///Corporate

STEVE PRITCHITT APPOINTED GENERAL MANAGER OF FONTANA

Universal City, California, January 24, 2005 — Universal Music & Video Distribution (UMVD), the award-winning sales, marketing and distribution subsidiary of market leader Universal Music Group, today named Steve Pritchitt to the position of General Manager of Fontana, UMVD’s new independent distribution arm. The announcement was made today by Jim Urie, President of UMVD.

“We are delighted that Steve has chosen to join us to help develop our activities in the independent marketplace through Fontana,” stated Urie. “His understanding of today’s retail landscape, track record of building teams that deliver results, and music savvy make him the best choice to guide Fontana moving forward.”

“I am truly grateful to Jim for this exciting opportunity,” added Pritchitt. “It is a privilege to work closely with him and to execute the vision for Fontana, a company uniquely positioned in the independent marketplace, and one designed to raise the bar for independent labels and their artists.”

In his new role, Pritchitt will oversee all day-to-day activities for Fontana, and work closely with Urie to grow the company as a specialized distributor for independent music labels. Pritchitt will be based at Fontana’s Universal City headquarters.

Prior to joining Fontana, Pritchitt served as Senior Vice President and General Manager for leading independent distributor, Navarre Entertainment Media, where he worked closely with such successful labels and distributors including One Little Indian, Pookie Records, Studio Distribution and DRT Entertainment. His background also includes stints as Senior Vice President of International for Atlantic Records and Vice President of Business Development and Content Acquisition for eSplice, Inc., a provider for private-label entertainment online stores.

Universal Music and Video Distribution handles the distribution and sales for such labels as Universal Motown Records Group, Island Def Jam Music Group, Roadrunner, Interscope Geffen A&M Records, MCA Nashville, Universal South, Lost Highway, Mercury Nashville, Verve Music Group, Universal Classics, Universal Music Latino, Universal Music Enterprises, Hip-O, UTV, Univision Music Group, DreamWorks, Disa, ABKCO, Hollywood, Lideres Entertainment, Lyric Street, RMM, Thump, Ark 21, Rounder, Fonovisa, Varese Sarabande, Walt Disney, VI Music and Viva Discos. UMVD also handles the distribution and sales for Visual Entertainment, the company’s home entertainment division.

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 US) and Universal Strategic Marketing (outside the US). Universal Music Group also includes eLabs, a new media and technologies division.

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

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