Vivendi

Vivendi: First Quarter 2012 Results in Line with Full Year Outlook 2012 Guidance Confirmed

Vivendi.TRINHT — 2012-05-14T15:53:17Z

Note to readers: this press release contains unaudited consolidated earnings established under IFRS which were approved by Vivendi's Management Board on May 10, 2012.

Paris, May 14, 2012

Vivendi: First Quarter 2012 Results in Line with Full Year Outlook 2012 Guidance Confirmed

Revenues: €7.1 billion, down 0.9% compared to first quarter 2011 and up 1.7% excluding Activision Blizzard.
SFR: mobile customer base decline (-274,000 subscribers), stabilized since mid-March. Decline in revenues (-4.2%) and stable excluding regulatory tariff cuts.
Activision Blizzard: combined effect of accounting principles and video game launch schedules.
Increase in revenues from all other activities.

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Press release

Vivendi successfully completes a new 5 year credit line of €1.5 billion

Vivendi.TRINHT — 2012-05-11T14:59:55Z

Paris, May 11, 2012

Vivendi successfully completes a new 5 year credit line of €1.5 billion

Vivendi successfully completed the early refinancing of two credit lines totaling €2.7 billion, which were due to expire in February 2013 (€1 billion) and August 2013 (€1.7 billion). They have been replaced with a new 5 year credit line of €1.5 billion, expiring in June 2017.

This operation has been syndicated to a pool of 15 banks and forms part of the policy of increasing Vivendi's financial strength. The Group's objectives are to maintain the company's average debt maturity at more than four years and to increase the proportion of financing through bond issues to more than 70% of its total borrowing.

About Vivendi The best emotions, digitally Vivendi is at the heart of the worlds of content, platforms and interactive networks. Vivendi combines the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the leading alternative broadband operator in Brazil (GVT) and the French leader in pay-TV (Canal+ Group). In 2011, Vivendi achieved revenues of €28.8 billion and adjusted net income of €2.95 billion. The Group has over 58,300 employees. www.vivendi.com

Important disclaimer Cautionary Note Regarding Forward Looking Statements. This press release contains forward-looking statements with respect to Vivendi`s financial condition, results of operations, business, strategy and plans. Although Vivendi believes that such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control, including but not limited to the risks described in the documents Vivendi has filed with the Autorité des Marchés Financiers (French securities regulator) and which are also available in English on our web site (www.vivendi.com). Investors and security holders may obtain a free copy of documents filed by Vivendi with the Autorité des Marchés Financiers at www.amf-france.org, or directly from Vivendi. Accordingly, we caution you against relying on forward looking statements. The present forward-looking statements are made as of the date of this press release and Vivendi disclaims any intention or obligation to provide, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Unsponsored ADRs. Vivendi does not sponsor an American Depositary Receipt (ADR) facility in respect of its shares. Any ADR facility currently in existence is "unsponsored" and has no ties whatsoever to Vivendi. Vivendi disclaims any liability in respect of such facility.


Press release

Vivendi: Michel Combes to be appointed Chairman and CEO of SFR

Vivendi.TRINHT — 2012-05-02T16:30:08Z

Paris, May 2, 2012

Vivendi: Michel Combes to be appointed Chairman and CEO of SFR

Vivendi announced today the appointment of Michel Combes as Chairman and CEO of SFR and a member of the Vivendi Management Board.

Michel Combes is currently Chief Executive Officer of Vodafone Europe and a Board member of Vodafone PLC. During his career, he has held the positions of Chairman and CEO of TDF and Chief Financial Officer of France Télécom. Michel Combes is a graduate of the prestigious Ecole Polytechnique and the Paris Telecoms School.

Commenting on this appointment, Jean-Bernard Lévy, Chairman of the Vivendi Management Board, stated: “We are very happy that Michel Combes has agreed to come on board to run SFR. His international management experience and his extensive knowledge of the telecoms sector will prove most valuable to lead the company in the challenges it faces. We have total confidence in his ability to mobilize the SFR teams and to build with them a successful future for the company.”

