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Quad/Graphics (QUAD) Declares Special Dividend of

QUAD, Quad/Graphics, Inc.

** QUAD reported that its board of directors approved an increase to its 2013 quarterly cash dividend by 20% to $0.30 per share from $0.25 per share. In addition, the board of directors also declared a special dividend of $2 per share.

The 2013 quarterly cash dividend of $0.30 per share is subject to board approval and begins with the first quarter of 2013.

The special dividend will be payable on December 28, 2012, to shareholders of record as of December 24, 2012.

QUAD is a global provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts/circulars, direct mail, books, directories, and commercial and specialty products, including in-store signage.

More about QUAD at www.qg.com

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