Article: Vivendi Universal Recaps Asset Disposal Program for the Second-Half 2002.

Business Editors

PARIS--(BUSINESS WIRE)--Jan. 16, 2003

From July 1 to December 31, 2002, Vivendi Universal (Paris Bourse: EX FP; NYSE:V) concluded transactions worth E8.2 billion in disposals and debt taken on by the acquirers. At December 31, 2002, asset sales worth E6.8 billion had been closed and Vivendi Universal had collected E6.4 billion in cash.

 
 
 
Asset Proceeds   Cash Remarks 
  (% of VU investment held in Asset   from  received 
 sold)disposal  (gross) 
  in Em 
---------------------------------------------------------------------- ...

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