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Quebecor Media Inc. Notice of Redemption for Any and All Outstanding 7 3/4% Senior Notes Due March 15, 2016 CUSIP No. 74819RAK2

MONTREAL, QUEBEC -- (Marketwired) -- 03/26/14 --

Pursuant to Sections 3.01, 3.03 and 3.07 of the Indenture (the "Indenture"), dated as of October 5, 2007 by and among Quebecor Media Inc. ("QMI"), a corporation under the laws of the Province of Quebec and U.S. Bank, National Association, as trustee and paying agent (the "Trustee"), notice is hereby given that, subject to the terms of the Indenture, QMI is electing to redeem all outstanding 7 3/4% Senior Notes due March 15, 2016 issued on October 5, 2007 (the "Notes") at a redemption price of 100.000% of the principal amount redeemed, plus accrued and unpaid interest on the Notes redeemed to, but not including, the Redemption Date (as defined below), on the terms set forth below. As at the date of this notice, US$380,000,000 aggregate principal amount of the Notes is outstanding. Capitalized terms used but not defined in this Notice of Redemption have the meaning specified in the Indenture.

Redemption Terms:

Redemption Date:  April 25, 2014 (the "Redemption Date").                   
                                                                            
Redemption Price: US$1,000.00 in principal amount per US$1,000.00 principal 
                  amount redeemed, plus approximately US$27.98611 in accrued
                  and unpaid interest to but not including the Redemption   
                  Date (the "Redemption Price").                            
                                                                            
Paying Agent:     Holders of the Notes will be paid the Redemption Price    
                  upon presentation and surrender of their Notes for        
                  redemption at the Paying Agent's address indicated below. 
                  Notes called for redemption must be so surrendered in     
                  order to collect the Redemption Price. The Paying Agent's 
                  address for delivery of the Notes is as follows:          
                                                                            
                                                                            
Registered & Certified    Regular Mail:             By Hand, Overnight Mail 
Mail:                                               & Courier:              
----------------------------------------------------------------------------
U.S. Bank                 U.S. Bank                 U.S. Bank               
Corporate Trust Services  Corporate Trust Services  Corporate Trust Services
1350 Euclid Ave.          P.O. Box 64111            111 Fillmore Ave E      
Cleveland, OH  44115      St. Paul, MN 55164-0111   St. Paul, MN 55107      

To facilitate prompt payment, the Notes called for redemption should be surrendered as soon as possible to the Paying Agent. SECURITIES HELD IN BOOK-ENTRY FORM WILL BE REDEEMED IN ACCORDANCE WITH THE APPLICABLE PROCEDURES OF THE DEPOSITORY TRUST CORPORATION.

The Notes called for redemption are being redeemed pursuant to Section 3.07 of the Indenture and will become due on the Redemption Date. The Redemption Price will be paid promptly following the later of the Redemption Date and the time of surrender of the Notes called for redemption to the Paying Agent. On the Redemption Date, the Redemption Price will become due and payable upon each Note to be redeemed, and, unless QMI defaults in paying the Redemption Price, interest on the Notes will cease to accrue on and after the Redemption Date.

Neither QMI nor the Trustee shall be held responsible for the selection or use of the CUSIP number listed in this notice, nor is any representation made by QMI or the Trustee as to the correctness or accuracy of the CUSIP number listed in this notice or printed on the Notes. They are included solely for the convenience of the Holders.

If you have any questions concerning this notice of redemption, please contact Jean-Francois Pruneau, Senior Vice President and Chief Financial Officer, at (514) 380-4144 or via mail c/o Quebecor Media Inc., 612 St-Jacques Street, Montreal, Quebec, Canada, H3C 4M8.

IMPORTANT NOTICE AND TAXPAYER INFORMATION

Under current United States federal income tax law, backup withholding, at a rate of 28%, generally may apply to the payment of gross redemption proceeds, unless (i) in the case of a non-corporate holder that is a beneficial owner of Notes and that is a United States person (as determined for U.S. federal income tax purposes), the paying agent has received a properly completed IRS Form W-9 setting forth the holder's taxpayer identification number, or (ii) the holder otherwise establishes an exemption. A holder that is a beneficial owner of Notes and that is not a United States person (as determined for U.S. federal income tax purposes) generally may establish an exemption from backup withholding by providing to the paying agent an IRS Form W-8BEN, upon which it certifies its foreign status.

Direct inquiries to the Trustee by telephone at 800-934-6802 or by Fax at 216-623-9202.

Quebecor Media Inc.                                                         
By: U.S. Bank, National Association, As Trustee                             
This notice of redemption is dated and given this 26th day of March, 2014.  

Contacts:
Jean-Francois Pruneau
Senior Vice President and Chief Financial Officer
Quebecor Media Inc.
514-380-4144

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