Press Releases

Yellow Media Inc. Announces 2012 Third Quarter Results Release Date

Conference Call with Analysts at 9 a.m. (Eastern Time)

Montreal (Quebec), October 30, 2012 – Yellow Media Inc. announces that it will issue its 2012 third quarter results, for the period covering July 1 to September 30, 2012 on November 6, 2012. A conference call will be held on the same day at 9 a.m. (Eastern Time) to discuss the results.

Yellow Media Reaches Settlement with Holders of Existing Convertible Unsecured Subordinated Debentures and Amends Proposed Recapitalization

Montreal (Quebec), October 17, 2012 — Yellow Media Inc. (TSX: YLO) announced today that it reached a settlement with the ad hoc committee of holders of existing convertible unsecured subordinated debentures contesting the Company's proposed recapitalization, as a result of which the ad hoc committee agreed to support the recapitalization and withdraw all contestation in respect thereof.

Yellow Pages Group One of Canada’s Top Employers

For the seventh consecutive year, Yellow Pages Group has been ranked among the 100 best employers in the country

Montreal (Quebec), October 10, 2012 – Yellow Pages Group is proud to announce that it is among Canada’s Top 100 Employers for the seventh year in a row. The annual list, produced by Mediacorp Canada Inc., publisher of employment-related periodicals and online directories, is a highly coveted recognition among Canadian businesses.

Yellow Media Provides Additional Information Regarding Safeguard Order

Montreal (Quebec), September 28, 2012 — Yellow Media Inc. (TSX: YLO) provides today additional information with respect to the safeguard order granted by the Québec Superior Court on September 14, 2012. The safeguard order is effective until ten (10) days following the judgment of the Québec Superior Court on the final orders sought at the hearing for the final approval of its proposed recapitalization, subject to any further order of the Court. The October 1, 2012 scheduled interest payment on Yellow Media’s convertible debentures is thereby suspended by the Court’s safeguard order and will not be paid ...

Yellow Media Obtains Safeguard Order

Montreal (Quebec), September 19, 2012 — Yellow Media Inc. (TSX: YLO) announced today that, as a result of the hearing for the final approval of its proposed recapitalization by the Québec Superior Court having been set to begin on October 15, 2012, the Court has granted an order suspending Yellow Media's obligation to pay any principal or interest or any similar payment accruing on or after September 30, 2012 under its existing credit facilities and medium term notes. Accordingly, the $25 million principal repayment due October 1, 2012 under Yellow Media's existing credit facilities will not be paid.

Residential Phone Directories Distributed Only by Request in Seventeen Canadian Cities

Montreal (Quebec), September 14, 2012 – Yellow Pages Group (YPG) announced today that residential phone directories, which are used to find personal telephone numbers, will no longer be automatically distributed in 17 more Canadian cities, namely Ajax, Oshawa, London, Burlington, Hamilton, Brampton, Mississauga, Oakville, Kitchener–Waterloo, Markham, Newmarket, Richmond Hill, Barrie, Windsor, Montreal West, the Montreal South Shore and Laval.

Yellow Media Updates Timing for Completion of Recapitalization

Montreal (Quebec), September 10, 2012 — Yellow Media Inc. (TSX: YLO) announced today that, following the approval of the recapitalization by the requisite majority of the Company's debtholders and shareholders at their respective meetings held on September 6, 2012, the hearing for the final approval of the recapitalization by the Québec Superior Court has been set by the Court to begin on October 15, 2012.

Yellow Media Inc.’s Proposed Recapitalization Transaction Receives TSX Conditional Approval

Montreal (Quebec), September 7, 2012 — Yellow Media Inc. (TSX: YLO) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has conditionally approved the issuance (the “Issuance”) and the listing of up to 48,179,730 new common shares of Yellow Media Ltd. (the “New Common Shares”) issuable pursuant to Yellow Media’s previously announced proposed recapitalization transaction (the “Recapitalization”) to be implemented pursuant to a plan of arrangement (the “Plan of Arrangement”) under the Canada Business Corporations Act. The 48,179,730 New Common Shares approved for listing represent both the New Common Shares issuable pursuant to the ...

Yellow Media's Debtholders and Shareholders Approve Recapitalization

Montreal (Quebec), September 6, 2012 — Yellow Media (TSX: YLO) announced today that its proposed recapitalization has been approved by the requisite majority of its debtholders and shareholders at their respective meetings, both of which were held earlier today in Montréal.

Yellow Media Amends Proposed Recapitalization

Montreal (Quebec), September 4, 2012 — Yellow Media Inc. (TSX: YLO) announced today that, in connection with its proposed recapitalization, it has amended the plan of arrangement to be considered and voted upon by the Company's debtholders and shareholders at the meetings scheduled to be held this coming Thursday, September 6, 2012.