Change In Senior Management at Transcontinental.

MONTREAL--(BUSINESS WIRE)--May 10, 1999--

G.T.C. (ME:GRT.A.) (ME:GRT.B.) (ME:GRT.PR.C.) (TSE:GRT.A.) (TSE:GRT.B.) (TSE:GRT.PR.C.) Transcontinental Group today announced the departure of Pierre Dupuis, President and Chief Operating Officer, effective June 4, 1999.

This departure follows the Corporation's decision to restructure its senior management and eliminate the position of President and COO. The current sector structure will remain unchanged except that the presidents will now report directly to Remi Marcoux, who will thus fulfill the functions of Chairman of the Board, President and Chief Executive Officer. Pierre Dupuis will help ensure a smooth transition until the end of the month. He will also continue to sit on the Corporation's Board of Directors, as he has done since the Corporation became public 15 years ago.

"As President and Chief Operating Officer," declared Remi Marcoux, "Pierre Dupuis provided excellent services to Transcontinental. On behalf of the senior management team and employees, I'd like to thank him for his contribution. I am happy that Pierre has agreed to continue to sit on the Corporation's Board."

One of the ten largest commercial printers in North America, G.T.C. Transcontinental Group Ltd. is a Canadian corporation also engaged in door-to-door distribution of advertising material, publishing, compact-disc production, and in electronic information and commerce. The Corporation also offers direct marketing services. Through this completely integrated network, Transcontinental is able to provide its customers total service. In 1998, its revenues reached $1.337 billion. Transcontinental Group's Shares are listed on the Montreal and Toronto stock exchanges.