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RR Donnelley's Exposure to Lehman Brothers Holdings Inc. Bankruptcy is Less Than $1.0 Million

09/16/2008

CHICAGO--(BUSINESS WIRE)--September 17, 2008--R.R. Donnelley & Sons Company (NYSE: RRD) announced today that its exposure to the Lehman Brothers Holdings Inc. bankruptcy filing is less than $1.0 million, substantially all related to trade accounts receivable. RR Donnelley does not have any direct financial transaction exposure with Lehman Brothers, nor is Lehman Brothers a part of the Company's $2.0 billion committed revolving credit facility. A filing by the United States Bankruptcy Court in the Southern District of New York on September 17, 2008 announced the appointment of RR Donnelley as a member of the Unsecured Creditors Committee. RR Donnelley has resigned from the Committee.

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, 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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