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Quebecor World Appoints New Managing Director of its French Operations

Press release from the issuing company

MONTREAL--June 17, 2003-- Quebecor World Inc. is pleased to announce that Yvan Lesniak is appointed Managing Director of Operations, Quebecor World France. In his new role, Mr. Lesniak is responsible for all of Quebecor World's operations in France replacing Vincent Bastien who has left the Company to pursue other career opportunities. Mr. Lesniak has more than 30 years of experience in the printing industry in Europe and in France, having held senior positions in operations and sales. He joined Quebecor World in 1996. He was previously Vice-President in charge of sales for Quebecor World France. "Today's announcement is one important step in the plan to improve results in our French operations," said Jean Neveu, President and CEO, Quebecor World Inc. "I am pleased Yvan has agreed to accept this important challenge. His operational experience and knowledge of the French and European print markets, as well as his understanding of the Quebecor World platform, are key reasons why we believe he is the right person to help restore profitability to our French business." As Managing Director of Operations for France, Mr. Lesniak will work closely with John Dickin, Chief Operating Officer of Quebecor World's European operations outside of France, and the rest of Quebecor World's senior management team as the Company moves forward with its efforts to improve its French operations delivering better service to its customers and better returns to its shareholders.