Les Affaires and QuebecCommerce.com join in providing an interactive service for the sale and purchase of businesses and companies

Montreal, September 6, 2005 - Les Affaires, LesAffaires.com and QuebecCommerce.com today announced an exclusive agreement to provide a new Web-based service to help locate businesses and companies for sale. Available at www.lesaffaires.com/carrefourpme/, this new service gives small and medium-size companies the opportunity to advertise their businesses for sale both on the Web and in Les Affaires for less than $100 per issue.

Jean-Paul Gagné, publisher of Les Affaires, says “this agreement enables us to raise the visibility of businesses for sale in Quebec. It also helps speed up the selling process by offering a window on the combined newspaper and Internet market and to increase sales potential among buyers. The integration of the QuebecCommerce site with LesAffaires.com is already allowing us to offer information on more than 800 businesses that are up for sale across Quebec.”

Yves Daoust, general manager of new media at Transcontinental Media, says “the addition of this service to the Carrefour PME section rounds out our offering to small and medium companies and to business intermediaries. The visibility of Les Affaires combined with the interactive nature of Web searches provides unique advantages to anyone wanting to sell a business. The site already contains information on businesses that are for sale in several sectors such as the restaurant business, the retail trade, specialized services, and so on.”

Marc Suidan, president of QuebecCommerce.com, says “this partnership helps create the largest electronic marketplace for small businesses. By joining Les Affaires and Carrefour PME, we are confident we can offer to small business owners who wish to sell and to investors looking for business opportunities, a unique service that is quick and effective.”

About Les Affaires and LesAffaires.com

The weekly newspaper Les Affaires is the top information source on business and financial news for Quebec decision-makers – managers, professionals, entrepreneurs, financiers, etc…- with 374,000 readers per week, according to the Print Measurement Bureau.

Lesaffaires.com is Quebec’s leading business website. It is produced by Les Affaires, Quebec decision-makers’ paper. The site draws more than 300,000 unique visitors per month. LesAffaires.com and Les Affaires newspaper are products of Transcontinental Media.

About Transcontinental Media

The fourth largest print media group in Canada, with more than 3000 employees and annual revenues of $524 million in 2004, Transcontinental Media is the country’s leading publisher of consumer magazines and the largest publisher of community newspapers in Eastern Canada. This subsidiary of Transcontinental Inc. also publishes the weekday daily Métro in Montreal. It is also, through Publi-Sac, Quebec’s leading door-to-door distributor of advertising material. Transcontinental Media is a subsidiary of Transcontinental Inc. whose shares are listed on the Toronto Stock Exchange under the ticker symbols TCL.SV.A and TCL.MV.B.

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For further information, please contact:

Yves Daoust
Transcontinental Media
Consumer Publications
General Manager New Media
1100 René-Lévesque Blvd. West, 24th Floor Montreal, Qc H3B 4X9
Tel.: 514 392-2003, Fax: (514) 392-4726, (cell.: 514 233-9839)

TRANSCONTINENTAL MEDIA

1100 Rene-Levesque Blvd. West
24th Floor
Montreal, Quebec
H3B 4X9
Telephone: (514) 392-9000

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