Print Agreement [Amendment No. 1] - Playboy Enterprises Inc. and Quad/Graphics Inc.
FIRST AMENDMENT --------------- THIS FIRST AMENDMENT, dated August 15, 1996, by and between Playboy Enterprises, Inc. ("Publisher") and Quad/Graphics, Inc. ("Quad/Graphics") hereinafter referred to as the "Amendment". RECITALS: A. Publisher and Quad/Graphics entered into a certain Agreement, dated May 15, 1990, pertaining to the performance of press service, subject to quality, pricing and schedule, (including four (4) color editorial separations, stripping, ad handling, cromalins, final films) platemaking or cylinder engraving, press work (including gravure), binding, mailing and delivery to common carriers in connection with Publisher's magazine entitled, Playboy (the "Work"), with Agreement was modified by the addendum dated November 7, 1991, and the letter dated May 25, 1994, such Agreement, as so modified, is hereinafter collectively referred to as the "Agreement". B. Publisher and Quad/Graphics are desirous of amending the Agreement as hereinafter provided. FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which are hereby acknowledged by each party, Quad/Graphics and Publisher agree as follows: 1. The Agreement is amended to extend the term of the Agreement by one (1) year to expire November 1, 1997 (upon completion of production of the January 1998 issue of Playboy). 2. The Preparatory Price List, dated March 1, 1996, attached hereto as Exhibit A, will constitute the pricing in effect for preparatory production taking place on or after the signing date of this Amendment, subject to adjustment as provided in the Agreement as hereby amended. The Manufacturing Prices, dated May 30, 1996, and attached hereto as Exhibit B, will constitute the pricing in effect for print production taking place on or after the signing date of this Amendment, subject to adjustment as provided in the Agreement as hereby amended. The Manufacturing Prices attached hereto as Exhibit B include the 6% gravure and offset ink increase, effective December 1, 1994, and the 6% gravure ink increase, effective January 1, 1996. 4. The Paper Requirements, dated September 20, 1995 and attached hereto as Exhibit C, will constitute the paper requirements in effect at the time of this Amendment, subject to adjustment as provided in the Agreement. 5. Quad/Graphics will waive its entitlement to and forego the August 1, 1996 price escalation to reflect increases to Quad/Graphics' labor costs. 6. Section 10.05 of the Agreement is amended to guarantee that the Preparatory and Manufacturing Prices, attached hereto as Exhibits A and B. will remain firm against increases in labor costs through July 31, 1997. Thereafter, prices may be adjusted once annually on or after August first to reflect changes to Quad/Graphics' cost of labor and each such adjustment will not exceed 85% of the change in the "all items" listing (1982-84=100) of the Milwaukee, Wisconsin Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the immediately preceding first half of the calendar year as compared to the first half of the preceding calendar year. 7. Except as modified herein, the Agreement will continue in full force and effect without change. IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers effective on the date herein set forth. Playboy Enterprises Quad/Graphics, Inc. By:/s/ MARIA DANAE MANDIS By:/s/ ROBERT C. FULLER ------------------------ ------------------------ Name:MARIA DANAE MANDIS Name:ROBERT C. FULLER ------------------- ------------------- Title: VP/ PROD DIRECTOR Title: CHICAGO SUBS MGR. ------------------ ------------------ Date: 8/26/96 Date: 8/26/96 ----------------------------- ---------------------- <PAGE> Exhibit A <PAGE> Playboy Enterprises, Inc. - Quad/Graphics, Inc. First Amendment Preparatory Price List (dated March 1, 1996) <PAGE> <TABLE> <CAPTION> QUAD/GRAPHICS, INC. 1996 PREPARATORY CONTRACT PRICING FOR PLAYBOY ENTERPRISES, INC. -------------------------------------------------------------------------------- <S> <C> Prices are based on producing an 8-3/16" x 10-7/8" page size. PLAYBOY 1996 (CONTRACT PRICING) FURNISHED EDIT (BASED ON 4/C, BUT INCLUDES 2/C OR 3/C ALSO) ANY FULL PAGE STORIES OR CARTOONS AND ALSO PARTIAL PAGE CARTOONS. Furnished edit - (RREU negatives)................................. $ 100.00 each Furnished edit - (RRED positives without Matchprint proof)........ $ 30.00 each Furnished edit (RRED positives with Matchprint proof)..............$ 70.00 each B&W TYPE PAGES (FULL PAGE) Supplied RRED positives (for full page edit)...................... $ 15.00 each FULL PAGE FURNISHED ADS (2/C, 3/C OR 4/C) Supplied RREU negatives........................................... $ 135.00 each Supplied RRED negatives........................................... $ 175.00 each Supplied RRED positives........................................... $ 100.00 each FULL PAGE B&W ADS Supplied RREU negatives........................................... $ 27.00 each Supplied RRED positives........................................... $ 15.00 each PARTIAL PAGE ADS (BASED UPON B&W EDIT FILM. IF EDIT HAS SCANS, TINTS, K.O.'S, HANDWORK, ETC. WILL BE BILLED PER THE ATTACHED PRICE LIST) B&W ad (supplied RREU negatives).................................. $ 30.00 each 2/C, 3/C or 4/C ad supplied as RREU negatives (price based on one ad)............................................................... $ 155.00 each 2/C, 3/C or 4/C ad supplied as RREU negatives (price based on two ads).............................................................. $ 225.00 each PICK UP ADS (PARTIAL OR FULL PAGE) Pick up B&W ad.................................................... $ 25.00 each Pick up 2/C, 3/C or 4/C ad........................................ $ 45.00 each -------------------------------------------------------------------------------- Quad/Imaging March 1, 1996 Page 1 </TABLE> 4 <PAGE> QUAD/GRAPHICS, INC. 1996 PREPARATORY CONTRACT PRICING FOR PLAYBOY ENTERPRISES, INC. -------------------------------------------------------------------------------- PLAYBOY SPECIALS BASE 4/C PAGE (8-3/16" X 10-7/8") BASE PAGE: (081) Base 4/C page............................................... $575.00 page Price includes ripping type and line art from a supplied disk, all random 4/C separations, color correction and touching up of skin blemishes or scratches as noted on each transparency, processing high resolution images into the desktop page file, outputting film, a composite Matchprint proof, color correction and retouching as noted on the first proof, reripping a page file, reprocessing high resolution images into the desktop page file, outputting a second set of final film and a second composite Matchprint proof and two blueline proofs. You can determine the additional cost of items not specified in the estimate such as silhouettes, drop shadows, versions, color corrections after the second proof show and author alterations per the attached price list. Your price estimate is based on the specifications and printed samples (September/October 1993 Lingerie book, November/December 1993 Lingerie book, Playboy's Video Playmates, Playboy's Satin, Leather & Lace supplement and the 1993 Centerfold Sensations) that you have provided. You can help meet the estimated price and complete your project on time by providing the following: . Macintosh based QuarkXPress page files created as single pages to be processed and output as final film. . Page files containing all type and line art (colored, tinted and built to butt), EPS files and square finish windows in position with low resolution images resident on the page. . Thermal proofs or laser proofs of designed pages containing trim marks, call outs for color breaks and tint values and low resolution files showing image position, size, cropping and angling. . A list of all CTs and fonts used in the document along with a list of the fonts, software and version used to create EPS files. ------------------------------------------------------------------------------- Quad/Imaging March l, 1996 Page 2 <PAGE> QUAD/GRAPHICS, INC. 1996 PREPARATORY CONTRACT PRICE LIST FOR PLAYBOY ENTERPRISES, INC. -------------------------------------------------------------------------------- Prices are based on producing an 8-3/16" x 10-7/8" page size. PLAYBOY 1996 (CONTRACT PRICE LIST) COLOR SEPARATION Price includes a random color proof and either positives or negatives. Each subject will be scanned for a comparable representation of the original transparency or to the written instructions on the transparency within scanner limitations. Scans that are, in our judgement, extremely difficult to reproduce will require handwork. COLOR CORRECTION IS ADDITIONAL. <TABLE> <CAPTION> <C> <S> <C> (356) B & W separation........................................... $ 30.00 each Four color separation (301) 5" x 7".................................................... $ 90.00 each (302) 9" x 12"................................................... $ 125.00 each (303) 14" x 20".................................................. $ 190.00 each DESKTOP PAGE PROCESSING (036) Trap color................................................. $ 15.00 each (297) Black & white line scan.................................... $ 12.00 each (134) Page processing, per color, (outputting film additional)... $ 12.00 each (489) Digital file output (per color)............................ $ 12.00 each (073) Output film (per color).................................... $ 12.00 each ELECTRONIC SYSTEM (496) Electronic page assembly, color correction, swatch matching, retouching, special effects, rotation, extensive resizing, alteration of desktop page files........................... $ 200.00 hour CONVENTIONAL FILM ASSEMBLY (052) Color break mask........................................... $ 12.00 each (053) Tint screen (per value, per color)......................... $ 15.00 each (057) Reverse type............................................... $ 30.00 page (059) Knock out mask............................................. $ 30.00 each (032) Cadograph windows and rules................................ $ 15.00 page (069) Dupe film (per color, per item) does not include strips.... $ 12.00 each (054) Contact film (per color, per item) does not include strips. $ 12.00 each (061) Strip film element......................................... $ 6.00 film (168) Pick up with inspection (per color, per item).............. $ 4.00 film (021) Handwork (per hour)........................................ $ 55.00 hour (066) Final film (per color)..................................... $ 12.00 each (031) Ad inspection.............................................. $ 25.00 ad * Ad inspection includes checking the screen ruling and angle of films, inspecting films for holes and scratches, checking each film to the furnished proof, checking total density of the proof and noting any potential problems. Proofs are additional. PROOFING (065) Position proof (blueline).................................. $ 3.00 each (023) Black & white proof (Velox or LOP)......................... $ 10.00 each (025) Matchprint proof........................................... $ 50.00 each </TABLE> -------------------------------------------------------------------------------- Quad/Imaging March l, 1996 Page 3 <PAGE> EXHIBIT B Playboy Enterprises, Inc. - Quad/Graphics, Inc. First Amendment Manufacturing Price List (dated May 30, 1996) <PAGE> PLAYBOY ENTERPRISES PRICE SCHEDULES <TABLE> <CAPTION> ------------------------------------------------------------------------------------------------ OFFSET PRESSWORK DEL. PLATES & RATE FORM DESCRIPTION AS OUT PLATES MAKEREADY PER/M ------------------------------------------------------------------------------------------------ <S> <C> <C> <C> <C> <C> 4 Page Flat Cover (4/4) 4's 4 8 $1,400.00 $ 4.15 4 Page Flat Cover (5/5) 4's 4 10 $1,750.00 $ 4.45 4 Page Flat Cover (6/6) 4's 4 12 $2,100.00 $ 4.75 4 Page Flat Cover (7/4) 4's 4 11 $2,400.00 $ 5.05 4 Page Flat Cover (7/5) 4's 4 12 $2,600.00 $ 5.05 4 Page Flat Cover (8/4) 4's 4 12 $2,600.00 $ 5.25 4 Page Flat Cover (8/5) 4's 4 13 $2,800.00 $ 5.25 6 Page Gate Cover (4/4) 6's 2 8 $1,800.00 $10.35 6 Page Gate Cover (5/5) 6's 2 10 $2,250.00 $10.85 6 Page Gate Cover (6/6) 6's 2 12 $2,700.00 $11.35 6 Page Gate Center (4/2) 6's 2 6 $1,400.00 $ 7.25 6 Page Gate Center (4/4) 6's 2 8 $1,800.00 $ 7.25 6 Page Gate Center (5/4) 6's 2 9 $2,050.00 $ 7.75 6 Page Gate Center (5/5) 6's 2 10 $2,250.00 $ 8.00 2 Page Body (1/1) 2's 8 2 $ 500.00 $ 1.65 2 Page Body (2/2) 2's 8 4 $ 700.00 $ 1.65 2 Page Body (4/4) 2's 8 8 $1,400.00 $ 1.80 2 Page Body (5/5) 2's 8 10 $1,700.00 $ 1.95 4 Page Body (1/1) 4's 4 2 $ 500.00 $ 3.16 4 Page Body (2/2) 4's 4 4 $ 700.00 $ 3.16 4 Page Body (4/4) 4's 4 8 $1,400.00 $ 3.43 4 Page Body (5/5) 4's 4 10 $1,700.00 $ 3.73 4 Page Body (6/5) 4's 4 10 $1,850.00 $ 4.20 4 Page Gate Body (1/1) 4's 4 2 $ 500.00 $ 3.16 4 Page Gate Body (2/2) 4's 4 4 $ 700.00 $ 3.16 4 Page Gate Body (4/4) 4's 4 8 $1,400.00 $ 3.43 4 Page Gate Body (5/5) 4's 4 10 $1,700.00 $ 3.73 6 Page Gate Body (4/4+4/4) 6's 4 16 $4,000.00 $ 4.55 8 Page Body (1/1) 8's 2 2 $ 500.00 $ 5.88 8 Page Body (2/2) 8's 2 4 $ 700.00 $ 5.88 8 Page Body (4/4) 8's 2 8 $1,400.00 $ 6.40 8 Page Body (5/5) 8's 2 10 $1,700.00 $ 7.00 8 Page Body (1/1+1/1) 8's 4 4 $ 700.00 $ 3.58 8 Page Body (2/2+2/2) 8's 4 8 $1,400.00 $ 3.58 8 Page Body (4/4+1/1) 8's 4 10 $1,750.00 $ 3.60 8 Page Body (4/4+2/2) 8's 4 12 $2,125.00 $ 3.60 8 Page Body (4/4+4/4) 8's 4 16 $2,800.00 $ 3.60 8 Page Body (5/5+4/4) 8's 4 18 $3,150.00 $ 4.48 8 Page Body (5/5+5/5) 8's 4 20 $3,500.00 $ 4.63 8 Page Gate Body (4/4) 8's 2 8 $2,200.00 $ 7.50 8 Page Gate Body (5/5) 8's 2 10 $2,450.00 $ 8.25 ------------------------------------------------------------------------------------------- </TABLE> Page 1 Quad/Graphics Inc. May 30, 1996 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PRICE SCHEDULES ------------------------------------------------------------------------------- OFFSET PRESSWORK DEL. PLATES & RATE FORM DESCRIPTION AS OUT PLATES MAKEREADY PER/M =============================================================================== <S> <C> <C> <C> <C> <C> 12 Page Body (1/1+1/1) 12's 2 4 $900.00 $6.70 12 Page Body (2/2+2/2) 12's 2 8 $1,600.00 $6 70 12 Page Body (4/4+1/1) 12's 2 10 $1,950.00 $6.75 12 Page Body (4/4+2/2) 12's 2 12 $2,300.00 $6.75 12 Page Body (4/4+4/4) 12's 2 16 $3,000.00 $6.75 12 Page Body (5/5+4/4) 12's 2 18 $3,350.00 $8.50 12 Page Body (5/5+5/5) 12's 2 20 $3,700.00 $8.80 16 Page Body (1/1) 8's 1 2 $500.00 $11.75 16 Page Body (2/2) 8's 1 4 $700.00 $11.75 16 Page Body (4/4) 8's 1 8 $1,400.00 $12.80 16 Page Body (5/5) 8's 1 10 $1,700.00 $14.00 16 Page Body (1/1+1/1) 8's 2 4 $700.00 $7.15 16 Page Body (2/2+2/2) 8's 2 8 $1,400.00 $7.15 16 Page Body (4/4+1/1) 8's 2 10 $1,750.00 $7.20 16 Page Body (4/4+2/2) 8's 2 12 $2,125.00 $7.20 16 Page Body (4/4+4/4) 8's 2 16 $2,800.00 $7.20 16 Page Body (5/5+4/4) 8's 2 18 $3,150.00 $8.95 16 Page Body (5/5+5/5) 8's 2 20 $3,500.00 $9.25 16 Page Body (1/1+1/1) 16's 2 4 $700.00 $6.70 16 Page Body (2/2+2/2) 16's 2 8 $1,400.00 $6.70 16 Page Body (4/4+1/1) 16's 2 10 $1,750.00 $6.75 16 Page Body (4/4+2/2) 16's 2 12 $2,125.00 $6.75 16 Page Body (4/4+4/4) 16's 2 16 $2,800.00 $6.75 16 Page Body (5/5+4/4) 16's 2 18 $3,150.00 $8.50 16 Page Body (5/5+5/5) 16's 2 20 $3,500.00 $8.80 -------------------------------------------------------------------------------- </TABLE> Page 2 Quad/Graphics Inc. May 30, 1996 <PAGE> PLAYBOY ENTERPRISES PRICE SCHEDULES ------------------------------------------------------------------------ OFFSET PRESSWORK DEL. PLATES & RATE FORM DESCRIPTION AS OUT PLATES MAKEREADY PER/M ======================================================================== 32 Page Body (1/1+1/1) 8's 1 4 $700.00 $14.30 32 Page Body (2/2+2/2) 8's 1 8 $1,400.00 $14.30 32 Page Body (4/4+1/1) 8's 1 10 $1,750.00 $14.40 32 Page Body (4/4+2/2) 8's 1 12 $2,125.00 $14.40 32 Page Body (4/4+4/4) 8's 1 16 $2,800.00 $14.40 32 Page Body (5/5+4/4) 8's 1 18 $3,150.00 $17.90 32 Page Body (5/5+5/5) 8's 1 20 $3,500.00 $18.50 32 Page Body (1/1+1/1) 16's 1 4 $700.00 $13.40 32 Page Body (2/2+2/2) 16's 1 8 $1,400.00 $13.40 32 Page Body (4/4+1/1) 16's 1 10 $1,750.00 $13.50 32 Page Body (4/4+2/2) 16's 1 12 $2,125.00 $13.50 32 Page Body (4/4+4/4) 16's 1 16 $2,800.00 $13.50 32 Page Body (5/5+4/4) 16's 1 18 $3,150.00 $17.00 32 Page Body (5/5+5/5) 16's 1 20 $3,500.00 $17.60 ------------------------------------------------------------------------ Rates are guaranteed for 1,500,000 impressions, replacements will be invoiced as required thereafter. See below for plate and makeready changes ======================================================================== RATE OFFSET PRESS SUPPLEMENTAL PRICES MAKEREADY PER/M ======================================================================== Plate Charges, each $75.00 --- Makeready Changes, each plate $85.00 --- Rub Off $400.00 $2.05 Perf signature $200.00 $0.50 Multiple delivery charges, per delivery --- $0.45 Press down time, per hour $500.00 --- ------------------------------------------------------------------------ Page 3 Quad / Graphics Inc. May 30, 1996 <PAGE> PLAYBOY ENTERPRISES PRICE SCHEDULES <TABLE> <CAPTION> -------------------------------------------------------------------------------- GRAVURE PRESSWORK DEL. CYLINDERS & RATE FORM DESCRIPTION AS OUT CYLINDERS MAKEREADY PER/M ================================================================================ <S> <C> <C> <C> <C> <C> 12 Page Body (4/4) 12's 4 8 $14,560.00 $ 5.35 12 Page Body (5/5) 12's 4 10 $18,200.00 $ 6.10 16 Page Body (4/4) 16's 4 8 $14,880.00 $ 5.35 16 Page Body (5/5) 16's 4 10 $18,600.00 $ 6.10 20 Page Body (4/4) 20's 2 8 $15,200.00 $10.70 20 Page Body (5/5) 20's 2 10 $19,000.00 $12.20 24 Page Body (4/4) 24's 2 8 $15,520.00 $10.70 24 Page Body (5/5) 24's 2 10 $19,400.00 $12.20 28 Page Body (4/4) 28's 2 8 $15,840.00 $10.70 28 Page Body (5/5) 28's 2 10 $19,800.00 $12.20 32 Page Body (4/4) 32's 2 8 $16,160.00 $10.70 32 Page Body (5/5) 32's 2 10 $20,200.00 $12.20 36 Page Body (4/4) 36's 2 8 $16,480.00 $16.05 36 Page Body (5/5) 36's 2 10 $20,600.00 $18.30 40 Page Body (4/4) 20's 1 8 $16,800.00 $21.40 40 Page Body (5/5) 20's 1 10 $21,000.00 $24.40 48 Page Body (4/4) 16's 2 8 $17,440.00 $16.05 48 Page Body (5/5) 16's 2 10 $21,800.00 $18.30 48 Page Body (4/4) 24's 1 8 $17,440.00 $21.40 48 Page Body (5/5) 24's 1 10 $21,800.00 $24.40 56 Page Body (4/4) 28's 1 8 $18,080.00 $21.40 56 Page Body (5/5) 28's 1 10 $22,600.00 $24.40 60 Page Body (4/4) 20's 2 8 $18,400.00 $32.10 60 Page Body (5/5) 20's 2 10 $23,000.00 $36.60 64 Page Body (4/4) 32's 1 8 $18,720.00 $21.40 64 Page Body (5/5) 32's 1 10 $23,400.00 $24.40 72 Page Body (4/4) 24's 1 8 $19,360.00 $32.10 72 Page Body (5/5) 24's 1 10 $24,200.00 $36.60 72 Page Body (4/4) 12's 1 8 $19,360.00 $34.50 72 Page Body (5/5) 12's 1 10 $24,200.00 $39.00 84 Page Body (4/4) 28's 1 8 $20,320.00 $32.10 84 Page Body (5/5) 28's 1 10 $25,400.00 $36.60 96 Page Body (4/4) 32's 1 8 $21,280.00 $32.10 96 Page Body (5/5) 32's 1 10 $26,600.00 $36.60 96 Page Body (4/4) 16's 1 8 $21,280.00 $34.50 96 Page Body (5/5) 16's 1 10 $26,600.00 $39.00 -------------------------------------------------------------------------------- </TABLE> Included in makeready charges are bromides, one set of cylinders with one press proof and the press makeready. -------------------------------------------------------------------------------- Page 4 Quad / Graphics Inc. May 30, 1996 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PRICE SCHEDULES -------------------------------------------------------------------------------- RATE GRAVURE PRESS SUPPLEMENTAL PRICES MAKEREADY PER/M ================================================================================ <S> <C> <C> Additional bromides, per page, per color $16.50 --- Cylinder Charges, each $1,200.00 --- Makeready Changes, each cylinder $300.00 --- Additional proofs (per side) $1,700.00 --- Supplemental engraving for type only, each $508.00 --- Cylinder storage 1st month, each cylinder $200.00 --- Cylinder storage each additional month, each cylinder $100.00 --- Press down time, per hour $750.00 --- ================================================================================ COVER BODY OFFSET INK PRICES RATE RATE ================================================================================ <S> <C> <C> 4/Color pages, per/M $0.356 $0.322 3/Color pages, per/M $0.296 $0.263 2/Color pages, per/M $0.178 $0.145 Black pages, per/M $0.059 $0.059 5/Color (non metallic) pages, per/M $0.533 $0.533 6/Color (non metallic) pages, per/M $0.711 $0.711 7/Color (non metallic) pages, per/M $0.889 $0.889 8/Color (non metallic) pages, per/M $1.067 $1.067 Metallic Color less than 1/2 page, per/M $0.356 $0.356 Varnish $0.592 $0.592 UV Coat covers 1 & 4 Makeready $250.00 Run Rate, per/M $9.00 UV Coat covers of gatefold (one side only) Makeready $250.00 Run Rate, per/M $13.50 ================================================================================ BODY GRAVURE INK PRICES RATE ================================================================================ <S> <C> 4/Color pages, per/M $0.540 3/Color pages, per/M $0.371 2/Color pages, per/M $0.238 Black pages, per/M $0.106 PMS ink will be invoiced at cost plus 10% --- -------------------------------------------------------------------------------- </TABLE> Page 5 Quad/Graphics Inc. May 30, 1996 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PRICE SCHEDULES -------------------------------------------------------------------------------- RATE PERFECT BINDING MAKEREADY PER/M ================================================================================ <S> <C> <C> Up to 12 pockets $1,484.00 $32.77 13 pockets $1,566.00 $33.73 14 pockets $1,648.00 $34.69 15 pockets $1,731.00 $35.70 16 pockets $1,813.00 $36.71 17 pockets $1,896.00 $37.77 18 pockets $1,978.00 $38.83 19 pockets $2,060.00 $39.79 20 pockets $2,143.00 $40.96 21 pockets $2,225.00 $42.12 22 pockets $2,308.00 $43.23 23 pockets $2,390.00 $44.34 24 pockets $2,472.00 $45.45 25 pockets $2,555.00 $46.51 26 pockets $2,637.00 $47.57 27 pockets $2,720.00 $48.68 28 pockets $2,802.00 $49.74 29 pockets $2,885.00 $50.85 30 pockets $2,967.00 $51.91 31 pockets $3,049.00 $53.03 32 pockets $3,132.00 $54.09 33 pockets $3,214.00 $55.15 34 pockets $3,297.00 $56.26 35 pockets $3,379.00 $57.32 36 pockets $3,461.00 $58.43 -------------------------------------------------------------------------------- Rate Per/M includes all costs up through the trimming unit. Makeready prices are based on (3) machines. -------------------------------------------------------------------------------- </TABLE> <TABLE> <CAPTION> ------------------------------------------------------------------------------------------------ RATE PERFECT BINDING PREMIUMS MAKEREADY PER/M ================================================================================================ <S> <C> <C> Bind-in and Blow-in cards are counted as pockets --- --- First pocket change per stop, per machine $82.00 --- Each additional pocket change per same stop, per machine $41.00 --- Demographic Insertion (body signatures only) (ink jet required) $300.00 $4.00 Demographic Insertion (cover form only) (ink jet required) $300.00 $3.00 Demographic Insertion (body forms and cover) (ink jet required) $500.00 $6.00 Apply furnished tip-ons $60.00 $3.05 Label Aire/Dot whacker $60.00 $3.05 Handwork, per hour $20.00 --- Binder holding time, per hour $200.00 --- ------------------------------------------------------------------------------------------------ </TABLE> Page 6 Quad/Graphics Inc. May 30, 1996 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PRICE SCHEDULES -------------------------------------------------------------------------------- IN-LINE POLYWRAP & MAILING RATE WITH ONE COLOR PRE-PRINTED SITMA PLASTIC PER/M ================================================================================ <S> <C> Up to 12 pockets on perfect binder $42.67 13 pockets on perfect binder $43.08 14 pockets on perfect binder $43.58 15 pockets on perfect binder $44.04 16 pockets on perfect binder $44.49 17 pockets on perfect binder $45.05 18 pockets on perfect binder $45.50 19 pockets on perfect binder $46.06 20 pockets on perfect binder $46.56 21 pockets on perfect binder $47.02 22 pockets on perfect binder $47.62 23 pockets on perfect binder $48.23 24 pockets on perfect binder $48.88 25 pockets on perfect binder $49.49 26 pockets on perfect binder $50.15 27 pockets on perfect binder $50.80 28 pockets on perfect binder $51.41 29 pockets on perfect binder $52.07 30 pockets on perfect binder $52.67 31 pockets on perfect binder $53.33 32 pockets on perfect binder $53.98 33 pockets on perfect binder $54.59 34 pockets on perfect binder $55.25 35 pockets on perfect binder $55.85 36 pockets on perfect binder $56.51 ============================================================================= </TABLE> <TABLE> <CAPTION> ----------------------------------------------------------------------------------------------------------- RATE IN-LINE POLYWRAP & MAILING PREMIUMS MAKEREADY PER/M =========================================================================================================== <S> <C> <C> Inserts $25.50 $2.05 Pocket changes, each $50.00 --- Ink jet addressing and formatting upcharge (max 8 lines in one position) --- $2.54 Ink jet "out of pocket" upcharge (per position) $300.00 $5.00 Ink jet code & message or code only $150.00 $3.00 Demographic Insertion $300.00 $5.00 Additional colors and versions on poly film will be invoiced at cost plus 15% Label Aire/Dot whacker $60.00 $3.05 ---------------------------------------------------------------------------------------------------------- </TABLE> Page 7 Quad/Graphics Inc. May 30, 1996 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PRICE SCHEDULES -------------------------------------------------------------------------------- RATE NEWSSTAND & BULK PACKING MAKEREADY PER/M ================================================================================ <S> <C> <C> Shrinkwrap in bundles --- $13.40 Newsstand label preparation --- $1.00 Onsert newsstand letter, per bundle $0.08 --- ================================================================================ RATE OFF-LINE MAILING MAKEREADY PER/M =============================================================================== <S> <C> <C> Off-line mail with paper labels $60.00 $34.00 List changes, each $30.60 --- Insert into supplied envelopes --- $137.70 Insert into quad supplied envelopes --- $211.14 Handwork, per hour $30.00 --- ================================================================================ RATE PACKING & HANDLING MAKEREADY PER/M ================================================================================ <S> <C> <C> Off-line Polywrapping base piece $153.00 $32.15 Off-line polywrapping per insert $25.50 $2.05 Bulk in cartons, each (with attached shipping label) $1.30 --- Bulk on skids, each $15.00 --- Bulk on skids with sleeves, each $20.00 --- Tearsheets (based on per hour rate) $30.00 --- Handle furnished skids, each $15.30 --- Handling furnished stock, per cwt (as received) $0.45 --- -------------------------------------------------------------------------------- </TABLE> Page 8 Quad/Graphics Inc. May 30, 1996 <PAGE> EXHIBIT C Playboy Enterprises, Inc. - Quad/Graphics, Inc. First Amendment Paper Requirements (dated September 20, 1995) <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> -------------------------------------------------------------------------------------------- 8 1/8" x 10 7/8" Book Size ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ============================================================================================ <S> <C> <C> <C> <C> <C> 4 Page Flat Cover (4/4) 33.7500 22.750 80 1,293 37.49 4 Page Flat Cover (5/5) 33.7500 22.750 80 1,552 37.69 4 Page Flat Cover (6/6) 33.7500 22.750 80 1,810 38.08 Press Stops, each 33.7500 22.750 80 323 -- Plate Changes, per plate 33.7500 22.750 80 81 -- 6 Page Cover (4/4) 24.5000 22.750 80 1,126 51.89 6 Page Cover (5/5) 24.5000 22.750 80 1,314 52.39 6 Page Cover (6/6) 24.5000 22.750 80 1,502 53.38 Press Stops, each 24.5000 22.750 80 188 -- Plate Changes, per plate 24.5000 22.750 80 47 -- 6 Page Center (4/2) 23.1875 22.750 60 666 36.71 6 Page Center (4/4) 23.1875 22.750 60 666 36.71 6 Page Center (5/4) 23.1875 22.750 60 800 37.62 6 Page Center (5/5) 23.1875 22.750 60 800 37.62 Press Stops, each 23.1875 22.750 60 133 -- Plate Changes, per plate 23.1875 22.750 60 33 -- 2 Page Body (1/1) 33.5000 22.750 50 401 10.55 2 Page Body (2/2) 33.5000 22.750 50 481 10.67 2 Page Body (4/4) 33.5000 22.750 50 641 10.92 Page Body (5/5) 33.5000 22.750 50 802 11.05 Page Body (1/1) 33.5000 22.750 50 401 21.10 4 Page Body (2/2) 33.5000 22.750 50 481 21.35 4 Page Body (4/4) 33.5000 22.750 50 641 21.73 4 Page Body (5/5) 33.5000 22.750 50 802 21.97 4 Page Body (1/1) 33.5000 22.750 38 305 16.03 4 Page Body (2/2) 33.5000 22.750 38 366 16.22 4 Page Body (4/4) 33.5000 22.750 38 487 16.51 4 Page Body (5/5) 33.5000 22.750 38 610 16.69 4 Page Gatefold (1/1) 30.5000 22.750 50 365 19.69 4 Page Gatefold (2/2) 30.5000 22.750 50 438 19.94 4 Page Gatefold (4/4) 30.5000 22.750 50 584 20.19 4 Page Gatefold (5/5) 30.5000 22.750 50 731 20.36 Press Stops, each 30.5000 22.750 50 146 -- Plate Changes, per plate 30.5000 22.750 50 37 -- 6 Page Gatefold (4/4)(4/4) 19.1250 22.750 50 825 25.90 Press Stops, each, per web 19.1250 22.750 50 92 -- Plate Changes, per plate 19.1250 22.750 50 23 -- 8 Page Body (1/1) 33.5000 22.750 50 401 42.19 8 Page Body (2/2) 33.5000 22.750 50 481 42.70 8 Page Body (4/4) 33.5000 22.750 50 641 43.44 8 Page Body (5/5) 33.5000 22.750 50 802 43.93 8 Page Body (1/1) 33.5000 22.750 38 305 32.07 8 Page Body (2/2) 33.5000 22.750 38 366 32.45 8 Page Body (4/4) 33.5000 22.750 38 487 33.01 8 Page Body (5/5) 33.5000 22.750 38 610 33.39 </TABLE> Page 1 QUAD/GRAPHICS INC. September 20, 1995 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> ------------------------------------------------------------------------------------------------------------- 8 1/8" x 10 7/8" Book Size ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ============================================================================================================= <S> <C> <C> <C> <C> <C> 8 Page Body (1/1+1/1) 33.5000 22.750 50 642 42.82 8 Page Body (2/2+2/2) 33.5000 22.750 50 802 43.31 8 Page Body (4/4+1/1) 33.5000 22.750 50 963 43.56 8 Page Body (4/4+2/2) 33.5000 22.750 50 1,123 43.56 8 Page Body (4/4+4/4) 33.5000 22.750 50 1,284 43.56 8 Page Body (5/5+4/4) 33.5000 22.750 50 1,444 43.69 8 Page Body (5/5+5/5) 33.5000 22.750 50 1,604 44.06 8 Page Body (1/1+1/1) 33.5000 22.750 38 488 32.54 8 Page Body (2/2+2/2) 33.5000 22.750 38 610 32.92 8 Page Body (4/4+1/1) 33.5000 22.750 38 732 33.11 8 Page Body (4/4+2/2) 33.5000 22.750 38 854 33.11 8 Page Body (4/4+4/4) 33.5000 22.750 38 976 33.11 8 Page Body (5/5+4/4) 33.5000 22.750 38 1,097 33.21 8 Page Body (5/5+5/5) 33.5000 22.750 38 1,219 33.48 8 Page Gatefold (4/4) 31.7500 22.750 50 912 42.69 8 Page Gatefold (5/5) 31.7500 22.750 50 1,064 43.33 Press Stops, each 31.7500 22.750 50 152 --- Plate Changes, per plate 31.7500 22.750 50 38 --- 12 Page Body (1/1+ 33.5000 22.750 38 244 32.54 1/1) 16.7500 22.750 38 122 16.27 12 Page Body (2/2+ 33.5000 22.750 38 305 32.92 2/2) 16.7500 22.750 38 152 16.46 12 Page Body (4/4+ 33.5000 22.750 38 366 33.11 1/1) 16.7500 22.750 38 183 16.55 12 Page Body (4/4+ 33.5000 22.750 38 427 33.11 2/2) 16.7500 22.750 38 213 16.55 12 Page Body (4/4+ 33.5000 22.750 38 488 33.11 4/4) 16.7500 22.750 38 244 16.55 12 Page Body (5/5+ 33.5000 22.750 38 549 33.21 4/4) 16.7500 22.750 38 274 16.60 12 Page Body (5/5+ 33.5000 22.750 38 610 33.48 5/5) 16.7500 22.750 38 305 16.74 16 Page Body (1/1) 33.5000 22.750 38 305 64.14 16 Page Body (2/2) 33.5000 22.750 38 366 64.90 16 Page Body (4/4) 33.5000 22.750 38 487 66.02 16 Page Body (5/5) 33.5000 22.750 38 610 66.78 16 Page Body (1/1+1/1) 33.5000 22.750 38 488 65.08 16 Page Body (2/2+2/2) 33.5000 22.750 38 610 65.84 16 Page Body (4/4+1/1) 33.5000 22.750 38 732 66.21 16 Page Body (4/4+2/2) 33.5000 22.750 38 854 66.21 16 Page Body (4/4+4/4) 33.5000 22.750 38 976 66.21 16 Page Body (5/5+4/4) 33.5000 22.750 38 1,097 66.41 16 Page Body (5/5+5/5) 33.5000 22.750 38 1,219 66.97 ------------------------------------------------------------------------------------------------------------- </TABLE> Page 2 QUAD/GRAPHICS INC. September 20, 1995 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PAPER REQUIREMENTS ---------------------------------------------------------------------------------------- 8 1/8" x 10 7/8" Book Size ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ======================================================================================== <S> <C> <C> <C> <C> <C> 32 Page Body (1/1+1/1) 33.5000 22.750 38 488 130.16 32 Page Body (2/2+2/2) 33.5000 22.750 38 610 131.67 32 Page Body (4/4+1/1) 33.5000 22.750 38 732 132.42 32 Page Body (4/4+2/2) 33.5000 22.750 38 854 132.42 32 Page Body (4/4+4/4) 33.5000 22.750 38 976 132.42 32 Page Body (5/5+4/4) 33.5000 22.750 38 1,097 132.82 32 Page Body (5/5+5/5) 33.5000 22.750 38 1,219 133.94 Press Stops per web, each 33.5000 22.750 50 160 -- Press Stops per web, each 33.5000 22.750 38 122 -- Plate Changes, per plate 33.5000 22.750 50 40 -- Plate Changes, per plate 33.5000 22.750 38 30 -- ---------------------------------------------------------------------------------------- </TABLE> <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> -------------------------------------------------------------------------------- 