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Wallace Announces Quarterly Dividend, 185th Consecutive Quarterly Payment

Press release from the issuing company

LISLE, Ill. June 4, 2001--The Board of Directors of Wallace (NYSE:WCS - news) today announced the company's regular quarterly dividend of 16.5 cents per share, payable on September 20, 2001 to shareholders of record as of September 3, 2001. This dividend represents the 185th consecutive quarterly payment by the company. Wallace (http://www.wallace.com/) is recognized as the leading provider of print management services to Fortune 2000 companies through its Total Print Management (TPM) program. The TPM program streamlines the processes associated with traditional, digital and electronic print items and typically generates significant cost savings. With nationwide resources across a wide range of traditional and digital capabilities, Wallace can be a large organization's single print management source. The company's print management services include e-commerce, distribution logistics, digital asset management, inventory management, and print optimization. Wallace is headquartered in Lisle, Illinois with manufacturing, distribution and sales facilities throughout the United States.