-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 rVDD5upGSWyAlwgNhg0pug==

<SEC-DOCUMENT>0000902561-03-000364.txt : 20030806
<SEC-HEADER>0000902561-03-000364.hdr.sgml : 20030806
<ACCEPTANCE-DATETIME>20030806170529
ACCESSION NUMBER:		0000902561-03-000364
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030610
FILED AS OF DATE:		20030806

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			APPLIED GRAPHICS TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001006030
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MAILING, REPRODUCTION, COMMERCIAL ART & PHOTOGRAPHY [7330]
		IRS NUMBER:				133864004
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		450 W 33RD ST
		STREET 2:		11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001
		BUSINESS PHONE:		2127166600

	MAIL ADDRESS:	
		STREET 1:		463 BARELL AVE
		CITY:			CARLSTADT
		STATE:			NJ
		ZIP:			07072

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FLEETBOSTON FINANCIAL CORP
		CENTRAL INDEX KEY:			0000050341
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		STATE OF INCORPORATION:			RI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16431
		FILM NUMBER:		03826949

	BUSINESS ADDRESS:	
		STREET 1:		100 FEDERAL STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174342200

	MAIL ADDRESS:	
		STREET 1:		100 FEDERAL STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

	FORMER NAME:	
		FORMER CONFORMED NAME:	FLEET BOSTON CORP
		DATE OF NAME CHANGE:	19991001

	FORMER NAME:	
		FORMER CONFORMED NAME:	FLEET NORSTAR FINANCIAL GROUP INC
		DATE OF NAME CHANGE:	19920525

	FORMER NAME:	
		FORMER CONFORMED NAME:	FLEET FINANCIAL GROUP INC
		DATE OF NAME CHANGE:	19880110
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_honarvar080603ex.xml
<TEXT>
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    <documentType>4</documentType>
   <periodOfReport>2003-06-10</periodOfReport>
   <notSubjectToSection16>1</notSubjectToSection16>
    <issuer>
        <issuerCik>0001006030</issuerCik>
        <issuerName>APPLIED GRAPHICS TECHNOLOGIES INC</issuerName>
        <issuerTradingSymbol>AGD</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000050341</rptOwnerCik>
            <rptOwnerName>FLEETBOSTON FINANCIAL CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>100 FEDERAL STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02110</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
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      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-08-04</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>U</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
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      <transactionAmounts>
         <transactionShares>
           <value>318389</value>
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         <transactionPricePerShare>
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         <transactionAcquiredDisposedCode>
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            <footnoteId id="F1"/>
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         <transactionAcquiredDisposedCode>
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            <footnoteId id="F1"/>
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         <transactionAcquiredDisposedCode>
           <value>D</value>
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      <exerciseDate>
         <value>2002-10-01</value>
      </exerciseDate>
      <expirationDate>
         <value>2003-08-31</value>
      </expirationDate>
      <underlyingSecurity>
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         <underlyingSecurityShares>
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      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>D</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F3"/>
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      <transactionAmounts>
         <transactionShares>
           <value>230148</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0.01</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2003-01-15</value>
      </exerciseDate>
      <expirationDate>
         <value>2003-08-31</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>230148</value>
         </underlyingSecurityShares>
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           <value>0</value>
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         <directOrIndirectOwnership>
           <value>D</value>
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   </derivativeTransaction>
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      <securityTitle>
         <value>Warrants</value>
            <footnoteId id="F1"/>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>0.01</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-08-04</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>D</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F3"/>
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         <transactionShares>
           <value>230148</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0.01</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2003-04-15</value>
      </exerciseDate>
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         <value>2003-08-31</value>
      </expirationDate>
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         <underlyingSecurityTitle>
           <value>Common Stock</value>
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           <value>230148</value>
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   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> The warrants and common stock are held by Fleet National Bank, a wholly owned subsidiary of FleetBoston Financial Corp.</footnote>

      <footnote id="F2"> Amendment of outstanding warrants resulting in deemed cancellation of warrant and grant of replacement warrant. The warrant was originally set to expire on July 15, 2003. One June 10, 2003, the expiration date of the warrant was extended to August 31, 2003.</footnote>

      <footnote id="F3"> Warrants cancelled in connection with the closing of the tender offer for all of the Registrant's outstanding shares.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>/s/ Ernest L. Puschaver</signatureName>
      <signatureDate>2003-08-06</signatureDate>
   </ownerSignature>
</ownershipDocument>

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</DOCUMENT>
</SEC-DOCUMENT>
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