Transcontinental Sells Interest in TV Hebdo

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Transcontinental Sells Interest in TV Hebdo

Monday, November 27, 2006

Press release from the issuing company

Montreal, November 24, 2006 ñ Transcontinental Inc. announced today that it is selling its interest in TV Hebdo, the television programming guide, to Les Publications TVA inc. This decision is in line with the Corporations strategy announced on October 19, 2006 to publish TV Guide solely as an online publication as of the end of November 2006. Transcontinental received a 50% share in TV Hebdo when it acquired the Telemedia magazines. At the time, the other 50% was held by Trustar LimitÈe, which has since passed into the hands of Groupe TVA inc.

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