Mr. Franco Sciannamblo reports

YELLOW PAGES LIMITED ANNOUNCES APPOINTMENT OF MARTIN HARRISON TO BOARD OF DIRECTORS

Yellow Pages Ltd. has appointed Martin Harrison to its board of directors, effective immediately.

Mr. Harrison brings over 30 years of executive, financial and industry experience to the board. He is currently group chief financial officer of The Windracers Group in the United Kingdom. He was previously group chief financial officer of Yell/Hibu, a peer of the company operating in the United Kingdom and North America. Mr. Harrison qualified as a chartered accountant with Price Waterhouse, previously held senior finance positions at Inmarsat, Colt and ICI, and has been involved in business operations in Canada. He holds a master's degree in economics from the University of Edinburgh.

Mr. Harrison replaces Susan Kudzman, who, after 10 years of service to Yellow Pages, has decided to leave the board. The board and management of the company would like to thank Ms. Kudzman for her many contributions to the company and wise leadership of the board.

About Yellow Pages Ltd.

Yellow Pages is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada's leading local on-line properties. The company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories.