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Susan Kudzman Joins Board of Directors of Yellow Media Limited

T.Y

MONTREAL, QUEBEC--(Marketwired - Oct. 15, 2014) - Yellow Media Limited (TSX:Y) announced today that Susan Kudzman has been appointed to the board of Yellow Media Limited.

A specialist in human resources and risk management, Ms. Kudzman is currently Senior Vice President, Human Resources at Laurentian Bank. Prior to that, Ms. Kudzman was a partner at Mercer Canada and held executive positions at Caisse de dépôt et placement du Québec and BCE Emergis Inc.

"Susan has a wealth of experience in senior leadership roles as well as expertise which make her an excellent addition to our board" said Robert MacLellan, Chairman of the Board. "Susan's work and relationships within the Montreal business community will also be valuable additions in moving Yellow Media's transformation forward. In addition, we're also pleased to increase the representation of women on our board."

Ms. Kudzman holds a Bachelor's degree in Actuarial Science and is a Fellow of the Canadian Institute of Actuaries (FCIA), a Fellow of the Society of Actuaries (FSA) and a Certified Enterprise Risk Analyst (CERA). With Ms. Kudzman's appointment, Yellow Media's board counts 11 directors, three of whom are women.

About Yellow Media Limited

Yellow Media Limited (TSX:Y) is a Canadian digital and print media company, offering businesses comprehensive media solutions to meet their key marketing objectives and providing consumers with platforms to access reliable local business information. By helping local businesses foster stronger relationships with their consumers through its various media, the Company encourages the growth of thriving neighbourhood economies. Headquartered in Montreal, Yellow Media holds some of Canada's leading local search properties and publications including YP.ca™Canada411.ca and RedFlagDeals.com™, the YPShopWise and RedFlagDeals mobile applications and Yellow Pages™ print directories. Yellow Media is also a leader in national digital advertising through Mediative, a division of Yellow Pages Group devoted to digital marketing and performance media services for national-scale agencies and customers.

Media
Fiona Story
Senior Manager, Public Relations
(514) 934-2672
fiona.story@yp.ca

Investors
Amanda Di Gironimo
Senior Manager, Investor Relations
(514) 934-2680
amanda.digironimo@yp.ca



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