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ANACOMP, INC. ANNOUNCES STRATEGIC PARTNERSHIP WITH SUNKYONG GROUP

 ANACOMP, INC. ANNOUNCES STRATEGIC PARTNERSHIP WITH SUNKYONG GROUP
 ATLANTA, March 11 /PRNewswire/ -- Anacomp, Inc. (NYSE: AAC) today announced that it has formed a strategic partnership with SKC Limited and SKC America, Inc., member companies of the Sunkyong Group, a worldwide $13 billion Korean general trading company and manufacturer of petroleum-based products.
 Anacomp Chairman and Chief Executive Officer Louis P. Ferrero said the partnership will expand Anacomp's microfilm manufacturing resources to three continents and opens the door to a wide range of technological, marketing and product exchanges, including those in the optical and magnetic media areas. Ferrero indicated that such exchanges, facilitated by Anacomp's worldwide distribution network, are expected to begin immediately.
 Through the combination of favorable trade payment terms, reduced inventory costs and reduced needs for expenditures on manufacturing plant and equipment, the arrangement with SKC will generate over the next 24 months approximately $30 million in decreased operating cash requirements which will be applied directly to the accelerated repayment of Anacomp's senior long-term debt.
 As part of the agreement, SKC Limited, which produces polyester films and magnetic storage media, and SKC America, which markets Sunkyong Group products in the U.S., will be major Anacomp suppliers of microfilm base polyester, magnetic base polyester and coated microfilm over a 10-year period.
 "Our partnership with the Sunkyong Group reinforces our leading role in microfilm manufacturing," commented Ferrero. "This arrangement extends Anacomp's North American and European manufacturing resources to Asia and helps ensure the superiority of our duplicate microfilm products.
 "The $30 million reduction in operating cash requirements will be applied directly to the accelerated repayment of our long-term debt," Ferrero noted. "We remain significantly ahead of our repayment schedule and this arrangement ensures that we will exceed our debt requirements.
 "The Sunkyong Group's technological leadership complements Anacomp's worldwide distribution network and our long-term plan to meet our customers' information storage and retrieval needs into the twenty-first century," Ferrero concluded.
 Anacomp, Inc. is the world's leading micrographics company, serving 15,000 customers in more than 40 countries.
 -0- 3/11/92
 /CONTACT: Dennis Lindsey, vice president-Communications of Anacomp, 404-262-2667, or Susan Sherman of Cameron Associates, 212-644-9560, for Anacomp/
 (AAC) CO: Anacomp, Inc.; SKC Limited; SKC America, Inc.; Sunkyong Group ST: Georgia IN: CPR SU:


BR-BN -- AT001 -- 7168 03/11/92 08:25 EST
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Date:Mar 11, 1992
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