8-K

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                  SECURITIES AND EXCHANGE COMMISSION

                       Washington, D.C.  20549

                               Form 8-K

                            CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 27, 2003

                   NEW ENGLAND BUSINESS SERVICE, INC.
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          (Exact name of registrant as specified in its charter)

Delaware                          1-11427           04-2942374
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(State or other jurisdiction   (Commission            (IRS Employer
 of incorporation)              File Number)    Identification No.)

        500 Main Street, Groton, MA                     01471
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    (Address of principal executive offices)          (ZIP Code)

Registrant's telephone number, including area code:  (978) 448-6111
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(c) Exhibits
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99. Press release dated October 27, 2003.

Item 9.  Regulation FD Disclosure
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The following information is furnished pursuant to Item 9, "Regulation FD
Disclosure".

On October 27, 2003, the Company issued a press release announcing a new
share repurchase authorization and a planned dividend increase. A copy of
this press release is filed as Exhibit 99 hereto and is incorporated herein
by reference.


2
                               SIGNATURES

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.

                                      NEW ENGLAND BUSINESS SERVICE, INC.
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                                                (Registrant)

October 27, 2003                            DANIEL M. JUNIUS
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    Date                                    Daniel M. Junius
                                            Executive Vice President, Chief
                                            Financial Officer and Treasurer

EX-99

                                   EXHIBIT 99

FOR IMMEDIATE RELEASE              FOR FURTHER INFORMATION
                                   CONTACT:

                        DANIEL M. JUNIUS AT (978) 449-3416



            NEW ENGLAND BUSINESS SERVICE, INC.
       ANNOUNCES NEW SHARE REPURCHASE AUTHORIZATION
             AND PLANNED DIVIDEND INCREASE


GROTON, MA -October 27, 2003 - New England Business
Service, Inc. (NYSE: NEB) today announced two actions
dealing with the use of the capital generated by the
Company.

First, the Company's Board of Directors has authorized the
repurchase of up to two million of the Company's shares.
The program is effective immediately and extends through
November 30, 2006, replacing an expiring authorization.
Under the provisions of the authorization, share
repurchases will be made on the open market or through
privately negotiated transactions.

Under the expiring repurchase authorization, which was
approved in October 2000, the Company repurchased
approximately 1.1 million shares at an average price of
$17.73 per share.  The total number of the Company's shares
currently outstanding is approximately 13,186,000.

Additionally, the Company announced that its Board of
Directors plans to raise the regular quarterly cash
dividend by 10 percent, or two cents per share, in the
third fiscal quarter which begins in January 2004.

Robert J. Murray, Chairman and Chief Executive Officer
commented, "The steps announced today continue our
commitment to direct capital generated by the Company to
our shareholders. The combination of renewing the capacity
to repurchase shares and a planned increase in our dividend
is driven by the expanding capabilities of the Company and
the Board's confidence in the future of New England
Business Service."

New England Business Service, Inc. is a leading business-
to-business company with approximately 3.1 million active
small business customers in the United States, Canada, the
United Kingdom and France. The Company supplies a wide
variety of business products and services including checks,
forms and other printed material which are marketed through
direct mail, telesales, a direct sales force, dealers,
dedicated distributors and the Internet.  The Company also
designs, embroiders and sells specialty apparel products
through distributors and independent sales representatives
to the promotional products/advertising specialty industry,
primarily in the United States.   More information about
New England Business Service, Inc. is available at the
Company's web site, nebs.com.

This press release contains forward-looking statements.
These forward-looking statements reflect the Company's
current expectations only, and the Company expressly
disclaims any current intention to update such statements.
The Company's businesses are subject to various risks and
uncertainties described in the Company's Annual Report on
Form 10-K for the fiscal year ended June 28, 2003, on file
with the Securities and Exchange Commission.

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