Market Overview

LSC Communications Board of Directors Authorizes Regular Quarterly Dividend

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LSC Communications, Inc. (NYSE:LKSD) today announced a regular
quarterly dividend of 26 cents per common share. The dividend is payable
September 5, 2018 to stockholders of record as of the close of business
on August 15, 2018.

About LSC Communications

With a rich history of industry experience, innovative solutions and
service reliability, LSC Communications (NYSE:LKSD) is a global leader
in print and digital media solutions. The company's traditional and
digital print-related services and office products serve the needs of
publishers, merchandisers and retailers around the world. With advanced
technology and a consultative approach, LSC's supply chain solutions
meet the needs of each business by getting their content into the right
hands as efficiently as possible.

Use of Forward-Looking Statements

This news release may contain "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and 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 of
this news release 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, including risks associated with the ability of LSC
Communications to perform as expected as a separate, independent entity
and risks associated with the volatility and disruption of the capital
and credit markets, and adverse changes in the global economy. Readers
are strongly encouraged to read the full cautionary statements contained
in LSC's filings with the SEC. LSC disclaims any obligation to update or
revise any forward-looking statements.

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