Quad/Graphics, Worldcolor shareholders approve proposed acquisition by Quad/Graphics

SUSSEX, Wisconsin, and MONTREAL , June 25, 2010 (press release) – Quad/Graphics, Inc. ("Quad/Graphics") and World Color Press Inc. ("Worldcolor") (TSX:WC - News)(TSX:WC.U - News) are pleased to announce that their respective shareholders have approved the previously-announced plan of arrangement, pursuant to which Quad/Graphics, Inc. will acquire Worldcolor. The approval of Quad/Graphics shareholders was obtained on June 24, 2010, while earlier today, at the special meeting of Worldcolor shareholders held in Toronto, Ontario, approximately 91.78% of the votes cast were voted in favor of the special resolution authorizing the arrangement.

The arrangement remains subject to the approval of the Quebec Superior Court (Commercial Division) and other customary closing conditions. A hearing in respect of the final order approving the arrangement is scheduled to take place on June 28, 2010. If the final order is granted and all other conditions to the completion of the transaction are satisfied or waived, it is expected that the arrangement will be completed on July 2, 2010.

Quad/Graphics has been cleared to apply to list its class A common stock on the New York Stock Exchange ("NYSE") under the stock symbol QUAD. Quad/Graphics anticipates the shares will begin trading on the NYSE on July 6 or July 7, 2010, at which time the company will usher in a new era as a publicly traded company. It is expected that Quad/Graphics Chairman, President & CEO Joel Quadracci will ring The Opening BellSM on July 7, 2010.

About Quad/Graphics

Quad/Graphics (http://www.QG.com) is a leading printer of catalogs, magazines and other commercial products. Headquartered in Sussex, Wisconsin (26 miles west of Milwaukee) and with 11 plants in the United States and several overseas, the company provides services ranging from front-end design and photography through digital imaging, printing, finishing, mailing/distribution and data-driven marketing solutions such as data optimization and analytics.

About Worldcolor

Worldcolor is an industry leader in providing high-value and comprehensive print, digital and related services to retailers, catalogers, publishers, branded-goods companies and other businesses worldwide. Founded in 1903, Worldcolor's products include advertising inserts and circulars, catalogs, direct mail products, magazines, books, directories, digital premedia, logistics and mail list technologies. During its century-long existence, Worldcolor has had a rich tradition of leadership and excellence. Its employees are focused on helping customers meet their needs from facilities located in the United States, Canada, Argentina, Brazil, Chile, Colombia, Mexico and Peru. More information about Worldcolor can be found on its website at http://www.worldcolor.com.

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