Vivendi

Vivendi Will Appeal to Overturn Jury Verdict

Vivendi.ROPERTD — 2010-01-29T18:53:16Z

January 29, 2010

Vivendi Will Appeal to Overturn Jury Verdict

Vivendi announced today that it disagrees with the decision returned on January 29, 2010 by a jury in the U.S. securities class action trial before the U.S. District Court for the Southern District of New York. The jury found that several public statements made by Vivendi between October 30, 2000 and August 14, 2002 violated the U.S. securities laws.

Vivendi strongly disagrees with the findings against the company, which the company believes are contrary to the facts and the law, in particular with respect to an alleged hidden liquidity risk.

The amount of damages that Vivendi may be required to pay as a result of this verdict remains uncertain and will be known at a later and as yet undetermined stage. The verdict calculates the damages on a per-share and per-day basis and it is impossible to know at this time the total number of shares traded by class members, the dates of the relevant sales and the number of class members who will submit a valid claim after receiving notice of the decision.

Vivendi intends to pursue all available paths of action to overturn the verdict.

Vivendi believes that there are many grounds for appeal, including, but not limited to the Court's decision to include French shareholders in the class, its rulings on jurisdiction and the plaintiffs' erroneous method of proving and calculating damages, as well as the numerous incorrect rulings made during the course of the trial. Furthermore, Vivendi believed, and continues to believe strongly, that it did nothing wrong and that this case raises significant legal issues for foreign corporations doing business in the United States that need to be definitively resolved.

Vivendi remains confident concerning the ultimate confirmation of the legal integrity of its actions and its public statements.

About Vivendi
A world leader in communications and entertainment, Vivendi controls Activision Blizzard (#1 in video games worldwide), Universal Music Group (#1 in music worldwide), SFR (#2 in mobile and fixed telecom in France), Maroc Telecom Group (#1 in mobile and fixed telecom in Morocco), Canal+ Group (#1 in pay-TV in France), GVT (#1 alternative operator in fixed telecom and internet in Brazil) and owns 20% of NBCU (leading U.S. media and entertainment group). In 2008, Vivendi achieved revenues of €25.4 billion and adjusted net income of €2.7 billion. With operations in 77 countries, the Group has about 49,000 employees. www.vivendi.com

Important disclaimer
This press release contains forward-looking statements with respect to the strategy and plans of Vivendi regarding the above-mentioned litigation, and the anticipated impact of the litigation on Vivendi's financial condition. Although Vivendi believes that such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future results in this litigation. 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 risk that Vivendi will not prevail with respect to any of the arguments upon which it bases its appeals in this litigation and 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.


Press release (pdf)

Denial

Vivendi.ROPERTD — 2010-01-28T10:18:15Z

January 28, 2010

Denial

Vivendi formally denies the totally unfounded information that appeared in Challenges (January 28, 2010 edition) relating to the class action in the United States. No offer of settlement has been made, and the amounts of compensation referred to are without any foundation.


Press release (pdf)

GVT (Holding) S.A.

Vivendi.ROPERTD — 2010-01-08T20:31:24Z

Press release

January 8, 2010

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GVT (Holding) S.A.

Vivendi.ROPERTD — 2010-01-05T20:30:14Z

Press release

January 5, 2010

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Vivendi's CEO, Jean-Bernard Lévy appointed as Chairman of GVT's Board

Vivendi.TRINHT — 2009-12-29T17:41:31Z

December 29, 2009

Vivendi's CEO, Jean-Bernard Lévy appointed as Chairman of GVT's Board

Vivendi announced that the Board of Directors of its Brazilian telecom subsidiary GVT met on December 28, 2009. Vivendi's CEO, Jean-Bernard Lévy, was appointed as Chairman of the Board and GVT's CEO, Amos Genish, was confirmed as Vice-Chairman of the Board.


Press release (pdf)

GVT (Holding) S.A.

Vivendi.ROPERTD — 2009-12-23T21:17:31Z

Press release

December 23, 2009

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GVT (Holding) S.A.

