January 14, 2013

UNIVERSAL MUSIC GROUP (UMG) PROMOTES PASCAL NÈGRE TO GLOBAL HEAD OF NEW BUSINESS IN ADDITION TO CURRENT RESPONSIBILITIES

Mr. Nègre Extends Duties as President of Universal Music France, Italy, Middle East & Africa and Member of UMG Executive Board

Los Angeles, CA & Paris, France, Monday, January 14, 2013--Universal Music Group (UMG), the world's leading music company, today announced that Pascal Nègre, President of Universal Music France, Italy, Middle East and Africa, will expand his duties to also serve as the company's global Head of New Business. He will continue to serve on UMG's Executive Board and be based out of Paris. He reports to Lucian Grainge, Chairman and Chief Executive Officer of UMG.

"Pascal's creative contributions, astute business judgment and strategic planning perspective are valued management skills for UMG," said Mr. Grainge. "This promotion reflects his many accomplishments, but also signals the tremendous growth opportunities that we see ahead for UMG as we expand globally."

Mr. Nègre's appointment follows completion of UMG's landmark acquisition of EMI Recorded Music in 2012.

"I'm really happy to work closely with Lucian and the Board team in order to create today the foundation of the music company of tomorrow," said Mr. Nègre.

In this new role, Mr. Nègre will be responsible for a number of UMG's strategic growth initiatives on a global basis, including strategic partnerships, brand relationships, cross- organizational collaboration, and ensuring that the company continues to explore, develop and capitalize on appropriate new digital and terrestrial opportunities and business models. He will also develop and implement a global strategy on CRM, working closely with Max Hole (UMG International Chairman & CEO), Boyd Muir (Executive Vice President & Chief Financial Officer) and Rob Wells (President of Global Digital Business).

Mr. Nègre began his longstanding and successful career in music as a driving force behind free radio stations in France (1981-85), then in press and promotions posts at BMG (1986- 1987) and CBS Records (1988-1990). He joined PolyGram in December 1990 as Chief Executive Officer of the iconic French label, Barclay, and subsequently took over the leadership of Island Records (1992) and Phonogram (1994). He was appointed as President of PolyGram Music in November 1994. At the same time, he became Deputy Managing Director of PolyGram Group France. Throughout his career, he has discovered and nurtured such artists as Khaled, Zebda and No One Is Innocent, and played an instrumental role in the career development of Alain Bashung, Stephen Eicher, Bernard Lavilliers, Noir Désir, Zazie,Zucchero, Florent Pagny,Nolwenn Leroy, Marc Lavoine, Michel Sardou, Lara Fabian, William Sheller, Vanessa Paradis, Eddy Mitchell and Myléne Farmer. He's also been instrumental in the international success of such superstars as U2, Lady Gaga, Mika, Melody Gardot, Cecilia Bartoli, Andrea Bocelli and Mariah Carey, among others.

Mr. Nègre also serves as the President of the SCPP (Société civile pour l'exercice des droits des producteurs phonographiques), which represents the rights and interests of recorded music companies, and President of Olympia, the famed Paris-based entertainment venue. He is an Officier des Arts et des Lettres, and in January 2009, he was named to the Office of Knight of the Légion d'honneur.

About Universal Music Group

Universal Music Group is the global music leader, with wholly owned operations in 60 territories. Its businesses also include Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide.

Universal Music Group’s record labels include A&M/Octone, Angel, Astralwerks, Blue Note, Capitol Records, Decca, Def Jam Recordings, Deutsche Grammophon, Disa, Emarcy, Fonovisa, Geffen Records, Interscope Records, I.R.S., Island Records, Lost Highway Records, Machete Music, Manhattan, MCA Nashville, Mercury Nashville, Mercury Records, Motown Records, Polydor Records, Republic Records, Universal Music Latino, Verve Music Group and Virgin Records, as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalogue of music in the industry, which includes the last 100 years of the world’s most popular artists and their recordings. UMG’s catalogue is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes Global Digital Business, its new media and technologies division and Bravado, its merchandising company.

Universal Music Group is a fully owned subsidiary of Vivendi.