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Quebecor World Renews and Extends Multi-Year Agreement With Dex Media, Inc.

Press release from the issuing company

MONTREAL--March 31, 2005-- Quebecor World Inc. is pleased to announce that it has agreed to a new multi-year contract for the printing of the white and yellow page directories of Dex Media, Inc. This agreement extends and expands the existing relationship between Quebecor World and Dex Media. Under the new agreement, Quebecor World will progressively increase the volume it produces for Dex Media and in 2012 will be the sole print supplier for the directories currently published by Dex Media. Quebecor World currently produces more than 200 Dex Media directories for distribution in 14 states in the Midwest, the Rocky Mountain region and the Pacific Northwest. Over the term of this new agreement Quebecor World is expected to quadruple the number of directory pages it prints for Dex Media. "We are very pleased that Dex Media has recognized the value we can bring to their business," said Kevin Clarke, President, Quebecor World's U.S. Book and Directory Services. "This agreement demonstrates that our coast-to-coast directory platform is the right choice for large, well-established directory publishers producing long-run and shorter-run books." "Quebecor World has been a key vendor of ours for several years and we are confident that they will provide us with the manufacturing platform and service we require to improve operating efficiencies and grow our business in the years to come," said George Burnett, President and CEO of Dex Media.