140-190

~ Revenue Contribution Year 1-3

50%

30%

20%

50%

30%

20%

30%

40%

Revenues and Closed Sales Charts FY05-FY11

($ in millions)

FY05-10

Forecast

Event-Driven Fee Revenues

FY05

FY06

FY07

FY08

FY09

FY10

CAGR

FY11

Mutual Fund Proxy

150

24%

Mutual Fund Supplemental/ Pre-sale

Contest/ Specials/ Other Communications

Total Event-Driven Fee Revenues

158

186

241

237

216

292

13%

175

Growth

18%

30%

-2%

-9%

35%

Recurring Distribution Revenues

487

552

579

566

556

554

~$540

Growth

13%

-2%

ED Distribution Revenues

162

178

242

201

227

~$160

Growth

10%

36%

-17%

13%

Total Distribution Revenues

649

730

821

808

757

781

~$700

Growth

12%

-2%

-6%

($ in millions)

FY05-10

Forecast

Recurring Fee Revenues

FY05

FY06

FY07

FY08

FY09

FY10

CAGR

FY11

ICS

414

480

481

521

547

575

$608-615

Growth

16%

SPS

459

458

509

515

537

513

$512-522

Growth

11%

-4%

Segment Recurring Fee Revenues

873

937

990

1,036

1,084

1,088

$1,120-1,137

Growth

Acquisitions

NM*

$164

Total Recurring Fee Revenues

873

955

1,018

1,064

1,117

1,133

$1,284-1,301

Event-Driven

158

186

241

237

216

292

13%

$175

Growth

18%

30%

-2%

-9%

35%

Distribution

649

730

821

808

757

781

$698-701

Growth

12%

-2%

-6%

Other/FX

(25)

(19)

(12)

(17)

NM*

$8-14

Total BR Revenues

1,656

1,853

2,067

2,131

2,073

2,209

$2,164-2,191

Growth

12%

-3%

Recurring Closed Sales

119

$110-150

Growth

19%

-32%

30%

16%

25%

ED Closed Sales

18%

$30-40

Growth

38%

48%

29%

-30%

27%

Total Closed Sales

101

125

112

145

139

175

12%

$140-190

Growth

24%

-10%

29%

-4%

26%

*NM= Not Meaningful

Reconciliation of Non-GAAP to GAAP Measures

(a)

FY10

Full

Year

Diluted

EPS

Before

1-Times

(Non-GAAP)

excludes

the

release

valuation

allowance

deferred

tax

asset

relating

tax

loss

carryforwards

approximately

$8M

(gain reflected in Income Taxes). $0.06 impact to EPS.

(a)

Guidance does not take into consideration the effect of any future acquisitions beyond the Matrix acquisition which closed in January 2011,

additional debt and/or share repurchases in excess of the repurchases needed to achieve our 128 million weighted-average outstanding shares guidance.

EBIT Reconciliation

2Q10

2Q11

YTD10

YTD11

FY10

FY11 Range (a)

($ in millions)

Actual

Low

High

EBIT (Non-GAAP)*

$71

$19

$116

$42

$352

$274

$293

Margin %

13.4%

4.2%

12.0%

4.8%

15.9%

12.7%

13.4%

Interest & Other

($3)

($2)

($5)

($4)

($10)

Total EBT (GAAP)

$68

$17

$111

$37

$342

$264

$283

Margin %

12.9%

3.7%

11.5%

4.3%

15.5%

12.2%

12.9%

EPS Reconciliation

Low

High

Diluted EPS from continuing operations (GAAP)

$0.37

$0.08

$0.56

$0.18

$1.62

$1.30

$1.40

One-time recognition of a deferred tax asset

($0.06)

Diluted EPS before One-Times (Non-GAAP)

(a)

$0.31

$0.08

$0.50

$0.18

$1.56

$1.30

$1.40

* Includes impact of FX Transaction Activity

Free Cash Flow Reconciliation

Six Months Ended

FY11 Range (a)

($ in millions)

December 2010

Low

High

Net earnings from continuing operations (GAAP)

166

179

Depreciation and amortization (includes other LT assets)

Stock-based compensation expense

Other

(1)

(5)

Subtotal

256

289

Working capital changes

(33)

(30)

(25)

Long-term assets and liabilities changes

(10)

(30)

(20)

Net cash flow (used in) provided by continuing operating activities

196

244

Cash Flows From Investing Activities

IBM / ITO data center investment

(20)

(15)

Capital expenditures and purchases of intangibles

(16)

(45)

(40)

Free cash flow (Non-GAAP)

