FORM 10-Q

               SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D. C. 20549

           QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
             OF THE SECURITIES EXCHANGE ACT OF 1934


For Quarter Ended          NOVEMBER 30, 2002
                 ------------------------------------------------

Commission File Number          1-5807
                      -------------------------------------------

                     ENNIS BUSINESS FORMS, INC.
-----------------------------------------------------------------
     (Exact name of registrant as specified in its charter)

                  TEXAS                        75-0256410
-----------------------------------------------------------------
     (State or other Jurisdiction of       (I. R. S. Employer
      Incorporation or organization)       Identification No.)

   1510 N. Hampton, Suite 300, DeSoto, TX            75115
-----------------------------------------------------------------
  (Address of principal executive offices)         (Zip Code)

                           (972) 228-7801
-----------------------------------------------------------------
       (Registrant's telephone number, including area code)

                              No Change
-----------------------------------------------------------------
      (Former name, former address and former fiscal year,
               if changed since last report.)


Indicate  by check mark whether the registrant (1) has filed  all
reports  required  to be filed by Section  13  or  15(d)  of  the
Securities  Exchange Act of 1934 during the preceding  12  months
(or  for such shorter period that the registrant was required  to
file  such  reports),  and (2) has been subject  to  such  filing
requirements for the past 90 days.

                                               Yes  X    No
                                                  -----    -----
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.


           Class                Outstanding at November 30, 2002
----------------------------    ---------------------------------
Common stock, par value                   16,278,938
    $2.50 per share

        <PAGE>
                   ENNIS BUSINESS FORMS, INC.

                              INDEX


      Part I.   Financial information - unaudited

         Item 1 - Financial Statements
            Condensed Consolidated Balance Sheets --
              November 30, 2002 and February 28, 2002   2 - 3

            Condensed Consolidated Statements of
              Earnings -- Three and Nine Months Ended
              November 30, 2002 and 2001                  4

            Condensed Consolidated Statements of Cash
              Flows -- Nine Months Ended November 30,
              2002 and 2001                               5

            Notes to Condensed Consolidated Financial   6 - 9
              Statements

         Item 2 - Management's Discussion and
            Analysis of Financial Condition and
              Results of Operations                    10 - 13

         Item 3 - Quantitative and Qualitative
            Disclosures of Market Risk                    13

         Item 4 - Controls and Procedures                 14

      Part II. Other Information                          15

      Signatures                                          16

<PAGE>


                 PART I.  FINANCIAL INFORMATION

                   ENNIS BUSINESS FORMS, INC.
              CONDENSED CONSOLIDATED BALANCE SHEETS
                     (Dollars in Thousands)


                                          November 30,  February 28,
                                              2002          2002
                                              ----          ----
                                          (unaudited)
                         Assets
                         ------

Current assets:
    Cash and cash equivalents                $ 21,510       $ 16,180
    Investment securities                          --          1,802
    Accounts receivable, net                   33,495         28,713
    Prepaid expenses                            2,979            814
    Inventories                                13,196         12,222
    Contract costs in excess of billings          532            256
    Other current assets                        2,443          2,659
                                              -------        -------
               Total current assets            74,155         62,646
                                              -------        -------

Property, plant and equipment, net             52,855         51,343

Goodwill, net                                  34,405         21,951

Other assets                                    2,554          3,094
                                              -------        -------

                                             $163,969       $139,034
                                              =======        =======













                                                      (Continued)



                                2
<PAGE>
                   ENNIS BUSINESS FORMS, INC.
        CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)
                     (Dollars in Thousands)


                                        November 30, February 28,
                                            2002         2002
                                            ----         ----
                                         (unaudited)
 Liabilities and Shareholders' Equity
 ------------------------------------

Current liabilities:
    Accounts payable                    $  7,624     $  5,568
    Accrued expenses:
        Employee compensation and
          benefits                         7,428        4,770
        Taxes other than income            1,999          970
        Other                              2,769        3,623
    Current installments of long-term
      debt                                24,964        9,035
                                         -------      -------
             Total current liabilities    44,784       23,966
                                         -------      -------

Long-term debt, less current
  installments                             7,986        9,170

Deferred credits, principally income
  taxes                                   11,600        9,863

Shareholders' equity:
    Preferred stock, at par value             --           --
    Common stock, at par value            53,125       53,125
    Additional paid in capital               961        1,040
    Retained earnings                    135,916      132,694
    Accumulated other comprehensive
      loss                                  (162)        (401)
                                         -------      -------
                                         189,840      186,458

    Treasury stock                       (90,241)     (90,423)
                                         -------      -------

             Total shareholders'
               equity                     99,599       96,035
                                         -------      -------

                                        $163,969     $139,034
                                         =======      =======

See accompanying notes to condensed consolidated financial
statements.


                                3
<PAGE>
                   ENNIS BUSINESS FORMS, INC.

          CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
         (Dollars in Thousands Except Per Share Amounts)
                           (Unaudited)

<TABLE>
<CAPTION>                    Three Months Ended    Nine Months Ended
                                November 30,          November 30,
                               2002       2001       2002      2001
                               ----       ----       ----      ----
<S>                          <C>        <C>       <C>        <C>
Net sales                    $59,151    $59,458   $173,540   $177,976

Costs and expenses:
   Cost of sales              43,560     42,759    127,349    128,230
   Selling, general and
     administrative expenses   9,331     10,064     27,805     29,952
                              ------     ------    -------    -------

                              52,891     52,823    155,154    158,182
                              ------     ------    -------    -------

Earnings from operations       6,260      6,635     18,386     19,794
                              ------     ------    -------    -------

Other income (expense):
   Interest expense             (299)      (422)      (937)    (1,577)
   Investment and other
     income                      (34)        41        (43)       349
                              ------     ------    -------    -------

                                (333)      (381)      (980)    (1,228)
                              ------     ------    -------    -------

Earnings before income taxes   5,927      6,254     17,406     18,566

Provision for income taxes     2,252      2,384      6,614      7,241
                              ------     ------    -------    -------

Net earnings                 $ 3,675    $ 3,870   $ 10,792   $ 11,325
                              ======     ======    =======    =======

Weighted average number of
  common shares
  outstanding - Basic     16,282,938 16,272,984 16,278,938 16,271,876
    Plus incremental
      shares from assumed
      exercise of stock
      options                217,244     36,583    217,244     36,583
                           ---------  ---------  --------- ----------

Weighted average number of
  common shares
  outstanding - Diluted   16,500,182 16,309,567 16,496,182 16,308,459
                          ========== ========== ========== ==========

Per share amounts:
   Net earnings - basic         $.23       $.24       $.66       $.70
                                ====       ====       ====       ====
   Net earnings - diluted       $.22       $.24       $.65       $.69
                                ====       ====       ====       ====
   Cash dividends per share    $.155      $.155      $.465      $.465
                               =====      =====      =====      =====
</TABLE>

See accompanying notes to condensed consolidated financial
statements.

                                4
<PAGE>
                   ENNIS BUSINESS FORMS, INC.

         CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                     (Dollars in Thousands)
                           (Unaudited)
                                                 Nine Months Ended
                                                   November 30,
                                                  2002       2001
                                                  ----       ----
Cash flows from operating activities:
   Net earnings                                 $10,792    $11,325
   Adjustments to reconcile net earnings to
       net cash provided by operating
       activities:
         Depreciation                             6,929      6,504
         Amortization                                --      1,215
         Gain on sale of property, plant, and       (53)       (23)
         equipment
         Changes in operating assets and
         liabilities:
            Receivables                            (814)       542
            Prepaid expenses                     (2,116)    (1,243)
            Inventories                             140       (998)
            Contract costs in excess of
              billings                             (276)      (270)
            Other current assets (net of
              deferred taxes)                       204        (28)
            Accounts payable and accrued
              expenses                              974      3,624
            Other assets and liabilities          2,861        662
                                                 ------     ------

            Net cash provided by operating
              activities                         18,641     21,310
                                                 ------     ------

Cash flows from investing activities:
   Cash acquired from the acquisition of
     Calibrated                                   1,508         --
   Capital expenditures                          (3,100)    (1,536)
   Redemption of investments                      1,802        726
   Proceeds from disposal of property               110         33
   Other                                              6        194
                                                 ------     ------

            Net cash provided by (used in)          326       (583)
              investing activities               ------     ------

Cash flows from financing activities:
   Repayment of debt issued to finance
     Northstar acquisition                       (5,690)    (7,040)
   Issue of treasury stock for option
     exercises                                      103         19
   Dividends                                     (7,570)    (7,567)
   Other                                           (480)      (545)
                                                 ------     ------

            Net cash used in financing
              activities                        (13,637)   (15,133)
                                                 ------     ------

Net change in cash and cash equivalents           5,330      5,594
Cash and cash equivalents at beginning of
  period                                         16,180      8,964
                                                 ------     ------

Cash and cash equivalents at end of period      $21,510    $14,558
                                                 ======     ======

Non-cash activities:
   Debt issued in connection with the
     acquisition of Calibrated                  $22,000    $    --
                                                 ======     ======

See accompanying notes to condensed consolidated financial
statements.
                                5
<PAGE>
                   ENNIS BUSINESS FORMS, INC.
      NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


1. Basis of Presentation
   ---------------------
   These  unaudited  condensed consolidated financial  statements
   of   Ennis   Business   Forms,  Inc.  and   its   subsidiaries
   (collectively  the  "Company" or  "Ennis"),  for  the  quarter
   ended November 30, 2002 have been prepared in accordance  with
   generally   accepted   accounting   principles   for   interim
   financial reporting.  Accordingly, they do not include all  of
   the  information and footnotes required by generally  accepted
   accounting  principles for complete financial  statements  and
   should  be  read in conjunction with the audited  consolidated
   financial  statements  and  notes  thereto  included  in   the
   Company's  Form  10-K for the year ended  February  28,  2002,
   from  which  the  accompanying condensed consolidated  balance
   sheet  at  February  28,  2002 was derived.   All  significant
   intercompany  balances and transactions have  been  eliminated
   in   consolidation.   In  the  opinion  of   management,   all
   adjustments  (consisting only of normal recurring adjustments)
   considered  necessary for a fair presentation of  the  interim
   financial  information  have been included.   The  results  of
   operations   for  any  interim  period  are  not   necessarily
   indicative of the results of operations for a full year.

2. Stock Option Plans
   ------------------
   As  of  November  30, 2002, the Company has  reserved  855,527
   shares  of  common stock under incentive stock  option  plans.
   For  the nine month periods ended November 30, 2002 and  2001,
   71,250   and  596,250  of  options,  respectively,  were   not
   included   in  the  diluted  earnings  per  share  computation
   because their exercise price exceeded the average fair  market
   value of the Company's stock for the period.

