Quad/Graphics Reports a Small Net Sales Decline

SUSSEX, WI—August 9, 2011—Quad/Graphics Inc. reported results for its second quarter ending June 30, 2011, and announced a quarterly cash dividend.

Summary:

• Second quarter 2011 net sales were $1.07 billion and adjusted EBITDA was $126.7 million vs. net sales of $1.075 billion and adjusted EBITDA of $148.3 million in the same period of 2010.