Vivendi Full Year 2007 Revenues Increase Significantly

For the full year 2007, Vivendi’s revenues total €21,657 million compared to €20,044 million for the full year of 2006, an increase of 8% (+9.7% at constant currency).

For the fourth quarter of 2007, Vivendi’s revenues total €6,014 million compared to €5,545 million for the fourth quarter of 2006, an increase of 8.5% (+10.5% at constant currency).

Vivendi confirms 2007 outlook: an adjusted net income above €2.7 billion, at approximately €2.8 billion.

Vivendi Confirms Position as a Digital Entertainment Leader
UMG: increased market share in all of its major markets
Canal+: TPS integration and subscription growth
SFR: 3G/3G+ leader, successful launch of Illimythics, 657 000 net new SFR customers in the fourth quarter
Maroc Telecom: 20% growth
Vivendi Games: revenues exceeded €1 billion and World of Warcraft reaches over 10 million subscribers

Universal Music Group

Market share increased in all of its major markets

For the full year 2007, Universal Music Group increased market share in all of its major markets. Universal Music Group’s revenues amounted to €4,870 million versus €4,955 million in 2006 (-1.7%).

Revenues increased 3.0% at constant currency reflecting revenues from the acquisitions2 in 2007 of BMG Music Publishing (BMGP) and of Sanctuary, as well as strong digital sales growth and a better than market performance. Excluding these acquisitions and at constant currency, revenues were 3% less than the previous year reflecting a difficult music market and lower license and legal settlement income.

Digital sales of €676 million grew 51% versus last year at constant currency, representing 14% of total revenues.

Best sellers included titles from Amy Winehouse, Mika, Rihanna and the High School Musical 2 Soundtrack.

For the fourth quarter of 2007, Universal Music Group’s revenues of €1,605 million declined 3.1% compared to the same period last year.

Revenues increased 2.4% at constant currency reflecting revenues from the acquisitions BMGP and Sanctuary and a strong performance in Japan. Excluding these acquisitions and at constant currency, revenues declined 5%.

Digital sales of €188 million grew 54% versus last year at constant currency with strong growth in both the on-line and mobile sectors.

Best sellers in the period included new titles from Andrea Bocelli, Eagles and Mary J. Blige.