3. Inventories
   -----------
   The  Company  uses  the Last-In, First-Out  (LIFO)  method  of
   pricing  the  raw  material content of most  of  its  business
   forms  inventories, and the First-In, First-Out (FIFO)  method
   is   used  to  value  the  remainder.   The  following   table
   summarizes  the  components  of  inventory  at  the  different
   stages of production (in thousands of dollars):

                                  November 30,   February 28,
                                      2002           2002
                                      ----           ----

             Raw material           $ 6,727        $ 6,065
             Work-in-process          1,178          1,216
             Finished goods           5,291          4,941
                                     ------         ------

                                    $13,196        $12,222
                                     ======         ======

4. Accumulated other comprehensive loss
   ------------------------------------
   Accumulated   other  comprehensive  loss   consists   of   the
   effective unrealized portion of changes in the fair  value  of
   the  Company's  cash  flow  hedge.  Comprehensive  income  was
   approximately  $11,030,744 for the nine months ended  November
   30,  2002  and $10,819,000 for the nine months ended  November
   30, 2001.

                                6
<PAGE>
5. Segment Data
   ------------
   The  Company  operates  three business  segments.   The  Forms
   Solutions  Group is primarily in the business of manufacturing
   and   selling  business  forms  and  other  printed   business
   products to customers primarily located in the United  States.
   On  November  13,  2002,  effective  November  14,  2002,  the
   Company  acquired  Calibrated  Forms  Co.,  Inc.  (Calibrated)
   which  became part of the Forms Solutions Group segment.   The
   impact of Calibrated on the Forms Solutions Group, except  for
   Segment  Assets, for the three and nine months ended  November
   30,  2002 was de minimis.  The Promotional Solutions Group  is
   comprised   of   Adams   McClure   (design,   production   and
   distribution   of  printed  and  electronic   media),   Admore
   (presentation   products)   and   Wolfe   City   (flexographic
   printing,  advertising  specialties  and  Post-it  (registered
   trademark)   Notes).    The  Financial  Solutions   Group   is
   comprised  of Northstar Computer Forms which is a manufacturer
   and   seller  of  official  bank  checks,  money  orders,  and
   internal  bank  forms.  Corporate information is  included  to
   reconcile   segment   data   to  the  consolidated   financial
   statements  and  includes assets and expenses related  to  the
   Company's  corporate  headquarters  and  other  administrative
   costs.   Segment  data for the three months  and  nine  months
   ended  November  30,  2002  and  2001  were  as  follows   (in
   thousands):
<TABLE>
<CAPTION>                Forms    Promotional  Financial
                        Solutions  Solutions   Solutions            Consolidated
                         Group       Group      Group     Corporate    Totals
                         -----       -----      -----     ---------    ------
<S>                     <C>       <C>          <C>        <C>       <C>
Three months ended November 30, 2002:
 Net sales              $28,045   $17,830      $13,276    $    --    $ 59,151
 Depreciation               443       579          777        408       2,207
 Amortization                --        --           --         --          --
 Segment earnings
   (loss) before
   income tax             4,262     1,917        1,399     (1,651)      5,927
 Segment assets          81,103    36,880       41,169      4,817     163,969
 Capital expenditures       715       115           --        124         954

Three months ended November 30, 2001:
 Net sales              $28,050   $18,084      $13,324    $    --    $ 59,458
 Depreciation               549       584          844        126       2,103
 Amortization                27        96          272         --         395
 Segment earnings
   (loss) before
   income tax             5,318     1,732          814     (1,610)      6,254
 Segment assets          55,501    38,424       43,607      5,242     142,774
 Capital expenditures        75        61          322         46         504

Nine months ended November 30, 2002:
 Net sales              $82,141   $54,077      $37,322    $    --    $173,540
 Depreciation             2,199     1,724        2,404        602       6,929
 Amortization                --        --           --         --          --
 Segment earnings
   (loss) before
   income tax            13,398     5,892        2,975     (4,859)     17,406
 Segment assets          81,103    36,880       41,169      4,817     163,969
 Capital expenditures     1,780       611          964       (255)      3,100

Nine months ended November 30, 2001:
 Net sales              $85,561   $55,664      $36,751    $    --    $177,976
 Depreciation             1,826     1,743        2,539        396       6,504
 Amortization                80       298          837         --       1,215
 Segment earnings
   (loss) before
   income tax            15,644     5,526        1,904     (4,508)     18,566
 Segment assets          55,501    38,424       43,607      5,242     142,774
 Capital expenditures       442       310          402        382       1,536
</TABLE>
"Post-it" is a registered trademark of 3M.
                                7
<PAGE>

