As provided by the agreement signed in September 2015 between the Caisse de dépôt et placement du Québec (the Caisse), Quebecor Media announced today that it has purchased and cancelled 541,899 common shares from the Caisse, for a consideration of approximately $38 million. Following the transaction, the Caisse holds 17,628,911 common shares of Quebecor Media or an 18.47% interest.