Quebecor World Inc.
NYSE : IQW
TSX : IQW

Quebecor World Inc.

March 08, 2007 11:30 ET

Quebecor World Signs 100% Exclusive Multi-Year Agreement with Harlequin Enterprises Ltd

MONTREAL, CANADA--(CCNMatthews - March 8, 2007) - Quebecor World (TSX:IQW)(NYSE:IQW) and Harlequin Enterprises Limited, the global leader in series romance and one of the world's leading publishers of women's fiction, have announced the signing of a multi-year agreement for the printing of mass market paperback books.

Quebecor World produces approximately 145 million paperback books, representing nearly 44 billion pages, annually for Harlequin and its imprints, Mira and Silhouette.

Donna Hayes, Publisher & CEO for Harlequin Enterprises stated, "We are pleased to be extending our successful partnership with Quebecor World. Harlequin and Quebecor World share the common objective of providing our customers with innovative and rewarding products."

"We are very pleased to extend our partnership with Harlequin helping them to continue to grow their business," said Kevin J. Clarke, President of Quebecor World Book and Directory Publishing Services. "We are proud of the long history between Quebecor World and Harlequin and look forward to building on the close working relationship we've developed together over the years."

Quebecor World's full-service solution for Harlequin ensures they receive a consistent, top-quality product on-time to meet their precise onsale and subscriber distribution schedule. Harlequin's mass market paperbacks will be manufactured on new Timson presses that are part of Quebecor World's previously announced three-year retooling program. These presses are the first in the industry to efficiently produce the new 7-1/2" premium size mass market paperback books. They deliver a top-quality product faster and with less waste, improving efficiency and increasing customer value.

FORWARD LOOKING STATEMENTS

This press release may include "forward-looking statements" that involve risks and uncertainties. All statements other than statements of historical facts included in this press release, including statements regarding the prospects of the industry and prospects, plans, financial position and business strategy of Quebecor World Inc. (the "Company"), may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities legislation and regulations. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "plan," "foresee," "believe" or "continue" or the negatives of these terms or variations of them or similar terminology. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Forward-looking statements do not take into account the effect that transactions or non-recurring or other special items announced or occurring after the statements are made have on the Company's business. For example, they do not include the effect of dispositions, acquisitions, other business transactions, asset writedowns or other charges announced or occurring after forward-looking statements are made.

Investors and others are cautioned that undue reliance should not be placed on any forward-looking statements. For more information on the risks, uncertainties and assumptions that could cause the Company's actual results to differ from current expectations, please refer to the Company's public filings available at www.sedar.com, www.sec.gov and www.quebecorworld.com. In particular, further details and descriptions of these and other factors are disclosed in the "Risks and Uncertainties" section of the Company's Management's Discussion and Analysis for the year ended December 31, 2005, and the "Risk Factors" section of the Company's Annual Information Form for the year ended December 31, 2005.

The forward-looking statements in this press release reflect the Company's expectations as of March 8, 2007 and are subject to change after this date. The Company expressly disclaims any obligation or intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by the applicable securities laws.

About Harlequin Enterprises

HARLEQUIN ENTERPRISES LIMITED is the one of the world's leading publishers of women's fiction. Its books are published worldwide in 26 languages and sold in over 109 international markets. The company publishes over 115 titles monthly and publishes more than 1000 authors from around the world. HARLEQUIN ENTERPRISES LIMITED is a wholly owned subsidiary of Torstar Corporation, a broadly based media company listed on the Toronto Stock Exchange (TS.b). The company's Web site is located at www.eharlequin.com.

About Quebecor World

Quebecor World Inc. (TSX:IQW)(NYSE:IQW) is one of the largest commercial printers in the world. It is a market leader in most of its major product categories which include magazines, inserts and circulars, books, catalogs, direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. Quebecor World has approximately 29,000 employees working in more than 120 printing and related facilities in the United States, Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia, Finland, France, India, Mexico, Peru, Spain, Sweden, Switzerland and the United Kingdom.

Web address: www.quebecorworld.com

Contact Information

  • Quebecor World Inc.
    Tony Ross
    Vice President, Communications
    514-877-5317
    800-567-7070
    or
    Quebecor World Inc.
    Roland Ribotti
    Vice President, Investor Relations and Assistant Treasurer
    514-877-5143
    800-567-7070