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RR Donnelley Announces Early Tender Date Results of its Maximum Tender Offer for its 4.95% Notes Due May 15, 2010

09/02/2009

CHICAGO, Sep 02, 2009 (BUSINESS WIRE) -- R.R. Donnelley & Sons Company (NASDAQ:RRD) ("RR Donnelley" or the "Company") today announced the early tender date results of its offer to purchase (the "Maximum Tender Offer") up to $175 million in aggregate principal amount (the "Maximum Tender Amount") of its 4.95% Notes due May 15, 2010 (the "2010 Notes").

RR Donnelley received early tenders in respect of $171,496,000 aggregate principal amount of 2010 Notes as of 5:00 p.m., New York City time, on September 2, 2009. Holders who have not already tendered the 2010 Notes may continue to do so at any time at or prior to 11:59 p.m., New York City time, on September 16, 2009 (the "Maximum Tender Offer Expiration Date"), unless RR Donnelley extends or earlier terminates the Maximum Tender Offer. However, such holders will not be entitled to receive any early tender premium, except in the case of any 2010 Notes that were tendered prior to 5:00 p.m., New York City time, on September 2, 2009 and which are ultimately accepted for purchase. Withdrawal rights for the tender offers have expired.

The Maximum Tender Offer is being made pursuant to an Offer to Purchase dated August 19, 2009 (the "Offer to Purchase") and the related Letter of Transmittal dated August 19, 2009 (the "Letter of Transmittal"), which sets forth a complete description of the terms of the offers. Holders of 2010 Notes are urged to read the Offer to Purchase and the related Letter of Transmittal carefully before making any decision with respect to the Maximum Tender Offer. The Maximum Tender Offer is conditioned on the satisfaction of certain conditions set forth in the Offer to Purchase.

RR Donnelley has retained J.P. Morgan Securities Inc. and BofA Merrill Lynch to serve as dealer managers for the tender offers. Global Bondholder Services Corporation has been retained to serve as the depositary and information agent.

For additional information regarding the terms of the tender offers, please contact: J.P. Morgan Securities Inc. at (866) 834-4666 (toll free) or (212) 834-3506 (collect) and BofA Merrill Lynch at (888) 292-0070 (toll free) or (646) 855-3401 (collect). Requests for documents and questions regarding the tender of securities may be directed to Global Bondholder Services Corporation at (866) 540-1500 (toll free) or (212) 430-3774 (collect).

Copies of the Offer to Purchase and the Letter of Transmittal related to the tender offer may also be obtained at no charge from Global Bondholder Services Corporation.

Neither RR Donnelley, its board of directors, the information agent and depositary nor the dealer managers make any recommendation as to whether holders of the notes should tender or refrain from tendering the notes. Holders of the notes must decide how many notes to tender, if any.

This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell securities. The tender offer is being made solely by means of the Offer to Purchase and the related Letter of Transmittal, which are being distributed to holders of notes by RR Donnelley. The tender offer is not being made in any jurisdiction in which such offer, solicitation or acceptance of thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the laws require a tender offer to be made by a licensed broker or dealer, the tender offer will be deemed to be made on behalf of RR Donnelley by the dealer managers, or one or more registered brokers or dealers under the laws of such jurisdiction.

About RR Donnelley

RR Donnelley (NASDAQ: RRD) is a global provider of integrated communications. Founded more than 144 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.

For more information, and for RR Donnelley's Corporate Social Responsibility Report, visit the company's web site at http://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.

SOURCE: R.R. Donnelley & Sons Company

R.R. Donnelley & Sons Company
Media Contact:
Doug Fitzgerald, Executive Vice President Communications
Tel: 630-322-6830
E-mail: doug.fitzgerald@rrd.com
or
Investor Contact:
Dave Gardella, Vice President Investor Relations
Tel: 312-326-8155
E-mail: david.a.gardella@rrd.com

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