Quebecor announces results of tender offer to purchase 7.75% Senior Notes due March 15, 2016; no additional notes had been validly tendered between April 8 and April 24, with US$290,905,000 aggregate principal amount of notes remaining

Aimee Bellah

MONTREAL , April 24, 2014 (press release) – Quebecor Media Inc. (“Quebecor Media”) today announced that, in connection with its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its 7¾% Senior Notes due March 15, 2016 (CUSIP 74819RAK2) (the “Notes”)which expired at 12:01 a.m., New York City time, on April 24, 2014(such date and time, the “Expiration Date”), the tender offer and information agent for the Notes under the Tender Offer has advised Quebecor Media that, between April 8, 2014 (the “Early Participation Date”) and the Expiration Date, no additional principal amount of the Notes has been validly tendered pursuant to the Tender Offer.

Based on the foregoing, approximately US$290,905,000aggregate principal amount of Notes had not been tendered as of the Expiration Date.

As announced on March 26, 2014, Quebecor Media intends to redeem, on April 25, 2014, all of its Notes outstanding on April 25, 2014 at a price equal to 100.000% of such Notes, plus accrued and unpaid interest pursuant to the terms of the indenture governing the Notes.

This announcement does not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell securities in any jurisdiction, or in any circumstances in which such offer or solicitation is unlawful.In those jurisdictions where the securities laws require the Tender Offer to be made by a licensed broker or dealer, the Tender Offer was deemed to be made by the Dealer Managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction. The securities mentioned herein have not been and will not be qualified for sale to the public under applicable Canadian securities laws.

About Quebecor Media

Quebecor, a Canadian telecommunications, entertainment and news media leader, is one of the best-performing integrated communications companies in the industry. Driven by their determination to deliver the best possible customer experience, all of Quebecor’s subsidiaries and brands are differentiated by their high-quality, multiplatform, convergent products and services.

Quebecor (TSX: QBR.A, QBR.B) is firmly based in Québec. It holds a 75.36% interest in Quebecor Media, which employs more than 15,000 people in Canada.

A family business founded in 1950, Quebecor is strongly committed to the community. Every year, it actively supports people working with more than 400 organizations in the vital fields of culture, health, education, the environment and entrepreneurship.

Visit our website: www.quebecor.com

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