Transcontinental's 2003 Annual Report Garners Important International Recognition

Business Wire,  July 8, 2004  

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MONTREAL -- Transcontinental's (TSX:TCL.A) 2003 annual report was ranked 5th out of a total of 1223 participants from 12 countries in the prestigious 2003 Vision Awards Annual Report Competition organized by the League of American Communications Professionals. The aim of the competition is to encourage excellence in annual report content and graphic presentation around the world. Transcontinental was also ranked first in the Media and Communications category out of a field of 33 competitors. Titled We are different, the annual report received a perfect score on all 10 criteria, earning it the "Platinum Award." Plus, the Letter to Shareholders was rated the best among the 1223 annual reports submitted to the jury.

"This international recognition is further confirmation of our commitment to becoming a world-class company," said Luc Desjardins, president and CEO of Transcontinental Inc. "As a printer and publisher, our annual report is an exemplary calling card in our dealings with our business partners and investors. Every year we try to make it innovative, accessible and complete.

"I'd also like to mention the role played by Transcontinental Litho Acme and its master printers in Montreal," continued Mr. Desjardins. "Not only are they one of Canada's leading annual report printers, successfully overcoming the printing challenges set for them year after year, but they also act as advisors throughout the process, from initial concept to final printing."

To see Transcontinental's 2003 annual report, visit the Corporation's website at http://www.transcontinental.com, or the League of American Communications Professionalssite at http://www.lacp.com/2003vision/competition.htm .

Profile

One of the 10 largest commercial printers in North America, Transcontinental is Canada's largest printer of flyers, books and newspapers, and a strong second in the printing of magazines, catalogues and directories. Through its Canadian and U.S. direct marketing facilities, Transcontinental has the geographic platform and complete service offering needed to cover the entire North American market. The Corporation is also Canada's leading publisher of consumer magazines and its second-largest publisher of community newspapers. In addition, it is engaged in the door-to-door distribution of advertising material, the development and integration of Web solutions, and the electronic aggregation of news and business information. Through this fully integrated network, Transcontinental is able to provide its customers total service. Transcontinental has more than 12,000 employees in Canada, the United States and Mexico, and reported revenues of C$1.9 billion in 2003.

Transcontinental is a Canadian corporation whose shares are listed on the Toronto Stock Exchange under the ticker symbol TCL.A.

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