Lane Berry Advises American Achievement Corp. On Its Sale To Herff Jones Inc.

INDIANAPOLIS, IN and AUSTIN, TX – May 16, 2008 – Herff Jones, a manufacturer and publisher of educational products, recognition awards and graduation-related items sold to schools throughout North America, today announced that it has signed a definitive agreement to acquire American Achievement Group Holding Corp. (“AAGH”), the parent company of American Achievement Corporation (“AAC”), from Fenway Partners (“Fenway”), a leading middle market private equity firm.

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