TVA.B TVA Group Inc

TVA Group Inc. (TSX:TVA.B) announces an offer to purchase for cancellation up to
2,000,000 of its participating Class B non-voting shares (Class B Shares) for
$17 per share. The offer expires at 8:00 p.m. (Montreal time) on May 14, 2008,
unless extended by the Company. Full particulars of the offer, including the
applicable terms and conditions and the procedures for depositing shares, are
set out in the issuer bid circular that will be mailed to holders of TVA Group's
Class B Shares on or about April 1, 2008. The 2,000,000 Class B Shares that TVA
Group is offering to repurchase represent approximately 8.8% of all currently
issued and outstanding Class B Shares.


If more than 2,000,000 Class B Shares are tendered to the Offer, TVA Group will
purchase the Class B Shares on a pro rata basis according to the number of Class
B Shares deposited, or deemed to be deposited under the terms of the Offer, by
the depositing shareholders with fractions rounded down to the nearest whole
share. The Offer is subject to various conditions typical of transactions of
this nature, including obtaining regulatory exemption rulings, although it is
not conditional on any minimum number of Class B Shares being deposited.


Neither TVA Group nor its Board of Directors makes any recommendation to
shareholders as to whether to tender or refrain from tendering their Class B
Shares to the offer. Shareholders are strongly encouraged to review the offer
documents carefully and to consult with their financial and tax advisors prior
to making any decision with respect to the offer.


National Bank Financial Inc. has been retained by TVA Group to act as dealer
manager for the offer.


"We believe that repurchasing outstanding Class B Shares represents an
attractive investment and an appropriate and desirable use of our available
funds and that our publicly traded Class B Shares are currently undervalued. We
have therefore decided to reduce the number of shares outstanding because it is
in the best interest of the Company and its shareholders", stated Pierre Dion,
President and Chief Executive Officer of TVA Group Inc.


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".

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