Exhibit 99.1



FOR IMMEDIATE RELEASE                                       Contact: Jack Larsen
                                                            (952) 830-3381

                     JOSTENS ANNOUNCES SHAREHOLDERS APPROVAL

     MINNEAPOLIS,  July 8,  2003 -  Jostens,  Inc.  (JOSEA)  reported  that  its
shareholders  voted to approve,  at a special meeting held today,  the agreement
and plan of merger by and among Jostens, Ring Holding Corp. and Ring Acquisition
Corp. Pursuant to the agreement,  Ring Acquisition Corp., a newly formed company
controlled  by DLJ  Merchant  Banking  Partners  III,  L.P.  and managed by CSFB
Private  Equity,  will be merged  with and into  Jostens,  with  Jostens  as the
surviving corporation.

     Jostens is a provider of products,  programs and services  that help people
celebrate important moments,  recognize achievements and build affiliation.  The
Company's products include yearbooks,  class rings, graduation products,  school
photography, and awards for athletes and fans.