CDP Capital d'Amérique Investissements Inc. prices secondary private placement of Quebecor Inc. 4.125% convertible unsecured subordinated debentures due 2018

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

MONTREAL, June 12, 2013 /CNW Telbec/ - Quebecor Inc. and Caisse de dépôt et placement du Québec today announced the pricing of the secondary private placement by CDP Capital d'Amérique Investissements Inc. ("CDP Capital"), a subsidiary of Caisse de dépôt et placement du Québec ("Caisse"), of C$305,000,000 aggregate principal amount of Quebecor's 4.125% convertible unsecured subordinated debentures due 2018 (the "Debentures"). The Debentures will be sold at 104% of their principal amount at maturity. All of the Debentures are being sold by CDP Capital and Quebecor will not receive any proceeds from the sale of the Debentures in this secondary private placement, which is part of the transaction announced on October 3, 2012 allowing the Caisse to rebalance its portfolio by disposing of part of this significant position in the media and telecommunications industry.

This press release is not an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933 or applicable state securities laws, and the securities may not be offered or sold in the United States absent registration or an applicable exemption from registration. The securities mentioned herein have not been and will not be qualified for sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the debentures in Canada will be made on a basis which is exempt from the prospectus and dealer registration requirements of such securities laws.

Cautionary Statement regarding Forward-Looking Statements

The statements in this press release that are not historical facts are forward-looking statements and are subject to significant known and unknown risks, uncertainties and assumptions that could cause the Corporation's actual results for future periods to differ materially from those set forth in the forward-looking statements. Forward-looking statements may be identified by the use of the conditional or by forward-looking terminology such as the terms "plans," "expects," "may," "anticipates," "intends," "estimates," "projects," "seeks," "believes" or similar terms, variations of such terms or the negative of such terms. Certain factors that may cause actual results to differ from current expectations include seasonality (including seasonal fluctuations in customer orders), operating risk (including fluctuations in demand for Quebecor's products and pricing actions by competitors), insurance risk, risks associated with capital investment (including risks related to technological development and equipment availability and breakdown), environmental risks, risks associated with labour agreements, risks associated with commodities and energy prices (including fluctuations in the cost and availability of raw materials), credit risk, financial risks, debt risks, risks related to interest rate fluctuations, foreign exchange risks, risks associated with government acts and regulations, risks related to changes in tax legislation, and changes in the general political and economic environment. Investors and others are cautioned that the foregoing list of factors that may affect future results is not exhaustive and that undue reliance should not be placed on any forward-looking statements. For more information on the risks, uncertainties and assumptions that could cause Quebecor's actual results to differ from current expectations, please refer to Quebecor's public filings available at <www.sedar.com> and <www.quebecor.com> including, in particular, the "Risks and Uncertainties" section of Quebecor's Management Discussion and Analysis for the year ended December 31, 2012.

Quebecor expressly disclaims any obligation or intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

SOURCE: CAISSE DE DEPOT ET PLACEMENT DU QUEBEC

Maxime Chagnon 
Senior Director, Media Relations
Caisse de dépôt et placement du Québec
[email protected]
514 847-5493

Jean-François Pruneau 
Senior Vice President and Chief Financial Officer
Quebecor Inc. and Quebecor Media Inc.
[email protected]
514 380-4144