EXHIBIT 99.2

                                         FOR:   Consolidated Graphics, Inc.

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

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

FOR IMMEDIATE RELEASE

                   CONSOLIDATED GRAPHICS COMPLETES ACQUISITION
                  OF IRONWOOD LITHOGRAPHERS OF PHOENIX, ARIZONA

     HOUSTON, TEXAS - August 26, 1998 -- Consolidated Graphics, Inc. (NYSE:CGX)
today announced the completion of its acquisition of Ironwood Lithographers,
Inc. Terms of the transaction were not disclosed.

     Ironwood has grown to become one of the largest sheet-fed printers in
Arizona by providing a full line of printing services, including electronic
pre-press, high quality six-color lithography, and product packaging and
fulfillment, for many of the regions leading companies. Led by Daryl VanderHaar,
President, Ironwood expands Consolidated Graphics presence in the greater
Phoenix market.

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "The success of Consolidated Graphics is tied directly to
the strength of the companies we acquire. Ironwood is another well-managed,
leader that now has access to our superior resources. Consolidated Graphics is
committed to supporting their plans for future growth and expanded service to
customers."

     Consolidated Graphics 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 47 companies nationwide with annualized revenues
in excess of $555 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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