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Agreement and Plan of Merger - Premier Graphics Inc. and Hederman Brothers Inc.

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                          AGREEMENT AND PLAN OF MERGER

     THIS AGREEMENT AND PLAN OF MERGER, dated this 1/st/ day of March, 1998,
pursuant to Section 252 of the General Corporation Law of the State of Delaware
and Section 79-4-1101 of the Business Corporation Act of the State of
Mississippi, between Premier Graphics, Inc. ("Premier" or "Surviving
Corporation"), a Delaware corporation and Hederman Brothers, Inc. ("Hederman" or
"Merged Corporation"), a Mississippi corporation.

     WITNESSETH that:

     WHEREAS, all of the constituent corporations desire to merge into a single
corporation; and

     NOW, THEREFORE, the corporations, parties to this Agreement, in
consideration of the mutual covenants, agreements and provisions hereinafter
contained, do hereby prescribe the terms and conditions of said merger and mode
of carrying the same into effect as follows:

     FIRST:    Premier, hereby merges into itself Hederman and Hederman shall be
and hereby is merged into Premier, which shall be the Surviving Corporation.

     SECOND:   The Certificate of Incorporation and Bylaws of Premier, as in
effect on the date of merger provided for in this Agreement, shall continue in
full force and effect as the Certificate of Incorporation of the corporation
surviving this merger.

     THIRD:    The Certificate of Incorporation of Premier, is set forth in its
entirety and attached hereto as Exhibit A, and all the terms and provisions
thereof are hereby incorporated in this Agreement and made a part hereof with
the same force and effect as if herein set forth in full; and, from and after
the effective date of the merger and until further amended as provided by law,
said Exhibit A, separate and apart from this Agreement and Plan of Merger shall
be, and may be separately 

<PAGE>
 
certified as, the Certificate of Incorporation, as amended, of the Surviving
Corporation.

     FOURTH:   The manner of converting the outstanding shares of the capital of
each of the constituent corporations into the shares or other securities of the
Surviving Corporation shall be as follows:

          (a)  Each share of stock of the Surviving Corporation, which shall be
     issued and outstanding on the effective date of this Agreement, shall
     remain issued and outstanding.

          (b)  Each share of common stock of the Merged Corporation which shall
     be outstanding on the effective date of this Agreement, and all rights in
     respect thereto shall be cancelled.

          (c)  After the effective date of this Agreement, each holder of an
     outstanding certificate representing shares of common stock of Hederman
     shall surrender the same to the Surviving Corporation and said shares shall
     be cancelled, since at the effective time of the merger all of the issued
     and outstanding shares of the constituent corporations will be owned by the
     same shareholder.  Until so surrendered, the outstanding shares of stock of
     the Merged Corporation to be cancelled as provided herein, may be treated
     by the Surviving Corporation for all corporate purposes as evidencing the
     ownership of shares of the Surviving Corporation as though said surrender
     and exchange had taken place.  After the effective date of this Agreement,
     each registered owner of any shares of common stock of the Merged
     Corporation shall have said shares cancelled.

     FIFTH:    The terms and conditions of the merger are as follows:

          (a)  The Bylaws of the Surviving Corporation as they shall exist on
     the effective date of this Agreement shall be and remain the Bylaws of the
     Surviving Corporation until the 

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<PAGE>
 
same shall be altered, amended and repealed as therein provided.

          (b)  The directors and officers of the Surviving Corporation shall
     continue in office until the next annual meeting of stockholders and until
     their successors shall have been elected and qualified.

          (c)  This merger shall become effective upon filing with the Secretary
     of State of Delaware and Mississippi.

