Transcontinental Inc.

Transcontinental Inc.

March 02, 2005 14:42 ET

A Five-Year Contract Extension: TIME Canada Selects Transcontinental as its Printer-Again


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TRANSCONTINENTAL INC.

TSX SYMBOL: TCL.SV.A
TSX SYMBOL: TCL.MV.B

MARCH 2, 2005 - 14:42 ET

A Five-Year Contract Extension: TIME Canada Selects
Transcontinental as its Printer-Again

MONTREAL, QUEBEC--(CCNMatthews - March 2, 2005) - Transcontinental
(TSX:TCL.SV.A)(TSX:TCL.MV.B) today announced that it has signed a
five-year extension to its contract to print TIME Canada. The agreement
has a total value of approximately C$20 million, commencing in January
2006, and confirms Transcontinental as one of North America's
top-quality magazine printers. Published 51 weeks a year, TIME Canada
will continue to be printed at Transcontinental's Owen Sound, Ontario
facility. TIME Magazine has been publishing a Canadian edition for over
63 years. It remains the only single-country edition of the weekly news
magazine outside of the United States.

"We are extremely proud that TIME Canada is so satisfied with our
service and expertise that they have again chosen Transcontinental as
their Canadian print partner for the next five years," said Serge
Bragdon, President of Transcontinental's Information Products Printing
sector. "We appreciate TIME's enduring confidence in our people and our
ability to offer an effective workflow - from prepress all the way
through to distribution - which enables them to minimize production time
and get to market quickly. This continues to be a win-win partnership."

Brooke Twyford, Director of Operations, TIME Magazine, said of the
extension: "We have been extremely pleased with the quality of the
Canadian edition printed by Transcontinental over the past five years.
This contract renewal is a testament to Transcontinental's consistent
focus on technology, staff training and customer service."

Profile

Transcontinental Inc. is the seventh largest printer in North America
and the fourth largest print media group in Canada. Transcontinental is
Canada's leading printer in the flyer, book and newspaper niches, and a
strong second in magazines, catalogues and other commercial products.
Through its Canadian and U.S. direct marketing facilities,
Transcontinental has the geographic platform and complete service
offering needed to cover the entire North American market.
Transcontinental is also Canada's leading publisher of consumer
magazines, the country's second largest publisher of community
newspapers, and a leader in the door-to-door distribution of advertising
material. Transcontinental is a company whose values, including respect,
innovation and integrity, are central to its operation.

Transcontinental's shares are listed on the Toronto Stock Exchange under
the ticker symbols TCL.SV.A and TCL.MV.B. The company has more than
14,000 employees in Canada, the United States and Mexico, and reported
revenues of C$2.05 billion (US$1.7 billion) in 2004.

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