MONTREAL--Aug. 9, 2004-- Quebecor World today announced that more than 50 allegations of unfair labor practices have to date, either been dismissed by the National Labor Relations Board or withdrawn by the Graphic Communications International Union. The U.S. National Labor Relations Board has dismissed as having no merit 32 allegations of unfair labor practices brought by the GCIU against Quebecor World and the GCIU itself has withdrawn 25 other allegations that, in all likelihood, would have been dismissed by the Board. The dismissal and withdrawal of these allegations are further proof that the GCIU's primary goal in making such allegations is to disparage and harass the Company and its workforce in the furtherance of the corporate campaign being waged by the union leadership. The filing of multiple unfair labor practice allegations in order to harass and disparage a company is standard practice in union corporate campaigns. The sole goal of this corporate campaign, as publicly stated by union officials, is to increase membership. The union is attempting to force the Company to give up its rights under the law in instances of union organizing attempts and require the Company to take away its U.S. employees' legal and democratic right to vote on the issue of unionization by secret ballot. Quebecor World will not be forced into giving up its legal rights nor its employees' right to a secret ballot election to select union representation. In recent communications the GCIU has purposefully attempted to create a false and misleading impression that final binding decisions had been reached with respect to certain of their allegations. The GCIU is well aware that this is not the case. The media releases by the GCIU are entirely premature in its claims and done solely in the furtherance of their corporate campaign agenda. The NLRB's decision to proceed to the Complaint phase on certain of the union allegations does not mean there is a finding of fault. The decision to issue a Complaint merely means that the NLRB has determined that the matters addressed in the Complaint should be decided upon by an Administrative Law Judge. Quebecor World is confident that when it is able to present evidence of its conduct before an Administrative Law Judge that it will be vindicated of the union allegations and found not to have engaged in any practice violating the law. Reflective of the GCIU's misleading publicity efforts is its frequent reference to an incident where the Company discharged an employee it legitimately believed had made threats against senior management. The employee was later reinstated. This incident took place nine years ago and cannot serve as any legitimate basis from which to claim a pattern of wrongdoing on the part of the Company. Quebecor World has solid relationships with the union members of its workforce and fully respects its employees' right to form a union. Quebecor World is one of the most highly unionized companies in the printing industry. Approximately one-third of our U.S. employees or more than 7,000 are union members. This compares to approximately 12% of public and private sector unionized employees in the U.S. Quebecor World has always and will continue to abide by and respect the labor laws in all the jurisdictions in which it operates.