INVESTMENTAKTIENGESELLSCHAFT FÜR LANGFRISTIGE INVESTOREN TGV ACQUIRES COMMON
SHARES OF MCGRAW-HILL RYERSON LIMITED

TORONTO, Oct. 27 /CNW/ - Investmentaktiengesellschaft für langfristige Investoren TGV  (the "Purchaser") today announced that, through its subfund, Langfrist 1, on October 26, 2010 it purchased on the Toronto Stock Exchange, 100 common shares (the "Shares") of McGraw-Hill Ryerson Limited (the "Company") for an aggregate purchase price of $4,974.00, representing $49.74 per Share. The Shares represent approximately 0.005% of the outstanding common shares of the Company (the "Common Shares"). As a result, the Purchaser, indirectly through Langfrist 1, beneficially owns 199,700 Shares representing 10.002% of the outstanding Common Shares.  This news release is being issued under the early warning provisions of Canadian securities legislation.

The Purchaser purchased the securities for investment purposes and may or may not purchase or sell securities of the Company in the future on the open market or in private transactions, depending on market conditions and other factors to the extent permitted by applicable law and regulation.

For further information:

A copy of the Early Warning Report that will be filed with the applicable securities commissions can be obtained by contacting:

Investmentaktiengesellschaft für langfristige Investoren TGV
Jens Große-Allermann
Rüngsdorfer Straße 2e
DE-53173 Bonn
Germany
[phone]