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QUEBECOR EXTENDS CONTRACT WITH ASSOCIATED NEWSPAPERS

Quebecor Printing Inc. has announced it has extended a contract with British newspaper publisher Associated Newspapers Ltd. subsidiary HQL, for the printing of four magazine supplements. The value of the contract, which includes the publishing of Weekend, YOU Magazine, Night and Day and ES Magazine, is reported to be $325 million (US). Under the terms of the contract, Quebecor will print over eight million magazines a week from its British plant located in Corby, Northamptonshire and from its facility in Lille, France. The increased popularity of magazine supplements is believed to be a key element in the publications circulation increase and, as a result of this, Quebecor reports plans to expand the Corby plant's capacity are now in progress. Associated Newspapers Ltd. is a subsidiary of Daily Mail and General Trust Plc, a British media company. Quebecor Printing is a commercial printing company in Canada, the United States, Europe and South America.

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