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Quebecor World Strenghtens North American Retail Insert Platform

Press release from the issuing company

MONTREAL--Nov. 19, 2002--Quebecor World, the global leader in commercial print media industry is pleased to announce it is further strengthening its North American retail insert platform with the addition of a new state-of-the-art web press in its Vancouver, British Columbia facility. The new press will be dedicated to the production of regional and national advertising inserts. It will allow the Vancouver facility to better serve its local and U.S. customers as part of Quebecor World's coast-to-coast offset and gravure North American retail platform. This industry-leading platform offers retailers a one-stop shopping solution to respond to their advertising needs. "This new offset press in Vancouver specifically strengthens our service to customers in the western U.S. and Canadian markets. Our facilities in Arizona, California, Nevada, British Columbia and Alberta allow Quebecor World to service any retailer with advertising insert requirements in western North America," said David Boles, Co-Chief Operating Officer, Quebecor World North America. "This is part of our strategy to optimize our competitive position by utilizing our technological advantage, build economies of scale and produce in a location in close proximity to the market." Today's announcement is part of a series of steps Quebecor World is making to enhance and develop its retail insert/flyer platform. The Company recently announced it is committing additional assets in Eastern Canada and is building a new 196,000 square foot facility in Riverside, California that will be equipped with offset heatset presses and includes additional space for the possibility of a future expansion. "These events are part of our detailed growth strategy to strongly position our North American retail platform," added Mr. Boles. "Our network stretches from the Atlantic seaboard to California, from British Columbia to Halifax. This combined with our digital, pre-press and other offerings from our Que-Net Media Group and our comprehensive logistic capabilities means we will be able to offer retail customers a complete package for all their print media needs." Quebecor is the largest commercial printer in the world. It is a market leader in most of its major product categories which include magazines, inserts and circulars, books, catalogs, specialty printing and direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. Quebecor World Inc. has approximately 40,000 employees working in more than 160 printing and related facilities in the United States, Canada, Brazil, France, the United Kingdom, Belgium, Spain, Austria, Sweden, Switzerland, Finland, Chile, Argentina, Peru, Colombia, Mexico and India.