Scribus is a Layout program for GNU/Linux®, similar to Adobe® PageMaker™, QuarkXPress™ or Adobe® InDesign™, except that it is published under the GNU GPL.
Currently, it is still in its early stages of development, but rapidly maturing and very useable. Already, it has the ability to layout newsletters, create corporate stationery, small posters and other documents which need flexible layout and/or the ability to output to professional quality imagesetting equipment. You can do all the typical tasks like placing and rotating text and/or images on a page, specify manual kerning of type and much more.
Oh. Windows freeware.
Hmmm ... LaTeX maybe, but that might be a little too far to the left of how pagemaker 'does its thing'.
After that, I have nothing else to offer towards your quest.