6. Purchase of Calibrated
   ----------------------
   Effective   November  14,  2002,  the  Company  completed   its
   acquisition  of  all  of the outstanding  stock  of  Calibrated
   Forms  Co.,  Inc. (Calibrated), a company which is  principally
   engaged  in  the design, manufacture and marketing  of  printed
   business   forms   within   the   wholesale   business    forms
   marketplace.   The  purchase  price  for  the  transaction  was
   $22,000,000  less  liabilities assumed of  $7,195,060  and  was
   evidenced  by  two promissory notes bearing interest  at  3.75%
   per  annum  maturing  on  January 3, 2003.   In  addition,  the
   Purchase  Agreement  provides for additional  consideration  in
   the  form  of  an earn-out.  The earn-out will be  50%  of  the
   amount,  if  any,  of Calibrated's EBITDA, as  defined  in  the
   Purchase  Agreement in excess of $6,300,000  each  year,  to  a
   maximum  amount of $3,000,000.  This earn-out will be  paid  as
   long  as  one  of  the two former shareholders,  acceptable  to
   Ennis, is employed as General Manager of Calibrated on a  full-
   time  basis during the entire fiscal year for which  the  earn-
   out  is  paid.   The results of operations for  Calibrated  are
   included  in  the  Company's condensed  consolidated  financial
   statements  from the date of acquisition.  The  impact  on  net
   sales  and  earnings  for  the  three  and  nine  months  ended
   November 30, 2002 is de minimis.

   The transaction was accounted for under the purchase method  of
   accounting  and  was  financed  by  utilizing  funds  from  the
   Company's  working  capital.   The  purchase  price  has   been
   allocated to assets acquired and liabilities assumed  based  on
   estimated  fair  market value at the date of  the  acquisition.
   These  allocations include $12.5 million recorded as  goodwill.
   The   purchase   price  allocation  for  this  acquisition   is
   preliminary  and  further refinements are  likely  to  be  made
   based on the completion of final valuation studies.

7. Derivative Financial Instruments and Hedging Activities
   -------------------------------------------------------
   Effective  March  1,  2001, the Company  adopted  Statement  of
   Financial   Accounting  Standards  No.  133,  "Accounting   for
   Derivative Instruments and Hedging Activities" (SFAS No.  133).
   This  statement establishes accounting and reporting  standards
   for   derivative  instruments,  including  certain   derivative
   instruments  embedded  in  other  contracts,  and  for  hedging
   activities.  It requires that all derivatives be recognized  on
   the  balance  sheet at fair value.  Changes in fair  values  of
   derivatives  are  accounted for based upon their  intended  use
   and designation.

   The  Company's interest rate swaps are held for purposes  other
   than trading.  The Company utilized swap agreements related  to
   its  term  and revolving loans to effectively fix the  interest
   rate  for  a specified principal amount of the loans.   Amounts
   receivable  or payable under interest rate swap agreements  are
   recorded  as  adjustments to interest expense.  This  swap  has
   been  designated as a cash flow hedge and the after-tax  effect
   of  the  mark-to-market valuation that relates to the effective
   amount  of  derivative financial instrument is recorded  as  an
   adjustment to accumulated other comprehensive income  with  the
   offset included in accrued expenses.

   The  Company utilized swap agreements related to the term  loan
   and  revolving credit facility to effectively fix the  interest
   rate  at  6.89%  for a pre-set principal amount of  the  loans.
   The  pre-set principal amount of the loans covered by the  swap
   agreements  declines  quarterly  in  connection  with  expected
   principal  reductions  and totaled $11,350,000  at November 30,

                                8
  <PAGE>
   2002.   The  fair value of the swap at November  30,  2002  was
   approximately  ($162,000) and the change in the fair  value  of
   the  loss  from March 1, 2002, net of tax, has been charged  to
   Accumulated other comprehensive loss.

8. Goodwill and Other Intangible Assets
   ------------------------------------
   In  June 2001, the Financial Accounting Standards Board (FASB)
   issued  Statements of Financial Accounting Standards No.  141,
   "Business   Combinations"  (SFAS  No.  141),  and   No.   142,
   "Goodwill   and   Other  Intangible  Assets"  (SFAS   No.142),
   effective for fiscal years beginning after December 15,  2001.
   Under the new rules, goodwill and intangible assets deemed  to
   have indefinite lives will no longer be amortized but will  be
   subject  to annual impairment tests.  Other intangible  assets
   will continue to be amortized over their useful lives.

   The  Company  adopted SFAS No. 142 effective  March  1,  2002.
   Upon   adoption  of  SFAS  No.  142,  the  Company  no  longer
   amortizes  goodwill.  The following table reflects net  income
   adjusted  to  exclude  amortization  expense  (including   any
   related  tax  effects)  recognized in  the  periods  presented
   related to goodwill.

<TABLE>
<CAPTION>
   (In thousands)               Three months     Nine months
                                   ended           ended
                                November 30,     November 30,
                                2002    2001     2002     2001
                                ----    ----     ----     ----
   <S>                          <C>     <C>      <C>      <C>

   Reported net income          $3,675  $3,870   $10,792  $11,325
   Goodwill amortization, net
     of tax benefit                 --     244        --      741
                                 -----   -----    ------   ------

   Adjusted net income          $3,675  $4,114   $10,792  $12,066

   Diluted earnings per share:
     Reported net income        $  .22  $  .24   $   .65  $   .69
     Goodwill amortization,
       net of tax benefit           --     .01        --      .05
                                 -----   -----    ------   ------

     Adjusted diluted earnings
       per share                $  .22  $  .25   $   .65  $   .74
                                 =====   =====    ======   ======
</TABLE>

9. Subsequent Events
   -----------------
   On  January 3, 2003, the Company executed an amendment to  its
   existing   credit   facility  whereby  the  Revolving   Credit
   Facility  was  increased to $30,000,000  and  the  outstanding
   balance of the term loan was merged into the Revolving  Credit
   Facility  with  an  interest rate of LIBOR  plus  .75%  and  a
   maturity date of January 3, 2006.  The Company utilized  funds
   from  this facility to retire the promissory notes and related
   liabilities  of  $7,195,060 resulting from the acquisition  of
   Calibrated.

