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Courier Selected by Forbes for The 200 Best Small Companies in America List

Press release from the issuing company

NORTH CHELMSFORD, Mass.--Oct. 24, 2002--Courier Corporation, one of America's leading book manufacturers and specialty publishers, today announced that for the third consecutive year, the Company was selected by Forbes Magazine as one of "The Best 200 Small Companies in America." Courier was ranked 107th this year, up from previous rankings of 171st and 185th in 2001 and 2000, respectively. The Forbes 200 rankings are determined by weighing a combination of return on equity, sales and earnings per share growth - each measured during the past five years and most recent four quarters. Courier made the grade with a five-year average return on equity of 16%, earnings growth of 34% and sales growth of 10%. "We're pleased to be recognized by Forbes as one of the 200 best small companies in America," said James F. Conway III, Chairman, President and CEO of Courier. "It is gratifying to have made the list three years in a row and we are especially proud to have improved our rank again this year. It is a testament to the care and attention we provide our customers and the discipline and commitment of all our employees." The complete list of the Forbes 200 Best Small Companies in America can be found at www.forbes.com/200best and in the October 28 issue of Forbes Magazine.