Ennis, Inc. Increases Quarterly Dividend

Keith S. Walters, Chairman, President and Chief Executive Officer of
Ennis, Inc. (NYSE: EBF), a manufacturer of business forms and other
business products headquartered in Midlothian, Texas, announced today
that the Board of Directors has increased the quarterly dividend to
twenty-two and one half cents ($0.225) per share from twenty cents
($0.20) per share on its common stock, or an increase of 12.5%. “This is
not a special dividend, but should be reflective of future quarterly
amounts subject to the Board’s normal review process,” noted Mr.
Walters. He went on to say that the Board took this action again this
year after taking into account the Company’s current cash position, debt
level, and anticipated cash flows and that this, along with the
continuing focus on accretive acquisitions, will reward our shareholders
with greater returns over a longer period of time. We are also proud of
the fact that because of our strong balance sheet, our Board has been
able to increase our dividend rate three times over the last 6 years.
The dividend is payable August 3, 2018 to shareholders of record on July
6, 2018.

About Ennis

Since 1909, Ennis, Inc. has primarily engaged in the production and sale
of business forms and other business products. The Company is one of the
largest private-label printed business product suppliers in the United
States. Headquartered in Midlothian, Texas, the Company has production
and distribution facilities strategically located throughout the USA to
serve the Company’s national network of distributors. Ennis manufactures
and sells business forms, other printed business products, printed and
electronic media, presentation products, flex-o-graphic printing,
advertising specialties and Post-it® Notes, internal bank forms, plastic
cards, secure and negotiable documents, envelopes, tags and labels and
other custom products. For more information, visit www.ennis.com.

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