La Presse concludes an agreement in principle with its four FTQ-affiliated
unions

MONTREAL , Oct. 28 /CNW Telbec/ - Guy Crevier , president and publisher of La Presse, announced today that management of La Presse has entered into an agreement in principle with its four unions affiliated with the FTQ (advertising, preparation, internal printing and boiler room).

Details of the agreement will be revealed to employees at general meetings taking place during the day tomorrow, Thursday, October 29 , when members of the unions concerned will be invited to vote in favour of the terms of the new agreements.

In related developments, negotiations are continuing with the four CSN unions (editorial staff, clerical staff, computing and distribution).

About La Presse

La Presse is Canada's French-language national reference newspaper. Based in Montreal , the daily serves a readership of 815,900 and features rich and diversified coverage of local, national and international news, maintaining correspondents in New York, Washington, Los Angeles , London and Paris ; and with its in-depth articles and series and a roster of award-winning journalists, columnists and editorialists, La Presse is not only a leading source of news but also an important forum for ideas, discussion and exchange. La Presse is owned by Gesca, a subsidiary of Power Corporation of Canada (TSE: POW) that specializes in the publication of newspapers as well as news websites.

For further information: Caroline Jamet, Vice-president, Communications, La Presse, [phone]