   On  December  2,  2002, the Company entered  into  a  deferred
   interest  rate  swap agreement totaling $15,000,000  effective
   July  1,  2003,  and ending on January 3, 2006 to  effectively
   fix the interest rate on variable debt at 3.20%.



                                9
<PAGE>
Item 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
               CONDITION AND RESULTS OF OPERATIONS

Liquidity and Capital Resources
-------------------------------
The  Company  has  maintained a strong  financial  position  with
working  capital at November 30, 2002, of $29,371,000, a decrease
of  24.1% from the beginning of the year, and a current ratio  of
1.7  to  1.  The decrease is due to the purchase of  all  of  the
outstanding  stock of Calibrated Forms Co., Inc. (Calibrated)  on
November  13,  2002,  effective as  of  November  14,  2002.  The
purchase   price  for  the  transaction  was  $22,000,000,   less
liabilities  assumed  of  $7,195,060 and  was  evidenced  by  two
promissory notes bearing interest at 3.75% per annum maturing  on
January  3,  2003. By January 3, 2003, the Company paid  off  the
promissory  notes  and  the  related liabilities  of  $7,195,060.
Effective  January 3, 2003, the Company executed an amendment  to
its   existing  credit  facility  whereby  the  Revolving  Credit
Facility was increased to $30,000,000 and the outstanding balance
of  the  term loan was merged into the Revolving Credit  Facility
with  an interest rate of LIBOR plus .75% and a maturity date  of
January  3,  2006. The Company has $21,510,000 in cash  and  cash
equivalents  and  $7,986,000  in  long-term  debt,  less  current
installments.  The Company made scheduled payments of  $2,690,000
and pre-paid $3,000,000 of the debt financing for the nine months
ended  November 30, 2002. The Company believes current  inventory
levels  are sufficient to satisfy customer demand and anticipates
having adequate sources of supply of raw materials to meet future
business  requirements. Capital expenditures for the nine  months
totaled   $3,100,000.   For  the  full   fiscal   year,   capital
expenditures   are   expected  to  be  between   $3,000,000   and
$5,000,000, which are expected to be financed through  internally
generated funds. The Company expects to generate sufficient  cash
flow  from  its  operating activities  to  more  than  cover  its
operating and capital requirements for the foreseeable future.

Accounting Standards
--------------------
In  June  2001, the Financial Accounting Standards  Board  (FASB)
issued  Statements  of Financial Accounting  Standards  No.  141,
"Business  Combinations" (SFAS No. 141), and No.  142,  "Goodwill
and Other Intangible Assets" (SFAS No. 142), effective for fiscal
years  beginning after December 15, 2001.  Under the  new  rules,
goodwill  and  intangible assets deemed to have indefinite  lives
will  no  longer  be  amortized but will  be  subject  to  annual
impairment  tests.   Other intangible assets would  be  amortized
over  their  useful lives.  Effective March 1, 2002, the  Company
adopted the provisions of SFAS No. 142.  Accordingly, the Company
stopped  amortization  of  goodwill  effective  at  the  date  of
adoption.  Adoption of SFAS No. 142, resulted in an  increase  to
after tax earnings of $.01 per diluted share in the quarter ended
November  30,  2002, $.05 per diluted share for the  nine  months
ended  November  30, 2002 and is estimated to increase  after-tax
earnings  by approximately $.06 per diluted share for the  fiscal
year  2003.   The  Company tested for impairment using  projected
cash flows and representative earnings multiples for the industry
on  March  1, 2002.  Based on the test, no impairment of goodwill
was indicated or recorded.

In August 2001, the FASB issued SFAS No. 144, "Accounting for the
impairment or Disposal of Long-Lived Assets" (SFAS No. 144) which
is  effective  for  the  Company  beginning  March  1,  2002  and
supercedes,  "Accounting for the impairment of Long-Lived  Assets
and for Long-Lived Assets to be Disposed Of (SFAS No. 121).  SFAS
No.  144  provides a single method of accounting  for  long-lived
assets  to be disposed of and retains requirements found in  SFAS
No.  121 with regard to the impairment of long-lived assets.  The
adoption  of  SFAS  No.  144  had  no  effect  on  the  financial
statements for the quarter ended November 30, 2002.

                               10
<PAGE>

Results of Operations 2002
--------------------------
Net  sales for the three and nine months ended November 30,  2002
decreased  .5%  and  2.5%, respectively, from  the  corresponding
periods in the prior year. The decline for the three months ended
November  30,  2002 resulted from a decrease in the  consolidated
net  sales contribution from the Promotional Solutions  Group  of
..4%  due to declines in the general economy.  The decline for the
nine  months ended November 30, 2002 resulted primarily from  the
decline  in  the  consolidated net sales contributions  from  the
Forms Solutions Group of 1.9% and the Promotional Solutions Group
of .9%,  again due to the general economy and in the case of  the
Forms  Solutions Group the industry as well.  This was  mitigated
by  a .3% increase in contribution to consolidated net sales from
the  Financial Solutions Group for the months ending November 30,
2002 in spite of weak economic conditions.  On November 13, 2002,
effective  as  of  November 14, 2002, the Company  completed  its
acquisition  of Calibrated Forms Co., Inc, which became  part  of
the  Forms Solutions Group.  The impact on net sales and earnings
for  the  three  and nine months ended November 30,  2002  is  de
minimis.

