Transcontinental Inc.

Transcontinental Inc.
Trader Corporation

Trader Corporation

October 25, 2006 23:59 ET

Transcontinental announces new agreement with Trader Corporation

MONTREAL, Oct. 25 - Transcontinental Inc. announced today it
has been awarded a 10-year contract by Trader Corporation valued at
approximately $115 million. Of that sum, $75 million is a contract extension
to print vertical guides and related materials in The Atlantic Provinces,
Quebec and Manitoba, while $40 million represents new business for Ontario,
Saskatchewan and Manitoba. The contract will come into effect on January 1,
2007 and covers the production of such well-known titles as Auto Trader™,
Auto Hebdo™ and related vehicle listings publications, Buy & Sell™
publications, Triad™, New Homes/Condo Guide, and other Trader products.

"This new, larger long-term contract is an expansion of the services we
have provided Trader Corporation over the past several years, and securing it
reflects our unparalleled national production platform and of course the hard
work of our highly skilled people," said Luc Desjardins, president and CEO of
Transcontinental. "We are very pleased to continue our relationship with
Trader Corporation."

Jamie Blundell, Vice President, Operations, Trader Corporation, said: "We
have a long-standing relationship with Transcontinental and we are pleased to
renew and expand the current contract. We are looking forward to continue
working together for the coming years."

About Transcontinental

The largest printer in Canada and seventh-largest in North America,
Transcontinental also ranks as the country's leading publisher of consumer
magazines and French-language educational resources, and its second-largest
community newspaper publisher. Transcontinental distinguishes itself by
creating strategic partnerships that integrate the company into its customers'
value chain, notably through its unique newspaper printing outsourcing model
and its value-added services. From mass to highly personalized marketing, the
company offers its clients integrated solutions which include a
continent-leading direct marketing offering, a diverse digital platform and a
door-to-door distribution network of advertising material. Transcontinental is
a company whose values, including respect, innovation and integrity, are
central to its operation.

Transcontinental (TSX: TCL.A, TCL.B) has more than 14,000 employees in
Canada, the United States and Mexico, and reported revenues of C$2.2 billion
in 2005.

About Trader Corporation

Trader Corporation is indirectly held by Yellow Pages Income Fund (TSX:
YLO.UN). Trader Corporation is a Canadian leader in print and online vertical
media with approximately 200 publications and 20 web sites covering four
product verticals: automotive, real estate, general merchandise and
employment. Its main brands include Auto Trader™, Auto Hebdo™, The
Bargain Finder™, Buy&Sell™, Renters News™ and Home Renters'
Guide™. For more information about Trader Corporation, visit

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