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EXHIBIT 5
[OGILVY RENAULT LETTERHEAD]
QUEBECOR WORLD INC.
612 Saint-Jacques Street
Montreal, Quebec
H3C 4M8
November 15, 2000
Ladies and Gentlemen:
Reference is made to the Registration Statement Form S-8 ("REGISTRATION
STATEMENT") of Quebecor World Inc. (the "COMPANY") related to the registration
of 2,000,000 Subordinate Voting Shares, without par value ("SUBORDINATE VOTING
SHARES"), which are to be offered pursuant to the Quebecor World USA Employee
Stock Purchase Plan (the "PLAN").
We have been requested to furnish an opinion to be included as Exhibit 5 to the
Registration Statement. In conjunction with the furnishing of this opinion, we
have examined such corporate documents and have made such investigation of
matter of fact and law as we have deemed necessary to render this opinion.
Based upon such examination and investigation, and upon the assumption that
there will be no material changes in the documents examined and the matters
investigated, we are of the opinion that the Subordinate Voting Shares subject
to the Plan have been duly authorized by the Company and that, when purchased in
accordance with the Plan, will be validly issued and will be fully paid and
non-assessable.
We hereby consent to the filing of this opinion as Exhibit 5 to the Registration
Statement.
Very truly yours,
/s/ OGILVY RENAULT
