Vertis Amends Terms of Note Exchange Offer, Floats Chapter 11 Reorganization Plan

The refinancing will better position Vertis for long-term growth by giving it the financial flexibility to make additional investments and to continue aligning the business with evolving marketplace trends and clients’ needs.

Holders of Vertis’ Senior Pay-in-Kind Notes due 2014 and Senior Secured Second Lien Notes due 2012 are being offered the opportunity to exchange their existing debt for equity only (the “Exchange Offers”), as compared to previous offers of cash, new senior secured notes and equity.