8 1/8" x 10 7/8" Book Size ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ================================================================================ <S> <C> <C> <C> <C> <C> 4 Page Flat Cover (4/4) 33.7500 22.750 100 1,616 46.86 4 Page Flat Cover (5/5) 33.7500 22.750 100 1,940 47.11 4 Page Flat Cover (6/6) 33.7500 22.750 100 2,263 47.61 Press Stops, each 33.7500 22.750 100 404 -- Plate Changes, per plate 33.7500 22.750 100 102 -- 6 Page Cover (4/4) 24.5000 22.750 100 1,408 64.87 6 Page Cover (5/5) 24.5000 22.750 100 1,643 65.49 6 Page Cover (6/6) 24.5000 22.750 100 1,877 66.72 Press Stops, each 24.5000 22.750 100 235 -- Plate Changes, per plate 24.5000 22.750 100 59 -- 6 Page Center (4/2) 23.1875 22.750 80 888 48.95 6 Page Center (4/4) 23.1875 22.750 80 888 49.48 6 Page Center (5/4) 23.1875 22.750 80 1,066 50.16 6 Page Center (5/5) 23.1875 22.750 80 1,066 50.16 Press Stops, each 23.1875 22.750 80 178 -- Plate Changes, per plate 23.1875 22.750 80 44 -- 2 Page Body (1/1) 33.5000 22.750 80 642 16.89 2 Page Body (2/2) 33.5000 22.750 80 770 17.08 2 Page Body (4/4) 33.5000 22.750 80 1,026 17.48 2 Page Body (5/5) 33.5000 22.750 80 1,284 17.68 2 Page Body (1/1) 33.5000 22.750 60 481 12.67 2 Page Body (2/2) 33.5000 22.750 60 578 12.81 2 Page Body (4/4) 33.5000 22.750 60 769 13.11 2 Page Body (5/5) 33.5000 22.750 60 963 13.26 4 Page Body (1/1) 33.5000 22.750 60 481 25.32 4 Page Body (2/2) 33.5000 22.750 60 578 25.62 4 Page Body (4/4) 33.5000 22.750 60 769 26.07 4 Page Body (5/5) 33.5000 22.750 60 963 26.36 4 Page Body (1/1) 33.5000 22.750 40 321 16.88 4 Page Body (2/2) 33.5000 22.750 40 385 17.08 4 Page Body (4/4) 33.5000 22.750 40 513 17.38 4 Page Body (5/5) 33.5000 22.750 40 642 17.57 4 Page Gatefold (1/1) 30.5000 22.750 80 584 31.50 4 Page Gatefold (2/2) 30.5000 22.750 80 701 31.91 4 Page Gatefold (4/4) 30.5000 22.750 80 935 32.30 4 Page Gatefold (5/5) 30.5000 22.750 80 1,170 32.57 Press Stops, each 30.5000 22.750 80 234 -- Plate Changes, per plate 30.5000 22.750 80 58 -- 6 Page Gatefold (4/4)(4/4) 19.1250 22.750 80 1,320 41.44 Press Stops, each, per web 19.1250 22.750 80 147 -- Plate Changes, per plate 19.1250 22.750 80 37 -- 8 Page Body (1/1) 33.5000 22.750 60 481 50.63 8 Page Body (2/2) 33.5000 22.750 60 578 51.24 8 Page Body (4/4) 33.5000 22.750 60 769 52.12 8 Page Body (5/5) 33.5000 22.750 60 963 52.72 -------------------------------------------------------------------------------- </TABLE> Page 4 QUAD/GRAPHICS INC. September 20, 1995 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> -------------------------------------------------------------------------------- 8 1/8" x 10 7/8" Book Size ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ================================================================================ <S> <C> <C> <C> <C> <C> 8 Page Body (1/1) 33.5000 22.750 36 289 30.38 8 Page Body (2/2) 33.5000 22.750 36 347 30.74 8 Page Body (4/5) 33.5000 22.750 36 462 31.27 8 Page Body (5/5) 33.5000 22.750 36 578 31.63 8 Page Body (1/1+1/1) 33.5000 22.750 60 770 51.38 8 Page Body (2/2+2/2) 33.5000 22.750 60 963 51.98 8 Page Body (4/4+1/1) 33.5000 22.750 60 1,155 52.27 8 Page Body (4/4+2/2) 33.5000 22 750 60 1,348 52.27 8 Page Body (4/4+4/4) 33.5000 22 750 60 1,540 52.27 8 Page Body (5/5+4/4) 33.5000 22.750 60 1,733 52.43 8 Page Body (5/5+5/5) 33.5000 22.750 60 1,925 52.87 8 Page Body (1/1+1/1) 33.5000 22.750 36 462 30.83 8 Page Body (2/2+2/2) 33.5000 22.750 36 578 31.19 8 Page Body (4/4+1/1) 33.5000 22.750 36 693 31.36 8 Page Body (4/4+2/2) 33.5000 22.750 36 809 31.36 8 Page Body (4/4+4/4) 33.5000 22.750 36 924 31.36 8 Page Body (5/5+4/4) 33.5000 22.750 36 1,040 31.46 8 Page Body (5/5+5/5) 33.5000 22.750 36 1,155 31.72 8 Page Gatefold (4/4) 31.7500 22.750 60 1,095 51.23 8 Page Gatefold (5/5) 31.7500 22.750 60 1,277 51.99 Press Stops, each 31.7500 22.750 60 182 -- Plate Changes, per plate 31.7500 22.750 60 46 -- 12 Page Body (1/1+ 33.5000 22.750 36 231 30.83 1/1) 16.7500 22.750 36 116 15.41 12 Page Body (2/2+ 33.5000 22.750 36 289 31.19 2/2) 16.7500 22.750 36 144 15.59 12 Page Body (4/4+ 33.5000 22.750 36 347 31.36 1/1) 16.7500 22.750 36 173 15.68 12 Page Body (4/4+ 33.5000 22.750 36 404 31.36 2/2) 16.7500 22.750 36 202 15.68 12 Page Body (4/4+ 33.5000 22.750 36 462 31.36 4/4) 16.7500 22.750 36 231 15.68 12 Page Body (5/5+ 33.5000 22.750 36 520 31.46 4/4) 16.7500 22.750 36 260 15.73 12 Page Body (5/5+ 33.5000 22.750 36 578 31.72 5/5) 16.7500 22.750 36 289 15.86 16 Page Body (1/1) 33.5000 22.750 36 289 60.76 16 Page Body (2/2) 33.5000 22.750 36 347 61.48 16 Page Body (4/4) 33.5000 22.750 36 462 62.55 16 Page Body (5/5) 33.5000 22.750 36 578 63.27 -------------------------------------------------------------------------------- </TABLE> Page 5 QUAD/GRAPHICS INC. September 20, 1995 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> ------------------------------------------------------------------------------ 8 1/8" x 10 7/8" Book Size ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ============================================================================== <S> <C> <C> <C> <C> <C> 16 Page Body (1/1+1/1) 33.5000 22.750 36 462 61.65 16 Page Body (2/2+2/2) 33.5000 22.750 36 578 62.37 16 Page Body (4/4+1/1) 33.5000 22.750 36 693 62.73 16 Page Body (4/4+2/2) 33.5000 22.750 36 809 62.73 16 Page Body (4/4+4/4) 33.5000 22.750 36 924 62.73 16 Page Body (5/5+4/4) 33.5000 22.750 36 1,040 62.92 16 Page Body (5/5+5/5) 33.5000 22.750 36 1,155 63.44 32 Page Body (1/1+1/1) 33.5000 22.750 36 462 123.31 32 Page Body (2/2+2/2) 33.5000 22.750 36 578 124.74 32 Page Body (4/4+1/1) 33.5000 22.750 36 693 125.45 32 Page Body (4/4+2/2) 33.5000 22.750 36 809 125.45 32 Page Body (4/4+4/4) 33.5000 22.750 36 924 125.45 32 Page Body (5/5+4/4) 33.5000 22.750 36 1,040 125.83 32 Page Body (5/5+5/5) 33.5000 22.750 36 1,155 126.89 Press Stops, per web, each 33.5000 22.750 80 257 -- Press Stops, per web, each 33.5000 22.750 60 193 -- Press Stops, per web, each 33.5000 22.750 36 116 -- Plate Changes, per plate 33.5000 22.750 80 64 -- Plate Changes, per plate 33.5000 22.750 60 48 -- Plate Changes, per plate 33.5000 22.750 36 29 -- ------------------------------------------------------------------------------ </TABLE> Page 6 QUAD/GRAPHICS INC. September 20,1995 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PAPER REQUIREMENTS ------------------------------------------------------------------------------------------ 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ========================================================================================== <S> <C> <C> <C> <C> <C> 12 Page Body (4/4) 66.875 33.500 38 4,481 47.82 12 Page Body (5/5) 66.875 33.500 38 5,377 48.51 16 Page Body (4/4) 89.125 33.500 38 5,971 63.73 16 Page Body (5/5) 89.125 33.500 38 7,166 65.25 20 Page Body (4/4) 55.750 33.500 38 3,735 79.74 20 Page Body (5/5) 55.750 33.500 38 4,482 80.89 24 Page Body (4/4) 66.875 33.500 38 4,481 95.65 24 Page Body (5/5) 66.875 33.500 38 5,377 97.03 28 Page Body (4/4) 78.000 33.500 38 5,226 111.56 28 Page Body (5/5) 78.000 33.500 38 6,271 113.17 32 Page Body (4/4) 89.125 33.500 38 5,971 127.47 32 Page Body (5/5) 89.125 33.500 38 7,166 129.31 36 Page Body (4/4) 66.875 50.250 38 6,721 143.47 36 Page Body (5/5) 66.875 50.250 38 8,065 145.54 40 Page Body (4/4) 55.750 33.500 38 3,735 159.47 40 Page Body (5/5) 55.750 33.500 38 4,482 161.77 48 Page Body (4/4) 89.125 50.250 38 8,957 191.20 48 Page Body (5/5) 89.125 50.250 38 10,748 193.96 48 Page Body (4/4) 66.875 33.500 38 4,481 191.29 48 Page Body (5/5) 66.875 33.500 38 5,377 194.05 56 Page Body (4/4) 78.000 33.500 38 5,226 223.12 56 Page Body (5/5) 78.000 33.500 38 6,271 226.34 60 Page Body (4/4) 55.750 50.250 38 5,603 239.21 60 Page Body (5/5) 55.750 50.250 38 6,723 242.66 64 Page Body (4/4) 89.125 33.500 38 5,971 254.94 64 Page Body (5/5) 89.125 33.500 38 7,166 258.62 72 Page Body (4/4) 66.875 50.250 38 6,721 286.94 72 Page Body (5/5) 66.875 50.250 38 8,065 291.08 84 Page Body (4/4) 78.000 50.250 38 7,839 334.68 84 Page Body (5/5) 78.000 50.250 38 9,407 339.50 96 Page Body (4/4) 89.125 50.250 38 8,957 382.41 96 Page Body (5/5) 89.125 50.250 38 10,748 387.93 Cylinder Changes, per cylinder 55.750 33.500 38 374 -- Cylinder Changes, per cylinder 66.875 33.500 38 448 -- Cylinder Changes, per cylinder 78.000 33.500 38 523 -- Cylinder Changes, per cylinder 