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Transcontinental: Manuel Named President of Marketing Products Printing Sector

Press release from the issuing company

MONTREAL, QUEBEC--Transcontinental today announced the appointment of Guy R. Manuel to the position of President of the Marketing Products Printing sector. This sector, created during the reorganization that took effect on November 1, 2002, regroups all of Transcontinental's printing and related services for commercial customers such as retailers, advertising or marketing agencies, and major corporations in North America. It is composed of 22 printing plants and three Internet solution or data management units in Canada and the US and has annualized revenues of about C$850 million. This appointment is effective February 10, 2003 and the new president will be located in Toronto. "Guy brings a wealth of top level management experience in the North American printing and distribution industries," said Luc Desjardins, presidentand COO of Transcontinental. "His experience and expertise make him an ideal candidate for taking on the challenges of our new Marketing ProductsPrinting sector. On behalf of all Transcontinental managers and employees, I wish Guy every success in his new duties. We look forward to welcoming him to our team." Guy R. Manuel was most recently Vice President of Sales and Marketing for the Mail-Well Services Group in Colorado. Prior to that, he was with Corporate Express, a global distribution company, where he held the position of Vice President of Sales, Marketing and Strategic Development for North America. Mr. Manuel also held the role of Vice President of eBusiness, where he was responsible for managing, from the United States, the largest business-to-business website in the world which is now running at more than $1 billion on a yearly basis. Mr. Manuel also spent many years with Moore Corporation, where he was general manager of a business unit in Canada and held a variety of senior sales and marketing management positions in Canada and in the US. Born in Quebec City, he has an MBA from the University of Western Ontario. One of the 10 largest commercial printers in North America, Transcontinental is Canada's leading printer of flyers, direct marketing products, books and newspapers, and one of the country's top two printers of magazines, catalogues and directories. Also the fourth largest print media group in Canada, Transcontinental is the country's leading publisher of consumer magazines and its second-largest publisher of community newspapers. The Corporation is also engaged in the door-to-door distribution of advertising material. Transcontinental has close to 12,000 employees in Canada, the United States and Mexico, and reported revenues of C$1.8 billion in 2002.