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: Merridith Ingram
                                                Morgen-Walke Associates, Inc.
                                                (212) 850-5600

FOR IMMEDIATE RELEASE

                   CONSOLIDATED GRAPHICS COMPLETES ACQUISITION
                           OF CMI OF CHICAGO, ILLINOIS

     HOUSTON, TEXAS -- March 31, 1999 -- Consolidated Graphics, Inc. (NYSE:CGX)
announced today that it has completed its acquisition of CMI of Chicago,
Illinois. CMI offers a full range of high-quality commercial printing services
including pre-press and press capabilities as well as embossing, engraving, foil
stamping, binding, die cutting and fulfillment services. David Steinberg will
continue to lead the company as President. Terms of the transaction were not
disclosed.

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "CMI represents another excellent printing company,
expanding our presence to one of the largest and most important print markets in
the country. CMI can now take advantage of our innovative technology, best
practices management approach and financial resources to continue their growth
and superior customer service. We are pleased to welcome David Steinberg and the
entire CMI staff to our organization."

     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 53 companies with annualized
revenues in excess of $590 million. For more information, visit the Company's
website at www.consolidatedgraphics.com.

     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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