Transcontinental Reports Gains for Fiscal Year Despite Q4 Loss

The following table reconciles GAAP financial measures to non-GAAP financial measures.

Corporate Affairs
On November 14, 2008, Transcontinental announced the immediate appointment of Brian Reid as president of the Printing Sector. This sector comprises services to retailers and publishers of newspapers, magazines, books and catalogues, direct mail activities in the United States and operations in Mexico. It has about 8,500 employees and annualized revenues of over $1.5 billion. Mr. Reid now also sits on the Corporation’s Executive Committee. He joined Transcontinental in 1992 and from 2003 was the Senior Vice President, Catalogue and Magazine Printing Group, Canada and the United States. Mr. Reid is based in Toronto.