Vivendi.TRINHT — 2009-12-10T20:32:13Z

Communiqué de presse

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GVT (Holding) S.A.

Vivendi.ROPERTD — 2009-12-04T08:53:07Z

November 30, 2009

Press Release

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Vivendi to Sell its Stake in NBC Universal for US$5.8 Billion

Vivendi.TRINHT — 2009-12-03T11:27:45Z

Vivendi to Sell its Stake in NBC Universal for US$5.8 Billion

PARIS, FRANCE – December 3, 2009 – Following the GE – Comcast agreement regarding NBC Universal announced today, Vivendi and GE have simultaneously signed an agreement covering Vivendi's full exit from NBC Universal and amending the NBC Universal initial agreements made in 2004.

The main points of the new agreement are as follows :
Vivendi will sell its 20% stake in NBC Universal to GE and will not be a shareholder in the new entity resulting from the joint venture between NBC Universal and Comcast content assets. The 20% stake is valued at US$5.8 billion.
If the GE – Comcast transaction is not completed by September 2010, Vivendi will sell 7.66% of NBC Universal to GE for US$2 billion.
The remainder of the stake, or 12.34%, will be sold for US$3.8 billion to GE upon completion of the GE – Comcast transaction.
Vivendi will continue to receive quarterly dividends from NBC Universal between now and the completion of the GE – Comcast transaction. GE has agreed to make transaction payments to Vivendi to the extent that NBC Universal's 2010 dividend payments to Vivendi are less than $268 million.
If the GE – Comcast transaction were not completed, Vivendi would launch an accelerated initial public offering of its remaining 12.34% of NBC Universal.

Commenting on the agreement, Jean-Bernard Lévy, Chairman of the Vivendi Management Board, said : “Vivendi is happy to contribute to the creation of a major player in the world of television, film and theme parks. I would like to thank everyone we have worked with on the NBC Universal team for the last 10 years. This transaction is in line with Vivendi's strategic objectives and is in the best interests of its shareholders.

We are now opening a new chapter in the Group's history. Once this agreement is completed, Vivendi will have exclusive control of all its assets. More coherent, and more focused on rapidly growing countries, with a stronger presence in communications and entertainment businesses that it has managed for many years, Vivendi is determined, at the start of the new decade, to pursue its profitable growth strategy.”

Financial advisors : Barclays Capital and Société Générale. Legal advisor : Gibson Dunn & Crutcher LLP.

About Vivendi A world leader in communications and entertainment, Vivendi controls Activision Blizzard (#1 in video games worldwide), Universal Music Group (#1 in music worldwide), SFR (#2 in mobile and fixed telecom in France), Maroc Telecom Group (#1 in mobile and fixed telecom in Morocco), Canal+ Group (#1 in pay-TV in France), GVT (#1 alternative operator in fixed telecom and internet in Brazil) and owns 20% of NBCU (leading U.S. media and entertainment group). In 2008, Vivendi achieved revenues of €25.4 billion and adjusted net income of €2.7 billion. With operations in 77 countries, the Group has about 43,000 employees. www.vivendi.com

Important disclaimer :

This press release contains forward-looking statements with respect to Vivendi`s financial condition, results of operations, business, strategy and plans as well as expectations regarding the completion of the transactions discussed in this press release. 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.

CONTACTS :

Media

Paris
Antoine Lefort
+33 (0) 1 71 71 11 80

Solange Maulini
+33 (0) 1 71 71 11 73

Agnès Vétillart
+33 (0) 1 71 71 30 82

New York
Flavie Lemarchand-Wood
+(1) 212.572.1118

Investor Relations

Paris
Jean-Michel Bonamy
+33 (0) 1 71 71 12 04

Aurélia Cheval
+33 (0) 1 71 71 12 33

Agnès de Leersnyder
+33 (0) 1 71 71 30 45

New York
Eileen McLaughlin
+(1) 212.572.8961


Press release (pdf)

GVT (Holdings) S.A.

Vivendi.TRINHT — 2009-12-01T09:30:20Z

Public Tender Offer to the Acquisition of Common Shares of GVT (Holdings) S.A.

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