IPO Company Profile
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Master Graphics, Inc.
6075 Poplar Avenue, Suite 401, Memphis, TN 38119 * (901) 685-2020

The company provides general commercial printing services. The company has acquired nine general commercial printing companies since June of 1997.

Primary Underwriting Group
ManagerTierPhone
Morgan Keegan & Company, IncorporatedLead Manager (901) 529-5357

Offering Information
NASNTL:MAGR Manufacturing: SIC 2752
Type of Shares:Common Shares Filing Date:4/10/98
U.S. Shares:3,600,000 Offer Date:6/9/98
Non-U.S. Shares:0 Filing Range:$9.00 - $11.00
Primary Shares:3,400,000 Offer Price:$10.00
Secondary Shares:200,000 Gross Spread:$0.70
Offering Amount: $36,000,000 Selling:$0.40
Expenses:$900,000 Reallowance:$0.10
Post-IPO Shares:8,027,773
Employees:1100

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Baker, Donelson, Bearman & Caldwell
Bank's Law Firm: King & Spalding
Registrar/Transfer Agent: Union Planters National Bank
Auditor: KPMG Peat Marwick

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
12 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 12/31/97
Revenue:$153.97Assets:$137.29
Net Income:$0.78Curr Assets:$35.87
EPS:$0.10Liabilities:$98.90
Prior EPS:Curr Liab:$18.83
Cash Flow/Oper:Equity:$38.39
Cash Flow/Fin:Cash:$1.57
Cash Flow/Inv:Working Cap:$17.04

Use of Proceeds
The proceeds from the proposed offering will be used to repay debt and for general corporate purposes.

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