VIVENDI UNIVERSAL PUBLISHING

L'EXPANSION MANAGEMENT REVIEW

[ providing information relating to entertainment and sports through an on-line global information network ];magazines relating to business management, business administration and education of business persons;advertising services provided for others in a printed magazine and through on-line telecommunication facilities and providing information relating to business management, business administration, education of business persons, [ and cultural activities ] in a printed magazine and through on-line telecommunication facilities;MANAGEMENT REVIEW;The stippling in the drawing is for shading purposes only and does not indicate color.;The English translation of the word L'EXPANSION in the mark means the expansion.;