Yellow Media Inc.: Stephane Marceau to Pursue Other Career Interests

MONTRÉAL, QUÉBEC--(Marketwire - May 18, 2011) - Yellow Media Inc. (TSX:YLO), Stéphane Marceau, Chief Marketing Officer, has informed the company of his decision to pursue other career interests. His resignation is effective immediately.

"Stéphane came to Yellow Media to lead the digital transformation including overseeing the development and overall marketing of digital and mobile products for the Company's various brands. Now, with this digital transformation well under way, we are grateful for his contribution and respect his decision," said Marc P. Tellier, President and Chief Executive Officer, Yellow Media Inc.

Yellow Media has invested significantly over the last few years to expand the knowledge and capability of its marketing function. The current strong marketing executive team will continue to build on the momentum established and ensure continuity. Mr. Marceau will be a special advisor to the organization for a transition period.

About Yellow Media Inc.

Yellow Media Inc. (TSX:YLO) is Canada's #1 Internet company through its network of companies that include Yellow Pages Group and Canpages. Yellow Media Inc. owns and operates some of Canada's leading properties and publications including Yellow Pages™ directories, YellowPages.ca™, Canada411.ca™, RedFlagDeals.com, and LesPAC.com. Its online destinations reach approximately 9.5M unique visitors monthly and its mobile applications for finding local businesses and deals have been downloaded over 2M times. Yellow Media Inc. is also a leader in national digital advertising through Mediative, a digital advertising and marketing solutions provider to national agencies and advertisers. For more information, visit www.ypg.com.