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Rule 424(b)(3)
Registration No. 333-81013
THE BISYS GROUP, INC.
SUPPLEMENT NO. 1 TO PROSPECTUS
DATED JULY 1, 1999
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This supplement no. 1 supplements the prospectus dated July 1, 1999
covering shares of common stock of The BISYS Group, Inc. offered by the selling
stockholders listed in the prospectus.
Information contained in the table on page 11 of the prospectus under the
heading "Selling Stockholders" is modified, as follows:
Common Stock Common Stock
Selling Beneficially Owned Maximum Amount Beneficially Owned
Stockholder Prior to Offering Offered Hereby After Offering
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Amount/Percent
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Edward C. Mungenast 44,039(1) 44,039(1) 0 -(2)
Wachovia Bank N.A. 20,000(1) 20,000(1) 0 -(2)
Dated: September 1, 1999
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(1) Mr. Mungenast beneficially owned 44,039 shares of BISYS common stock as of
the date of this supplement. He has pledged 20,000 shares to Wachovia Bank N.A.
to secure obligations he may have to the bank under an equity collar
arrangement. Wachovia Bank N.A., as pledgee, may offer and sell up to the 20,000
shares from time to time.
(2) Less than 1%.