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Patrick F. Brennan, 75, has served on theValassis Board of Directors since August 1998 where he is the Chairman of the Valassis Audit Committee and is a member of the Compensation/Stock Option Committee. After serving for 33 years in the paper industry, he retired in December 1996 as the President and Chief Executive Officer of Consolidated Papers, Inc. (�CPI�), where under his leadership CPI was one of the nation�s leading paper companies. Mr. Brennan began his career at CPI in 1963 as a Merchant Sales Representative; National Merchant Sales Manager in 1971; National Publication Sales Manager in 1977; Vice President, National Publication Sales in 1982; and a corporate Vice President in 1984. It was in 1987 that he was elected Executive Vice President and to CPI�s Board of Directors. The following year he was elected President and Chief Operations Officer; and in 1993, Chief Executive Officer. Mr. Brennan is a former Chairman of the Printing and Writing Division of the American Forest & Paper Association and has served as Chairman of the Ireland Chamber of Commerce in the United States. He also served in the Navy from 1951 to1954. Mr. Brennan holds a bachelor�s degree from Fordham University and has completed the Advanced Management Program at the Harvard School of Business. Mr. Brennan also has served as a member of the Board of Directors of Northland Cranberries, Inc.; University of Minnesota School of Engineering and Paper; Wisconsin Manufacturers & Commerce; and BetzDearborn, Inc. Mr. Brennan is a helpful sounding board on paper utilization and paper purchasing strategies. In addition, his experience as a CEO of a major corporation has been a tremendous asset to the Valassis Board and the corporation in general. | 