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BRIEF- Caisse de depot et placement du Quebec to sell partial stake in Quebecor Media

Oct 3 (Reuters) - Quebecor Inc :

* Quebecor Inc., Quebecor Media Inc. and Caisse de depot et placement du Quebec

(CDP) reach an agreement on the partial sale of caisse de depot et placement du

Quebec's interest in Quebecor Media Inc

* Says agreement (the agreement) regarding a partial sale of CDP'S 45.3%

interest in QMI

* QMI intends to finance repurchase of the 20.4 million shares of qmi held by

cdp by accessing financial markets

* Deal provides for the completion of repurchase by qmi of 20,351,307 shares of

QMI held by cdp for $1.0 billion in cash

* Upon completion of deal transactions, cdp will hold 25.44 million shares of

QMI, representing a 24.6% interest in qmi

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