ENGLEWOOD, Colo., June 29 Mail-Well, Inc. announced today that Paul V. Reilly, its President and CEO, has been elected as the company's Chairman of the Board. W. Thomas Stephens, who has served as Chairman on an interim basis since February, will remain as Director. "We have completed both the business assessment and organizational changes that the Mail-Well board of directors started early this year, and it's time to pass the baton to Paul,'' Mr. Stephens said. "The management team will now focus on the implementation of the new business plan and I'm confident that they will deliver the results.'' Mr. Reilly joined Mail-Well as its Chief Financial Officer in 1995. He has served as the company's President since January 1998 and its CEO since January of this year, and will continue in those capacities. Mr. Reilly has served as a director of the company since January 1998. Mail-Well specializes in four growing multibillion-dollar market segments in the highly fragmented printing industry: commercial printing, envelopes, labels and printed office products. Mail-Well currently has approximately 15,000 employees and more than 140 printing facilities and numerous sales offices throughout North America and the United Kingdom. Mail-Well reported sales of $2.4 billion in 2000. The company is headquartered in Englewood, Colo.