Quebecor Media Announces Take-Up and Acquisition of 9,244,329 Nurun Common Shares

MONTREAL, QUEBEC not already held by it and its affiliates, its wholly-owned subsidiary, 4434943 Canada Inc., has taken up and acquired 9,244,329 Nurun common shares representing approximately 59.11% of the Nurun common shares issued and outstanding at the close of business on February 15, 2008 and not already held by Quebecor Media and its affiliates, for a price of Cdn$4.75 per share. The take-up and acquisition of 9,244,329 Nurun common shares by Quebecor Media will allow it to proceed with the privatization of Nurun through a compulsory acquisition ("squeeze-out") transaction in the event, as at the expiration of the offer, not less than 90% of the shares subject to the offer are tendered, or, alternatively, through a subsequent acquisition transaction.

Following the take-up and acquisition of the 9,244,329 Nurun common shares earlier today, Quebecor Media now owns, directly and indirectly, 81.84% of all currently issued and outstanding Nurun common shares. Quebecor Media's offer for Nurun common shares continues to remain open for acceptance until its expiration at 8:00 p.m. (Montreal time) on February 19, 2008. Payment for the Nurun common shares taken up and acquired by Quebecor Media earlier today is expected to be made on or before February 20, 2008.

About Quebecor Media

Quebecor Media Inc., a subsidiary of Quebecor Inc., owns operating companies in numerous media-related businesses: Videotron Ltd., the largest cable operator in Quebec and a major Internet Service Provider and provider of telephone and business telecommunications services; Sun Media Corporation, Canada's largest national chain of tabloids and community newspapers; TVA Group Inc., operator of the largest French-language general-interest television network in Quebec, a number of specialty channels, and the English-language general-interest station Sun TV; Canoe Inc., operator of a network of English- and French-language Internet properties in Canada; Nurun Inc., a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia; companies engaged in book publishing and magazine publishing; and companies engaged in the production, distribution and retailing of cultural products, namely Archambault Group Inc., the largest chain of music stores in eastern Canada, TVA Films, and Le SuperClub Videotron ltee, a chain of video and video game rental and retail stores.

Contacts: Quebecor Media Luc Lavoie Executive Vice President, Corporate Affairs 514-380-1974 lavoie.luc@quebecor.com

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