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ENNIS ACQUIRES SPECIALIZED PRINTED FORMS
Purchase of Stock & Real Estate
2/23/2006

Midlothian, Texas —February 23, 2006—Ennis, Inc. (formerly Ennis Business Forms, Inc.) (NYSE: EBF) a manufacturer of printed business products & apparel headquartered in Midlothian, Texas has entered into an agreement to acquire 100% of the stock of Specialized Printed Forms, Inc. (“SPF”) a privately held company headquartered in Caledonia, New York. The acquisition involves the purchase of all of the outstanding stock of SPF from Robert McAleavey as well as the associated land and buildings from a partnership which leases the facility to SPF. The acquisition of SPF continues the Ennis strategy of growth through related manufactured products to further service our existing customer base. The acquisition will add additional short-run print products, long-run (jumbo rolls) products and solutions as well as integrated labels and form/label combinations sold through the indirect sales (distributorship) marketplace.

The transaction is expected to be accretive to Ennis’ earnings in the first full year of operations, excluding the impact of transaction related charges. SPF had sales of $9.5 million for the past year ended July 31, 2005. Mr. Robert McAleavey, President, and CEO of SPF will stay on as the General Manager of SPF.

Keith Walters, Chairman, President and CEO of Ennis, said, “Today’s announcement is another positive step forward in the continued growth and consolidation of the forms business into Ennis. This acquisition was attractive due to its location, product mix and its fine reputation in the marketplace due in large part to Bob McAleavey’s efforts over many years. The transaction will add to the growth in the forms business that has placed Ennis among the top players in the forms and printed products arena and continue to serve our 40,000 independent distributors and printers who comprise the largest share of the forms marketplace. We are delighted to have Bob stay on to manage this business and help Ennis further develop its other product lines. Bob has an excellent reputation in this industry and we are delighted that he has chosen to associate his name with Ennis. It is great news for our customers, our employees and our shareholders.”

ENNIS ACQUIRES TENNESSEE BUSINESS FORMS
12/29/2005

Midlothian, Texas -- December 28, 2005 -- Ennis, Inc. (formerly Ennis Business Forms, Inc.) (NYSE: EBF) a manufacturer of printed business products headquartered in Midlothian, Texas has entered into an agreement to acquire Tennessee Business Forms/Avant-garde (“TBF”) a privately held company headquartered in Tullahoma, Tennessee. The acquisition, which is expected to be completed effective January 1, 2006, involves the purchase of the outstanding stock of TBF, as well as the associated land and buildings from a partnership which leases the facility to TBF. There are no material relationships between Ennis and the parties. The acquisition of TBF continues the Ennis strategy of growth through acquisition of complimentary manufactured products to further service our existing customer base. The acquisition will add additional short-run print products and solutions as well as integrated labels and form/label combinations sold through the indirect sales (distributorship) marketplace.

The transaction is expected to be accretive to Ennis’ earnings in the first full year of operations, excluding the impact of transaction related charges. TBF had sales of $2.2 million for the past year ended December 31, 2004. Mr. Robert Boldig, President, and CEO of TBF will stay on as the General Manager of TBF and will also assist the company in developing its other product lines.

Keith Walters, Chairman, President and CEO of Ennis, said, “Today’s announcement is another positive step forward in the continued growth and consolidation of the forms business into Ennis. While this acquisition is smaller than our normal transaction, it was attractive due to its location, product mix and its fine reputation in the marketplace due in large part to Bob Boldig’s efforts over many years. The transaction will add to the growth in the forms business that has placed Ennis among the top players in the forms and printed products arena and continue to serve our 40,000 independent distributors and printers who comprise the largest share of the forms marketplace. We are delighted to have Bob Boldig as a part of the Ennis team and feel his knowledge of and reputation within the industry will be invaluable to the Company. This is great news for our customers, our employees and our shareholders.”

About Ennis
Ennis, Inc. (www.ennis.com) (formerly Ennis Business Forms, Inc.) is primarily engaged in the production of and sale of business forms, apparel and other business products. The Company is one of the largest private-label printed business product suppliers in the United States. Headquartered in Midlothian, Texas, the Company has production and distribution facilities strategically located throughout the United States of America, Mexico and Canada, to serve the Company’s national network of distributors. The Company, together with its subsidiaries, operates in two business segments: the Printing Segment and Apparel Segment. There are three groups within the Printing Segment: the Forms Solutions Group, Promotional Solutions Group, and Financial Solutions Group. The Apparel Segment consists entirely of the Apparel Solutions Group. The Forms Solutions Group is primarily engaged in the business of manufacturing and selling business forms and other printed business products. The Promotional Solutions Group is primarily engaged in the business of design, production and distribution of printed and electronic media, presentation products, flex-o-graphic printing, advertising specialties and Post-it® Notes. The Financial Solutions Group designs, manufactures and markets printed forms and specializes in internal bank forms, secure and negotiable documents and custom products. The Apparel Solutions Group manufactures T-Shirts and distributes T-Shirts and other active-wear apparel through six distribution centers located throughout North America.

Safe Harbor Under The Private Securities Litigation Reform Act of 1995

This news release contains statements relating to future results of the acquired company including statements (i) that the transaction will be accretive to the combined company’s earnings in the first year of operations, excluding the impact of transaction-related charges, (ii) as well as other anticipated, believed, planned, forecasted, expected, targeted and estimated results and the company’s outlook concerning future results, that are “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements.

Factors relating to the transaction and the integration of the business that could cause material differences in the expected results of the acquired company include, without limitation, the following: the development and execution of comprehensive plans for asset rationalization, the ability to eliminate duplicative overhead without excessive cost or adversely affecting the business, the potential loss of customers and employees as a result of the transaction, the success of the organization in leveraging its comprehensive product offering to the acquired customer base as well as the ability of the organization to complete the integration of the acquired company without losing focus on the business. In addition, the ability of the acquired company to achieve the expected revenues, accretion and synergy savings will also be affected by the effects of competition (in particular the response to the transaction in the marketplace), the effects of paper and other raw materials and fuel price fluctuations and shortages of supply, the rate of migration from paper-based forms to digital formats, general economic and other factors beyond the acquired company’s control, and other risks and uncertainties described from time to time in Ennis’ periodic filings with United States securities authorities, as applicable.