Los Angeles, California, April 24, 2006 — Mike Davis has been named Executive Vice President & General Manager of Universal Music Enterprises (UMe), the entertainment industry’s leading catalog and ancillary marketing company, it was announced today by UMe President Bruce Resnikoff. Based at the company’s Los Angeles headquarters, Davis reports directly to Resnikoff. Most recently, Davis served as Executive Vice President of Sales and Marketing for UMVD.

In this newly created position, Davis will oversee such UMe divisions as Film & TV Music, Special Markets, Product Development (A&R) and the New Door label, as well as all physical and digital sales & marketing initiatives.

“Over the course of the last year, we have been aggressively expanding the scope of UMe’s business to take full advantage of the many new opportunities emerging in the marketplace,” stated Resnikoff. “In order to stay the leader in this industry, we need to build upon our current base and constantly innovate. Mike is a strong executive with significant experience in building high-performing businesses, and I am certain that his expertise will only enhance further UMe’s winning formula.”

“I am eager to be moving into the next phase of my career and doing it alongside Bruce and the entire UMe team,” added Davis. “Working with Jim Urie (President, UMVD) and everyone at UMVD has been, without a doubt, one of the most fulfilling experiences of my career. I’ve formed close working relationships with people whom I have grown to admire and respect. I now look forward to the next set of challenges, and I am very grateful to Bruce for this opportunity.”

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.

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 Universal, a global media and communications company.