///Corporate

MICHAEL REINERT PROMOTED TO EXECUTIVE VICE PRESIDENT, BUSINESS AND LEGAL AFFAIRS, UNIVERSAL MOTOWN RECORDS GROUP

New York, New York, March 3, 2006 – Michael Reinert has been promoted to Executive Vice President, Business & Legal Affairs for the Universal Motown Records Group (UMRG), it was announced today by Mel Lewinter, Chairman of the company. Reinert, based in New York, will continue to report directly to Lewinter.

In his new position, Reinert will continue to head the business and legal affairs department for UMRG, which includes Universal Records, Motown Records, SRC Records and Republic Records, among others. He will continue to oversee all agreements and contracts involving new and existing artists, production and clearance issues. Reinert also manages a wide variety of other business and legal issues for the label group, including new media and technology, as well as government affairs.

"Michael is a seasoned professional, who has displayed a keen sense of leadership in a variety of different situations," stated Lewinter. "And the entire Universal Motown Records Group joins me in congratulating him on this well deserved promotion."

"It is a privilege and an honor to work with Mel and Doug Morris (Chairman and CEO of Universal Music Group), two executives I admire greatly," said Reinert. "We’ve got a great team at UMRG, and I look forward to the many exciting projects we have coming up this year."

Reinert was most recently Senior Vice President for UMRG, a position he has held since 1999. Prior to 1996, Reinert was a Vice President in the Business & Legal Affairs Department of PolyGram Holding, Inc. When the two companies merged, Reinert was retained by UMG to work for the then newly formed UMRG. Before PolyGram, he was in private practice representing major labels and artists.

Reinert started his career in radio in New Orleans, and after law school became Vice President of Rowe International, the world’s largest jukebox company. Reinert was also on the adjunct faculty of the Benjamin Cardozo School of Law for ten years and continues to lecture at seminars across the country.

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