Quebecor World Announces Intention to Reduce UK Workforce.

MONTREAL -- Quebecor World Inc. (NYSE:IQW) (TSX:IQW.SV)announced today that it has entered into discussions with its employees' representatives at its facility in Corby, England with the intention of reducing its workforce. As required by law, Quebecor World and its employees' representatives have begun a 90-day consultation period. Quebecor World isrationalizing its Corby operations because of a reduction in volume that is related to a previously announced non-renewal of an important contract. In addition, the restructuring efforts will likely result in the idling of selected equipment while replacement volume is being secured.

Quebecor World remains committed to the UK market and will continue to provide its customers with the highest level of service. The Company will have no further comment on the extent of the workforce reductions until it has concluded discussions with its employees' representatives.

Quebecor World Inc. (NYSE:IQW) (TSX:IQW.SV) is one of the largest commercial printers in the world. It is a market leader in most of its major product categories which include magazines, inserts and circulars, books, catalogs, specialty printing and direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. Quebecor World Inc. has approximately 37,000 employees working in more than 160 printing and related facilities in the United States, Canada, Brazil, France, the United Kingdom, Belgium, Spain, Austria, Sweden, Switzerland, Finland, Chile, Argentina, Peru, Colombia, Mexico and India.

Web address: www.quebecorworld.com