1 astral media inc management s discussion and analysis for the periods ended august 31 2006 october 24 purpose of md&a is to provide readers with additional complementary information regarding or company financial condition results operations should be read in conjunction audited consolidated statements related notes contained annual report copies these documents form aif its proxy circular dated notices intention make a normal course issuer bid as well concerning can found on sedar web site at www com may also obtained upon request without charge secretary executive office 2100 rue sainte catherine ouest bureau 1000 montréal québec h3h 2t3 telephone 514 939 5000 above mentioned news releases are available astralmedia all amounts herein expressed canadian dollars certain comparative figures have been reclassified