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Quebecor World Signs $285 Million Contract

Thursday, April 03, 2008

Press release from the issuing company

MONTREAL, CANADA, Apr 02, 2008 -- Quebecor World Inc. announced that it has been awarded a new contract with The McGraw-Hill Companies extending into 2014. The McGraw-Hill Companies is a leading global information services provider. The new agreement is valued at approximately $285 million over its term and covers a wide range of educational textbooks, ancillary products, professional learning products and catalogs.

H. Bruce Ryno, Sr. VP Global Procurement & Manufacturing Services for The McGraw-Hill Companies stated, "This contract with Quebecor World extends a successful, long term relationship and delivers significant cost savings to The McGraw-Hill Companies over the life of the contract."

"We are pleased to renew and expand our partnership with The McGraw-Hill Companies," said Jacques Mallette, President and CEO Quebecor World Inc. "We are committed to serving their needs for many years to come by providing an on-time, quality product and expanded value-added solutions to help them grow their business."

Kevin J. Clarke, President of the Quebecor World Book and Directory Group commented, "This agreement is a further testament to our focus on creating premier solutions that maximize our customer's success in their targeted markets. The dedication of our employees to meet the high standards of The McGraw-Hill Companies is a great source of pride".




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