Gross  profit  margins decreased from 28.1% in the  three  months
ended  November  30,  2001 to 26.4% in  the  three  months  ended
November 30, 2002.  Gross profit margins decreased from 28.0%  in
the  nine  months ended November 30, 2001 to 26.6%  in  the  nine
months ending November 30, 2002.  The decrease is the result of a
combination  of factors.  The Forms Solutions Group gross  profit
margin  decreased from 31.3% in the three months  ended  November
30,  2001  to 27.8% in the three months ended November 30,  2002,
and  from  30.4% in the nine months ended November  30,  2001  to
29.2%  in  the nine months ended November 30, 2002.  The decrease
is a result of less fixed cost absorption due to decreased sales.
The  general weakness in the economy and the decline in the forms
industry  contributed to decreased sales volume and lower  prices
in  the  Forms  Solutions Group.  The Financial  Solutions  Group
gross  profit  margin decreased from 27.2% in  the  three  months
ending  November  30,  2001 to 26.8% in the three  months  ending
November  30,  2002,  and from 28.3% in the  nine  months  ending
November 30, 2001 to 25.7% in the nine months ending November 30,
2002.   The decrease is due to a combination of lower fixed  cost
absorption  resulting  from decreased sales  volumes  in  certain
plants and a shift in mix to lower margin products.  In addition,
a move to a new operating facility in one of the locations, which
was  completed  in  July of 2002, exacerbated  the  reduction  in
margins  due  to  costs incurred for the move and  incurrence  of
operational inefficiencies during the move period.  Finally,  the
Promotional  Solutions  Group had relatively  flat  gross  profit
margins  for  the three and nine months ended November  30,  2002
when compared to the prior respective periods.

Selling,  general and administrative expenses decreased 7.3%  for
the  three months ended November 30, 2002 and 7.2% for  the  nine
months ended November 30, 2002 when compared to the corresponding
periods  in the prior year.  For the three and nine months  ended
November  30,  2002,  $395,000 and $1,215,000  of  the  decrease,
respectively,  is  due  to the elimination  of  goodwill  expense
resulting  from the adoption of SFAS No. 142.  The  remainder  is
mostly  due  to effective cost reduction programs implemented  in
the  Promotional Solutions and Forms Solutions Groups offset with
an  increase in depreciation related to the Company's  Enterprise
Resource Planning Software (ERP) System.




                               11
<PAGE>
Interest  expense  decreased from $422,000 in  the  three  months
ended  November  30, 2001 to $299,000 in the three  months  ended
November 30, 2002, and from $1,577,000 in the nine months  ending
November  30, 2001 to $937,000 in the nine months ending November
30, 2002 as a result of reductions of Northstar financing debt.

Investment and other income decreased from $41,000 in  the  three
months  ended November 30, 2001 to ($34,000) in the three  months
ended  November  30, 2002, and from $349,000 in the  nine  months
ending  November 30, 2001 to ($43,000) in the nine  months  ended
November 30, 2002 due to decreases in interest rates.

The  effective rate of the Federal and state income  tax  expense
was  38.0% and 39.00% for the nine months ended November 30, 2002
and  November 30, 2001, respectively.  The primary reason for the
decrease  is  due  to the elimination of non-deductible  goodwill
expense  for the quarter and nine months ended November 30,  2002
as a result of the adoption of SFAS No. 142.


Critical Accounting Policies and Judgments
------------------------------------------
In  preparing our financial statements, we are required  to  make
estimates  and  assumptions  that  affect  the  disclosures   and
reported  amounts of assets and liabilities at the  date  of  the
financial  statements and the reported amounts  of  revenues  and
expenses  during the reporting period.  We evaluate our estimates
and judgments on an ongoing basis, including those related to bad
debts,  inventory  valuations,  property,  plant  and  equipment,
intangible  assets and income taxes.  We base our  estimates  and
judgments  on historical experience and on various other  factors
that we believe to be reasonable under the circumstances.  Actual
results may differ from these estimates.

We  exercise  judgment  in evaluating our long-lived  assets  for
impairment.   We believe our businesses will generate  sufficient
undiscounted  cash flow to more than recover the  investments  we
have  made  in  property, plant and equipment,  as  well  as  the
goodwill  and  other  intangibles recorded as  a  result  of  our
acquisitions.

Revenue  is  recognized upon shipment for all  printed  products.
Revenue   from   fixed  price  contracts  for  the   design   and
construction  of tools, dies and special machinery is  recognized
using the percentage of completion method of accounting.

Derivative  instruments are recognized on the  balance  sheet  at
fair  value. Changes in fair values of derivatives are  accounted
for based upon their intended use and designation.  The Company's
interest  rate  swaps are held for purposes other  than  trading.
The  Company  utilized swap agreements related to  its  term  and
revolving  loans  to  effectively fix the  interest  rate  for  a
specified  principal amount of the loans.  Amounts receivable  or
payable  under  interest  rate swap agreements  are  recorded  as
adjustments  to interest expense.  This swap has been  designated
as  a  cash  flow hedge and the after tax effect of the  mark-to-
market  valuation  that  relates  to  the  effective  amount   of
derivative  financial instrument is recorded as an adjustment  to
accumulated  other comprehensive income with the offset  included
in accrued expenses.