89.125 33.500 38 597 -- Cylinder Changes, per cylinder 55.750 50.250 38 560 -- Cylinder Changes, per cylinder 66.875 50.250 38 672 -- Cylinder Changes, per cylinder 78.000 50.250 38 784 -- Cylinder Changes, per cylinder 89.125 50.250 38 896 -- ------------------------------------------------------------------------------------------ </TABLE> Page 7 QUAD/GRAPHICS INC. September 20, 1995 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> ------------------------------------------------------------------------------------------------------ 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ====================================================================================================== <S> <C> <C> <C> <C> <C> 12 Page Body (4/4) 66.875 33.500 36 4,245 45.31 12 Page Body (5/5) 66.875 33.500 36 5,094 45.96 16 Page Body (4/4) 89.125 33.500 36 5,657 60.38 16 Page Body (5/5) 89.125 33.500 36 6,789 61.81 20 Page Body (4/4) 55.750 33.500 36 3,539 75.54 20 Page Body (5/5) 55.750 33.500 36 4,246 76.63 24 Page Body (4/4) 66.875 33.500 36 4,245 90.61 24 Page Body (5/5) 66.875 33.500 36 5,094 91.92 28 Page Body (4/4) 78.000 33.500 36 4,951 105.69 28 Page Body (5/5) 78.000 33.500 36 5,941 107.21 32 Page Body (4/4) 89.125 33.500 36 5,657 120.76 32 Page Body (5/5) 89.125 33.500 36 6,789 122.50 36 Page Body (4/4) 66.875 50.250 36 6,367 135.92 36 Page Body (5/5) 66.875 50.250 36 7,641 137.88 40 Page Body (4/4) 55.750 33.500 36 3,539 151.08 40 Page Body (5/5) 55.750 33.500 36 4,246 153.26 48 Page Body (4/4) 89.125 50.250 36 8,486 181.14 48 Page Body (5/5) 89.125 50.250 36 10,183 183.75 48 Page Body (4/4) 66.875 33.500 36 4,245 181.23 48 Page Body (5/5) 66.875 33.500 36 5,094 183.84 56 Page Body (4/4) 78.000 33.500 36 4,951 211.37 56 Page Body (5/5) 78.000 33.500 36 5,941 214.42 60 Page Body (4/4) 55.750 50.250 36 5,308 226.62 60 Page Body (5/5) 55.750 50.250 36 6,370 229.89 64 Page Body (4/4) 89.125 33.500 36 5,657 241.52 64 Page Body (5/5) 89.125 33.500 36 6,789 245.01 72 Page Body (4/4) 66.875 50.250 36 6,367 271.84 72 Page Body (5/5) 66.875 50.250 36 7,641 275.76 84 Page Body (4/4) 78.000 50.250 36 7,426 317.06 84 Page Body (5/5) 78.000 50.250 36 8,912 321.63 96 Page Body (4/4) 89.125 50.250 36 8,486 362.28 96 Page Body (5/5) 89.125 50.250 36 10,183 367.51 Cylinder Changes, per cylinder 55.750 33.500 36 354 --- Cylinder Changes, per cylinder 66.875 33.500 36 424 --- Cylinder Changes, per cylinder 78.000 33.500 36 495 --- Cylinder Changes, per cylinder 89.125 33.500 36 566 --- Cylinder Changes, per cylinder 55.750 50.250 36 531 --- Cylinder Changes, per cylinder 66.875 50.250 36 637 --- Cylinder Changes, per cylinder 78.000 50.250 36 743 --- Cylinder Changes, per cylinder 89.125 50.250 36 849 --- </TABLE> Page 8 QUAD/GRAPHICS INC. September 20, 1995 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> <S> <C> <C> <C> <C> <C> -------------------------------------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ============================================================================================================= 12 Page Body (4/4) 66.875 33.500 45 5,306 56.63 12 Page Body (5/5) 66.875 33.500 45 6,367 57.45 16 Page Body (4/4) 89.125 33.500 45 7,071 75.48 16 Page Body (5/5) 89.125 33.500 45 8,486 77.27 20 Page Body (4/4) 55.750 33.500 45 4,423 94.42 20 Page Body (5/5) 55.750 33.500 45 5,308 95.79 24 Page Body (4/4) 66.875 33.500 45 5,306 113.27 24 Page Body (5/5) 66.875 33.500 45 6,367 114.90 28 Page Body (4/4) 78.000 33.500 45 6,189 132.11 28 Page Body (5/5) 78.000 33.500 45 7,426 134.01 32 Page Body (4/4) 89.125 33.500 45 7,071 150.95 32 Page Body (5/5) 89.125 33.500 45 8,486 153.13 36 Page Body (4/4) 66.875 50.250 45 7,959 169.90 36 Page Body (5/5) 66.875 50.250 45 9,551 172.35 40 Page Body (4/4) 55.750 33.500 45 4,423 188.85 40 Page Body (5/5) 55.750 33.500 45 5,308 191.57 48 Page Body (4/4) 89.125 50.250 45 10,607 226.43 48 Page Body (5/5) 89.125 50.250 45 12,728 229.69 48 Page Body (4/4) 66.875 33.500 45 5,306 226.53 48 Page Body (5/5) 66.875 33.500 45 6,367 229.80 56 Page Body (4/4) 78.000 33.500 45 6,189 264.22 56 Page Body (5/5) 78.000 33.500 45 7,426 268.03 60 Page Body (4/4) 55.750 50.250 45 6,635 283.27 60 Page Body (5/5) 55.750 50.250 45 7,962 287.36 64 Page Body (4/4) 89.125 33.500 45 7,071 301.90 64 Page Body (5/5) 89.125 33.500 45 8,486 306.26 72 Page Body (4/4) 66.875 50.250 45 7,959 339.80 72 Page Body (5/5) 66.875 50.250 45 9,551 344.70 84 Page Body (4/4) 78.000 50.250 45 9,283 396.33 84 Page Body (5/5) 78.000 50.250 45 11,140 402.04 96 Page Body (4/4) 89.125 50.250 45 10,607 452.85 96 Page Body (5/5) 89.125 50.250 45 12,728 459.39 Cylinder Changes, per cylinder 55.750 33.500 45 442 -- Cylinder Changes, per cylinder 66.875 33.500 45 531 -- Cylinder Changes, per cylinder 78.000 33.500 45 619 -- Cylinder Changes, per cylinder 89.125 33.500 45 707 -- Cylinder Changes, per cylinder 55.750 50.250 45 663 -- Cylinder Changes, per cylinder 66.875 50.250 45 796 -- Cylinder Changes, per cylinder 78.000 50.250 45 928 -- Cylinder Changes, per cylinder 89.125 50.250 45 1,061 -- -------------------------------------------------------------------------------------------------------------- Page 9 QUAD/GRAPHICS INC. September 20, 1995 </TABLE> <PAGE> September 9, 1996 [QUAD/GRAPHICS LOGO] TO: Maria Mandis FROM: Jackie Luedtke RE: Revised Paper Requirements -------------------------------------------------------------------------------- Please find attached a copy of the revised paper requirements as per your request. These requirements are to replace Exhibit C which is attached to the new one year Amendment that was signed between Playboy and Quad/Graphics. I am sorry for any inconvenience this may have caused you in the interim. Please let me know if I can help with anything else. Thank You. QUAD/LOMIRA 952 Badger Road, Lomira, Wisconsin 53048-9999 PHONE 414-269-4700 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ======================================================================================================= <S> <C> <C> <C> <C> <C> 4 Page Flat Cover (4/4) 33.7500 22.750 100 1,616 46.86 4 Page Flat Cover (5/5) 33.7500 22.750 100 1,940 47.11 4 Page Flat Cover (6/6) 33.7500 22.750 100 2,263 47.61 Press Stops, each 33.7500 22.750 100 404 --- Plate Changes, per plate 33.7500 22.750 100 102 --- 6 Page Cover (4/4) 24.5000 22.750 80 1,126 51.89 6 Page Cover (5/5) 24.5000 22.750 80 1,314 52.39 6 Page Cover (6/6) 24.5000 22.750 80 1,502 53.38 Press Stops, each 24.5000 22.750 80 188 --- Plate Changes, per plate 24.5000 22.750 80 47 --- 6 Page Center (4/2) 23.1875 22.750 60 666 36.71 6 Page Center (4/4) 23.1875 22.750 60 666 37.11 6 Page Center (5/4) 23.1875 22.750 60 800 37.62 6 Page Center (5/5) 23.1875 22.750 60 800 37.62 Press Stops, each 23.1875 22.750 60 133 --- Plate Changes, per plate 23.1875 22.750 60 33 --- 2 Page Body (1/1) 33.5000 22.750 50 401 10.55 2 Page Body (2/2) 33.5000 22.750 50 481 10.67 2 Page Body (4/4) 33.5000 22.750 50 641 10.92 2 Page Body (5/5) 33.5000 22.750 50 802 11.05 4 Page Body (1/1) 33.5000 22.750 50 401 21.10 4 Page Body (2/2) 33.5000 22.750 50 481 21.35 4 Page Body (4/4) 33.5000 22.750 50 641 21.73 4 Page Body (5/5) 33.5000 22.750 50 802 21.97 4 Page Body (1/1) 33.5000 22.750 40 321 16.88 4 Page Body (2/2) 33.5000 22.750 40 385 17.08 4 Page Body (4/4) 33.5000 22.750 40 513 17.38 4 Page Body (5/5) 33.5000 22.750 40 642 17.57 4 Page Gatefold (1/1) 30.5000 22.750 60 438 23.63 4 Page Gatefold (2/2) 30.5000 22.750 60 526 23.93 4 Page Gatefold (4/4) 30.5000 22.750 60 701 24.23 4 Page Gatefold (5/5) 30.5000 22.750 60 877 24.43 Press Stops, each 30.5000 22.750 60 175 --- Plate Changes, per plate 30.5000 22.750 60 44 --- 6 Page Gatefold (4/4)(4/4) 19.1250 22.750 60 990 31.08 Press Stops, each, per web 19.1250 22.750 60 110 --- Plate Changes, per plate 19.1250 22.750 60 27 --- 8 Page Body (1/1) 33.5000 22.750 50 401 42.19 8 Page Body (2/2) 33.5000 22.750 50 481 42.70 8 Page Body (4/4) 33.5000 22.750 50 641 43.44 8 Page Body (5/5) 33.5000 22.750 50 802 43.93 8 Page Body (1/1) 33.5000 22.750 40 321 33.76 8 Page Body (2/2) 33.5000 22.750 40 385 34.16 8 Page Body (4/4) 33.5000 22.750 40 513 34.75 8 Page Body (5/5) 33.5000 22.750 40 642 35.15 ------------------------------------------------------------------------------------------------------- </TABLE> Page 1 Quad / Graphics Inc. September 9, 1996 