the export preset "press" uses acrobat 4 format. change this to version 5 (or later, if you are using CS i guess). v5 handles transparency much better methinks
Have tried this without luck.
Went to the printers (OfficeWorks are closest to me and are fine for a few A4 / A3 copies rather than giant runs) with at least 4 different versions of the art : different acrobat formats, transparency settings, recreated the original logo for importing - all with the same effect...
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