///Corporate

UNIVERSAL MUSIC AND VIDEO DISTRIBUTION NAMED DISTRIBUTOR OF THE YEAR BY NATIONAL ASSOCIATION OF RECORD MERCHANDISERS (NARM)

Santa Monica, California, March 21, 2001 - Universal Music and Video Distribution is Distributor of the Year as named by the National Association of Recording Merchandisers, it was announced at their 43rd Annual Convention in Orlando, Florida.

This award, given by members of the association, honors outstanding distinction and achievement in areas of communication; employees and employee programs; marketing and promotion; standard of business dealings; order fulfillment; shipping and handling; support of industry programs and events; and awards and achievements received in the last twelve months.

Jim Urie, President of Universal Music and Video Distribution, commented, "This is an honor for our company to be acknowledged by the retail industry-our partners. We strive not only to serve our artists and labels but our customers, the retailers who sell our records. We're extremely proud to be named 'Distributor of the Year'."

This award from NARM marks a highly successful year for UMVD, which was just named Major Distributor of the Year by the Transworld Corporation this week. The company was also named one of Best Buy's Vendors of the Year. In addition, UMVD was named Distribution Company of the Year by the Retail Panels of both the Album Network and Urban Network Magazines.

UMVD recently made history for the year 2000 by becoming the first company ever to achieve the No. 1 position in the top five market share categories of Current Albums, Overall Albums, Singles, R&B Albums, and Country Albums according to SoundScan. In addition to those main categories, the company was also No. 1 in Alternative Rock, Hard Rock, Classics, Jazz, Rap, Soundtracks, Catalog and Deep Catalog, according to SoundScan.

Universal Music & Video Distribution handles the distribution and sales for such labels as The Universal/Motown Records Group, The Island/Def Jam Music Group, Interscope Geffen A&M Records, MCA Records, MCA Nashville, Mercury Nashville, The Verve Music Group, The Decca Record Company Ltd., Deutsche Grammophon, The Philips Music Group, Universal Music Latino, Universal Music Enterprises, RMM Records, Varese Saraband, Max Music, Thump, and Sonic Images as well as product from Universal Pictures' home video unit.

Universal Music and Video Distribution is a unit of the Universal Music Group, the world's leading music company with wholly-owned record operations or licensees in 63 countries around the world. 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 A&M Records, Decca Record Company, Deutsche Grammophon, Geffen Records, Interscope Records, Island Def Jam Music Group, Jimmy and Doug\'s Farmclub.com, MCA Nashville, MCA Records, Mercury Records, Motown Records, Philips, Polydor, Universal Records, 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 UM3 (outside the U.S.).

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

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