///Corporate

AMANDA MARKS PROMOTED TO EXECUTIVE VICE PRESIDENT OF UNIVERSAL MUSIC'S eLABS

MAY 23, 2005, SANTA MONICA, CA- Universal Music Group (UMG), the world’s largest music company, has promoted Amanda Marks to Executive Vice President of eLabs, the company’s division responsible for handling electronic commerce initiatives, Internet exploitation, and new technology business opportunities. The announcement was made today by eLabs President Larry Kenswil. Previously, Ms. Marks served as Senior Vice President of the division. She will continue to be based out of the company’s Santa Monica headquarters and reports directly to Kenswil.

“Amanda is one of the brightest and hardest working executives in the music industry today,” stated Kenswil. “Over the years, she has consistently proven herself as a dynamic innovator, as well as a dedicated and passionate leader. We are delighted to expand her role and acknowledge both her talents and her contributions with this well deserved promotion.”

“Working with Larry and the entire eLabs team has been among the most professionally and personally rewarding experiences of my career,” added Ms. Marks. “I am grateful to Larry, as well as Doug Morris (Chairman & CEO) and Zach Horowitz (President & COO), for their continued support and confidence in me, and am looking forward to helping eLabs grow even further, introducing new platforms and services that will expand music’s reach to more people in even more ways than were ever thought possible.”

Prior to joining eLabs, Ms. Marks helped launch Jimmy and Doug's Farmclub.com, where she served as General Manager responsible for its daily operations including finance, business and legal affairs, business development and human resources. Farmclub.com was a frontrunner in interactive convergence -- an innovative company which integrated a web site, television show and record label. Jimmy and Doug's Farmclub.com was a subsidiary of Universal Music Group. Her background also includes stints with Universal Music Group's Business & Legal Affairs Department, Mercury Records, Rock-It Cargo USA, Viscount Airlines and their affiliated companies, and as an associate with McKenna & Cuneo in Los Angeles.

eLabs, a division of Universal Music Group, is responsible for handling the company’s electronic commerce initiatives, Internet exploitation, and new technology business opportunities worldwide. Universal eLabs’ supports all of UMG’s e-business initiatives, including digital download, subscription, webcasting, interactive radio and pay-per-play through all digital channels of purchase such as kiosks, computers, TV set top boxes, and portable devices. eLabs works closely with and supports all UMG’s record labels and other businesses to enhance opportunities for music driven by new technologies, while protecting the value of recorded music.

Universal Music Group is the world’s largest music company with wholly owned record operations or licensees in 77 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 Universal Strategic Marketing (outside the U.S.). 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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