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Quebecor World and USA WEEKEND Announce Contract Extension

Press release from the issuing company

GREENWICH, Connecticut--Jan. 23, 2003--Quebecor World Inc. announced today that it has signed a multi-year contract extension with USA WEEKEND, one of the nation's top Sunday Magazines. USA WEEKEND is a weekly newspaper magazine with circulation of 23.7 million, delivered in 597 newspapers. This makes USA WEEKEND the second largest weekly magazine by circulation in the United States. USA WEEKEND Magazine is a subsidiary of Gannett Co., Inc., the international news and information company. They are both headquartered in McLean, VA. The weekly national newspaper magazine has won numerous awards for its journalism and design, including its coverage of current social issues, entertainment, health and personal finance. USA WEEKEND's annual Make a Difference Day, held on the fourth Saturday of October, is the nation's largest day of community service. In addition to its print edition, the magazine publishes an online edition at www.usaweekend.com. The leading printer of Sunday Magazines in North America, Quebecor World currently prints three-quarters of the USA WEEKEND weekly press runs and helps the Sunday Magazine reach its more than 49 million readers each weekend. Quebecor World will continue to produce USA WEEKEND at the Atglen, PA, Dickson, TN, and Mt. Morris, IL plants. "We are proud to continue our relationship with USA WEEKEND, and look forward to providing them their Sunday Magazine in newspapers nation-wide each weekend. This success, combined with our other recent contract wins, shows our goal of providing a coast-to-coast retail and Sunday Magazine platform is the right strategy for our customers and our shareholders," said Dave Boles, Co-Chief Operating Officer of Quebecor World North America.