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NEWS

Paul Hastings Advises J.P. Morgan Securities on Valassis Communications $270 Million Cash Tender Offer

June 25, 2010

New York, NY (June 25, 2010) - Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that the firm advised J.P. Morgan Securities Inc. as dealer manager for the cash tender offer by Valassis Communications, Inc. for $270 million of its 8 ¼% senior notes due 2015.

Partner Jeff Pellegrino and associate Eliza Scott led the Paul Hastings team.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

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