Paris, March 26, 2012

Frank Esser, currently Chairman and CEO, is to leave SFR. Jean-Bernard Lévy takes over his responsibilities

After a Board of Directors’ meeting today, Frank Esser, currently Chairman and CEO, is to leave SFR. Jean-Bernard Lévy takes over these responsibilities with immediate effect while remaining Chairman of the Management Board and CEO of Vivendi.

Frank Esser was Chief Operating Officer of SFR from 2000 to 2002, and has been Chairman and CEO since 2002. He successfully led the development of SFR in a very competitive environment, both in the mobile, fixed and Internet access markets. The outstanding work performed by Frank Esser and his teams have enabled SFR to become the largest alternative telecoms operator in France and even in Europe.

SFR today possesses all the assets to adapt to the existing competitive environment, to continue to fully satisfy its millions of customers and to benefit from the growth generated by new digital uses.

About Vivendi
The best emotions, digitally 
Vivendi is at the heart of the worlds of content, platforms and interactive networks. 
Vivendi combines the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the leading alternative broadband operator in Brazil (GVT) and the French leader in pay-TV (Canal+ Group).
In 2011, Vivendi achieved revenues of €28.8 billion and adjusted net income of €2.95 billion. The Group has over 58,300 employees. www.vivendi.com

Important Disclaimers
Forward Looking Statements. This press release contains forward-looking statements with respect to the financial condition, results of operations, business, strategy, plans and outlook of Vivendi, including projections regarding the payment of dividends as well as the impact of certain transactions. 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 related to antitrust and other regulatory approvals in connection with certain transactions as well as 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 Vivendi’s website (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. These forward-looking statements are made as of the date of this 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. Unsponsored ADRs.Vivendi does not sponsor an American Depositary Receipt (ADR) facility in respect of its shares. Any ADR facility currently in existence is “unsponsored” and has no ties whatsoever to Vivendi. Vivendi disclaims any liability in respect of such facility.