///Corporate

JAY GILBERT PROMOTED TO VICE PRESIDENT, NEW MEDIA/ONLINE MARKETING FOR UNIVERSAL MUSIC ENTERPRISES

LOS ANGELES, CA July 5, 2006 – Universal Music Enterprises (UMe), a division of Universal Music Group (UMG), the world’s leading music company, has promoted Jay Gilbert to Vice President, New Media and Online Marketing. The announcement was made today by Mike Davis, Executive Vice President & General Manager, UMe. Both Davis and Gilbert are based in UMG’s Santa Monica office.

In his new role, Gilbert will be responsible for all new media and online activities for UMe including online digital sales, UMe websites, new technologies and new formats. He will also create and manage all internet based communications and strategies including digital download sales for music and video, as well as all mobile sales such as mastertones, ringbacks, video ringers and wallpapers.

Most recently, Gilbert served as Senior Director of New Media and Online Marketing for UMe, where he launched UMe Digital, a revolutionary new record label available exclusively via commercial download services. Artists released on the UMe label include Wild Colonials, John Wetton and Geoffrey Downes (both from the group Asia) and Jeff Watson (of Night Ranger).

During his 16 years at UMG, Gilbert has worked in a number of varied areas including UMG’s eLabs division, Universal Music Logistics and Universal Music Group Distribution. Prior to Universal, Gilbert held a number of key senior positions for Sony Music and Sanctuary Records.

Universal Music Enterprises (UMe) is the centralized U.S. catalog and special markets entity for Universal Music Group (UMG). Working in concert with all of the company’s record labels, UMe provides a frontline approach to catalog management, a concentration of resources, a greater emphasis on strategic marketing initiatives and opportunities in new technologies such as the Internet. UMe is comprised of several business units and record labels: Universal Chronicles, the unit that manages and markets UMG’s extensive catalog through retail channels; UTV Records, the television marketing unit; Hip-O Records, its independent label that releases CDs and DVDs from outside sources; New Door Records, a label dedicated to producing new music from historically significant recording artists whose catalog is controlled by UMG labels; UMe Digital, the first all digital label from a major music company; Universal Music Media, a company that produces infomercials and long form music programming; Universal Music Special Markets; Universal Film & Television Music; and Universal Music Media, the industry’s first company dedicated exclusively to the creation of infomercials as a vehicle to market music. UMe is also designed to aggressively develop a cohesive and strategic approach to maximizing catalog repertoire by initiating and implementing integrated marketing campaigns, direct to consumer programs, brand management initiatives and strategic partnerships.

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