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Consolidated Graphics Completes Cleveland Transaction

Press release from the issuing company

HOUSTON--July 17, 2003-- Consolidated Graphics, Inc. announced today that it completed its previously announced merger of its existing operations in Cleveland with Solon, Ohio-based Custom Graphics, Inc. to form AGS Custom Graphics, Inc. The new company will offer a full range of sheet-fed printing, fulfillment and e-commerce capabilities to customers in Cleveland and surrounding areas in Ohio. "The full service capabilities that AGS Custom Graphics will now offer its customers, including the e-commerce capabilities of CGXmedia, will enable it to meet any customer's needs and make it the premier commercial printing company in the Cleveland market," commented Joe R. Davis, Chairman and Chief Executive Officer. Stan Ritter, President of AGS Custom Graphics and the head of Consolidated Graphics' Cleveland operations, also commented on the transaction, stating, "This partnership will result in an outstanding combination of talents and capabilities. We are very pleased to welcome the Custom Graphics team to our organization and look forward to working with them to solidify Consolidated Graphics' leadership position."