Vivendi: 20% increase in adjusted net income for first half 2011. Growth in revenues and EBITA margin. 2011 full year outlook confirmed

August 31, 2011

Vivendi: 20% increase in adjusted net income for first half 2011. Growth in revenues and EBITA margin. 2011 full year outlook confirmed

• Revenues: €14.253 billion, up 1.9% and up 2.4% at constant currency compared to first half 2010.
• EBITA : €3.363 billion, up 3.7% and up 4.6% at constant currency, due in particular to Activision Blizzard and GVT.
• Adjusted Net Income : €1.834 billion, up 20.2%. This performance is notably due to the EBITA increase and the SFR transaction tax impact as of January 1, 2011.
• 2011 full year outlook confirmed: 2011 adjusted net income is expected to be above €3 billion, compared to €2.698 billion in 2010, allowing an increase in the dividend per share.