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RR Donnelley To Acquire Financial Printing Business From Canadian Bank Note Company

Thursday, September 21, 2006

Press release from the issuing company

CHICAGO, Ill., Sept. 20 -- R. R. Donnelley & Sons Company has signed a definitive agreement to acquire Canadian Bank Note Company's financial printing assets and operations that include service facilities in Toronto and Montreal. The all-cash deal is expected to close in September. "Our Canadian and global clients will be delighted by this important expansion of our presence in Canada," said Tom Juhase, President of RR Donnelley's Financial Services business. "Canadian Bank Note's regulatory expertise and experience will enhance RR Donnelley's comprehensive resources and worldwide reputation for outstanding service." "We believe that this transaction will be very beneficial to the domestic and cross-border capital markets communities in Canada as they gain direct access to RR Donnelley's complete global capabilities," said Dan McNeil, who serves as Vice President of Sales for Canadian Bank Note Company and who will be joining RR Donnelley at the closing. "Our clients will benefit from the industry's leading composition network, virtual data rooms to support transactional deals, electronic solutions that include XBRL filing alternatives, and access to client education opportunities and resources." "This acquisition gives us a strong and immediate geographic presence in Canada's fast growing business and financial sectors," added Jons Besch, Senior Vice President, RR Donnelley Global Capital Markets. "As an industry leader in financial print and compliance solutions for the capital markets and investment fund industries, we quickly will create value for our clients." RR Donnelley's Financial Services business comprises a network that serves the world's financial centers across 42 countries on 6 continents. RR Donnelley is a leader in compliance filings in Asia, Europe and the US, with a transactional track record that includes many of the world's biggest and most complex mergers, acquisitions, equity and debt offerings, and IPOs. RR Donnelley, the largest provider of printing and related services in North America, has a strong manufacturing presence across Canada through its merger with Moore Wallace in 2004. RR Donnelley has been recognized for its commitment to sound environmental practices and has achieved Forest Stewardship Council Certification for all of its US and Canadian print production facilities. Its Global Capital Markets business has passed the rigorous Type II audit of SAS 70.




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