EXHIBIT 99.1

                                         FOR:   Consolidated Graphics, Inc.

                                 APPROVED BY:   Ronald E. Hale, Jr.
                                                Vice President & Treasurer
                                                (713) 787-0977

                                     CONTACT:   Betsy Brod/Jonathan Schaffer
                                                Media: Stan Froelich/Eileen King
                                                Morgen-Walke Associates, Inc.
                                                (212) 850-5600

FOR IMMEDIATE RELEASE

                  CONSOLIDATED GRAPHICS COMPLETES ACQUISITION OF
                               PARAGRAPHICS, INC.

     HOUSTON, TEXAS - July 7, 1998 -- Consolidated Graphics, Inc. (NYSE:CGX)
today announced the completion of its acquisition of Paragraphics, Inc., a
high-quality commercial printer serving the San Francisco Bay area. Terms of the
transaction were not disclosed.

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "The addition of Paragraphics continues our strategy of
expansion into new markets. Maureen and Skip Gorman and their dedicated
employees share our commitment to growth and improvement. Through acquisitions
of successful, well-managed printing companies such as Paragraphics, we continue
to strengthen our position as a leader in the industry."

     Consolidated Graphics, Inc. is the fastest growing printing company in the
United States. A consolidator in a highly fragmented industry, the Company adds
value to its acquisitions through managerial and operational expertise,
financial strength and economies of scale. Upon completion of pending
acquisitions, Consolidated Graphics will have 41 companies nationwide with
annualized revenues in excess of $430 million.

     This press release contains forward-looking statements which involve known
and unknown risks, uncertainties or other factors that could cause actual
results to materially differ from the results, performance or other expectations
implied by these forward-looking statements. Consolidated Graphics' expectations
regarding run-rate revenues assume, among other things, completion of pending
acquisitions, general economic conditions, continued demand for its product, the
availability of raw materials, retention of its key management and operating
personnel, as well as other factors detailed in Consolidated Graphics' filings
with the Securities and Exchange Commission.

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