Certain Factors That May Affect Future Results
----------------------------------------------
The Forms Solutions Group sells a mature product line of business
forms  and other printed business products.  The demand for  this
product   line  may  decrease  with  increasing  electronic   and
paperless forms and filings.

                               12
<PAGE>

The Promotional and Financial Solutions Groups are dependent upon
certain  major customers.  The loss of such customers may  affect
the revenue and earnings of the Groups.

The Company has various contracts with suppliers that are subject
to  change upon renewal and may not provide the same cost  ratios
for future periods.

Forward looking statement
-------------------------
      Management's  result of operations contains forward-looking
statements  that reflect the Company's current view with  respect
to future revenues and earnings.  These statements are subject to
numerous  uncertainties, including (but not limited to) the  rate
at   which   the  business  forms  market  is  contracting,   the
application  of  technology to the production of business  forms,
demand for the Company's products in the context of a contracting
market,  variability  in  the  prices  of  paper  and  other  raw
materials,  and  competitive conditions  in  the  business  forms
market.  Because of such uncertainties, readers are cautioned not
to place undue reliance on such forward-looking statements, which
speak only as of January 10, 2003.


Item 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES OF MARKET RISK

Market Risk
-----------
The  Company  is exposed to market risk from changes in  interest
rates on debt.  A discussion of the Company's accounting policies
for derivative instruments is included in Note 7 of the Notes  to
the  Consolidated Financial Statements for period ended  November
30, 2002.

The  Company's net exposure to interest rate risk consists  of  a
floating  rate  debt instrument that is benchmarked  to  European
short-term  interest rates.  The Company may from  time  to  time
utilize interest rate swaps to manage overall borrowing costs and
reduce  exposure to adverse fluctuations in interest  rates.  The
Company does not use derivative instruments for trading purposes.
The  Company  is exposed to interest rate risk on short-term  and
long-term financial instruments carrying variable interest rates.
The  Company's variable rate financial instruments, including the
outstanding credit facilities, totaled $12.02 million at November
30, 2002.  The impact on the Company's results of operations of a
one-point interest rate change on the outstanding balance of  the
variable rate financial instruments as of November 30, 2002 would
be  immaterial.   This market risk discussion  contains  forward-
looking  statements.  Actual results may differ  materially  from
this  discussion based upon general market conditions and changes
in domestic and global financial markets.












                               13
<PAGE>

Item 4.  CONTROLS AND PROCEDURES

Within  the 90 days prior to the date of this report, the Company
carried  out  an evaluation, under the supervision and  with  the
participation   of  the  Company's  management,   including   the
Company's  Chairman, President and Chief Executive Officer  along
with  the Company's Chief Financial Officer, of the effectiveness
of  the design and operation of the Company's disclosure controls
and  procedures pursuant to Exchange Act Rule 13a-14.  Based upon
that  evaluation,  the Company's Chairman,  President  and  Chief
Executive  Officer  along  with  the  Company's  Chief  Financial
Officer  concluded  that  the Company's disclosure  controls  and
procedures  are  effective in timely alerting  them  to  material
information  relating to the Company (including its  consolidated
subsidiaries)  required to be included in the Company's  periodic
SEC  filings.  There  have  been no significant  changes  in  the
Company's  internal  controls or in  other  factors  which  could
significantly affect internal controls subsequent to the date the
Company carried out its evaluation.



































                               14
<PAGE>
PART II. OTHER INFORMATION

Item 6.        Exhibits and Reports on Form 8-k
-----------------------------------------------
          (a)  Exhibits
               Exhibit 99.1 Certification Pursuant to 18 U.S.C.
                 Section 1350, as Adopted Pursuant to
                   Section 906 of the Sarbanes-Oxley
                   Act of 2002
               Exhibit 99.2 Certification Pursuant to 18.U.S.C.
                 Section 1350, as Adopted Pursuant to
                   Section 906 of the Sarbanes-Oxley
                   Act of 2002

          (b)  Reports on Form 8-K
               The Company filed a report on Form 8-K on November
               15, 2002 regarding Acquisition or Disposition of
               Assets and Financial Statements and Exhibits
               pursuant to Items 2 and 7, respectively, of such
               Form.































                               15
<PAGE>

                           SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.


                                ENNIS BUSINESS FORMS, INC.


Date January 10, 2003           /s/Robert M. Halowec
     -----------------          --------------------------------
                                Robert M. Halowec
                                Vice President Finance
                                and Chief Financial Officer





Date January 10, 2003           /s/Harve Cathey
     -----------------          --------------------------------
                                Harve Cathey
                                Secretary and Treasurer
                                Principal Accounting Officer
























                               16
<PAGE>
                          CERTIFICATION


I, Keith S. Walters, certify that:

1. I  have  reviewed this quarterly report on Form 10-Q  of  Ennis
   Business Forms, Inc.;

2. Based  on my knowledge, this quarterly report does not  contain
   any  untrue  statement of a material fact or omit  to  state  a
   material  fact necessary to make the statements made, in  light
   of  the  circumstances under which such statements  were  made,
   not  misleading  with  respect to the period  covered  by  this
   quarterly report;

3. Based  on  my  knowledge, the financial statements,  and  other
   financial  information  included  in  this  quarterly   report,
   fairly   present  in  all  material  respects   the   financial
   condition,  results  of  operations  and  cash  flows  of   the
   registrant  as  of,  and  for, the periods  presented  in  this
   quarterly report;

