Printing Impressions 400 -- 1-50

(Editor's Note: Company rankings for the current and previous years are based on figures reported in 2003. Therefore, companies that revised their 2002 revenues may have changed their 2002 ranking as compared with the ranking that appeared in last year's Printing Impressions 400. Similarly, the percentage change in sales is calculated on the most recent information provided.)

1 ('02: 1)

Quebecor World, Montréal, Canada

Total Sales (Millions): $6,242.00

Previous Year's Sales (Millions): $6,300.00

Change (%): -1

Principal Officer: Jean Neveu

Employees: 38,000

Primary Specialties: PUB 26%; ADV 23%; CAT 16%; BKS 12%

Web Offset Press Units: 3,156

Sheetfed Press Units: 985

Other Press Units: 808

Ownership: Public

Plants: 160

2 ('02: 2)

RR Donnelley, Chicago, IL

Total Sales (Millions): $4,754.94

Previous Year's Sales (Millions): $5,298.00

Change (%): -10

Principal Officer: William L. Davis

Employees: 30,000

Primary Specialties: PUB 22%; CAT 21%; BKS 17%; DIR 16%

Web Offset Press Units:

Sheetfed Press Units: N/A

Other Press Units:

Ownership: Public

Plants: 45

*Will merge with Moore Wallace Q1 2004.

3 ('02: -)

Moore Wallace, Stamford, CT

Total Sales (Millions): $3,400.00

Previous Year's Sales (Millions): $2,000.00

Change (%): +70

Principal Officer: Mark A. Angelson

Employees: 17,500

Primary Specialties: 37% commercial print, 10% outsourced customer communications)

Web Offset Press Units:

Sheetfed Press Units: N/A

Other Press Units:

Ownership: Public

Plants: N/A

*Will merge with RR Donnelley Q1 2004.

4 ('02: 6)

Quad/Graphics, Sussex, WI

Total Sales (Millions): $1,800.00

Previous Year's Sales (Millions): $1,800.00

Change (%): -

Principal Officer: Thomas A. Quadracci

Employees: 12,000

Primary Specialties: CAT 53%; PUB 36%; SPEC 11%

Web Offset Press Units: 858

Sheetfed Press Units: 16

Other Press Units: 210

Ownership: Private

Plants: 38

5 ('02: 5)

Vertis Inc., Baltimore, MD

Total Sales (Millions): $1,675.00

Previous Year's Sales (Millions): $1,851.00

Change (%): -10

Principal Officer: Donald E. Roland