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Gesca Ltd. Acquires Ownership Interest in Workopolis

Newspaper owners invest in online recruiter

Workopolis (, Canada''s leading provider of recruitment and job search solutions, has announced
that Gesca Ltd., the newspaper publishing subsidiary of Power Corporation of Canada and partner in Alliance Workopolis (a partnership with Bell Globemedia Interactive Inc. providing recruitment and job search services in
the Province of Quebec), has exercised an option to purchase a 20-per-cent interest in the Workopolis partnership.

As a result of the exercise of this option, Workopolis has acquired the assets of Alliance Workopolis and Gesca Ltd. has acquired a 20-per-cent interest in Workopolis. Bell Globemedia Interactive Inc. and Toronto Star Newspapers Ltd. each hold a 40 per cent interest.

Our involvement as a partner in the Alliance Workopolis partnership in Quebec over the past year has proven to us the strong business strategy and growth potential of the electronic recruiting business in Canada, said Guy
Crevier, President and CEO of Gesca Ltd. Our decision to exercise our option to acquire a 20 per cent interest in Workopolis underscores Gesca''s commitment to Workopolis'' leadership position in this business.

2002 has been a very successful year for Workopolis with significant profitability and a 22 per cent increase in revenue over the same period in 2001. Since the Alliance Workopolis partnership was formed with Gesca last
year, the site''s Quebec job count has grown to three times more than any other Quebec job site, said Kim Peters, President, Workopolis. We''ve made additional commitments to the growth of the business in that market including adding a Regional Vice-President to our operations. The
recruitment solutions business is developing rapidly in Canada and Workopolis'' unique integrated approach places us on the leading edge of the

About Workopolis

Workopolis is Canada''s leading provider of Internet recruiting and job search solutions offering a fully bilingual suite of award-winning applications, products and services to both large and small Canadian companies:, Canada''s biggest job site-with an average of 31,000 job postings daily, Canada''s biggest job site for students and recent graduates
CorporateWorks(tm), a Web-based recruiting management solution using the tools and technology that power to power corporate career sites

Workopolis is a unique and complementary partnership of three Canadian media companies, Bell Globemedia Interactive Inc., a division of Bell Globemedia (Canada''s premier multi-media company), Toronto Star Newspapers Ltd. and Gesca Ltd., the newspaper publishing subsidiary of Power Corporation of Canada. Workopolis has offices in Vancouver, Calgary, Guelph, Toronto, Ottawa and Montreal.

About Gesca Ltd.

Gesca Ltd. is a wholly owned subsidiary of Power Corporation of Canada (TSE:POW). Through its subsidiaries, it holds a 100-per-cent interest in the Montral daily newspaper La Presse, and controls Le Soleil (Quebec), five
other daily newspapers and one weekly in the province of Qubec. Through its subsidiaries, Gesca is also the sole owner of, Quebec''s most comprehensive news Web site, ditions Gesca, dedicated to special interest
publications and La Presse Tl, which produces quality television programming.