Vivendi Signs a New €1.1 Billion Bank Credit Line and Arranges Anticipated Refinancing

Regulatory News:

Vivendi(Paris:VIV) successfully completed the anticipated refinancing of two bank credit lines for a total amount of €2 billion (a €1.5 billion Vivendi credit line, maturing December 2012, and a €492 million SFR credit line, maturing March 2012). A new five year €1.1 billion credit line is replacing the two existing credit lines that are maturing within the next 12 months.

Oversubscribed, the transaction has been placed successfully with 16 banks. It enables the Group to strengthen its financial structure thanks to the extension of its average debt maturity, which will be over four years on December 31, 2011, and by pursuing its total external debt group consolidation policy at holding company level after the 44% acquisition of SFR (finalized in June 2011).

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In 2010, Vivendi achieved revenues of €28.9 billion and adjusted net income of €2.7 billion. The Group has over 51,300 employees. www.vivendi.com

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