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R.R. Donnelley Wins Contract for Yellow Book in the U.S., Extends UK Contract

Press release from the issuing company

Will Produce About 240 Titles a Year Through to 2007 for the U.S.'s Largest Independent Directory Publisher; About 94 Titles in the UK Annually CHICAGO and UNIONDALE, N.Y., Oct. 28 -- R.R. Donnelley has won a five-year contract with Yellow Book, part of the international directories business Yell Group, through 2007. Under the agreement, R.R. Donnelley will produce about 240 titles each year, totaling more than 30 million copies annually. In a separate agreement, R.R. Donnelley has won a three-year extension with Yell in the United Kingdom to print its Yellow Pages and Business Pages directories through July 2009. This contract involves production of about 94 titles a year, totaling more than 29 million copies annually throughout the UK. Yellow Book, which publishes and distributes directories in 38 states and Washington D.C., incorporates Yellow Book USA and McLeodUSA Media Group Inc. which was acquired by Yell earlier this year. The acquisition consolidated Yell's position as the largest independent yellow pages publisher in the United States. Yell is owned by a private equity consortium consisting of investment funds advised by Apax Partners and Hicks, Muse, Tate & Furst. "As the world's largest telephone directory printer, we have the capabilities to build on our existing relationship with Yell Group and serve as a key partner," stated Robert O'Neil, senior vice president, sales, R.R. Donnelley Print Solutions. John Satchwell, operations director of Yell Group said, "We have had a long and very successful business relationship with R.R. Donnelley in the UK for more than 20 years. This was consolidated in the U.S. following our purchase in 1999 of Yellow Book USA, which also had a long-standing relationship with the company." "R.R. Donnelley is very much a key and trusted partner of ours. We value their expertise, state-of-the-art technology and general business efficiency and look forward to continuing to work with them in the coming years," Satchwell added. O'Neil added, "We are proud of our relationship with Yellow Book and pleased that they chose to extend their partnership with us."