Quebecor Media Inc. Announces Notice of Redemption for a

Quebecor Media Inc. Announces Notice of Redemption for a Portion of
its 7 3/4% Senior Notes Due March 15, 2016 
MONTREAL, QUEBEC -- (Marketwire) -- 10/03/12 -- Quebecor Media Inc.
("Quebecor Media") today announced that it has issued a notice of
redemption for US$320,000,000 aggregate principal amount of its
outstanding 7 3/4% Senior Notes due March 15, 2016 (CUSIP 74819RAK2)
(the "Notes"). A notice of redemption (the "Redemption Notice")
pursuant to the terms of the indenture governing the Notes (the
"Indenture") is being distributed by U.S. Bank, National Association,
the trustee under the Indenture. The Redemption Notice issued today
states that the redemption date is November 2, 2012 (the "Redemption
Date"), and the redemption price is 102.583% of the principal amount
of the notes redeemed, plus accrued and unpaid interest to the
Redemption Date. Questions regarding this redemption should be
directed to U.S. Bank, National Association, by telephone at
1-800-934-6802 or by facsimile at (216) 623-9202. 
This press release is not an offer to sell or the solicitation of an
offer to buy securities in any jurisdiction. The notes mentioned
herein have not been registered under the United States Securities
Act of 1933 or applicable state securities laws, and the notes may
not be offered or sold in the United States absent registration or an
applicable exemption from registration. The notes 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
notes in Canada will be made on a basis which is exempt from the
prospectus and dealer registration requirements of such securities
laws. 
About Quebecor Media Inc. 
Quebecor Media Inc. is a subsidiary of Quebecor Inc. (TSX:QBR.A)
(TSX:QBR.B), one of Canada's most important holding companies
operating in the telecommunications and media businesses. With more
than 16,000 employees, Quebecor Media Inc., through its subsidiary
Videotron Ltd., is an integrated communications company engaged in
cable television, interactive multimedia development, Internet access
services, cable telephone services and mobile telephone services.
Through Sun Media Corporation, Quebecor Media Inc. is the largest
publisher of newspapers in Canada. It also operates Canoe.ca and its
network of English and French language Internet properties in Canada.
In the broadcasting sector, Quebecor Media Inc. operates, through TVA
Group Inc., the number one French language general interest
television network in Quebec, a number of specialty channels and the
SUN News English language channel. Another subsidiary of Quebecor
Media Inc., Nurun Inc., is a major interactive technologies and
communications agency with offices in Canada, the United States,
Europe and Asia. Quebecor Media Inc. is also active in magazine
publishing (TVA Publishing Inc.), book publishing and distribution
(Sogides Group Inc. and CEC Publishing Inc.), the production,
distribution and retailing of cultural products (Archambault Group
Inc. and TVA Films), video game development (BlooBuzz Studios Inc.),
DVD, Blu-ray disc and videogame rental and retailing (Le SuperClub
Videotron Ltd), the printing and distribution of regional newspapers
and flyers (Quebecor Media Printing Inc. and Quebecor Media Network
Inc.), news content production and distribution (QMI Agency),
multiplatform advertising solutions (QMI Sales) and the publishing of
printed and online directories, through Quebecor MediaPages(TM). 
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 which could cause
Quebecor Media'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 Media'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 Media's actual results to
differ from current expectations, please refer to Quebecor Media's
public filings available at www.edgar.com and www.quebecor.com
including, in particular, the "Item 3. Key Information - Risk
Factors" as well as statements located elsewhere in Quebecor Media's
annual report on Form 20-F for the year ended December 31, 2011. 
The forward-looking statements in this press release reflect Quebecor
Media's expectations as of October 3, 2012, and are subject to change
after that date. Quebecor Media 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.
Contacts:
Jean-Francois Pruneau
Chief Financial Officer
Quebecor Media Inc.
(514) 380-4144