Standard Register First Quarter 2007 Conference Call April 27, 2007

Safe Harbor Statement:   Safe Harbor Statement: This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2007 and beyond could differ materially from the Company’s current expectations. Forward-looking statements are identified by words such as “anticipates,” “projects,” “expects,” “plans,” “intends,” “believes,” “estimates,” “targets,” and other similar expressions that indicate trends and future events. Factors that could cause the Company’s results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company’s products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company’s control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company’s success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company’s filing with The Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2006. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely. 2

President and Chief Executive Officer Dennis L. Rediker President and Chief Executive Officer 3

Results for the First Quarter 2007 Revenue was basically flat with prior year Core document and label solutions down 5 percent Solid growth where we have long-term growth opportunities: Print-on-Demand +8 percent Document Systems +17 percent Other (mainly commercial print services) +11 percent Gross margin weaker due to price and unit reductions for traditional product, unfavorable mix and closing of plant in January SG&A slightly higher (includes an increase of $1 million in pension amortization) 4

First Quarter Accomplishments Sold our ExpeData Digital Solutions business - $2.5 million in cash and had pre-tax losses of $5.2 million in 2006 Solid pipeline of commitments – 24 deals worth $20 million annually Clearly focused on Enterprise Solution 5

Outlook We are encouraged by strong showing in growth business and we believe we will attain low to mid single-digit revenue growth for the full year 6

Chief Financial Officer Craig J. Brown Chief Financial Officer 7

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For Additional Information, contact: Robert J. Cestelli Vice President, Investor Relations Phone: 937.221.1304 Fax: 937.221.1205 E-mail: robert.cestelli@standardregister.com Website: www.standardregister.com 10