Transcontinental Reports Gains for Fiscal Year Despite Q4 Loss

As at October 31, 2008, the Corporation purchased 2,894,100 of its Class A Subordinate Voting Shares at a weighted average price of $16.77 for a total consideration of $48.5 million. It also bought 8,000 of its Class B Shares at a weighted average price of $18.34 for a total consideration of $0.2 million. The purchases were made in the normal course of business at market prices through the facilities of the Toronto Stock Exchange in accordance with the requirements of the Exchange.