Michel Combes added: "I am very happy to be joining Vivendi and SFR. I have known the Group for many years and I am fully aware of both its potential and the quality of its teams, while recognizing the challenges ahead.”

Jean-Bernard Lévy will continue as Chairman and CEO of SFR until the 1st August, the scheduled date for Michel Combes' arrival.

Michel Combes biography

Michel Combes has been Chief Executive Officer, Europe Region, of Vodafone since October 2008 and was appointed to the Board in June 2009.

He began his career at France Télécom in 1986 in the External Networks Division, and then moved to the Industrial and International Affairs Division.

After being technical advisor to the French Minister of Transportation from 1991 to 1995, he served as Chairman and Chief Executive Officer of GlobeCast from 1995 to 1999.

He was Executive Vice President of Nouvelles Frontières Group from December 1999 until the end of 2001 when he moved to the position of Chief Executive Officer of Assystem-Brime, a company specializing in industrial engineering.

He returned to France Telecom Group in January 2003 as Senior Vice President of Group Finance and Chief Financial Officer. Until January 2006, he was Senior Executive Vice President, in charge of NExT Financial Balance & Value Creation and a member of the France Telecom Group Strategic Committee. From 2006 to 2008, he was Chairman and Chief Executive Officer of TDF Group.

Michel Combes is Chairman of the Supervisory Board of Assystem SA in France and serves as a non-Executive director on the boards of ISS Equity A/S, ISS Holding A/S and ISS A/S.

(Pictures available upon request)


Press release

Vivendi: Commitment to preserve its long term debt rating

Vivendi.TRINHT — 2012-04-26T16:36:31Z

Paris, April 26, 2012

Vivendi: Commitment to preserve its long term debt rating

In response to recent market rumors, although Vivendi is currently in a “quiet period” until May 14, 2012, it would like to reiterate to its bondholders that it is committed to preserving its long term debt rating at BBB stable (Standard & Poor's/Fitch) and Baa2 stable (Moodys).

Important disclaimer Disclaimer Forward Looking Statements. This press release contains forward-looking statements with respect to Vivendi`s financial condition, results of operations, business, strategy and plans. Although Vivendi believes that such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control, including but not limited to the risks described in the documents Vivendi has filed with the Autorité des Marchés Financiers (French securities regulator) and which are also available in English on our web site (www.vivendi.com). Investors and security holders may obtain a free copy of documents filed by Vivendi with the Autorité des Marchés Financiers at www.amf-france.org, or directly from Vivendi. The present forward-looking statements are made as of the date of this press release and Vivendi disclaims any intention or obligation to provide, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Unsponsored ADRs. Vivendi does not sponsor an American Depositary Receipt (ADR) facility in respect of its shares. Any ADR facility currently in existence is "unsponsored" and has no ties whatsoever to Vivendi. Vivendi disclaims any liability in respect of such facility.


Press release

Vivendi: Denial

Vivendi.TRINHT — 2012-04-25T22:25:52Z

Paris, April 25, 2012

Vivendi: Denial

Vivendi was astonished to read Bloomberg's allegations in a wire published tonight and regarding its strategy. Vivendi vigorously denies all the allegations in this wire, which are ungrounded and, as a matter of fact, anonymous. Vivendi regrets that its formal denial was not taken into account in Bloomberg's wire. Value creation for the shareholder is at the core of Vivendi's strategy. Future strategic decisions will be considered along this line.


Press release

Vivendi: all resolutions approved by a very large majority at the Shareholders' Meeting

Vivendi.TRINHT — 2012-04-19T17:21:55Z

Paris, April 19, 2012

Vivendi: all resolutions approved by a very large majority at the Shareholders' Meeting

Vivendi held its General Shareholders' Meeting today. A quorum of 54.04% was achieved, the highest level since 2009. Over 1,500 people attended the meeting.

Shareholders approved the ten proposed resolutions by a very large majority, between 94.62% and 99.60%, and in particular:

The allocation of net income for 2011 and the amount of the dividend

The renewal of Mr Jean-René Fourtou and Mr Philippe Donnet as members of the Supervisory Board.

