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Carl D. Folta Named Executive Vice President, Office Of The Chairman For New Viacom

Sumner M. Redstone, Chairman and Chief Executive Officer of Viacom Inc., today announced that Carl D. Folta will assume the newly created role of Executive Vice President of the Office of the Chairman in 2006, following the separation of the organization into two publicly traded companies. Mr. Folta will serve as chief representative of the Chairman and a corporate officer of both companies, reporting directly to Mr. Redstone, who will continue as Chairman and controlling shareholder of the two new companies. Mr. Folta is currently Executive Vice President of Corporate Relations for Viacom, a position he has held since November 2004.

[Source: Viacom]

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