Vivendi Universal announced today that Vice Chancellor Lamb of the Court of Chancery of the State of Delaware granted the InterActiveCorp's motion for judgment on the pleadings in the pending tax distribution lawsuit against Vivendi Universal and its former subsidiaries,
Vivendi Universal Entertainment and USI Entertainment. InterActiveCorp and its affiliate filed suit in April 2003 to seek specific performance of what they contend to be Vivendi Universal Entertainment's obligations to make tax distributions to them on their Preferred Interests in VUE.

Vivendi Universal intends to appeal the ruling




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