Transcontinental to Acquire Canadian Assets of Quad/Graphics and to Sell its Mexican Assets

(Press Release) Montreal, July 13, 2011 – Transcontinental Inc. and Quad/Graphics Inc. have entered into a definitive agreement pursuant to which Transcontinental will indirectly acquire all the shares of Quad Graphics Canada Inc. In a separate transaction, Transcontinental has also reached an agreement to sell its Mexican operations as well as transfer its black and white book printing business, destined for U.S. export, to Quad/Graphics. The definitive agreement has been approved by the Boards of Directors of both Transcontinental and Quad/Graphics.