Quebecor World will beproceeding as scheduled with its Canadian court hearing on May 14, 2009with respect to the convening of a creditors' meeting for theconsideration of its proposed plan of reorganization and compromise underthe Companies' Creditors Arrangement Act and the Canada BusinessCorporations Act as well as with its U.S. Bankruptcy Court hearing on May15, 2009 with respect to its disclosure statement, as amended, and thevoting by creditors of its U.S subsidiaries party to the U.S creditorprotection proceedings on its proposed U.S. plan of reorganization, asamended.Forward looking statementsTo the extent any statements made in this press release containinformation that is not historical, these statements are forward-lookingstatements within the meaning of Section 27A of the Securities Act of1933, as amended, and Section 21E of the Securities Exchange Act of 1934,as amended, and are forward-looking information within the meaning of the"safe harbor" provisions of applicable Canadian securities legislation(collectively "forward-looking statements"). These forward-lookingstatements relate to, among other things, prospects of Quebecor WorldInc.'s (the "Company") industry and its objectives, goals, strategies,beliefs, intentions, plans, estimates, projections and outlook, and cangenerally be identified by the use of words such as "may," "will,""expect," "intend," "estimate," "anticipate," "plan," "foresee,""believe" or "continue" or the negatives of these terms, variations onthem and other similar expressions.

In addition, any statements thatrefer to expectations, projections or other characterizations of futureevents or circumstances are forward-looking statements. The Company hasbased these forward-looking statements on its current expectations aboutfuture events. Forward-looking statements do not take into account theeffect of transactions or other items announced or occurring after thestatements are made. For example, they do not include the effect ofdispositions, acquisitions, other business transactions, assetwrite-downs or other charges announced or occurring after theforward-looking statements are made.Although the Company believes that the expectations reflected in suchforward-looking statements are reasonable, it can give no assurance thatthese expectations will prove to have been correct, and forward-lookingstatements inherently involve risks and uncertainties, and undue relianceshould not be placed on such statements. Certain material factors orassumptions are applied in making forward-looking statements, including,but not limited to, factors and assumptions relating to the Company'sability to emerge from the insolvency proceedings, and actual results maydiffer materially from those expressed or implied in such forward-lookingstatements.Important factors and assumptions as well as the Company's ability toanticipate and manage the risks associated therewith that could causeactual results to differ materially from these expectations are detailedfrom time to time in the Company's filings with the U S. "The M&A (mergers and acquisitions) environment hasimproved since last year as the industry results havedeteriorated as the capital cushions at both the company and atthe parent level have melted," Brindamour said. "With our strong capital base we have the strategicflexibility to move quickly when the right market opportunitiesarise," President and Chief Executive Charles Brindamour told aconference call after the results were released.

ING, Canada's biggest property and casualty insurer, saidit is looking to boost its business in 2009, either throughorganic growth or acquisitions, with capitalization that willallow it to snap up market share. InalsinghAni Marketing Corp.Aruna N. Inalsingh, Ani Marketing Service, +1-917-553-3790,. * Net loss C$0.30/shr on one-time charge Stocks  |  Mergers & Acquisitions * Operating EPS C$0.58, up 3.6 pct * Says eyeing acquisition opportunities * Shares fall 3.8 pct to C$34.94 (Recasts with CEO comment) By Andrea Hopkins TORONTO, May 13 (Reuters) - Home and auto insurer INGCanada Inc IIC.TO posted a first-quarter loss on Wednesdaybut said it is ready to make acquisitions if opportunitiesarise as competitors struggle with losses. GL Associates has beensuccessfully serving the Fortune 500 since 1980.John Lambrianakos, VP of Marketing and Product Development, Cetova Press ContactAruna N. Cetova products uniquely combine Ease-of-Use,Flexible Publishing, Speed, Rapid and Secure Deployment, and Low Cost todeliver unparalleled client value.Founded in 2002 as subsidiary of GL Associates, Cetova has its roots in ERPConsulting, Chart of Accounts Design, and Project Management, and is thereforequite intimate with the pro forma, ad hoc, financial, and non-financialreporting-related pain points faced by end-users.

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