Exhibit 1

 4600 WEST ROOSEVELT RD.              Contacts:  Brad Samson/Terri Sorrentino
 HILLSIDE, IL  60162                             Wallace 708/871-6525
 T 708.449.8600  F 708.871.7510



             WALLACE NEWS RELEASE

             FOR IMMEDIATE RELEASE
          
          
          
          
                            Wallace Sets Annual Meeting Date
          
          
          Hillside, Ill., July 30, 1996 -- The Board of Directors of Wallace
          Computer Services, Inc. (WCS:NYSE) today announced that it has set
          the annual meeting of shareholders for Wednesday, November 6, 1996.
      
          Wallace Computer Services, Inc. is one of the nation's largest
          manufacturers and distributors of information management products,
          services and solutions.  Founded in Chicago in 1908, Wallace is
          headquartered in Hillside, Illinois with manufacturing,
          distribution and sales facilities throughout the United States.
          
              
          
          
          
          
          
          
          
          
          
          
          INFORMATION MANAGEMENT  Products. Services. Solutions.