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Bowne Forms Strategic Alliance with Turkey's Detay Basim Press

Press release from the issuing company

NEW YORK - Bowne & Co., Inc. (NYSE: BNE), the world's largest financial printer and a global market leader in the field of empowering information, today announced it has formed a strategic alliance with Detay Basim, Turkey's leading financial printer. The alliance will allow investment banks and legal professionals working within Turkey's rapidly growing privatized markets to utilize Bowne's global expertise with filing initial public offerings and merger and acquisition documents. The alliance will also provide Bowne clients with the assurance of receiving Detay Basim's quality printing services locally. "This is an exciting time for Bowne, as we align with Detay Basim to expand our capabilities in Turkey," said William Penders, Managing Director with Bowne & Co. "The Turkish free markets and economy are flourishing, and foreign investment continues to increase there. Turkey's position as a world market was underscored last year when the European Union declared the nation an official candidate for full membership. By working with Detay Basim, Bowne can assure clients in Turkey that they will receive quality customer service and printing on the local level." Turkey began privatizing its State Economic Enterprises in the mid-1980s and established the Istanbul Stock Exchange (ISE) in 1986. According to government sources, almost 5,000 foreign companies actively participate in the Turkish economy. Stock and bond markets are open to foreign investors with no restrictions on the repatriation of capital and profit. In 1999, the ISE was among the best performing in the world; foreign investors' equity portfolio holdings make up more than 50 percent of the free float in recent years. "Bowne has helped many companies meet the unique filing requirements associated with going public in worldwide markets," said Mr. Ferit ÷zkasikÁ, president and CEO of Detay Basim. "We are pleased to be affiliated with Bowne as part of their international financial printing network, as well as its expanded service offering, particularly Bowne's digital printing capabilities. This is an important alliance, as we help others participate in the financial growth of Turkey." For additional information on the Bowne & Co. and Detay Basim alliance, please visit the two firms' Web site, http://www.detaygroup.com/html/bowne.html. Bowne & Co., Inc., established in 1775, is the global market leader in the field of empowering information by combining superior customer service with appropriate new technologies to manage, repurpose and distribute a client's information to any audience, through any medium, in any language, anywhere in the world. The world's largest financial printer, Bowne is also the leading provider of localization services to the software industry, and among the leading Internet development companies, providers of outsourcing services, legal software and digital print-on-demand solutions.

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