Donnelley Financial Forms Two New Strategic Alliances Strengthening Customized Communications Capabilities.

NEW YORK--(BUSINESS WIRE)--May 19, 1999--

Strategic Alliance Will Enhance Delivery

of Direct Marketing Services

R.R. Donnelley Financial announced today it has formed two strategic alliances to enhance its ability to deliver customized communications materials for clients using both the Internet and regular postal channels.

Donnelley Financial has formed an alliance with Experian, a global information solutions company based in Orange, CA, to provide integrated marketing services for investment and mutual fund companies seeking to attract new assets and investors.

The company also entered into a strategic partnership with PostX Corporation of Menlo Park, CA, to use its PostX Express e-mail delivery service for first class business e-mail.

"The Donnelley Financial business development strategy is founded on a platform of providing superior customer service, which entails anticipating and responding to our customers' ever-changing needs," said John A. Greco, Jr., Senior Vice President of Marketing and Technology. "Our relationships with Experian and PostX put us in a position to provide access to state-of-the-art technologies enabling our customers to build closer relationships with their customers."

The agreement with Experian builds upon a long standing alliance begun by Donnelley Financial's parent corporation, RR Donnelley & Sons Company, the world's largest printer and leader in print technology. Experian maintains the world's largest and broadest consumer database of 140 million people in 95 million households. The agreement gives Donnelley Financial's mutual fund and investment company customers access to a complete range of direct marketing solutions, including database system development and maintenance, list processing, printing and distribution.

Linking Donnelley Financial's digital print engines with Esperian's expertise in database system management, list selection and response tracking creates a platform that allows Donnelley clients to target customers and prospects based on specific needs and preferences and deliver personalized communications.

The PostX Express delivery service is based on the firm's innovative PostX Envelope System, which enables businesses to create interactive Java-based password-protected containers to deliver personalized information over existing e-mail.

A PostX Envelope is a secure electronic envelope that looks exactly like its paper counterpart, including a stamp, return address, date/time stamp and optional branding elements such as logos and graphics. It can be used to deliver a variety of electronic documents directly to customers' inboxes, offering privacy previously unavailable in e-mail.

With offices in forty countries, including 38 in the United States, Donnelley Financial is the around-the-world and around-the-clock provider of financial printing, data and content management and distribution services to the capital market, investment company and healthcare communities. From electronic filings on EDGAR to secure, interactive web-based document proofing on SENDD(tm), from integrated communications solutions to Plain English expertise, Donnelley Financial is at the forefront of multiple-media document creation and distribution. A staff dedicated to service and client satisfaction delivers Donnelley's capabilities and expertise.

Donnelley Financial is a business unit of R.R. Donnelley & Sons Company (NYSE:DNY), number one in Fortune's Publishing and Printing class. For more information on Donnelley Financial, please visit our website at www.rrd.com.

Experian, www.experian.com, is a global information solutions company, which specializes in helping organizations to make more informed business decisions. The company is one of the world's leading suppliers of information on consumers, businesses, motor vehicles and property. By combining its databases with advanced technology and consultancy services, Experian assists its clients in targeting and acquiring new customers, building successful customer relationships and managing financial risk. The company employs 11,000 people in the UK, USA, Continental Europe, Africa, Latin America and Asia Pacific. Annual sales are in excess of $1.5 billion. The company's headquarters are in Nottingham, UK, and Orange, California. Experian is a subsidiary of The Great Universal Stores P.L.C., a UK-based holding company that includes home shopping, retailing, property investment, finance and information services.

PostX Corporation is a privately held Silicon Valley-based company providing secure, guaranteed e-mail delivery systems to the financial services industry. The PostX Envelope System(tm)combines the security and high-volume capacity of paper-based mail with the immediacy, convenience and cost savings of Internet e-mail. PostX services and solutions enable banks, brokerages, and investment firms to deliver critical and confidential information, such as trade confirmations, portfolio summaries, and billing information, directly to their customers' desktop. For more information, visit the PostX web site at www.postx.com or call 408-864-4010.