///Corporate

MICHAEL LANG PROMOTED TO PRESIDENT, DEUTSCHE GRAMMOPHON; MATTHEW COSGROVE APPOINTED VICE PRESIDENT, A&R

HAMBURG, August 21, 2006 – Two senior appointments have been made at Deutsche Grammophon, the world’s longest-standing recording company and classical music market-leader.

Michael Lang is promoted to President, with immediate effect. He has been General Manager of Deutsche Grammophon for the past five years. The appointment was announced today by Christopher Roberts, President, Classics & Jazz, Universal Music Group International, to whom Lang reports.

Matthew Cosgrove joins the company as Vice President, Artists & Repertoire (A&R). The appointment was announced today by Michael Lang, to whom he will report. Cosgrove succeeds Bogdan Rošcic, recently appointed Managing Director of the Decca Music Group.

Deutsche Grammophon’s roster includes Claudio Abbado, Pierre Boulez, Gustavo Dudamel, Elina Garanca, Osvaldo Golijov, Hélène Grimaud, Hilary Hahn, Magdalena Kozená, Lang Lang, Yundi Li, Anne-Sophie Mutter, Anna Netrebko, Maurizio Pollini, Vadim Repin, Bryn Terfel, Rolando Villazon, and Krystian Zimerman.

Cosgrove has spent the past ten years at the classical division of Warner Music, most recently as Director, Warner Classics International. He has worked with pianist and conductor Daniel Barenboim, mezzo Susan Graham, baritone Thomas Hampson, and pianist Pierre-Laurent Aimard, among others. Previously, Cosgrove held posts at Select/Naxos and EMI Records.

Christopher Roberts says, “Deutsche Grammophon is experiencing one of its most successful periods of creative output and commercial impact, thanks to our artists and Michael’s astute, imaginative leadership. His promotion reflects the label’s achievements, and the exciting prospects ahead.”

Michael Lang says, “I am privileged to be part of the Deutsche Grammophon team, and appreciate the confidence shown in me. At the same time, we’re fortunate to attract an executive as talented and experienced as Matthew Cosgrove. We’re looking forward to his contributions.”

Matthew Cosgrove comments: “I am honoured to be joining the world’s best classical label, and delighted at the prospect of working with such a talented team of people and an incredible artist roster.”

About Universal Music Group

Universal Music Group is the world's largest music company with wholly owned record operations or licensees in 75 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 Music Group, Deutsche Grammophon, Interscope Geffen A&M Records, Geffen Records, Island Def Jam Music Group, Lost Highway Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor Records, 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, and Universal Music Mobile.

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

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