RR Donnelley Completes Purchase of Perry-Judd's Holdings, Inc.

CHICAGO, Jan. 25  /PRNewswire-FirstCall/ -- R.R. Donnelley & Sons Company (NYSE:RRD) today announced that it has completed its previously announced purchase of Wisconsin-based Perry-Judd's Holdings, Inc., a privately-owned printer of magazines and catalogs.  The $176 million acquisition was announced on December 20, 2006.  In connection with the closing of the purchase, Perry- Judd's Holdings, Inc. sent a notice to holders of its 10 5/8% Senior Subordinated Notes due 2007 that those notes would be redeemed on February 28, 2007 at 101% of their principal amount plus accrued interest.

About RR Donnelley

RR Donnelley (NYSE:RRD) is the world's premier full-service provider of print and related services, including business process outsourcing.  Founded more than 140 years ago, the company provides solutions in commercial printing, direct mail, financial printing, print fulfillment, labels, forms, logistics, call centers, transactional print-and-mail, print management, online services, digital photography, color services, and content and database management to customers in the publishing, healthcare, advertising, retail, technology, financial services and many other industries.  The largest companies in the world and others rely on RR Donnelley's scale, scope and insight through a comprehensive range of online tools, variable printing services and market-specific solutions.  For more information, visit the company's web site at http://www.rrdonnelley.com/.

Use of Forward-Looking Statements

This news release may contain "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995.  Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements.  All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements.  Readers are strongly encouraged to read the full cautionary statements contained in RR Donnelley's filings with the SEC. RR Donnelley disclaims any obligation to update or revise any forward-looking statements. 

DATASOURCE: R.R. Donnelley & Sons Company



CONTACT:  Media, Doug Fitzgerald, Senior Vice President Marketing &

Communications, [phone], , or Investors, Dan

Leib, Senior Vice President - Finance, [phone], , both

of R.R. Donnelley & Sons Company



Web site:  http://www.rrdonnelley.com/

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