///Corporate

CHRIS HORTON APPOINTED VICE PRESIDENT, ADVANCED TECHNOLOGY, UNIVERSAL MUSIC GROUP/eLABS

Santa Monica, California, January 16, 2004 — Chris Horton has been promoted to Vice President, Advanced Technology for Universal Music Group’s (UMG) eLabs division, it was announced today by Larry Kenswil, President, UMG/eLabs.

Based in Los Angeles, Mr. Horton, who reports to Mr. Kenswil, will head eLabs’ Advanced Technology team, which is charged with exploring and adapting emerging music technologies as well as developing policies and strategies. He will be responsible for technical due diligence efforts as UMG develops partnerships in the technology sector.

Mr. Horton and other members of the Advanced Technology team also serve on various standards bodies and work with third party consumer electronics and technology companies on the development of new music-related products and services. In addition, Mr. Horton will oversee the technical processes of protecting UMG’s copyrights in new and existing music distribution formats.

“With the music business changing at such a rapid pace, we are fortunate to have Chris spearheading our technical efforts to develop new avenues of delivering our music,” said Mr. Kenswil. “Chris will be instrumental in ensuring UMG has the ability to offer consumers more options in how they listen to music.”

Mr. Horton previously served as Senior Director, Advanced Technology, UMG/eLabs. Before joining UMG in 2001, he was Vice President of Product Planning at Massive Media Group and Director of Technology for Panasonic.

Mr. Horton received his undergraduate degree from Massachusetts Institute of Technology, where he also earned his M.Eng in Computer Science.

eLabs is Universal Music Group’s new media and technologies division. eLabs is responsible for overseeing the company's efforts in new formats and e-commerce as well as developing strategies for protecting copyrights in the digital domain.

About Universal Music Group

Universal Music Group is the world’s leading music company with wholly-owned record operations or licensees in 71 countries. Its businesses also include Universal Music Publishing Group, one of the industry’s largest global music publishing operations.

Universal Music Group consists of record labels Decca Record Company, Deutsche Grammophon, DreamWorks Records, Interscope Geffen A&M Records, Island Def Jam Music Group, Lost Highway Records, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor, Universal Music Latino, Universal Motown Records Group, and Verve Music Group 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 catalog of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Strategic Marketing and Commercial Affairs (outside the U.S.). Universal Music Group also includes eLabs, a new media and technology division.

Universal Music Group is a unit of Vivendi Universal, a global media and communications company.

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