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RR Donnelley Awarded $60 Million Multi-Year BOOKSPAN Contract Extensions

Press release from the issuing company

CHICAGO, Feb. 15 -- R.R. Donnelley & Sons Company has been awarded multi-year contract extensions by BOOKSPAN, the premier direct marketer of general interest and specialty book clubs. With more than 8 million members, its book clubs include Book-Of-The-Month- Club, The Literary Guild, Quality Paperback Book Club, Doubleday Book Club and more than 40 others. BOOKSPAN's partnership interests are held by Doubleday Direct, Inc., a subsidiary of Bertelsmann Inc. and Book-of-the-Month Club Holdings LLC, a subsidiary of Time Inc. These contracts, having a projected term value in excess of $60 million, will utilize RR Donnelley's entire North American book manufacturing platform, and extend a mutually beneficial relationship that has been in place with BOOKSPAN predecessor companies for more than 40 years. Markus Wilhelm, BOOKSPAN's President and Chief Executive Officer, stated, "RR Donnelley remains a trusted partner whose breadth of manufacturing capabilities is well-suited to effectively support the diverse product and service needs of our many book clubs. RR Donnelley's proven track record of providing BOOKSPAN with high quality production services and timely delivery on millions of books is important in meeting the expectations of our customers. We are pleased to be extending the term of our relationship." John Paloian, RR Donnelley Group President, Publishing & Retail Services, commented, "We are always delighted when a long-standing customer such as BOOKSPAN elects to extend their relationship with us. We remain committed to maintaining our customer-centric focus throughout our entire organization, as we join our customers in maximizing the effectiveness of their printed products."

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