MONTREAL, Dec. 18, 2003 - Transcontinental Inc. today announced the acquisition of CC3, a growing company in the direct marketing industry in the United States. CC3 has a network of eight facilities in Pennsylvania, California and Texas, offering a complete range of direct marketing services through its unique integrated platform. It delivers over 1.5 billion direct marketing pieces a year. CC3 has over 1100 employees and annual revenues of about C$167 million (US$127 million). This acquisition is the largest in Transcontinental's history in terms of revenues. CC3 was owned by Providence Equity Partners Inc., a private investment firm with over US$5 billion under management.   The consideration for the

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