4. The   registrant's  other  certifying  officers   and   I   are
   responsible   for   establishing  and  maintaining   disclosure
   controls and procedures (as defined in Exchange Act Rules  13a-
   14 and 15d-14) for the registrant and we have:

   a) designed   such  disclosure  controls  and   procedures   to
      ensure that material information relating to the registrant,
      including its consolidated subsidiaries, is made known to us
      by  others  within those entities, particularly  during  the
      period in which this quarterly report is being prepared;

   b) evaluated    the   effectiveness    of    the   registrant's
      disclosure  controls and procedures as of a date  within  90
      days  prior to the filing date of this quarterly report (the
      "Evaluation Date"); and

   c) presented   in   this  quarterly  report   our   conclusions
      about  the  effectiveness  of the  disclosure  controls  and
      procedures  based  on our evaluation as  of  the  Evaluation
      Date;

5. The   registrant's  other  certifying  officers  and   I   have
   disclosed,  based  on  our  most  recent  evaluation,  to   the
   registrant's  auditors and the audit committee of  registrant's
   board  of  directors  (or  persons  performing  the  equivalent
   function):

   a) all  significant  deficiencies  in  the  design or operation
      of  internal  controls  which  could  adversely  affect  the
      registrant's  ability  to  record,  process,  summarize  and
      report   financial   data  and  have  identified   for   the
      registrant's  auditors any material weaknesses  in  internal
      controls; and

   b) any   fraud,   whether   or  not  material,   that  involves
      management or other employees who have a significant role in
      the registrant's internal controls; and

6. The   registrant's  other  certifying  officers  and   I   have
   indicated  in this quarterly report whether or not  there  were
   significant  changes in internal controls or in  other  factors
   that  could  significantly affect internal controls  subsequent
   to  the  date  of  our  most recent evaluation,  including  any
   corrective actions with regard to significant deficiencies  and
   material weaknesses.


/s/ Keith S. Walters

Keith S. Walters
Chief Executive Officer
January 10, 2003


                               17
<PAGE>
                          CERTIFICATION


I, Robert M. Halowec, certify that:

1. I  have  reviewed this quarterly report on Form 10-Q  of  Ennis
   Business Forms, Inc.;

2. Based  on my knowledge, this quarterly report does not  contain
   any  untrue  statement of a material fact or omit  to  state  a
   material  fact necessary to make the statements made, in  light
   of  the  circumstances under which such statements  were  made,
   not  misleading  with  respect to the period  covered  by  this
   quarterly report;

3. Based  on  my  knowledge, the financial statements,  and  other
   financial  information  included  in  this  quarterly   report,
   fairly   present  in  all  material  respects   the   financial
   condition,  results  of  operations  and  cash  flows  of   the
   registrant  as  of,  and  for, the periods  presented  in  this
   quarterly report;

4. The   registrant's  other  certifying  officers   and   I   are
   responsible   for   establishing  and  maintaining   disclosure
   controls and procedures (as defined in Exchange Act Rules  13a-
   14 and 15d-14) for the registrant and we have:

   a) designed   such  disclosure  controls  and   procedures   to
      ensure that material information relating to the registrant,
      including its consolidated subsidiaries, is made known to us
      by  others  within those entities, particularly  during  the
      period in which this quarterly report is being prepared;

   b) evaluated     the    effectiveness   of   the   registrant's
      disclosure  controls and procedures as of a date  within  90
      days  prior to the filing date of this quarterly report (the
      "Evaluation Date"); and

   c) presented   in   this  quarterly  report   our   conclusions
      about  the  effectiveness  of the  disclosure  controls  and
      procedures  based  on our evaluation as  of  the  Evaluation
      Date;

5. The   registrant's  other  certifying  officers  and   I   have
   disclosed,  based  on  our  most  recent  evaluation,  to   the
   registrant's  auditors and the audit committee of  registrant's
   board  of  directors  (or  persons  performing  the  equivalent
   function):

   a) all  significant  deficiencies  in  the design  or operation
      of  internal  controls  which  could  adversely  affect  the
      registrant's  ability  to  record,  process,  summarize  and
      report   financial   data  and  have  identified   for   the
      registrant's  auditors any material weaknesses  in  internal
      controls; and

   b) any   fraud,   whether   or  not  material,   that  involves
      management or other employees who have a significant role in
      the registrant's internal controls; and

6. The   registrant's  other  certifying  officers  and   I   have
   indicated  in this quarterly report whether or not  there  were
   significant  changes in internal controls or in  other  factors
   that  could  significantly affect internal controls  subsequent
   to  the  date  of  our  most recent evaluation,  including  any
   corrective actions with regard to significant deficiencies  and
   material weaknesses.


/s/ Robert M. Halowec

Robert M. Halowec
Chief Financial Officer
January 10, 2003


                               18
<PAGE>
                        INDEX TO EXHIBITS


          Exhibit 99.1   Certification Pursuant to 18 U.S.C.
             Section 1350, as Adopted Pursuant to
               Section 906 of the Sarbanes-Oxley Act of 2002
          Exhibit 99.2   Certification Pursuant to 18.U.S.C.
             Section 1350, as Adopted Pursuant to
               Section 906 of the Sarbanes-Oxley Act of 2002




































                               19
<PAGE>