LesAffaires.com launches Carrefour PME, a portal for Quebec business projects and opportunities

Montreal, December 13, 2004 – The weekly business newspaper Les Affaires and the www.lesaffaires.com website announced today the launch of a new commercial information service (paper and Web) covering Quebec business projects and opportunities. The new service can be found on page 25 of the newspaper or online at www.lesaffaires.com/carrefourpme/. It is produced in partnership with Relationnel Canada.

“This media initiative will allow companies, entrepreneurs and investors to communicate information about their business projects more extensively, creating new business opportunities,” says Yves Daoust, General Manager of new media at Transcontinental Media. “Carrefour PME is more than a classified advertising site. You can find complete business projects related to the purchase or sale of companies; it can help you search for financing or partners, and give you information on the availability of risk capital funds.”

With the new Carrefour PME service now on line on the www.lesaffaires.com site, companies and entrepreneurs can also identify business advisers who will assist them in starting up or moving ahead with their business projects. A database of more than 1,000 consulting firms is available on the site.

Les Affaires publisher Jean-Paul Gagné says the newspaper “is continuously innovating to be able to offer the economic or financial information people need. Providing broader exposure to business opportunities and projects in Quebec is, beyond a doubt, a pressing requirement to allow companies to do business at a more rapid pace.”

Philippe Racine, President of Relationnel Canada, sees the complementarity between Web and paper as a unique offer for Quebec companies. “Connecting interactively also improves the chances of success for entrepreneurs’ business projects.”

About les affaires.com

LesAffaires.com is the electronic continuation of the weekly business newspaper Les Affaires. LesAffaires.com is an indispensable source of Quebec economic and financial information and is Quebec's most visited business site, with 200,000 visitors a month on average. 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 $505 million in 2003, Transcontinental Media is the country's leading publisher of consumer magazines and its second-largest publisher of community newspapers. It is also Canada's leading door-to-door distributor of advertising material, most notably through Publi-Sac, which is distributed to 2.8 million households in Quebec each week. Transcontinental Media is a subsidiary of Transcontinental Inc., a Canadian corporation whose shares are listed on the Toronto Stock Exchange under the ticker symbol TCL.SV.A

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Information:

Yves Daoust, general manager of new media, Transcontinental Media (514) 392-2003