RR Donnelley Lauds Congressional Leaders on Taking Action to Keep US Postal Rates Low for Commercial Customers

Mark A. Angelson, Chief Executive Officer of R.R. Donnelley & Sons Company (NYSE:RRD) today lauded congressional leaders for bipartisan passage out of the U.S. House Committee on Government Reform of congressional legislation that would reform the U.S. Postal Service (USPS) and ensure steady and more predictable postal rates. Postal reform legislation is expected to be introduced in the Senate shortly.
"Chairman Tom Davis, John McHugh, and Ranking Members Henry Waxman and especially Danny Davis deserve substantial credit for passing postal reform legislation through the House Committee," said Mr. Angelson. "Legislation that keeps postal rates steady and predictable is vital to every RR Donnelley customer. Every single day, our employees and our customers see, feel and experience the economic consequences of a postal service in need of reform."
"Unanimous passage of postal legislation through this key House Committee is a milestone in our company's efforts to enact postal reform on behalf of our customers," said Lucie Naphin, RR Donnelley Vice President, Government Relations. "While this is only an initial step, we are working hard to translate this momentum into passage of a final bill by Congress this year."
Noting that RR Donnelley puts more than 20 billion pieces of mail into the postal system on behalf of its customers each year, Mr. Angelson testified before Congress in March, focusing his testimony on four key areas where RR Donnelley believes there is significant room for improvement. These areas are: enhanced worksharing opportunities; stable and predictable rate setting; optimization of the postal network; and resolution of the Civil Service Retirement Issues.
About RR Donnelley
RR Donnelley (NYSE:RRD) is the world's premier full-service global print provider and the largest printing company in North America, serving customers in the publishing, healthcare, advertising, retail, technology, financial services, and many other industries. Founded 140 years ago, the company provides solutions in commercial printing, forms and labels, direct mail, financial printing, print fulfillment, business communication outsourcing, logistics, online services, digital photography, and content and database management. The largest companies in the world and others rely on RR Donnelley's scale, scope and insight through a comprehensive range of online tools, variable printing services, and market-specific solutions. For more information, visit the company's web site at www.rrdonnelley.com.
Use of Forward-Looking Statements
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Factors relating to the integration of the combination with Moore Wallace that could cause material differences in the expected results of RR Donnelley include, without limitation, the following: the development and execution of comprehensive plans for asset rationalization, the ability to eliminate duplicative overhead without excessive cost or adversely affecting the business, the potential loss of customers and employees as a result of the transaction, the ability to achieve procurement savings by leveraging total spending across the organization, the success of the organization in leveraging its comprehensive product offering to the combined customer base as well as the ability of the organization to complete the integration without losing focus on the business. In addition, the ability of the combined company to achieve the expected revenues, accretion and synergy savings will also be affected by the effects of competition (in particular the response to the transaction in the marketplace), the effects of paper and other raw materials and fuel price fluctuations and shortages of supply, the rate of migration from paper-based forms to digital formats, the impact of currency fluctuations in the countries in which RR Donnelley operates, general economic and other factors beyond the combined company's control, and other risks and uncertainties described in RR Donnelley's periodic filings with the SEC.