Transcontinental Inc. Amends Credit Facilities

On May 14, 2008, Transcontinental Inc. amended and restated its syndicated credit facility in the amount of $550,000,000 with Royal Bank of Canada acting as administrative agent, RBC Capital Markets acting as Arranger, National Bank of Canada and The Bank of Nova Scotia acting as Co-Syndication Agents, and the financial institutions party thereto as lenders.

The largest printer in Canada and sixth-largest in North America, Transcontinental is also the country's leading publisher of consumer magazines and French-language educational resources, and its second-largest community newspaper publisher.

Transcontinental Inc. was represented by Corporate Treasurer Donald LeCavalier, by Vice President, Chief Legal Officer and Corporate Secretary Christine Desaulniers, by Legal Counsel Catherine Mateu, and by Sterling Dietze of Stikeman Elliott LLP. Royal Bank of Canada was represented by Martin Thériault of Ogilvy Renault LLP.