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RR Donnelley Awarded Multi-Year Contract Renewal to Produce Hanley Wood's Business-to-Business Magazines

Thursday, February 16, 2006

Press release from the issuing company

CHICAGO, Feb. 15 -- R. R. Donnelley & Sons Company has been awarded a multi-year contract renewal to produce all of Hanley Wood's business-to-business magazines. The projected term value of this agreement exceeds $30 million. Founded in 1976, Hanley Wood, LLC, a $225 million company owned by JP Morgan Partners, LLC, a private equity affiliate of JP Morgan Chase & Co., is the premier media company serving the housing and construction industries. Hanley Wood's 22 business-to-business magazines, whose brands are reinforced by numerous integrated websites and conferences, continue to provide the residential and commercial construction markets with award-winning editorial. Frank Anton, Chief Executive Officer of Hanley Wood stated, "The close working relationship that Hanley Wood and RR Donnelley have built together over the past decade has given us the confidence and motivation to renew our agreement for the years ahead. RR Donnelley continues to demonstrate that in addition to fully understanding our business, they also have the technology and expertise to help us optimize workflows and minimize costs across the entire magazine production process. We appreciate their efforts on our behalf and look forward to the continued success of our partnership." Fred Moses, Chief Operating Officer of Hanley Wood stated, "The success of Hanley Wood's magazine production process and our ability to keep up with the demands of our extraordinary growth is enabled by the partnership that we enjoy with RR Donnelley. RR Donnelley has proven to be a great business partner." John Paloian, RR Donnelley's Group President, Publishing & Retail Services added, "As Hanley Wood has dramatically increased in size and scope over the course of our relationship, we are delighted to have been able to utilize the strength, flexibility and diversity of our platform to serve their evolving needs. In addition to the magazine business covered by this agreement, several divisions of RR Donnelley's Moore Wallace group are now also supplying products and services to Hanley Wood. This cross-selling activity continues to gain momentum with traditional RR Donnelley magazine customers."




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