Vivendi Universal Statement on APPAC Allegations.Business Editors PARIS--(BUSINESS WIRE)--Feb. 23, 2004 According to its chairman's declarations, APPAC, the individual shareholders' association, may have filed a complaint for forgery and the use of forged documents against the senior management of Vivendi Universal (Paris Bourse Paris Bourse National stock market of France. : EX FP; NYSE NYSE See: New York Stock Exchange : V). These accusations, like the other allegations contained in his declarations, are completely groundless. There are no inconsistencies or falsifications in the minutes or extracts of minutes from any Vivendi Universal board meeting. APPAC's allegations are therefore libelous In the nature of a written Defamation ,a communication that tends to injure reputation. , and VU will in due time go before the appropriate court, in the same way as it responded to APPAC's wrongful writ of ENTRY, WRIT OF. The name of a writ issued for the purpose of obtaining possession of land from one who has entered unlawfully, and continues in possession. This is a mere possessor action, and does not decide the right of property. 2. January 16, 2004, by a counterclaim A claim by a defendant opposing the claim of the plaintiff and seeking some relief from the plaintiff for the defendant. A counterclaim contains assertions that the defendant could have made by starting a lawsuit if the plaintiff had not already begun the action. for damages. Important Disclaimer This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking 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 Universal has filed with the U.S. Securities and Exchange Commission and the French Autorite des Marches Financiers. Investors and security holders may obtain a free copy of documents filed by Vivendi Universal with the U.S. Securities and Exchange Commission at (www.sec.gov) or directly from Vivendi Universal. Vivendi Universal does not undertake, nor has any obligation, to provide, update or revise any forward-looking statements. |
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