Paris, June 25, 2010
Vivendi: Favorable US Supreme Court Judgement
The American Supreme Court, in a very clear statement yesterday, ruled that any foreign shareholders from any country or company outside the US buying or selling shares on Foreign Stock Exchanges cannot plead for compensation under American law.
Vivendi, who was amicus curiae in the case, is very satisfied with this decision as it is totally in line with the position defended all along by the Group in the American and French Courts.
A propos de 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 2009, Vivendi achieved revenues of €27.1 billion and adjusted net income of €2.6 billion. With operations in 77 countries, the Group has over 49,000 employees.
Avertissement Important
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 (). 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.
