INDEPENDENT ACCOUNTANTS' REPORT
To the Board of Directors and Stockholders of
New England Business Services, Inc.
Groton, Massachusetts
We have reviewed the condensed consolidated balance sheet of
New England Business Services, Inc. and subsidiaries (the
"Company") as of September 23, 2000, and the related
condensed consolidated statements of income and cash flows
for the three-month periods ending September 23, 2000 and
September 25,1999 included in Part I, Item 1 of its report
on Form 10-Q for the period ended September 23, 2000. These
financial statements are the responsibility of the Company's
management.
We conducted our review in accordance with standards
established by the American Institute of Certified Public
Accountants. A review of interim financial information
consists principally of applying analytical procedures to
financial data and of making inquiries of persons
responsible for financial and accounting matters. It is
substantially less in scope than an audit conducted in
accordance with auditing standards generally accepted in the
United States of America, the objective of which is the
expression of an opinion regarding the financial statements
taken as a whole. Accordingly, we do not express such an
opinion.
Based on our review, we are not aware of any material
modifications that should be made to such condensed
consolidated financial statements for them to be in
conformity with accounting principles generally accepted in
the United States of America.
We have previously audited, in accordance with auditing
standards generally accepted in the United States of
America, the consolidated balance sheet of New England
Business Services, Inc. and subsidiaries as of June 24,
2000, and the related consolidated statements of income,
stockholders' equity, and cash flows for the year then ended
(not presented herein); and in our report dated July 25,
2000, we expressed an unqualified opinion on those
consolidated financial statements. In our opinion, the
information set forth in the accompanying condensed
consolidated balance sheet as of September 23, 2000 is
fairly stated, in all material respects, in relation to the
consolidated balance sheet from which it has been derived.
/s/ Deloitte and Touche LLP
Boston, Massachusetts
October 17, 2000
