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Flint Ink Announces Leadership Changes

Press release from the issuing company

ANN ARBOR, MI (25 January,2005) – Flint Ink Corporation has announced several changes in its top leadership, effective January 1. H. Howard Flint, II, has assumed the position of non-executive chairman of the board of directors for the company, which is the largest privately-owned ink manufacturer in the world. He had served as both chairman and chief executive officer since 1992. Dave Frescoln, president of the organization since 1992, has been elected vice chairman and chief executive officer of the global company, while Chief Operating Officer Linda Welty has been named to the added role of president. David B. Flint will continue in his position of executive vice president of the family-owned company. “These changes will ensure a smooth transition at the very top of our organization,” said Howard Flint. “I will continue to have an active role in setting the direction of the company, and will support the new leadership team in whatever way I can as they take on the challenges of a changing industry.” Founded in Detroit in 1920 by Mr. Flint’s grandfather, Flint Ink is headquartered in Ann Arbor, Michigan. The company manufactures ink used in printing newspapers, magazines, books, packaging, and thousands of other printed products. The company has 4,400 employees and operates in more than 100 locations worldwide. Sales in 2004 topped US$1.47 billion.