Paris, September 11, 2006

 

Correction

 

Following the incorrect comments made by Mr. Frederik Karel-Canoy regarding damages paid to Vivendi shareholders, the company would like to set the record straight, as follows:

In the context of a settlement with the Securities and Exchange Commission (SEC) dated December 23, 2003, Vivendi Universal paid a civil penalty in the amount of $50 million. At the SEC’s request, this sum was invested in a fund in the United States under the supervision of a court.

On June 7, 2005, the District Court of the Southern District of New York appointed an officer, Mr. Jeffrey Sklaroff, to distribute this sum among Vivendi’s shareholders.

Contrary to the allegations made by Mr. Karel-Canoy, the practicalities of distribution have not yet been decided upon. The court officer has confirmed that this is not likely to take place before 2007 at the earliest.

The statements made by Mr. Karel-Canoy are therefore false. Vivendi reserves its rights as to any action it may take in this matter whether in the courts or before professional bodies.