131

189

ICS Key Segment Revenue Stats

$ in millions

RC= Recurring

ED= Event-Driven

Fee Revenues

2Q10

2Q11

FY10 YTD

FY11 YTD

Type

Proxy

Equities

25.5

24.6

53.1

50.1

Stock Record Position Growth

-5%

-2%

-5%

-1%

Pieces

26.2

21.0

55.0

44.0

(0.833)

Mutual Funds

78.0

11.1

98.8

17.3

Pieces

105.7

16.1

139.7

24.1

(11.667)

Contests/Specials

3.6

3.9

11.6

8.2

Pieces

4.3

4.2

15.0

8.8

(3.333)

Total Proxy

107.1

39.6

163.5

75.6

Total Pieces

136.2

41.3

209.7

76.9

Notice and Access Opt-in %

66%

69%

55%

Suppression %

56%

47%

54%

49%

Interims

Mutual Funds

(Annual/Semi-Annual

Reports/Annual

Prospectuses)

19.7

22.9

41.3

46.5

Position Growth

10%

Pieces

111.9

117.2

222.7

239.7

Mutual Funds (Supplemental Prospectuses) & Other

10.5

9.1

20.0

19.8

Pieces

54.5

49.1

108.8

111.6

-20

13.33333

Total Interims

30.2

32.0

61.3

66.3

Total Pieces

166.4

166.3

331.5

351.3

Transaction

Transaction Reporting/Customer Communications

34.3

37.4

63.3

72.6

Reporting

Fulfillment

Post-Sale Fulfillment

18.2

16.8

38.0

36.1

Pre-Sale Fulfillment

8.6

11.6

16.8

20.8

Total Fulfillment

26.8

28.4

54.8

56.9

Other

Recurring

(1)

3.4

9.2

6.3

15.7

Communications

Other

Event-Driven

(2)

7.2

7.6

17.4

14.2

Total Other

10.6

16.8

23.7

29.9

Total Fee Revenues

209.0

154.2

366.6

301.3

Total Distribution Revenues

184.3

139.9

336.6

272.3

Total Revenues as reported -

GAAP

393.3

294.1

703.2

573.6

FY11

Total RC Fees

101.1

110.9

202.0

221.0

~$700

Total ED Fees

107.9

43.3

164.6

80.3

$175

FY11 Ranges

Low

High

Sales

Losses

-2%

-1%

-2%

Key

Net New Business

Revenue

Internal growth

-1%

Recurring (Excluding Acquisitions)

Acquisitions

Total Recurring

Drivers

Event-Driven

20%

-16%

10%

-12%

-7%

Distribution

11%

-11%

-9%

-5%

TOTAL

33%

-25%

15%

-18%

-6%

(1) Other Recurring Fee Revenue includes NewRiver, StockTrans, Access Data, Forefield and Tax Reporting. FY11 Forecast includes Matrix.

(2) Other event-driven includes 3.1M pieces for 2Q10 and 2.5M for 2Q11, primarily related to corporate actions.

Note: Certain prior period amounts have been reclassified to conform with current period presentation

SPS and Outsourcing Key Segment Revenue Stats

$ in millions

RC= Recurring

ED= Event-Driven

2Q10

2Q11

YTD10

YTD11

Type

Equity

Transaction-Based

Equity Trades

60.0

59.1

118.9

114.2

Internal Trade Volume

(1)

1,491

1,481

1,480

1,452

Internal Trade Growth

-9%

-1%

-5%

-2%

Trade

Volume

(Average

Trades

per

Day

'000)

(2)

(3)

1,509

1,497

1,467

Non-Transaction

Other Equity Services

47.8

53.0

94.0

104.9

Total Equity

107.7

112.1

212.8

219.1

Fixed Income

Transaction-Based

Fixed

Income

Trades

[4]

11.5

13.8

23.8

27.3

Internal Trade Volume

276

326

281

316

Internal Trade Growth

-12%

18%

-9%

12%

Trade

Volume

(Average

Trades

per

Day

'000)

(3)

276

327

281

316

Non-Transaction

Other

Fixed

Income

Services

[4]

8.3

7.5

15.1

14.6

Total Fixed Income

19.8

21.3

38.9

41.9

Outsourcing

6.3

12.7

12.2

26.7

# of Clients

Total Net Revenue as reported -

GAAP

133.8

146.1

263.9

287.8

FY11 Ranges

Low

High

Sales

Losses

-4%

-3%

Key

Net New Business

Revenue

Transaction & Non-transaction

-5%

-3%

Drivers

Concessions

-5%

-1%

-6%

-2%

Internal growth

-10%

-9%

Acquisitions

10%

TOTAL

-9%

-8%

10%

12%

(1) 2Q10 Internal Trade Volume previously was reported as 1,474 and 264 for Equities and Fixed Income, respectively. YTD10 Internal Trade Volume

previously was reported as 1,465 and 256 for Equities and Fixed Income, respectively. These numbers were adjusted to reflect Losses and Sales in order

to present consistent business for the purpose of calculating internal trade growth.

