///Corporate

JIM WEATHERSON APPOINTED EXECUTIVE VICE PRESIDENT UNIVERSAL MUSIC AND VIDEO DISTRIBUTION

Universal City, California, August 3, 2001 — Jim Weatherson has been promoted to Executive Vice President, Universal Music and Video Distribution, it was announced today by Jim Urie, President, Universal Music and Video Distribution (UMVD).

Based in Universal City, Mr. Weatherson will oversee all marketing and sales functions within North America.

“Jim’s contribution to the impressive success we have had at UMVD made him a natural choice for his new role,” commented Jim Urie. “His long-standing career with Universal and tremendous contributions make this a well deserved promotion.”

Prior to his appointment, Mr. Weatherson served as Divisional Vice President, Central Division for UMVD in Dallas, Texas. Mr. Weatherson has served in various sales and management positions at UMVD during the past 15 years, including Branch Manager, Sales Manager, and Sales Representative.

Most recently during Mr. Weatherson’s tenure as Divisional Vice President, his work within the Central Division contributed to UMVD’s unprecedented success. In calendar year 2000, Universal had 67 albums that sold over one million units each (12 of which sold over three million units). UMVD also held the No. 1 position on the “Billboard” Top 200 Album chart for 21 weeks in 2000 (over 40% of the calendar year).

Previously Mr. Weatherson served in various sales and radio promotion positions at Pickwick International for eight years.

Universal Music and 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, Universal Classics, Universal Music Latino, Universal Music Enterprises, Univision Music Group, Disa, Sonic Images, ABKCO, Hollywood, Lideres Entertainment, Lyric Street, Northsound, Playboy, RMM, Thump, Varese Sarabande, Walt Disney, and Viva Discos International as well as theatrical video from Universal Studios.

Universal Music and Video Distribution is a unit of 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 Decca Record Company, Deutsche Grammophon, Interscope Geffen A&M Records, Island Def Jam Music Group, 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 also includes eLabs, its division dedicated to strategy, business development, and management of new businesses in the online and advanced technology space.

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

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