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Montreal, October 25, 2006 –
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
TraderTM, Auto HebdoTM
and related vehicle listings publications, Buy & SellTM
publications, TriadTM, 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 TraderTM,
Auto HebdoTM, The Bargain FinderTM,
Buy&SellTM, Renters NewsTM
and Home Renters’ GuideTM. For more
information about Trader Corporation, visit www.tradercorporation.com.
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For Information:
Media
Jake Brennan
Media Relations Coordinator
Transcontinental Inc.
Telephone: (514) 954-4000
jake.brennan@transcontinental.ca
Financial Community
Stéphane Milot
Director, Investor Relations and
External Communications
Transcontinental Inc.
Telephone: (514) 954-2821
stephane.milot@transcontinental.ca
Trader Corporation
Annie Marsolais
Director, Corporate Communications
Trader Corporation
Tel: (514) 934-4016
annie.marsolais@ypg.com
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