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> --------------------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M --------------------------------------------------------------------------------------------- <S> <C> <C> <C> <C> <C> 8 Page Body (1/1+1/1) 33.5000 22.750 50 642 42.82 8 Page Body (2/2+2/2) 33.5000 22.750 50 802 43.31 8 Page Body (4/4+1/1) 33.5000 22.750 50 963 43.56 8 Page Body (4/4+2/2) 33.5000 22.750 50 1,123 43.56 8 Page Body (4/4+4/4) 33.5000 22.750 50 1,284 43.56 8 Page Body (5/5+4/4) 33.5000 22.750 50 1,444 43.69 8 Page Body (5/5+5/5) 33.5000 22.750 50 1,604 44.06 8 Page Body (1/1+1/1) 33.5000 22.750 40 513 34.25 8 Page Body (2/2+2/2) 33.5000 22.750 40 642 34.65 8 Page Body (4/4+1/1) 33.5000 22.750 40 770 34.85 8 Page Body (4/4+2/2) 33.5000 22.750 40 899 34.85 8 Page Body (4/4+4/4) 33.5000 22.750 40 1,027 34.85 8 Page Body (5/5+4/4) 33.5000 22.750 40 1,155 34.95 8 Page Body (5/5+5/5) 33.5000 22.750 40 1,284 35.25 8 Page Gatefold (4/4) 31.7500 22.750 60 1,095 51.23 8 Page Gatefold (5/5) 31.7500 22.750 60 1,277 51.99 Press Stops, each 31.7500 22.750 60 182 -- Plate Changes, per plate 31.7500 22.750 60 46 -- 12 PageBody (1/1+ 33.5000 22.750 40 257 34.25 1/1) 16.7500 22.750 40 128 17.13 12 Page Body (2/2+ 33.5000 22.750 40 321 34.65 2/2) 16.7500 22.750 40 160 17.33 12 Page Body (4/4+ 33.5000 22.750 40 385 34.85 1/1) 16.7500 22.750 40 193 17.42 12 Page Body (4/4+ 33.5000 22 750 40 449 34.85 2/2) 16.7500 22.750 40 225 17.42 12 Page Body (4/4+ 33.5000 22.750 40 513 34.85 4/4) 16.7500 22.750 40 257 17.42 12 Page Body (5/5+ 33.5000 22.750 40 578 34.95 4/4) 16.7500 22.750 40 289 17.48 12 Page Body (5/5+ 33.5000 22.750 40 642 35.25 5/5) 16.7500 22.750 40 321 17.62 16 Page Body (1/1) 33.5000 22.750 40 321 67.51 16 Page Body (2/2) 33.5000 22.750 40 385 68.31 16 Page Body (4/4) 33.5000 22.750 40 513 69.50 16 Page Body (5/5) 33.5000 22.750 40 642 70.30 16 Page Body (1/1+1/1) 33.5000 22.750 40 513 68.51 16 Page Body (2/2+2/2) 33.5000 22.750 40 642 69.30 16 Page Body (4/4+1/1) 33.5000 22.750 40 770 69.70 16 Page Body (4/4+2/2) 33.5000 22 750 40 899 69.70 16 Page Body (4/4+4/4) 33.5000 22.750 40 1,027 69.70 16 Page Body (5/5+4/4) 33.5000 22.750 40 1,155 69.91 16 Page Body (5/5+5/5) 33.5000 22.750 40 1,284 70.49 --------------------------------------------------------------------------------------------- </TABLE> Page 2 Quad / Graphics Inc. September 9, 1996 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PAPER REQUIREMENTS ------------------------------------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ============================================================================================================= <S> <C> <C> <C> <C> <C> 32 Page Body (1/1+1/1) 33.5000 22.750 40 513 137.01 32 Page Body (2/2+2/2) 33.5000 22.750 40 642 138.60 32 Page Body (4/4+1/1) 33.5000 22.750 40 770 139.39 32 Page Body (4/4+2/2) 33.5000 22.750 40 899 139.39 32 Page Body (4/4+4/4) 33.5000 22.750 40 1,027 139.39 32 Page Body (5/5+4/4) 33.5000 22.750 40 1,155 139.81 32 Page Body (5/5+5/5) 33.5000 22.750 40 1,284 140.99 Press Stops, per web, each 33.5000 22.750 50 160 -- Press Stops, per web, each 33.5000 22.750 40 128 -- Plate Changes, per plate 33.5000 22.750 50 40 -- Plate Changes, per plate 33.5000 22.750 40 32 -- ------------------------------------------------------------------------------------------------------------- </TABLE> Page 3 Quad/Graphics Inc. September 9, 1996 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> -------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ================================================================================ <S> <C> <C> <C> <C> <C> 4 Page Flat Cover (4/4) 33.7500 22.750 100 1,616 46.86 4 Page Flat Cover (5/5) 33.7500 22.750 100 1,940 47.11 4 Page Flat Cover (6/6) 33.7500 22.750 100 2,263 47.61 Press Stops, each 33.7500 22.750 100 404 -- Plate Changes, per plate 33.7500 22.750 100 102 -- 6 Page Cover (4/4) 24.5000 22.750 100 1,408 64.87 6 Page Cover (5/5) 24.5000 22.750 100 1,643 65.49 6 Page Cover (6/6) 24.5000 22.750 100 1,877 66.72 Press Stops, each 24.5000 22.750 100 235 -- Plate Changes, per plate 24.5000 22.750 100 59 -- 6 Page Center (4/2) 23.1875 22.750 80 888 48.95 6 Page Center (4/4) 23.1875 22.750 80 888 49.48 6 Page Center (5/4) 23.1875 22.750 80 1,066 50.16 6 Page Center (5/5) 23.1875 22.750 80 1,066 50.16 Press Stops, each 23.1875 22.750 80 178 -- Plate Changes, per plate 23.1875 22.750 80 44 -- 2 Page Body (1/1) 33.5000 22.750 80 642 16.89 2 Page Body (2/2) 33.5000 22.750 80 770 17.08 2 Page Body (4/4) 33.5000 22.750 80 1,026 17.48 2 Page Body (5/5) 33.5000 22.750 80 1,284 17.68 2 Page Body (1/1) 33.5000 22.750 60 481 12.67 2 Page Body (2/2) 33.5000 22.750 60 578 12.81 2 Page Body (4/4) 33.5000 22.750 60 769 13.11 2 Page Body (5/5) 33.5000 22.750 60 963 13.26 4 Page Body (1/1) 33.5000 22 750 60 481 25.32 4 Page Body (2/2) 33.5000 22.750 60 578 25.62 4 Page Body (4/4) 33.5000 22.750 60 769 26.07 4 Page Body (5/5) 33.5000 22.750 60 963 26.36 4 Page Body (1/1) 33.5000 22.750 40 321 16.88 4 Page Body (2/2) 33.5000 22.750 40 385 17.08 4 Page Body (4/4) 33.5000 22.750 40 513 17.38 4 Page Body (5/5) 33.5000 22.750 40 642 17.57 4 Page Gatefold (1/1) 30.5000 22.750 80 584 31.50 4 Page Gatefold (2/2) 30.5000 22.750 80 701 31.91 4 Page Gatefold (4/4) 30.5000 22.750 80 935 32.30 4 Page Gatefold (5/5) 30.5000 22.750 80 1,170 32.57 Press Stops, each 30.5000 22.750 80 234 -- Plate Changes, per plate 30.5000 22.750 80 58 -- 6 Page Gatefold (4/4)(4/4) 19.1250 22.750 80 1,320 41.44 Press Stops, each, per web 19.1250 22.750 80 147 -- Plate Changes, per plate 19.1250 22.750 80 37 -- 8 Page Body (1/1) 33.5000 22.750 60 481 50.63 8 Page Body (2/2) 33.5000 22.750 60 578 51.24 8 Page Body (4/4) 33.5000 22.750 60 769 52.12 8 Page Body (5/5) 33.5000 22.750 60 963 52.72 -------------------------------------------------------------------------------- </TABLE> Page 4 Quad / Graphics Inc. September 9, 1996 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> -------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ================================================================================ <S> <C> <C> <C> <C> <C> 8 Page Body (1/1+1/1) 33.5000 22.750 60 770 51.38 8 Page Body (2/2+2/2) 33.5000 22.750 60 963 51.98 8 Page Body (4/4+1/1) 33.5000 22.750 60 1,155 52.27 8 Page Body (4/4+2/2) 33.5000 22.750 60 1,348 52.27 8 Page Body (4/4+4/4) 33.5000 22.750 60 1,540 52.27 8 Page Body (5/5+4/4) 33.5000 22.750 60 1,733 52.43 8 Page Body (5/5+5/5) 33.5000 22.750 60 1,925 52.87 8 Page Gatefold (4/4) 31.7500 22.750 60 1,095 51.23 8 Page Gatefold (5/5) 31.7500 22.750 60 1,277 51.99 Press Stops, each 31.7500 22.750 60 182 -- Plate Changes, per plate 31.7500 22.750 60 46 -- Press Stops, per web, each 33.5000 22.750 80 257 -- Press Stops, per web, each 33.5000 22.750 60 193 -- Plate Changes, per plate 33.5000 22.750 80 64 -- Plate Changes, per plate 33.5000 22.750 60 48 -- -------------------------------------------------------------------------------- </TABLE> Page 5 Quad / Graphics Inc. September 9, 1996 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> --------------------------------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ========================================================================================================== <S> <C> <C> <C> <C> <C> 12 Page Body (4/4) 66.875 33.500 40 4,716 50.34 12 Page Body (5/5) 66.875 33.500 40 5,660 51.07 16 Page Body (4/4) 89.125 33.500 40 6,286 67.09 16 Page Body (5/5) 89.125 33.500 40 7,543 68.68 20 Page Body (4/4) 55.750 33.500 40 3,932 83.93 20 Page Body (5/5) 55.750 33.500 40 4,718 85.14 24 Page Body (4/4) 66.875 33.500 40 4,716 100.68 24 Page Body (5/5) 66.875 33.500 40 5,660 102.13 28 Page Body (4/4) 78.000 33.500 40 5,501 117.43 28 Page Body (5/5) 78.000 33.500 40 6,601 119.12 32 Page Body (4/4) 89.125 33.500 40 6,286 134.18 32 Page Body (5/5) 89.125 33.500 40 7,543 136.11 36 Page Body (4/4) 66.875 50.250 40 7,075 151.02 36 Page Body (5/5) 66.875 50.250 40 8,490 153.20 40 Page Body (4/4) 55.750 33.500 40 3,932 167.86 40 Page Body (5/5) 55.750 33.500 40 4,718 170.29 48 Page Body (4/4) 89.125 50.250 40 9,428 201.27 48 Page Body (5/5) 89.125 50.250 40 11,314 204.17 48 Page Body (4/4) 66.875 33.500 40 4,716 201.36 48 Page Body (5/5) 66.875 33.500 40 5,660 204.27 56 Page Body (4/4) 78.000 33.500 40 5,501 234.86 56 Page Body (5/5) 78.000 33.500 40 6,601 238.25 60 Page Body (4/4) 55.750 50.250 40 5,898 251.80 60 Page Body (5/5) 