UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


              CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


         Date of Report (Date of earliest event reported): June 17, 2003


                          Commission file number 1-5064


                                  Jostens, Inc.
--------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its charter)


Minnesota                                                  41-0343440
--------------------------------------------------------------------------------
(State or other jurisdiction             (I.R.S. Employer Identification number)
 of incorporation organization)


5501 Norman Center Drive,
Minneapolis, Minnesota                                     55437
--------------------------------------------------------------------------------
(Address of principal executive offices)                   (Zip code)


Registrant's telephone number, including area code: (952) 830-3300



<PAGE>


     Item 9. Regulation FD Disclosure

     Reference is made to the Registrant's  Press Release,  dated June 17, 2003,
which is included herewith as Exhibit 99.1.

     Item 7. Financial Statements and Exhibits

     (c) Exhibits

     Exhibit         Description
    ----------------------------------------------------------------------------
     99.1            Press release issued by Jostens on June 17, 2003.



<PAGE>


                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                  JOSTENS, INC.

Date:   June 17, 2003            /s/     Paula R. Johnson
                                 -----------------------------------------------
                                 Paula R. Johnson
                                 Vice President, General Counsel and
                                 Corporate Secretary

<PAGE>


                                  EXHIBIT INDEX

     Exhibit       Description
    ----------------------------------------------------------------------------
     99.1          Press release issued by Jostens on June 17, 2003.






<PAGE>
                                                                    Exhibit 99.1

                                                            Contact: Jack Larsen
                                                                  (952) 830-3381


     FOR IMMEDIATE RELEASE

     CSFB PRIVATE EQUITY TO ACQUIRE JOSTENS, INC. FROM INVESTCORP

     MINNEAPOLIS,  MINNESOTA,  JUNE 17, 2003 - Jostens, Inc., a leading provider
of school-related  affinity  products and services  including  yearbooks,  class
rings and  graduation  products in North  America,  today  announced that it has
signed a definitive  merger  agreement under which DLJ Merchant Banking Partners
III,  L.P. and  affiliated  funds,  each managed by CSFB  Private  Equity,  will
acquire Jostens for cash  consideration of  approximately  $48 per common share.
Jostens is currently 88% owned by Investcorp,  a global  investment  group,  its
co-investors  and MidOcean  Partners.  The  transaction  is expected to close by
September 30, 2003.

     About  Investcorp

     Investcorp is a global  investment  group with offices in New York,  London
and Bahrain.  The firm has four lines of business:  corporate  investment,  real
estate  investment,   asset  management  and  technology   investment.   It  was
established in 1982 and has since completed transactions with an aggregate value
of approximately $20 billion.

     In the United States,  Investcorp  and its clients  currently own corporate
investments  that  include  Neptune  and the  recently  acquired  Aero  Products
International,  PlayPower and MW  Manufacturers.  In Europe,  Investcorp and its
clients  currently own corporate  investments that include Avecia,  Gerresheimer
Glas   AG   and   Welcome   Break.   Further   information   is   available   at
www.investcorp.com.

     About CSFB Private Equity

     CSFB Private  Equity,  the global private equity arm of Credit Suisse First
Boston,  is the largest private equity manager in the world,  with more than $28
billion  of  assets  under  management.  CSFB  Private  Equity is  comprised  of
investment  funds that focus  globally on  leveraged  buyouts,  mezzanine,  real
estate  and  venture  capital  investments  as well  as  primary  and  secondary
purchases of interests in private investment funds. CSFB Private Equity includes
the family of DLJ  Merchant  Banking  funds and the Sprout  funds as well as the
Private Fund Group,  which is dedicated to raising investment capital for global
private investment firms. CSFB Private Equity maintains offices in New York, Los
Angeles, Menlo Park, Chicago, San Francisco, Houston, London, Buenos Aires, Hong
Kong and Tokyo.

     About Jostens

     Founded in 1897,  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.  For the year
ended  December 28, 2002,  Jostens had net sales of $756 million,  net income of
$29.9 million and EBITDA  (earnings  before  interest,  taxes,  depreciation and
amortization) of $160.9 million.