These votes illustrated shareholder confidence in Vivendi.


Press release

Vivendi increases by €300 million its bond maturing July 13th 2021

Vivendi.TRINHT — 2012-04-12T15:03:18Z

Paris, April 12, 2012

Vivendi increases by €300 million its bond maturing July 13th 2021

Vivendi issued today with success a new tranche of €300 million of its original €750 million issue maturing July 13, 2021 with a 4.75% coupon. This operation brings its total issued bond to €1.050 billion.

This new tranche has a duration of 9.3 years and an issue price of 105.19% corresponding to a 4.06% yield.

This transaction enables Vivendi to further reduce the share of its bank debt in its borrowings and lengthen the average maturity of the latter.

About Vivendi
The best emotions, digitally Vivendi is at the heart of the worlds of content, platforms and interactive networks. Vivendi combines the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the leading alternative broadband operator in Brazil (GVT) and the French leader in pay-TV (Canal+ Group). In 2011, Vivendi achieved revenues of €28.8 billion and adjusted net income of €2.95 billion. The Group has over 58,300 employees. www.vivendi.com


Press release

Vivendi Announces Completion of Tender Offer

Vivendi.TRINHT — 2012-04-12T10:42:25Z

Please read carefully – The information below applies to all persons viewing this site

Access to the information and documents on this part of this website is restricted. Due to applicable legal and regulatory restrictions in various jurisdictions, electronic versions of the information and materials are not directed to or accessible by persons not qualified or authorized to do so.

The information and materials are provided for informational purposes only without any warranty of any kind, express or implied, and is not nor should it be considered to constitute legal, tax, credit, financial or other professional advice. It is not intended to provide the basis of any credit or other evaluation and should not be considered as a recommendation or constituting an invitation or offer to purchase any securities or a solicitation of an offer to sell any securities. None of the dealer managers have independently verified the information contained in these materials. Accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by either of them as to the accuracy or completeness of the information contained in these materials or any other information provided by Vivendi in connection with these materials or any offer of securities or any offering material in connection with any such offer or whether any material information has been omitted therefrom.

The information and materials shall not be distributed in Canada or Japan and do not constitute an offer of securities for sale in Canada or Japan.

The Tender Offer was not made, directly or indirectly, to the public in France. Neither the Tender Offer nor any other documents or offering materials relating to the Tender Offer have been or shall be distributed to the public in France and only (i) providers of investment services relating to portfolio management for the account of third parties (personnes fournissant le service d'investissement de gestion de portefeuille pour compte de tiers) and/or (ii) qualified investors (investisseurs qualifiés), all as defined in, and in accordance with, Articles L.411-1, L.411-2 and D.411-1 to D.411-3 of the French Code monétaire et financier, are eligible to participate in the Tender Offer. The Tender Offer has not been submitted to the clearance procedures (visa) of the Autorité des marchés financiers.

The information and materials do not constitute or form part of any offer or solicitation to purchase for any new securities in the United States or by U.S. persons. Any securities that may be offered in the future may not be offered or sold in the United States or to, or for the account or benefit of U.S. persons, unless they are registered or exempt from registration under the United States securities act of 1933, as amended or under a regulation or instruction published in relation to said act. Vivendi does not intend to register the securities in the United States or to conduct a public offering of the securities in the United States.

The Tender Offer and any other documents or materials relating to the Tender Offer were not made, and such documents and/or materials have not been approved, by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000 (the “FSMA”). Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that it is only directed at and may be communicated to (1) persons who have professional experience in matters relating to investments, being investment professionals as defined in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “FPO”); (2) persons who fall within Article 49 of the FPO (“high net worth companies, unincorporated associations etc.”); or (3) any other persons to whom these documents and/or materials may lawfully be communicated. Any investment or investment activity to which this Tender Offer relates is available only to such persons or will be engaged only with such persons and other persons should not rely on it.