55.750 50.250 40 7,077 255.43 64 Page Body (4/4) 89.125 33.500 40 6,286 268.36 64 Page Body (5/5) 89.125 33.500 40 7,543 272.23 72 Page Body (4/4) 66.875 50.250 40 7,075 302.04 72 Page Body (5/5) 66.875 50.250 40 8,490 306.40 84 Page Body (4/4) 78.000 50.250 40 8,252 352.29 84 Page Body (5/5) 78.000 50.250 40 9,902 357.37 96 Page Body (4/4) 89.125 50.250 40 9,428 402.54 96 Page Body (5/5) 89.125 50.250 40 11,314 408.34 Cylinder Changes, per cylinder 55.750 33.500 40 393 --- Cylinder Changes, per cylinder 66.875 33.500 40 472 --- Cylinder Changes, per cylinder 78.000 33.500 40 550 --- Cylinder Changes, per cylinder 89.125 33.500 40 629 --- Cylinder Changes, per cylinder 55.750 50.250 40 590 --- Cylinder Changes, per cylinder 66.875 50.250 40 707 --- Cylinder Changes, per cylinder 78.000 50.250 40 825 --- Cylinder Changes, per cylinder 89.125 50.250 40 943 --- ---------------------------------------------------------------------------------------------------------- </TABLE> Page 6 Quad / Graphics Inc. September 9, 1996 <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PAPER REQUIREMENTS ---------------------------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ==================================================================================================== <S> <C> <C> <C> <C> <C> 12 Page Body (4/4) 66.875 33.500 45 5,306 56.63 12 Page Body (5/5) 66.875 33.500 45 6,367 57.45 16 Page Body (4/4) 89.125 33.500 45 7,071 75.48 16 Page Body (5/5) 89.125 33.500 45 8,486 77.27 20 Page Body (4/4) 55.750 33.500 45 4,423 94.42 20 Page Body (5/5) 55.750 33.500 45 5,308 95.79 24 Page Body (4/4) 66.875 33.500 45 5,306 113.27 24 Page Body (5/5) 66.875 33.500 45 6,367 114.90 28 Page Body (4/4) 78.000 33.500 45 6,189 132.11 28 Page Body (5/5) 78.000 33.500 45 7,426 134.01 32 Page Body (4/4) 89.125 33.500 45 7,071 150.95 32 Page Body (5/5) 89.125 33.500 45 8,486 153.13 36 Page Body (4/4) 66.875 50.250 45 7,959 169.90 36 Page Body (5/5) 66.875 50.250 45 9,551 172.35 40 Page Body (4/4) 55.750 33.500 45 4,423 188.85 40 Page Body (5/5) 55.750 33.500 45 5,308 191.57 48 Page Body (4/4) 89.125 50.250 45 10,607 226.43 48 Page Body (5/5) 89.125 50.250 45 12,728 229.69 48 Page Body (4/4) 66.875 33.500 45 5,306 226.53 48 Page Body (5/5) 66.875 33.500 45 6,367 229.80 56 Page Body (4/4) 78.000 33.500 45 6,189 264.22 56 Page Body (5/5) 78.000 33.500 45 7,426 268.03 60 Page Body (4/4) 55.750 50.250 45 6,635 283.27 60 Page Body (5/5) 55.750 50.250 45 7,962 287.36 64 Page Body (4/4) 89.125 33.500 45 7,071 301.90 64 Page Body (5/5) 89.125 33.500 45 8,486 306.26 72 Page Body (4/4) 66.875 50.250 45 7,959 339.80 72 Page Body (5/5) 66.875 50.250 45 9,551 344.70 84 Page Body (4/4) 78.000 50.250 45 9,283 396.33 84 Page Body (5/5) 78.000 50.250 45 11,140 402.04 96 Page Body (4/4) 89.125 50.250 45 10,607 452.85 96 Page Body (5/5) 89.125 50.250 45 12,728 459.39 Cylinder Changes, per cylinder 55.750 33.500 45 442 -- Cylinder Changes, per cylinder 66.875 33.500 45 531 -- Cylinder Changes, per cylinder 78.000 33.500 45 619 -- Cylinder Changes, per cylinder 89.125 33.500 45 707 -- Cylinder Changes, per cylinder 55.750 50.250 45 663 -- Cylinder Changes, per cylinder 66.875 50.250 45 796 -- Cylinder Changes, per cylinder 78.000 50.250 45 928 -- Cylinder Changes, per cylinder 89.125 50.250 45 1,061 -- ---------------------------------------------------------------------------------------------------- </TABLE> Page 7 Quad / Graphics Inc. September 9, 1996 <PAGE> PLAYBOY ENTERPRISES PAPER REQUIREMENTS <TABLE> <CAPTION> ---------------------------------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ========================================================================================================== <S> <C> <C> <C> <C> <C> 12 Page Body (4/4) 66.875 33.500 50 5,896 62.93 12 Page Body (5/5) 66.875 33.500 50 7,075 63.83 16 Page Body (4/4) 89.125 33.500 50 7,857 83.86 16 Page Body (5/5) 89.125 33.500 50 9,428 85.85 20 Page Body (4/4) 55.750 33.500 50 4,915 104.92 20 Page Body (5/5) 55.750 33.500 50 5,898 106.43 24 Page Body (4/4) 66.875 33.500 50 5,896 125.85 24 Page Body (5/5) 66.875 33.500 50 7,075 127.67 28 Page Body (4/4) 78.000 33.500 50 6,876 146.79 28 Page Body (5/5) 78.000 33.500 50 8,252 148.90 32 Page Body (4/4) 89.125 33.500 50 7,857 167.72 32 Page Body (5/5) 89.125 33.500 50 9,428 170.14 36 Page Body (4/4) 66.875 50.250 50 8,843 188.78 36 Page Body (5/5) 66.875 50.250 50 10,612 191.50 40 Page Body (4/4) 55.750 33.500 50 4,915 209.83 40 Page Body (5/5) 55.750 33.500 50 5,898 212.86 48 Page Body (4/4) 89.125 50.250 50 11,786 251.58 48 Page Body (5/5) 89.125 50.250 50 14,143 255.21 48 Page Body (4/4) 66.875 33.500 50 5,896 251.70 48 Page Body (5/5) 66.875 33.500 50 7,075 255.33 56 Page Body (4/4) 78.000 33.500 50 6,876 293.57 56 Page Body (5/5) 78.000 33.500 50 8,252 297.81 60 Page Body (4/4) 55.750 50.250 50 7,372 314.75 60 Page Body (5/5) 55.750 50.250 50 8,847 319.29 64 Page Body (4/4) 89.125 33.500 50 7,857 335.45 64 Page Body (5/5) 89.125 33.500 50 9,428 340.29 72 Page Body (4/4) 66.875 50.250 50 8,843 377.55 72 Page Body (5/5) 66.875 50.250 50 10,612 383.00 84 Page Body (4/4) 78.000 50.250 50 10,314 440.36 84 Page Body (5/5) 78.000 50.250 50 12,377 446.71 96 Page Body (4/4) 89.125 50.250 50 11,786 503.17 96 Page Body (5/5) 89.125 50.250 50 14,143 510.43 Cylinder Changes, per cylinder 55.750 33.500 50 491 - Cylinder Changes, per cylinder 66.875 33.500 50 590 - Cylinder Changes, per cylinder 78.000 33.500 50 688 - Cylinder Changes, per cylinder 89.125 33.500 50 786 - Cylinder Changes, per cylinder 55.750 50.250 50 737 - Cylinder Changes, per cylinder 66.875 50.250 50 884 - Cylinder Changes, per cylinder 78.000 50.250 50 1,031 - Cylinder Changes, per cylinder 89.125 50.250 50 1,179 - --------------------------------------------------------------------------------------------------------- </TABLE> September 9, 1996 Page 8 Quad / Graphics Inc. <PAGE> <TABLE> <CAPTION> PLAYBOY ENTERPRISES PAPER REQUIREMENTS -------------------------------------------------------------------------------- 8 1/8" X 10 7/8" BOOK SIZE ROLL CYL. BASIS RATE PAPER REQUIREMENTS WIDTH SIZE WEIGHT MAKEREADY PER/M ================================================================================ <S> <C> <C> <C> <C> <C> 12 Page Body (4/4) 66.875 33.500 60 7,075 75.51 12 Page Body (5/5) 66.875 33.500 60 8,490 76.60 16 Page Body (4/4) 89.125 33.500 60 9,428 100.63 16 Page Body (5/5) 89.125 33.500 60 11,314 103.02 20 Page Body (4/4) 55.750 33.500 60 5,898 125.90 20 Page Body (5/5) 55.750 33.500 60 7,077 127.71 24 Page Body (4/4) 66.875 33.500 60 7,075 151.02 24 Page Body (5/5) 66.875 33.500 60 8,490 153.20 28 Page Body (4/4) 78.000 33.500 60 8,252 176.14 28 Page Body (5/5) 78.000 33.500 60 9,902 178.69 32 Page Body (4/4) 89.125 33.500 60 9,428 201.27 32 Page Body (5/5) 89.125 33.500 60 11,314 204.17 36 Page Body (4/4) 66.875 50.250 60 10,612 226.53 36 Page Body (5/5) 66.875 50.250 60 12,734 229.80 40 Page Body (4/4) 55.750 33.500 60 5,898 251.80 40 Page Body (5/5) 55.750 33.500 60 7,077 255.43 48 Page Body (4/4) 89.125 50.250 60 14,143 301.90 48 Page Body (5/5) 89.125 50.250 60 16,971 306.26 48 Page Body (4/4) 66.875 33.500 60 7,075 302.04 48 Page Body (5/5) 66.875 33.500 60 8,490 306.40 56 Page Body (4/4) 78.000 33.500 60 8,252 352.29 56 Page Body (5/5) 78.000 33.500 60 9,902 357.37 60 Page Body (4/4) 55.750 50.250 60 8,847 377.70 60 Page Body (5/5) 55.750 50.250 60 10,616 383.14 64 Page Body (4/4) 89.125 33.500 60 9,428 402.54 64 Page Body (5/5) 89.125 33.500 60 11,314 408.34 72 Page Body (4/4) 66.875 50.250 60 10,612 453.06 72 Page Body (5/5) 66.875 50.250 60 12,734 459.60 84 Page Body (4/4) 78.000 50.250 60 12,377 528.43 84 Page Body (5/5) 78.000 50.250 60 14,853 536.06 96 Page Body (4/4) 89.125 50.250 60 14,143 603.80 96 Page Body (5/5) 89.125 50.250 60 16,971 612.51 Cylinder Changes, per cylinder 55.750 33.500 60 590 -- Cylinder Changes, per cylinder 66.875 33.500 60 707 -- Cylinder Changes, per cylinder 78.000 33.500 60 825 -- Cylinder Changes, per cylinder 89.125 33.500 60 943 -- Cylinder Changes, per cylinder 55.750 50.250 60 885 -- Cylinder Changes, per cylinder 66.875 50.250 60 1,061 -- Cylinder Changes, per cylinder 78.000 50.250 60 1,238 -- Cylinder Changes, per cylinder 89.125 50.250 60 1,414 -- ------------------------------------------------------------------------------- </TABLE> Page 9 Quad / Graphics Inc. September 9, 1996