FOURTH AMENDMENT TO CREDIT AGREEMENT

                  FOURTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), dated
as of August 13, 1996, among SULLIVAN COMMUNICATIONS,  INC.  ("Communications"),
SULLIVAN GRAPHICS,  INC. (the "Borrower"),  the financial  institutions party to
the  Credit  Agreement   referred  to  below  (the  "Lenders"),   BT  COMMERCIAL
CORPORATION,  as Agent (the "Agent") for the Lenders, and BANKERS TRUST COMPANY,
as Issuing Bank (the "Issuing Bank").  All capitalized terms used herein and not
otherwise defined shall have the respective  meanings provided such terms in the
Credit Agreement.

                              W I T N E S S E T H :

                  WHEREAS, Communications,  the Borrower, the Lenders, the Agent
and the Issuing Bank are parties to a Credit  Agreement,  dated as of August 15,
1995 (as  amended,  modified or  supplemented  to the date  hereof,  the "Credit
Agreement"); and

                  WHEREAS, the parties hereto wish to amend the Credit Agreement
as herein provided;

                  NOW, THEREFORE, it is agreed:

                  1. The definition of "Material Equipment" appearing in Section
1.1 of the Credit  Agreement  is hereby  amended by  inserting  the phrase  "(or
related  items)"  immediately  after the word "item" in each place it appears in
said definition.

                  2. Section 2.3 of the Credit  Agreement  is hereby  amended by
deleting  the phrase  "an item of  Material  Equipment"  appearing  therein  and
inserting in lieu thereof the phrase "an item which  constitutes (or is one of a
number of related items which together  constitute or will constitute)  Material
Equipment."

                  3.  Notwithstanding  anything to the contrary contained in the
Credit Agreement or any other Credit Document, (i) to the extent the Borrower or
any of its  Subsidiaries  enters into any operating lease which does not cause a
violation  of the  terms  of the  Credit  Agreement,  the  Collateral  Agent  is
authorized to enter into such  disclaimers of a security  interest in the assets
subject to such  operating  lease,  or such  releases or  subordinations  of the
assets subject to such operating  lease,  as may be requested by the Borrower in
connection  therewith  and  (ii)  in  connection  with  the  incurrence  of  any
Indebtedness  permitted to remain outstanding  pursuant to Section 8.3(b) of the
Credit Agreement, at the request of the Borrower the Collateral Agent shall, and
is hereby  authorized to, enter into such releases or subordinations of security
interests  in the assets  securing  such  Indebtedness  in  accordance  with the
relevant requirements of such Section



                                       -1-
<PAGE>


8.2, all as may be requested by the Borrower.  In taking any actions pursuant to
the  requirements  of this Section 3, the Collateral  Agent shall be entitled to
rely on a  certificate  of an officer of the Borrower as to its  entitlement  to
such  release,  subordination  or other  action,  and shall have no liability in
connection therewith.

                  4.  In  order  to  induce  the  Lenders  to  enter  into  this
Amendment, the Borrower hereby represents and warrants that:

                  (a) no  Default  or Event of  Default  exists as of the Fourth
         Amendment  Effective  Date (as  defined  below),  both before and after
         giving effect to this Amendment; and

                  (b) all of the representations and warranties contained in the
         Credit Agreement and the other Credit Documents are true and correct in
         all material  respects on the Fourth  Amendment  Effective  Date,  both
         before and after giving effect to this Amendment,  with the same effect
         as though such  representations  and warranties had been made on and as
         of the Fourth  Amendment  Effective Date (it being  understood that any
         representation or warranty made as of a specific date shall be true and
         correct in all material respects as of such specific date).

                  5.  This  Amendment  is  limited  as  specified  and shall not
constitute a  modification,  acceptance or waiver of any other  provision of the
Credit Agreement or any other Credit Document.

                  6.  This   Amendment   may  be   executed  in  any  number  of
counterparts and by the different parties hereto on separate counterparts,  each
of which counterparts when executed and delivered shall be an original,  but all
of which shall together  constitute one and the same instrument.  A complete set
of counterparts shall be lodged with the Borrower and the Agent.

                  7.  THIS  AMENDMENT  AND THE  RIGHTS  AND  OBLIGATIONS  OF THE
PARTIES  HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW
OF THE STATE OF NEW YORK.

                  8. This  Amendment  shall  become  effective  on the date (the
"Fourth Amendment Effective Date") when each of Communications, the Borrower and
the  Required  Lenders  shall have  signed a copy  hereof  (whether  the same or
different  copies)  and shall  have  delivered  (including  by way of  facsimile
transmission) the same to the Agent at 14 Wall Street,  New York, New York 10005
Attention: Linda McCormack.

                  9. From and after the Fourth  Amendment  Effective  Date,  all
references in the Credit Agreement and each of the other Credit Documents to the
Credit  Agreement  shall be deemed to be references  to the Credit  Agreement as
amended hereby.

                                      * * *



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<PAGE>


                  IN WITNESS WHEREOF,  the parties hereto have caused their duly
authorized  officers to execute and deliver this  Amendment as of the date first
above written.


                                  SULLIVAN COMMUNICATIONS, INC.


                                  By /s/ Joseph M. Milano
                                    Title:


                                  SULLIVAN GRAPHICS, INC.


                                  By /s/ Joseph M. Milano
                                    Title:


                                  BT COMMERCIAL CORPORATION,
                                   Individually and as Agent


                                  By /s/ Basil Palmeri
                                    Title:


                                  BTM CAPITAL CORPORATION


                                  By___________________________________________
                                     Title:


                                  BANK OF NEW YORK COMMERCIAL
                                  CORPORATION


                                  By /s/ Stephen V. Mangiante
                                     Title:




<PAGE>



                                   DEUTSCHE FINANCIAL SERVICES
                                   HOLDING CORP.


                                   By /s/ Mark Marktauber
                                      Title:


                                   FINOVA CAPITAL CORPORATION


                                   By /s/ Ron B. Bornstein
                                      Title:


                                   GIBRALTAR CORPORATION OF
                                   AMERICA


                                   By /s/ Harvey Friedman
                                      Title:


                                   LASALLE NATIONAL BANK


                                   By /s/ Christopher G. Clifford
                                      Title:


                                   SANWA BUSINESS CREDIT
                                   CORPORATION


                                   By /s/ Michael J. Cox
                                      Title: