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Quebecor Extends Expiration Date of Exchange Offer for 4 7/8% Notes

Press release from the issuing company

MONTREAL--March 3, 2004-- Quebecor World Inc. announced today that its wholly-owned subsidiary Quebecor World Capital Corporation has extended the expiration date of its offer (the "Exchange Offer") to exchange up to $200,000,000 principal amount of its 4 7/8% Senior Notes due 2008 and up to $400,000,000 aggregate principal amount of its 6 1/8% Senior Notes due 2013 (the "Initial Notes") for an equal principal amount of such notes (the "Exchange Notes") which have been registered under the Securities Act of 1933, as amended, from 5:00 p.m., New York City time, on March 3, 2004 to 5:00 p.m., New York City time, on March 5, 2004. The complete terms and provisions of the Exchange Offer are contained in the prospectus dated January 28, 2004 and accompanying materials that were mailed on Friday, January 29, 2004 to holders of the Initial Notes.

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