Quebecor: Information on the 2008 Annual General Meeting of the Shareholders
Market Wire, May, 2008
Quebecor Inc. (TSX: QBR.A)(TSX: QBR.B), announces that the annual general meeting of its shareholders will be held on Thursday, June 26, 2008 at 11:00 a.m.
The Board of Directors of the Company determined that it would not propose that KPMG LLP stand for reappointment as auditors of the Company, subject to regulatory requirements and shareholders' approval. Consequently, at the annual general meeting, shareholders will be invited to approve the appointment of Ernst & Young LLP as auditors of the Company.
The Audit Committee is of the opinion that there is no "reportable event" as defined in section 4.11(1) of National Instrument 51-102 - Continuous Disclosure Obligations, except with respect to an unresolved issue, within the meaning of said section, as of May 6, 2008. At that time, discussions with the auditors regarding management's views on the presentation of the operations of Quebecor World Inc. as discontinuing operations during the first quarter of 2008 were not finalized; consequently, management's views on this question had not yet been communicated to the Audit Committee for approval.
This unresolved issue had no impact on the decision by the Board of Directors to propose a new auditor.
About Quebecor Inc.
Quebecor Inc. (TSX:QBR.A,QBR.B) is a holding company with interests in two companies, Quebecor Media Inc. and Quebecor World Inc. Quebecor holds a 54.7% interest in Quebecor Media, which owns operating companies in numerous media-related businesses: Videotron Ltd., the largest cable operator in Quebec and a major Internet Service Provider and provider of telephone and business telecommunications services; Sun Media Corporation, the largest publisher of newspapers in Canada; Quebecor MediaPages, a publisher of print and online directories; TVA Group Inc., operator of the largest French-language over-the-air television network in Quebec, a number of specialty channels, and the English-language over-the-air station Sun TV; Canoe Inc., operator of a network of English- and French-language Internet properties in Canada; Nurun Inc., a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia; magazine publisher TVA Publishing Inc.; book publisher and distributor Quebecor Media Book Group Inc.; Archambault Group Inc. and TVA Films, companies engaged in the production, distribution and retailing of cultural products, and Le SuperClub Videotron ltee, a DVD and console game rental and retail chain. Quebecor World is a commercial print media services company with operations in North America, Europe, Latin America and Asia.
Contacts: Quebecor Inc. Luc Lavoie Executive Vice President, Corporate Affairs 514-380-1974 Cell.: 514-947-6672 lavoie.luc@quebecor.com
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