Viacom Announces Quarterly Cash Dividend

Viacom Announces Quarterly Cash Dividend

NEW YORK, May 26 /PRNewswire-FirstCall/ -- The Board of Directors of Viacom Inc. (NYSE:VIA)(NYSE:and)(NYSE:VIA.B) today declared a regular quarterly cash dividend of $0.07 per share on Viacom's Class A and Class B Common Stock, payable July 1, 2005, to stockholders of record at the close of business on June 7, 2005.

Viacom is a leading global media company, with preeminent positions in broadcast and cable television, radio, outdoor advertising, and online. With programming that appeals to audiences in every demographic category across virtually all media, the company is a leader in the creation, promotion, and distribution of entertainment, news, sports, music, and comedy. Viacom's well- known brands include CBS, MTV, Nickelodeon, Nick at Nite, VH1, BET, Paramount Pictures, Infinity Broadcasting, Viacom Outdoor, UPN, TV Land, Comedy Central, CMT: Country Music Television, King World, Spike TV, Showtime, Paramount Parks, and Simon & Schuster. More information about Viacom and its businesses is available at http://www.viacom.com/ .

Source: Viacom Inc.

CONTACT: Investors: Martin Shea, +1-212-258-6515, marty.shea@viacom.com,
or James Bombassei, +1-212-258-6377, james.bombassei@viacom.com; Press: Carl
D. Folta, +1-212-258-6352, carl.folta@viacom.com, carl.folta@viacom.com, or
Kristi Gorman, +1-212-846-6261, kristi.gorman@viacom.com, all of Viacom Inc.

Web site: http://www.viacom.com/

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