SUN MEDIA CORPORATION ANNOUNCES SUCCESSFUL CONCLUSION OF ITS EXCHANGE OFFER FOR ITS 7 5/8% SENIOR NOTES DUE 2013Toronto, June 3, 2003. Sun Media Corporation (the “Company”) announced today that its offer to exchange (the “Exchange Offer”) up to US$205,000,000 principal amount of its 7 5/8% Senior Notes due in 2013 (the “Initial Notes”) for an equal principal amount of new notes (the “Exchange Notes”) registered under the Securities Act of 1933, as amended, expired at 5:00 p.m., New York City time, on Friday, May 30, 2003 (the “Expiration Date”). The Company was advised by National City Bank, the Exchange Agent for the Exchange Offer, that the Company had received tenders of $205,000,000 principal amount, or 100 percent, of the Initial Notes as of the Expiration Date, and the Company has accepted the tenders of all such Initial Notes, which will be exchanged for the Exchange Notes. Sun MediaSun Media Corporation, a subsidiary of Quebecor Media Inc., itself a subsidiary of Quebecor Inc., is the second largest newspaper publishing company in Canada, publishing 16 daily newspapers and serving 8 of the top 11 urban markets in Canada. Sun Media also publishes 178 weekly newspapers and speciality publications across Canada. - 30 - -For further information, please contact:Luc Lavoie Executive Vice-President, Corporate Affairs Quebecor Inc. Office: (514) 380-1974 Cell.: (514) 236-8742 lavoie.luc@quebecor.com
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