Transcontinental Reports Improved Profitability in Fourth Quarter

Furthermore, at the same meeting, the Board also declared a quarterly dividend of $0.4854 per share on cumulative 5-year rate reset first preferred shares, series D. These dividends are payable on January 15, 2010.

Additional Information

Upon releasing its results for fiscal 2009, Transcontinental will hold a conference call for the financial community today at 4:15 p.m. (ET). Media may hear the call in listen-only mode or tune in to the simultaneous audio broadcast on the Corporation’s Web site at www.transcontinental.com, on the Home Page of the Investors section. The broadcast will be archived for 30 days. To join the call, dial 416-644-3414 or 1 800-733-7571. For media requests for information or interviews, please contact Sylvain Morissette, Vice President, Corporate Communications of Transcontinental, at 514-954-4007.