Quebecor World Renews and Extends Multi-Year Agreement With Dex Media, Inc

Business Wire, March 31, 2005

MONTREAL -- Quebecor World Inc. (TSX:IQW.SV) (NYSE:IQW) is pleased to announce that it has agreed to a new multi-year contract for the printing of the white and yellow page directories of Dex Media, Inc. This agreement extends and expands the existing relationship between Quebecor World and Dex Media. Under the new agreement, Quebecor World will progressively increase the volume it produces for Dex Media and in 2012 will be the sole print supplier for the directories currently published by Dex Media.

Quebecor World currently produces more than 200 Dex Media directories for distribution in 14 states in the Midwest, the Rocky Mountain region and the Pacific Northwest. Over the term of this new agreement Quebecor World is expected to quadruple the number of directory pages it prints for Dex Media.

"We are very pleased that Dex Media has recognized the value we can bring to their business," said Kevin Clarke, President, Quebecor World's U.S. Book and Directory Services. "This agreement demonstrates that our coast-to-coast directory platform is the right choice for large, well-established directory publishers producing long-run and shorter-run books."

"Quebecor World has been a key vendor of ours for several years and we are confident that they will provide us with the manufacturing platform and service we require to improve operating efficiencies and grow our business in the years to come," said George Burnett, President and CEO of Dex Media.

Quebecor World Inc. (NYSE:IQW, TSX:IQW.SV) 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, specialty printing and direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. The Company has approximately 35,000 employees working in more than 160 printing and related facilities in the United States, Canada, Brazil, France, the United Kingdom, Belgium, Spain, Austria, Sweden, Switzerland, Finland, Chile, Argentina, Peru, Colombia, Mexico and India.

Web address: www.quebecorworld.com

Dex Media, Inc. is the exclusive publisher of the official White and Yellow Pages directories in print, Internet and CD-ROM formats for Qwest Communications International Inc. In 2004, the company published 269 directories for distribution to virtually all business and residential consumers in Arizona, Colorado, Idaho, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming.

In 2004, Dex Media generated revenue of approximately $1.65 billion, excluding the effects of purchase accounting related to the acquisition of Dex Media West LLC. The company printed approximately 44.5 million print directories for distribution in 2004. The company's leading Internet-based directory, DexOnline.com(TM), is the most used Internet Yellow Pages in Dex Media's 14-state region, according to market research firm comScore

Quebecor World Inc. (TSX:IQW.SV) (NYSE:IQW)