Valassis and ADVO in Settlement Discussions

Tuesday, December 19, 2006

Dec. 18, 2006 -- Valassis and ADVO, Inc. announced today that they are in discussions to settle the ongoing litigation between the companies. The trial in the Court of Chancery for New Castle County, Delaware, has been recessed for a day pending the outcome of these discussions. There can be no assurance that any settlement will result.