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Donnelley Financial Renews Commitment to NYC Financial Community

Press release from the issuing company

NEW YORK, December 11, 2001 - R.R. Donnelley Financial is strengthening its presence in New York City. The company has opened a new midtown service center at 520 Madison Avenue, expanded client facilities at its 99 Park Avenue office and made a commitment to return to its service center and printing plant in Lower Manhattan at 75 Park Place. This expansion reflects New York's need for the services R.R. Donnelley Financial provides its clients in capital markets, diversified financial services and customized communications solutions. "We believe in New York and we're putting facilities where our heart is to show our commitment to our clients and to the New York City financial community," said Paul Masterton, president of R.R. Donnelley Financial. "We need to be close to our clients, and that means having convenient locations in both midtown and downtown Manhattan." The New Midtown Service Center R.R. Donnelley Financial's newest service center at 520 Madison Avenue -- at 53rd Street in one of New York's premier buildings -- has opened in a location convenient to the securities law firms, investment bankers and corporations that have offices in midtown. Because clients work long, demanding hours, often across multiple time zones around the world, the service center features these comforts: * 11 spacious and state-of-the-art conference rooms with built-in T-1 connectivity, conference call capabilities and DVD, VCR and cable access. * Onsite customer service and composition. * Private phone booths and a relaxing client lounge as well as shower accommodations. * 24-hour hospitality services. The main telephone number for the R.R. Donnelley Financial service center at 520 Madison Avenue is 212-207-9700. An Expanded 99 Park Avenue Service Center R.R. Donnelley Financial's 99 Park Avenue service center -- situated between 39th and 40th Streets in close proximity to both the Grand Central Terminal and Penn Station transportation hubs -- has been expanded to provide additional conference room facilities to meet continuing client demand. This service center was quickly established as a 24/7, full-service client center when R.R. Donnelley Financial's building in Lower Manhattan was damaged during the September 11 terrorist attacks. The main telephone number for the R.R. Donnelley Financial service center at 99 Park Avenue is 212-490-9500. A Return to 75 Park Place Located two blocks north of the World Trade Center, the R.R. Donnelley Financial service center and printing facility at 75 Park Place has been closed since workers were forced to evacuate the building during the September 11 attacks. The building also serves as R.R. Donnelley Financial's headquarters. R.R. Donnelley Financial's commitment to reoccupying its 75 Park Place facility is expected to be realized early in 2002, with a gradual return of its employees and client services to that location. "The reopening of the company's printing facility at 75 Park Place, which offers the only financial printing capacity in Manhattan, is vitally important to our clients' requirements," said Masterton. "As the world's financial capital, New York demands local, quick turnaround and delivery of its financial documents."

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