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RR Donnelley Prices $400 Million Debt Offering

June 16, 2010
CHICAGO—June 16, 2010—R.R. Donnelley & Sons Co. (NASDAQ:RRD) today announced that it has priced an offering of $400 million aggregate principal amount of 7.625% Notes due June 15, 2020. The offering is expected to close on Monday, June 21, 2010, subject to customary closing conditions.

RRD intends to use a portion of the net proceeds from the offering to repay borrowings outstanding under its revolving credit facility that were drawn on May 13, 2010. The borrowings on the revolving credit facility, together with cash on hand, were used to repay $325.7 million of the Company’s 4.95% senior notes due May 15, 2010. The remaining net proceeds of this offering will be used for general corporate purposes.

The notes are being offered pursuant to the company’s existing shelf registration statement, which became automatically effective upon filing with the Securities and Exchange Commission. A preliminary prospectus supplement and accompanying prospectus describing the terms of the offering have been filed with the Securities and Exchange Commission. Banc of America Securities LLC, Citigroup Global Markets Inc., J.P. Morgan Securities Inc. and UBS Securities LLC were the joint book-runners for the offering.

This release shall not constitute an offer to sell nor a solicitation of an offer to buy these securities in any jurisdiction in which such an offer or solicitation, or the sale of these securities, would be unlawful without registration or qualification under the securities laws of such jurisdiction.

About RR Donnelley
RR Donnelley (NASDAQ: RRD) is a global provider of integrated communications. Founded more than 145 years ago, the company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that reduce costs, enhance ROI and ensure compliance. Drawing on a range of proprietary and commercially available digital and conventional technologies deployed across four continents, the company employs a suite of leading Internet based capabilities and other resources to provide premedia, printing, logistics and business process outsourcing services to leading clients in virtually every private and public sector.
 

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