Monday, January 09, 2006

Quebecor World Sells its 51% Participation in Quebecor Merrill Canada Inc. to Partner Merrill Corporation
This transaction, combined with the recent sale of its US and Canadian commercial printing entities, concludes Quebecor World’s divestiture of its non-core assets announced earlier this year.

St. Paul, Minn. — Quebecor World Inc. (NYSE:IQW, TSX:IQW.SV) and Merrill Corporation (“Merrill”), announced today that Merrill, through its Canadian subsidiary, Merrill Corporation Canada, has completed the purchase of the 51% of the shares of Quebecor Merrill Canada Inc. (“QMC”) held by Quebecor World Inc. After this transaction, which became effective December 31st, 2005, Merrill owns 100% of the shares of QMC, which specializes in financial document services with offices in Montreal, Toronto, Calgary and Vancouver. The terms of the transaction were not disclosed.

This transaction, combined with the recent sale of its US and Canadian commercial printing entities, concludes Quebecor World’s divestiture of its non-core assets announced earlier this year.

“We look forward to continuing the success of QMC,” said Mr. Rick Atterbury, President & COO of Merrill Corporation. “In addition to further investing in our current capabilities, we will also be expanding the services offered to the legal, financial and corporate community.”

About Merrill Corporation
Founded in 1968, Merrill Corporation (www.merrillcorp.com) is a leading global provider of technology-enabled service solutions for the financial, legal, real estate and other corporate markets. Merrill combines deep industry expertise with superior service and infrastructure to deliver world-class document, brand marketing, print, fulfillment, language and e-business solutions. With more than 4,400 people in 60 locations, Merrill empowers the communications of the world’s leading companies.

About Quebecor World
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, direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. Quebecor World has approximately 32,000 employees working in more than 140 printing and related facilities in the United States, Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia, Finland, France, India, Mexico, Peru, Spain, Sweden, Switzerland and the United Kingdom.

Web address: www.quebecorworld.com

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