Back December 14, 2006: Vivendi Remains 20% Shareholder in NBC Universal; Modifies Terms of its Agreements with GE Regarding Liquidity  Download the press release  English / French   Paris, December 14, 2006 Vivendi Remains 20% Shareholder in NBC Universal; Modifies Terms of its Agreements with GE Regarding Liquidity Vivendi has informed GE of its decision not to exercise its exit rights with respect to NBC Universal in January 2007. Vivendi will remain a shareholder in NBC Universal, in which it has a 20% stake. Simultaneously, the agreements between Vivendi and GE have been modified. The timeline of Vivendi’s right to demand an IPO of NBC Universal and of GE’s right to call Vivendi’s interest have been extended. Vivendi’s demand right can now be exercised in November each year from 2007 to 2016 with the closing at market value taking place over the following year. Similarly, the call option in GE’s favor can be exercised in May each year from 2011 to 2017 with a floor price of $8.3 billion that will increase each year from May 2009 based on the US Consumer Price Index. Lastly, Vivendi’s liquidity right in the first year has been increased to $4 billion (from $3 billion) and remains $4 billion each year thereafter. Important disclaimer: This press release contains forward-looking statements with respect to the financial condition, results of operations, business, strategy and plans of Vivendi. Although Vivendi believes that such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control, including, but not limited to, the risks described in the documents Vivendi filed with the Autorité des Marchés Financiers (French securities regulator) and which are also available in English on our web site (www.vivendi.com). Investors and security holders may obtain a free copy of documents filed by Vivendi with the Autorité des Marchés Financiers at www.amf-france.org, or directly from Vivendi. The present forward-looking statements are made as of the date of the present press release and Vivendi disclaims any intention or obligation to provide, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.