In any European Economic Area Member State that has implemented Directive 2003/7 1 /EC (and amendments thereto, including Directive 2010/73/EU, together with any applicable implementing measures in any Member State, the “Prospectus Directive”), these information and materials are only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive.

Generally, the publication, distribution or transmission of these information and materials may, in certain countries, be subject to legal restrictions. Consequently, persons which may obtain them shall inform themselves as to the existence of such restrictions and comply with them. Non compliance with such restrictions may constitute a violation of the law. Vivendi declines any responsibility in the event of violation by any person of laws applicable to it.

We should be grateful if you would provide the information below in order to access the restricted information and materials contained on this website. We undertake not to use such information for any other purposes than to ensure adequate fulfillment of the required conditions to access the restricted information.

(NOT FOR DISTRIBUTION IN CANADA OR JAPAN)

I therefore certify that:

(1) I am a resident of a country or jurisdiction where I am qualified or authorized to have access to the information and documents presented on this site; and

(2) I am not a resident of or physically present in Canada or Japan; and

3) I have read and understand, and agree to comply with, the terms and conditions described above and that I am eligible to access the press release in accordance with such terms and conditions.

I have read and understand the foregoing, and hereby make the certifications above and agree to comply with all of the above restrictions:

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Vivendi Priced $2 billion of Notes in Three Tranches due 2015, 2018 and 2022

Vivendi.TRINHT — 2012-04-04T05:44:41Z

Please read carefully – The information below applies to all persons viewing this site

The information and materials contained on this website do not, and shall not, in any circumstances constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. This operation is part of a private offering to qualified institutional buyers following Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-US persons in compliance with Regulation S under the Securities Act.

The information and materials are provided for informational purposes only without any warranty of any kind, express or implied, and is not nor should it be considered to constitute legal, tax, credit, financial or other professional advice. It is not intended to provide the basis of any credit or other evaluation. None of the bookrunners have independently verified the information contained in these materials. Accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by either of them as to the accuracy or completeness of the information contained in these materials or any other information provided by Vivendi in connection with these materials or any offer of securities or any offering material in connection with any such offer or whether any material information has been omitted therefrom.

The information and materials shall not be distributed in Canada, Japan or Italy and do not constitute an offer of securities for sale in Canada, Japan or Italy.

No prospectus (including any amendment, supplement or replacement thereto) or any other offering material has been prepared in connection with the offering of the notes that has been approved by the Autorité des marchés financiers or by the competent authority of another State that is a contracting party to the Agreement on the European Economic Area and notified to the Autorité des marchés financiers; no notes have been offered or sold nor will be offered or sold, directly or indirectly, to the public in France; the prospectus or any other offering material relating to the notes have not been distributed or caused to be distributed and will not be distributed or caused to be distributed to the public in France; such offers, sales and distributions have been and shall only be made in France to qualified investors (investisseurs qualifiés) and/or a restricted circle of investors (cercle restreint d'investisseurs), all as defined in Articles L. 411-2 II, D. 411-1 to D. 411-4, D.744-1, D. 754-1 and D. 764-1 of the French Code monétaire et financier, in each case investing for their own account, or to persons licensed to provide the investment service of portfolio management for the account of third parties (service d'investissement de gestion de portefeuille pour compte de tiers) as defined in Article L. 411-2 II of the French Code monétaire et financier. The direct or indirect distribution to the public in France of any so acquired notes may be made only as provided by Articles L. 411-1, L. 411-2, L. 412-1 and L. 621-8 to L. 621-8-3 of the French Code monétaire et financier and applicable regulations thereunder.

The information and materials do not constitute or form part of any offer or solicitation to purchase for any new securities in the United States or by U.S. persons. The Notes will not be registered under the Securities Act, or any applicable state or foreign securities laws, and are subject to substantial restrictions on transfer. In particular, the Notes may not be offered or sold in the U.S., or to or for the benefit of U.S. persons, absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act.

This communication is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order or (iv) persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the FSMA, as defined below) may otherwise lawfully be communicated or cause to be communicated (all such persons together being referred to as “relevant persons”). The notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such notes will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

All offers of notes will be made pursuant to an exemption under the Prospectus Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU (the “2010 Prospectus Directive”), to the extent implemented in member states (the “Member States”) of the European Economic Area (the “EEA”) and any implementing measures) (the “Prospectus Directive”), as implemented in Member States of the EEA, from the requirement to produce a prospectus for offers of securities to the public. Accordingly, all offers of notes are only addressed to “qualified investors” in these Member States within the meaning of the Prospectus Directive or have been or will be made otherwise in circumstances that do not require the Issuer or any of the initial purchasers to publish a prospectus pursuant to the Prospectus Directive. Any person making or intending to make any offer within the EEA of Notes which are the subject of the placement contemplated should only do so in circumstances in which no obligation arises for the company or any of the initial purchasers to produce a prospectus for such offer. Neither the company nor any of the initial purchasers have authorized, nor do they authorize, the making of any offer of notes to the public through any financial intermediary, other than offers made by the initial purchasers which constitute the final placement of notes contemplated.

(NOT FOR DISTRIBUTION IN CANADA, JAPAN OR ITALY)

I therefore certify that:

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(2) I am not a resident of or physically present in Canada, Japan or Italy; and

3) I have read and understand, and agree to comply with, the terms and conditions described above and that I am eligible to access the press release in accordance with such terms and conditions.

I have read and understand the foregoing, and hereby make the certifications above and agree to comply with all of the above restrictions:

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Vivendi Announces Tender Offer for Outstanding 5.750% US Notes due 2013

Vivendi.TRINHT — 2012-04-03T12:55:07Z

Please read carefully – The information below applies to all persons viewing this site

The information and materials contained on this website do not, and shall not, in any circumstances constitute an offer to purchase any securities or a solicitation of an offer to sell any new securities nor is it a solicitation for acceptance of the Offer. Vivendi is making the Offer only by and pursuant to the terms of the Offer to Purchase. The Tender Offer is not being made to (nor will tenders of notes be accepted from or on behalf of) holders of notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. The information and materials must be read in conjunction with the Offer to Purchase.

The information and materials shall not be distributed in Canada or Japan and do not constitute an offer of securities for sale in Canada or Japan.

The Tender Offer is not being made, directly or indirectly, to the public in France. Neither the Tender Offer nor any other documents or offering materials relating to the Tender Offer have been or shall be distributed to the public in France and only (i) providers of investment services relating to portfolio management for the account of third parties (personnes fournissant le service d'investissement de gestion de portefeuille pour compte de tiers) and/or (ii) qualified investors (investisseurs qualifiés), all as defined in, and in accordance with, Articles L.411-1, L.411-2 and D.411-1 to D.411-3 of the French Code monétaire et financier, are eligible to participate in the Tender Offer. The Tender Offer has not been submitted to the clearance procedures (visa) of the Autorité des marchés financiers.

The Tender Offer and any other documents or materials relating to the Tender Offer is not being made, and such documents and/or materials have not been approved, by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000 (the “FSMA”). Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that it is only directed at and may be communicated to (1) persons who have professional experience in matters relating to investments, being investment professionals as defined in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “FPO”); (2) persons who fall within Article 49 of the FPO (“high net worth companies, unincorporated associations etc.”); or (3) any other persons to whom these documents and/or materials may lawfully be communicated. Any investment or investment activity to which this Tender Offer relates is available only to such persons or will be engaged only with such persons and other persons should not rely on it.

(NOT FOR DISTRIBUTION IN CANADA OR JAPAN)

I therefore certify that:

(1) I am a resident of a country or jurisdiction where I am qualified or authorized to have access to the information and documents presented on this site; and

(2) I am not a resident of or physically present in Canada or Japan; and

3) I have read and understand, and agree to comply with, the terms and conditions described above and that I am eligible to access the press release in accordance with such terms and conditions.

I have read and understand the foregoing, and hereby make the certifications above and agree to comply with all of the above restrictions:

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NO