Contacts:     CSFB                 Investcorp            Jostens, Inc.
              ----                 ----------            -------------
              Victoria Harmon      Todd Fogarty          Jack Larsen
              CSFB                 Kekst and Company     Jostens
              (212) 325-6914       (212) 521-4854        (952) 830-3381
[{"type": "8-K", "sequence": "1", "filename": "jostensinc0617038k.txt", "description": "MAIN TEXT 8-K", "secsgml_size_bytes": 6052}]
{"company-data": {"conformed-name": "JOSTENS INC", "cik": "0000054050", "assigned-sic": "3911", "irs-number": "410343440", "state-of-incorporation": "MN", "fiscal-year-end": "0102"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-05064", "film-number": "03747106"}, "business-address": {"street1": "5501 NORMAN CTR DR", "city": "MINNEAPOLIS", "state": "MN", "zip": "55437", "phone": "6128303300"}, "mail-address": {"street1": "5501 NORMAN CENTER DRIVE", "city": "MINNEAPOLIS", "state": "MN", "zip": "55437"}}
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

              CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported): June 17, 2003

                          Commission file number 1-5064

                                  Jostens, Inc.
--------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its charter)

Minnesota                                                  41-0343440
--------------------------------------------------------------------------------
(State or other jurisdiction             (I.R.S. Employer Identification number)
 of incorporation organization)

5501 Norman Center Drive,
Minneapolis, Minnesota                                     55437
--------------------------------------------------------------------------------
(Address of principal executive offices)                   (Zip code)

Registrant's telephone number, including area code: (952) 830-3300
Item 9. Regulation FD Disclosure

     Reference is made to the Registrant's  Press Release,  dated June 17, 2003,
which is included herewith as Exhibit 99.1.

     Item 7. Financial Statements and Exhibits

     (c) Exhibits

     Exhibit         Description
    ----------------------------------------------------------------------------
     99.1            Press release issued by Jostens on June 17, 2003.
SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                  JOSTENS, INC.

Date:   June 17, 2003            /s/     Paula R. Johnson
                                 -----------------------------------------------
                                 Paula R. Johnson
                                 Vice President, General Counsel and
                                 Corporate Secretary
EXHIBIT INDEX

     Exhibit       Description
    ----------------------------------------------------------------------------
     99.1          Press release issued by Jostens on June 17, 2003.
Exhibit 99.1

                                                            Contact: Jack Larsen
                                                                  (952) 830-3381

     FOR IMMEDIATE RELEASE

     CSFB PRIVATE EQUITY TO ACQUIRE JOSTENS, INC. FROM INVESTCORP

     MINNEAPOLIS,  MINNESOTA,  JUNE 17, 2003 - Jostens, Inc., a leading provider
of school-related  affinity  products and services  including  yearbooks,  class
rings and  graduation  products in North  America,  today  announced that it has
signed a definitive  merger  agreement under which DLJ Merchant Banking Partners
III,  L.P. and  affiliated  funds,  each managed by CSFB  Private  Equity,  will
acquire Jostens for cash  consideration of  approximately  $48 per common share.
Jostens is currently 88% owned by Investcorp,  a global  investment  group,  its
co-investors  and MidOcean  Partners.  The  transaction  is expected to close by
September 30, 2003.

     About  Investcorp

     Investcorp is a global  investment  group with offices in New York,  London
and Bahrain.  The firm has four lines of business:  corporate  investment,  real
estate  investment,   asset  management  and  technology   investment.   It  was
established in 1982 and has since completed transactions with an aggregate value
of approximately $20 billion.

     In the United States,  Investcorp  and its clients  currently own corporate
investments  that  include  Neptune  and the  recently  acquired  Aero  Products
International,  PlayPower and MW  Manufacturers.  In Europe,  Investcorp and its
clients  currently own corporate  investments that include Avecia,  Gerresheimer
Glas   AG   and   Welcome   Break.   Further   information   is   available   at
www.investcorp.com.

     About CSFB Private Equity

     CSFB Private  Equity,  the global private equity arm of Credit Suisse First
Boston,  is the largest private equity manager in the world,  with more than $28
billion  of  assets  under  management.  CSFB  Private  Equity is  comprised  of
investment  funds that focus  globally on  leveraged  buyouts,  mezzanine,  real
estate  and  venture  capital  investments  as well  as  primary  and  secondary
purchases of interests in private investment funds. CSFB Private Equity includes
the family of DLJ  Merchant  Banking  funds and the Sprout  funds as well as the
Private Fund Group,  which is dedicated to raising investment capital for global
private investment firms. CSFB Private Equity maintains offices in New York, Los
Angeles, Menlo Park, Chicago, San Francisco, Houston, London, Buenos Aires, Hong
Kong and Tokyo.

     About Jostens

     Founded in 1897,  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.  For the year
ended  December 28, 2002,  Jostens had net sales of $756 million,  net income of
$29.9 million and EBITDA  (earnings  before  interest,  taxes,  depreciation and
amortization) of $160.9 million.

Contacts:     CSFB                 Investcorp            Jostens, Inc.
              ----                 ----------            -------------
              Victoria Harmon      Todd Fogarty          Jack Larsen
              CSFB                 Kekst and Company     Jostens
              (212) 325-6914       (212) 521-4854        (952) 830-3381