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RR Donnelley Awarded $100 Million Multi-Year Catalog Agreement by Cornerstone Brands

12/23/2008

Renews And Significantly Expands Relationship With New Volume

CHICAGO--(BUSINESS WIRE)--Dec. 24, 2008--R.R. Donnelley & Sons Company (NYSE: RRD) announced today that it has been awarded a multi-year $100 million agreement by Cornerstone Brands, an operating unit of HSN, Inc. (Nasdaq :HSNi), a leading interactive multi-channel retailer. Under the terms of the agreement, which renews and significantly expands RR Donnelley's relationship with Cornerstone, the company will provide catalog production and logistics services for Cornerstone's brands, which include Ballard Designs, Frontgate®, Garnet Hill, Improvements®, Smith+Noble, The Territory Ahead and TravelSmith®.

"RR Donnelley is the right choice to support our portfolio of strong multi-channel lifestyle brands," said Cornerstone's Paul Tarvin, Group President Home Brands. "Their financial strength, diverse manufacturing platform, and innovative capabilities - such as Variable Trim Binding to reduce postage costs - will deliver exceptional value to Cornerstone."

"We are very proud to have earned Cornerstone's confidence in this expanding relationship," stated John Paloian, RR Donnelley's Chief Operating Officer. "The unique Variable Trim Binding capability that we introduced this year maximizes the flexibility of the titles that can be co-mailed, as compared to prior systems which required common trim sizes. It is an ideal fit with Cornerstone's needs. We continue to engineer flexibility, value added capabilities and precise quality into our unmatched platform."

About RR Donnelley
RR Donnelley (NYSE: RRD) is the world’s premier full-service provider of print and related services, including business process outsourcing. Founded more than 144 years ago, the company provides products and solutions in commercial printing, direct mail, financial printing, print fulfillment, labels, forms, logistics, call centers, transactional print-and-mail, print management, online services, digital photography, color services, and content and database management to customers in the publishing, healthcare, advertising, retail, technology, financial services and many other industries. 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, and for RR Donnelley's Corporate Social Responsibility Report, visit the company's web site at www.rrdonnelley.com.

Use of Forward-Looking Statements This news release may contain "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in RR Donnelley's filings with the SEC. RR Donnelley disclaims any obligation to update or revise any forward-looking statements.

RR Donnelley Investor Contact:
Dan Leib
Senior Vice President, Treasurer
312.326.7710
dan.leib@rrd.com
RR Donnelley Media Contact:
Doug Fitzgerald
Executive Vice President
Communications
630.322.6830
doug.fitzgerald@rrd.com

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