Videotron Reaches Agreement With 2,822 Unionized Employees and Renews Collective Agreements to 2013, 2014 and 2015

* Reuters is not responsible for the content in this press release.

Mon Mar 30, 2009 2:31pm EDT

  MONTREAL, QUEBEC, Mar 30 (MARKET WIRE) -- 
Editors note: A photo for this release will be available on Marketwire's
website

    Videotron management is pleased to announce that its employees have
approved, by a 95% yes vote, an agreement in principle between the
employer and CUPE (FTQ) union representatives.

    The five-year agreement renews the labour contracts of unionized
employees in Montreal (including Sherbrooke) and Quebec City until
December 31, 2013, in Saguenay-Lac St-Jean until January 31, 2014, and in
Gatineau until August 31, 2015.

    Today's announcement covers all of Videotron's unionized employees across
Quebec, including those working at the Client Contact Centres in Ville de
Saguenay, Sherbrooke, Gatineau, Quebec City and Montreal, and the centre
slated to open this summer in Joliette.

    "We are pleased to have reached an agreement to renew our collective
agreements with our employees," said Robert Depatie, President and Chief
Executive Officer of Videotron. "This settlement will help us continue
our growth and carry out our business plan going forward. Increased
operational flexibility will enable us to implement some major projects,
such as building out our wireless network and modernizing our existing
network, and to deliver the best possible customer experience. Renewal of
our collective agreements is therefore a positive development for both
the Company and its 2,822 employees. I am very proud of our people's
work, and I want to stress that union representatives have shown a very
open attitude in our joint endeavour."

    "Early renewal of our collective agreements with many of our employees
shows it is possible to change work organization through negotiations
based on mutual respect, to the satisfaction of both employees and
management," said Pierre Karl Peladeau, President and Chief Executive
Officer of Quebecor. "I am very satisfied with this joint step forward,
which will make it possible for Quebecor Media to press ahead with
projects that entail major investments and job creation for Quebec."

    Videotron Ltd. (www.videotron.com), a wholly owned subsidiary of Quebecor
Media Inc., is an integrated communications company engaged in cable
television, interactive multimedia development, Internet access services,
cable telephony and wireless telephone service. Videotron is a leader in
new technologies with its illico interactive television system and its
broadband network, which supports high-speed cable Internet access,
analog and digital cable television, and other services. As of December
31, 2008, Videotron was serving 1,715,616 cable television customers in
Quebec, including 927,322 illico Digital TV subscribers. Videotron is the
Quebec leader in high-speed Internet access, with 1,063,847 subscribers
to its cable modem service, as of December 31, 2008. On that date,
Videotron had activated 63,402 lines on its wireless telephone service
and was providing cable telephone service to 851,987 Quebec households
and organizations.

Contacts:
Videotron Ltd.
Eve Lacasse
Specialist, Media and Analysts
Corporate Communications
514-380-7772
Mobile: 514-516-7772

Copyright 2009, Market Wire, All rights reserved.

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