          (d)  Upon the merger becoming effective, all the property, rights,
     privileges, franchises, patents, trademarks, licenses, registrations and
     other assets of every kind and description of the Merged Corporation shall
     be transferred to, vested in and devolve upon the Surviving Corporation
     without further act or deed and all property, rights, and every other
     interest of the Surviving Corporation and the Merged Corporation shall be
     as effectively the property of the Surviving Corporation as they were of
     the Surviving Corporation and the Merged Corporation respectively.  The
     Merged Corporation hereby agrees from time to time, as and when requested
     by the Surviving Corporation or by its successors or assigning, to secure
     and deliver or cause to be executed and delivered all such deeds and
     instruments and to take or cause to be taken such further or other action
     as the Surviving Corporation title to and possession of any property of the
     Merged Corporation acquired or to be acquired by reason of or as a result
     of the merger herein provided for and otherwise to carry out the intent and
     purposes hereof and the proper officers and directors of the Merged
     Corporation and the proper officers and directors of the Surviving
     Corporation are fully authorized in the name of the Merged Corporation or
     otherwise to take any and all such action.

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<PAGE>
 
     SIXTH:    Anything herein or elsewhere to the contrary notwithstanding,
this Agreement may be terminated and abandoned by the Board of Directors of any
constituent corporation at any time prior to the date of filing this Agreement
with the Secretary of State of Delaware and Mississippi.  This Agreement may be
amended by the Board of Directors of its constituent corporations at any time
prior to the date of filing this Agreement with the Secretary of State, provided
that an amendment made subsequent to the adoption of the Agreement by the
stockholders of any constituent corporation shall not (1) alter or change the
amount of kind of shares, securities, cash, property and/or rights to be
received in exchange for or on conversion of all or any of the shares of any
class or series thereof of such constituent corporation, (2) alter or change any
term of the Certificate of Incorporation of the Surviving Corporation to be
effected by the merger, or (3) alter or change any of the terms and conditions
of the Agreement if such alteration or change would adversely affect the holders
of any class or series thereof of such constituent corporation.

     IN WITNESS WHEREOF, the parties to this Agreement, pursuant to the approval
and authority duly given by resolutions adopted by their respective Boards of
Directors have caused these presents to be executed by the President of each
party hereto as the respective act, deed and agreement of said corporation on
this 1st day of March, 1998.

                                    PREMIER GRAPHICS, INC.


                                    By:/s/ John P. Miller
                                       ------------------
                                       John P. Miller, President


                                    HEDERMAN BROTHERS, INC.


                                    By:/s/ John P. Miller
                                       ------------------
                                       John P. Miller, President

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<PAGE>
 
     I, Lance Fair, Secretary of Premier Graphics, Inc., a corporation organized
and existing under the laws of the State of Delaware, hereby certify, as such
Secretary that the Agreement and Plan of Merger to which this Certificate is
attached, after having been first duly signed on behalf of the said corporation
and having been signed on behalf of Hederman Brothers, Inc., a corporation of
the State of Mississippi, was duly adopted pursuant to Section 228 of Title 8 of
the Delaware Code by the unanimous written consent of the stockholders holding
100 shares of the capital stock of Premier Graphics, Inc. same being the shares
issued and outstanding and having voting power, which Agreement and Plan of
Merger was thereby adopted as the act of the stockholders of said Premier
Graphics, Inc., and the duly adopted agreement and act of the said corporation.

     WITNESS my hand on this 1st day of March, 1998.


                                         /s/ Lance Fair
                                         --------------
                                         Secretary

     I, Lance Fair, Secretary of Hederman Brothers, Inc., a corporation
organized and existing under the laws of the State of Mississippi, hereby
certify, as such Secretary that the Agreement and Plan of Merger to which this
Certificate is attached, after having been first duly signed on behalf of the
said corporation and having been signed on behalf of Premier Graphics, Inc., a
corporation of the State of Delaware, was duly adopted pursuant to the Business
Corporation Act of the State of Mississippi by the unanimous written consent of
the stockholders holding 7,214 shares of the capital stock of Hederman Brothers,
Inc. same being of the shares issued and outstanding and having voting power,
which Agreement and Plan of Merger was thereby adopted as the act of the
stockholders of said Hederman Brothers, Inc., and the duly adopted agreement and
act of the said corporation.

     WITNESS my hand on this 1st day of March, 1998.


                                         /s/ Lance Fair
                                         --------------
                                         Secretary

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