Paris, June 18, 2008

Press release – Elektrim and Deutsche Telekom

The Warsaw court has recognized today the Arbitral Award issued on November

26, 2004, in Vienna (Second Vienna Award) in the dispute between Elektrim and Deutsche Telekom (DT), most importantly including the fourth point of the award deciding that:

“it (the tribunal) has no jurisdiction over Telco and DT’s claims against Telco cannot be entertained in this arbitration”

Telco’s position is that this award does not bind Telco and therefore cannot affect Telco’s ownership rights. The Austrian Supreme Court already reached the same conclusion in December 2006 when analysing the meaning of this award. It is for Polish courts only to decide of PTC’s ownership rights in the pending proceedings following May 21, 2008, Warsaw Appeal Court decision’s. Telco is the legitimate owner of 48% of PTC and Vivendi owns directly and indirectly 51% of PTC.

 

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 (). 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.