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                        Wallace Computer Services, Inc.
                 Amended and Restated Executive Incentive Plan
                                Amendment No. 1


         Whereas,  Wallace Computer  Services,  Inc., a Delaware  corporation
(the "Company"),  has heretofore  adopted and maintained  a bonus plan for the
benefit of certain of its  employees  designated  the  Wallace  Computer
Services,  Inc. Amended and Restated Executive Incentive Plan (the "Plan");

         Whereas, the Company desires to amend the Plan in the following certain
respects;

         Now therefore, pursuant to the power of amendment contained in Section
7(a) of the Plan,

A.       Sections 6(a) and 6(b) of the Plan are hereby deleted in their entirety
         and replaced with the following:

         "(a) Subject to the conditions set forth in Section 6(d) of the Plan,

                            (1)In the event that the Participant continues to
                               render services as an Employee of the Company
                               until his or her Normal Retirement Date or Early
                               Retirement Date, as defined in the Wallace Profit
                               Sharing and Retirement Fund ("Retirement"), death
                               or disability, payment of Cash Award balances
                               shall be made in 120 monthly installments
                               commencing on the first day of the month
                               following the Retirement, death or disability of
                               such Participant. In lieu of installment
                               payments, the Committee may in its discretion pay
                               any amount due in a lump sum. Account balances of
                               such participants which are less than $5,000
                               shall be automatically paid in a lump sum.

                            (2)Upon the termination of a Participant for any
                               other reason, payment of the Cash Award balances
                               shall be made in a lump sum as soon as
                               practicable after the termination of such
                               Participant.

         (b) Subject to the conditions set forth in Section 6(d) of the Plan:

                            (1)In the event that the Participant continues to
                               render services as an Employee of the Company
                               until his or her Retirement, death or disability,
                               payment of Stock Award balances shall be made in
                               10 annual installments commencing on the first
                               day of the year following the year of the
                               Retirement, death or disability of such
                               Participant.  In lieu of installment payments the
                               Compensation Committee may in its discretion
                               transfer any Stock Award in a single installment.

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                            (2)Upon the termination of a Participant for any
                               other reason, payment of the Stock Award balance
                               shall be made in a single installment as soon as
                               practicable after such termination."

B.       Section 6(d)(1) is hereby deleted in its entirety.

         In Witness Whereof, the Company has caused this instrument to be
executed by its duly authorized officers this 29th day of November, 2000.


                                                 Wallace Computer Services, Inc.

                                                 By:  /s/ Michael O. Duffield
                                                      --------------------------
                                                      President



Attest:



By: /s/ Steven L. Carson
    -----------------------
Its: Secretary