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Quebecor World Adds Assets to its Atlantic Division

Press release from the issuing company

May 9, 2002 -- MONTREAL, CANADA--Quebecor World Inc., the global leader in the commercial print media industry announced today it is enhancing its Quebecor World Atlantic platform by installing two additional web presses at its Saint John, New Brunswick, facility. The presses will provide a printing capacity of 208 million impressions per year, and will produce retail inserts for customers in Canada and the U.S. These additional assets in the Atlantic Region will strengthen Quebecor World's National Retail program and allow the Saint John facility to better service its local and U.S. customers. "This investment shows a strong commitment to our Atlantic platform which is a key component of our coast-to-coast North American Retail Network. Incorporating more than 20 facilities Quebecor World's diverse retail platform offers customers a one stop shopping solution to respond to their advertising needs," said Dave Boles, President of Quebecor World's North American Retail Group. "Our strategically located Atlantic facilities produce product for advertising campaigns across the United States and Canada working with such well known retailers as Shoppers Drug Mart, Canadian Tire, Sears and KinneyDrugs." Quebecor World is the global leader in print media services but is also committed to local markets, and is constantly looking for ways to improve service to all its customers. "Even in a challenging economy, Quebecor World continues to improve its platform," said Tony Galasso, Regional Vice President, Retail Group. "Our ultimate goal is to provide our customers the flexibility, quality and service that will allow us to grow together." Quebecor World Atlantic is part of the Eastern Canadian Retail Group producing retail inserts, catalogues, and high quality sheetfed products: brochures, newsletters and magazines. Staffed by some of the most dedicated and skilled employees in the industry this full service platform provides digital photography, design, electronic prepress and a full bindery service to its customers. The company's long standing partnerships with local retail, grocery, hardware and drug store clients has allowed itto employ a local workforce which has an average length of service of 10 plus years. The group encompasses three facilities, LaSalle - Quebec, Saint John - N. B. and Dartmouth - N. S. with its primary focus on the local retail markets.