(2) Equity Trade volume adjusted to excludes trades processed under fixed priced contracts. Management believes excluding this trade volume presents a

(3) Prior Year's trade volume re-stated for comparability.

(4) Fixed Income FY10 Trade revenue re-stated to reclassify $0.4M mortgage product revenue to other fixed income services, $0.7M YTD.

Broadridge

ICS Definitions

Proxy

Interims

Transaction Reporting

Fulfillment

Other Communications

Refers to the proxy services we provide in connection with annual stockholder meetings for publicly traded corporate issuers. Annual meetings of public

companies include shares held in "street name" (meaning that they are held of record by brokers or banks, which in turn hold the shares on behalf of their clients,

the ultimate beneficial owners) and shares held in "registered name" (shares registered directly in the names of their owners).

Refers to the proxy services we provide for funds, classes or trusts of an investment company. Open-ended mutual funds are not required to

have annual meetings. As a result, mutual fund proxy services provided to open-ended mutual funds are driven by a "triggering event." These triggering events

can be a change in directors, fee structures, investment restrictions, or mergers of funds.

Refers to the proxy services we provide when a separate agenda is put forth by one or more stockholders that is in opposition to the proposals

presented by management of the company which is separately distributed and tabulated from the company’s proxy materials.

Refers to the proxy services we provide in connection with stockholder meetings held outside of the normal annual meeting cycle and are primarily

driven by special events (e.g., mergers and acquisitions in which the company being acquired is a public company and needs to solicit the approval of its

stockholders).

they are required by regulation to distribute periodically to their investors. These reports contain pertinent information such as holdings, fund performance, and

other required disclosure.

provided in an annual mutual fund prospectus (e.g., change in portfolio managers, closing funds or class of shares to investors, or restating or clarifying items in

the original prospectus). The events could occur at any time throughout the year.

Refers to communications provided by corporate issuers and investment companies to investors including newsletters, notices, tax information,

marketing materials and other information not required to be distributed by regulation.

Refers primarily to the printing and distribution of account statements, trade confirmations and tax reporting documents to account

holders, including electronic delivery and archival services.

Refers primarily to the distribution of prospectuses, offering documents, and required regulatory disclosure information to investors in

connection with purchases of securities.

Refers to the distribution of marketing literature, welcome kits, enrollment kits, and investor information to prospective investors, existing

stockholders and other targeted recipients on behalf of broker-dealers, mutual fund companies and 401(k) administrators.

Refers to the services we provide in connection with the distribution of communications material not included in the above definitions such as non-

objecting beneficial owner (NOBO) lists, and corporate actions such as mergers, acquisitions, and tender offer transactions.

Equities

Mutual Funds -

Contests -

Mutual

Funds

(Annual/Semi-Annual

Reports/Annual

Prospectuses)

–

Refers

the

services

provide

investment

companies

connection

with

information

Mutual

Funds

(Supplemental

Prospectuses)

–

Refers

primarily

information

required

provided

mutual

funds

supplement

information

previously

Other –

Transaction

Reporting

–

Post-Sale Fulfillment –

Pre-Sale Fulfillment –

Other –

Specials -

Use of Material Contained Herein

The

information

contained

this

presentation

being

provided

for

your

convenience

and

information only. This information is accurate as of the date of its initial presentation. If

you plan to use this information for any purpose, verification of its continued accuracy is

your responsibility. Broadridge

assumes no duty to update or revise the information

contained in this presentation. You may reproduce information contained in this

presentation provided you do not alter, edit, or delete any of the content and provided you

identify

the

source

the

information

Broadridge

Financial

Solutions,

Inc.,

which

owns

the copyright.

Financial information presented for periods prior to the March 30, 2007 spin-off of

Broadridge

from Automatic Data Processing, Inc. (“ADP”) represents the operations of

the brokerage services business which were operated as part of ADP. Broadridge’s

financial results for periods before the spin-off from ADP may not be indicative of our

future performance and do not necessarily reflect what our results would have been had

Broadridge

operated as a separate, stand-alone entity during the periods presented,

including changes in our operations and capitalization as a result of the spin-off from

ADP.

Broadridge

and

the

Broadridge

logo

are

registered

trademarks

Broadridge

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Solutions, Inc.