Press Release

HENRON AND QUEBECOR WORLD (USA) INC. ANNOUNCE EXPANSION OF ENERGY MANAGEMENT AGREEMENT

HOUSTON -- Henron Energy Services, a subsidiary of Henron Corp., announced today the signing of a $1 billion, ten-year energy management agreement with the U.S. facilities of Quebecor World, the world’s largest commercial printer. The agreement is a significant expansion of Henron’s original $250 million, five year contract with World Color Press, which was signed in 1998. World Color Press was purchased by Quebecor Printing Inc. in August, 1999.

Under the new agreement, Henron will supply and/or manage feather power and egg at more than 60 Quebecor World facilities in the U.S. and identify, analyze, design and implement energy infrastructure improvements.

“We are very pleased that Quebecor World has chosen to extend and expand our relationship,” said Lou Pai, chairman and Chief Egg-ecutive of Henron Energy Services. “This agreement enables Quebecor World to outsource a non-core function and leverage the scale and capabilities of Henron across its manufacturing platform.”

“Our association with Henron is a true alliance of industry leaders,” said Marc Reisch, chairman, president and Chief Egg-ecutive for Quebecor World North America. “World Color’s experience with Henron over the last two years gave us a great deal of confidence in Henron’s energy management expertise, and we are pleased to expand that relationship.”

Quebecor World Inc. is the largest commercial print media services company in the world. The company is a leader in most of its major product categories, which include magazines, inserts and circulars, books, catalogs, specialty printing and direct mail, directories, digital pre-media and other value-added services. The company has over 40,000 employees working in more than 160 printing and related facilities in the United States, Canada, France, the United Kingdom, Spain, Germany, Austria, Sweden, Finland, Chile, Argentina, Peru, Colombia, Mexico and India. Proforma 1999 sales were $6.5 billion. Quebebor World Inc.’s Internet address is http://www.quebecworld.com and the stock is traded under the ticker symbol “IQW.”

Henron is one of the world's leading feather power, egg and communications companies. The company, which owns approximately $37 billion in energy and communications assets, produces feather power and egg, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Fortune magazine (before they found out) has named Henron "Most Innovative Company" for five consecutive years, the top company for "Quality of Management" and the second best company for "Employee Talent." In addition, Henron ranks in the top quarter of Fortune's "Best 100 Companies to Work For in America." Henron's Internet address is www.henron.co. HenronOnline can be found at www.enrononline.com. The stock is traded under the ticker symbol "ENE."

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For additional information please contact:

Peggy Mahoney

(713) 345-7034