TVA Group Inc. Announces Final Results of Substantial Issuer Bid

TVA Group Inc. (TSX:TVA.B) ("TVA Group") announces the final results of its
offer (the "Offer") to purchase for cancellation a total of 3,000,000
participating Class B non-voting shares (the "Class B Shares") at a fixed price
of $17.00 per share, which expired on June 2, 2008 at 8:00 p.m. (Montreal time).


Based on the report provided by the depositary for the Offer, a total of
9,189,542 Class B Shares were deposited as at the expiration of the Offer. TVA
Group has purchased for cancellation 3,000,000 Class B Shares (with adjustments
for odd lot purchases and to avoid the purchase of fractional shares) at the
purchase price of $17.00 per share for an aggregate purchase price of
$51,000,000. As a result, shareholders who have deposited Class B Shares
pursuant to the Offer will have approximately 32.6% of their deposited Class B
Shares purchased for cancellation by TVA Group, subject to the odd lot and
fractional share adjustments.


TVA Group and the depositary for the Offer expect that the final proration
factor and exact number of Class B Shares to be taken up and paid for under the
offer will be determined on or about June 4, 2008. Payment for Class B Shares
tendered and accepted for purchase will be made on or before June 5, 2008.
Return of Class B Shares not purchased because of proration or because they were
invalidly deposited will be made as promptly as possible.


The Class B Shares repurchased for cancellation represent approximately 13.2% of
TVA Group's outstanding Class B Shares before giving effect to the repurchase.
After giving effect to the repurchase, there will remain outstanding 19,704,848
Class B Shares.


Important Income Tax Information for TVA Group Shareholders

As described in the Offer to Purchase and Issuer Bid Circular describing the
Offer that was mailed to TVA Group's shareholders, TVA Group is hereby
designating the entire amount of the deemed dividend arising from its purchase
of Class B Shares under the Offer as an "eligible dividend" for purposes of the
enhanced dividend tax credit pursuant to subsection 89(14) of the Income Tax Act
(Canada) and any relevant provincial legislation of comparable effect. This
notice meets the requirements of the Income Tax Act (Canada). Shareholders are
urged to contact their own tax advisors if they have any questions with regard
to the designation of the eligible dividends.


TVA Group Inc., a subsidiary of Quebecor Media Inc., is an integrated
communications company involved in television, the production and distribution
of audiovisual products, and in magazine publishing. TVA Group is one of the
largest private sector producers and the largest private sector broadcaster of
French-language entertainment, information and public affairs programming, and
magazine publishing in North America. TVA also operates SUN TV, a
general-interest station in Toronto. The Company's Class B Shares are listed on
the Toronto Stock Exchange under the ticker symbol "TVA.B".