Montreal, Canada - Quebecor World Inc. today announced that Q/Media Services Corporation has filed a preliminary prospectus in British Columbia and Ontario to qualify voting common shares of Q/Media to be issued upon the exercise of special warrants held by a subsidiary of Quebecor World Inc. The special warrants of Q/Media having an aggregate value of US$5 million were originally issued to a subsidiary of Quebecor World Inc. on August 2, 2000 as partial consideration for the sale by Quebecor World Inc. of its North American CD replicating and fulfillment facilities to Vancouver-based Q/Media. Up to 2,078,292 voting common shares of Q/Media could be issued upon the exercise or deemed exercise of the special warrants. If the maximum number of the voting common shares is issued, Quebecor World Inc. will own 19.99% of the voting common shares of Q/Media. Quebecor World Inc. presently holds no voting common shares of Q/Media. The conversion price which will determine the exact number of voting common shares to be issued will be determined on the earlier of the date of the final prospectus or December 15, 2000 in accordance with a prescribed formula. In the event that the conversion price of the special warrants would result in the issuance of more than 2,078,292 voting common shares, the value of the balance of the special warrants may be converted into convertible redeemable preferred shares, series A, of Q/Media or paid in cash, at the option of Q/Media. Aside from the voting common shares of Q/Media issuable upon the exercise or deemed exercise of the special warrants, Quebecor World Inc. has no current intention to acquire additional voting common shares of Q/Media. Quebecor World Inc. (NYSE, TSE: IQW) is the largest commercial print media services company in the world. The Company is a leader in most of its major product categories, which include magazines, inserts and circulars, books, catalogs, specialty printing and direct mail, directories, digital pre-media, logistics, mail lists, technologies and other value added services. The Company has over 43,000 employees working in more than 160 printing and related facilities in the United States, Canada, France, the United Kingdom, Spain, Switzerland, Austria, Sweden, Finland, Chile, Argentina, Peru, Colombia, Mexico and India. Is noosh.com for me?