Quad/Graphics-Worldcolor Deal Clears U.S., Canadian Antitrust Process

SUSSEX, WI/MONTREAL—March 30, 2010—Quad/Graphics, Inc. (“Quad/Graphics”) and World Color Press Inc. (“Worldcolor”) jointly announced today they have cleared antitrust regulatory requirements in the United States and Canada in relation to their proposed business combination.

The U.S. Hart-Scott-Rodino Antitrust Improvements Act (“HSR Act”), and the rules and regulations thereunder, provide that certain transactions may not be consummated until required information and materials have been furnished to the regulatory authorities and certain waiting periods have expired or been terminated. Quad/Graphics and Worldcolor filed their respective Pre-Merger (Arrangement) Notification and Report Forms with the U.S. Federal Trade Commission and the U.S. Department of Justice under the HSR Act effective as of February 26, 2010. On March 29, 2010, the waiting period expired.