A conveying arrangement for processing printed material to printed products has a conveying member supplying printed material and an intermediate conveying device with compartments rotating about an axis of rotation and formed by two opposed adjustable plates. The compartments receive the printed material from the conveying member. A synchronously operating conveyor is arranged downstream of the intermediate conveying device and has pocket-shaped receiving elements receiving the printed material from the compartments. The compartments, when approaching the conveying member, are moved into an open position for receiving the printed material and then into a closed position for further transporting the received printed material. The compartments have controllable conveyors arranged opposite one another on the opposed adjustable plates. The conveyors transport frictionally the printed material, clamped therebetween, out of the compartments. A drive acts on the conveyors.