Champion Industries, Inc.

Standing Their Ground
October 1, 2008

1. The Defending Champions Midlothian, Texas-based Ennis has much to celebrate—perhaps most importantly its repeated procurement of the winning spot in Print Professional’s top 100 manufacturers list. The company attributes its success to product expansion and national branding efforts. Acquisitions, in particular, give the supplier prime positioning to accomplish such feats. Most recently, Trade Envelopes, Carol Stream, Ill., Phoenix-based B&D Litho of Arizona and Skyline Business Forms, Denver, have been added to the Ennis catalog. “Since the acquisition, we have expanded Trade Envelopes’ envelope conversion capabilities. We have also added envelope converting equipment in Calibrated [Forms], and coupled with our existing Block Graphics

Top Forms Manufacturers
October 1, 2007

1. Ennis Headquarters: Midlothian, Texas Forms Sales $(000): 233,885 Total Sales $(000): 584,713 2 PrintXcel, Headquarters: Montrose, Ala. Forms Sales $(000): 69,036 Total Sales $(000): 76,707 3 Printegra Headquarters: Peachtree City, Ga. Forms Sales $(000): 66,857 Total Sales $(000): 89,142 4 Wise Business Forms, Headquarters: Alpharetta, Ga. Forms Sales $(000): 63,480 Total Sales $(000): 69,000 5 PRINTSouth Headquarters: Atlanta Forms Sales $(000): 47,310 Total Sales $(000): 47,310 6 Wright Enterprises Holding Company

Top Direct Mail Manufacturers
October 1, 2007

1 International Business Systems Headquarters: King of Prussia, Pa. Direct Mail Sales $(000): 13,500 Total Sales $(000): 15,000 2 Champion Industries Headquarters: Huntington, W. Va. Direct Mail Sales $(000): 13,067 Total Sales $(000): 145,188 3 Design Distributors Headquarters: Deer Park, N.Y. Direct Mail Sales $(000): 10,500 Total Sales $(000): 15,000 4 B&W Press Headquarters: Georgetown, Mass. Direct Mail Sales $(000): 8,66 Total Sales $(000): 11,550 5 New Jersey Business Forms/InfoSeal Headquarters: Englewood, N.J Direct Mail Sales $(000):

How the Tough Get Going
October 1, 2007

1. Winner and Still Champion, Ennis Although not wishing to divulge specific acquisition targets at this time, the Ennis corporate team, headquartered in Midlothian, Texas, is continuing its strategy of acquiring companies that offer complimentary products to its existing line as, well as companies that offer products that could be sold through the existing distributor customer base. The strategy is obviously working, as the company again claims the top spot in Print Professional’s top 100 manufacturers ranking. And, while some in the industry fear the larger consolidators are creating pricing pressures that will ultimately commoditize products and services, Keith Walters, president and

Top Commercial Print Manufacturers
October 1, 2007

1 Ennis Headquarters: Midlothian, Texas Commercial Printing Sales $(000): 58,471 Total Sales $(000): 584,713 2 Champion Industries Headquarters: Huntington, W. Va. Commercial Printing Sales $(000): 43,556 Total Sales $(000): 145,188 3 B&D Litho Headquarters: Phoenix Commercial Printing Sales $(000): 14,333 Total Sales $(000): 43,433 4 Team Concept Printing & Thermography Headquarters: Carol Stream, Ill. Commercial Printing Sales $(000): 6,051 Total Sales $(000): 9,605 5 Lewis Color Headquarters: Statesboro, Ga. Commercial Printing Sales $(000): 5,625 Total

Champion to Acquire the Herald-Dispatch From Gatehouse Media
July 2, 2007

Headquartered in Huntington, W.Va., Champion Industries announced it has signed a definitive asset purchase agreement to acquire The Herald-Dispatch, also in Huntington, from GateHouse Media for a purchase price of $77 million. The transaction is expected to close during the Company’s fourth quarter, and is subject to regulatory approval and customary closing conditions. Champion intends to finance the acquisition with debt. The Herald-Dispatch has a total daily and Sunday circulation of approximately 28,000 and 33,000, respectively. “The Herald-Dispatch is a premier institution in West Virginia and the entire tri-state area. We believe this opportunity will generate numerous expansion and growth opportunities,” said Marshall T.

Top Forms Suppliers
October 1, 2006

Rank: 1 Company: Ennis, Midlothian, Texas Forms Sales $(000): 233,380 Total Sales $(000): 559,397 Rank: 2 Company: PrintXcel, Montrose, Ala. Forms Sales $(000): 84,976 Total Sales $(000): 84,976 Rank: 3 Company: Printegra, Peachtree City, Ga. Forms Sales $(000): 65,780 Total Sales $(000): 87,706 Rank: 4 Company: DSFI, Addison, Ill. Forms Sales $(000): 63,650 Total Sales $(000): 67,000 Rank: 5 Company: Wise Business Forms, Alpharetta, Ga. Forms Sales $(000): 63,000 Total Sales $(000): 70,000 Rank: 6 Company: Highland Computer Forms, Hillsboro, Ohio Forms Sales $(000): 43,712 Total Sales $(000): 43,712 Rank: 7 Company: Wright Business Graphics, Portland, Ore. Forms

Leaders of the Pack
October 1, 2006

Onward and Upward for Ennis From a small, rural company serving the cotton industry to a complete printed products manufacturer with 46 production facilities, Midlothian, Texas-based Ennis has been dedicated to serving the wholesale printing industry for 96 years. The company reported more than $559 million in sales for its last fiscal year. Although that figure represents a decrease from the previous year’s $582 million, Ennis still captured the top spot in BFL&S’ manufacturers ranking for the second year in a row. At the heart of the company’s success is a strategic plan based on growth through acquisitions that fit Ennis’ existing business

Top Label & Tag Suppliers
October 1, 2006

Rank: 1 Company: Discount Labels, New Albany, Ind. Labels & Tags Sales $(000): 76,269 Total Sales $(000): 76,269 Rank: 2 Company: Label Art, Wilton, N.H. Labels & Tags Sales $(000): 47,000 Total Sales $(000): 47,000 Rank: 3 Company: Diversified Labeling Solutions, Itasca, Ill. Labels & Tags Sales $(000): 39,200 Total Sales $(000): 39,200 Rank: 4 Company: Data Label, Terre Haute, Ind. Labels & Tags Sales $(000): 33,729 Total Sales $(000): 33,729 Rank: 5 Company: Gill Studios, Shawnee Mission, Kan. Labels & Tags Sales $(000): 31,350 Total Sales $(000): 47,500 Rank: 6 Company: Lancer Label, Omaha, Neb. Labels & Tags

Ennis Maintains Top Position
October 1, 2006

Rank: 1 Company: Ennis, Midlothian, Texas Sales $(000): 559,397 Principal Officer(s): Keith Walters, Chairman, CEO, President Employees: 6,200 Locations: 42 (*Does not include sales figures for Block Graphics, acquired 08/09/06.) Rank: 2 Company: Champion Industries, Huntington, W. Va. Sales $(000): 135,000 Principal Officer(s): Marshall T. Reynolds, CEO Employees: 768 Locations: 22 Rank: 3 Company: Western States Envelope & Label, Butler, Wis. Sales $(000): 111,000 Principal Officer(s): Mark S. Lemberger, President, CEO Employees: 733 Locations: 5 Rank: 4 Company: Printegra, Peachtree City, Ga. Sales $(000): 87,706 Principal Officer(s): Casey Campbell, President, CEO Employees: 822 Locations: 14 Rank: 5 Company: PrintXcel, Montrose,