Thomson Transfers its Italian Tubes Activity to Videocon

    Business Editors

    PARIS--(BUSINESS WIRE)--Jan. 26, 2005--Thomson (NYSE:TMS)(Euronext Paris:18453) today announced an important step in the implementation of its strategy announced on 21st October 2004 to partner its Displays activity. Thomson will transfer its Italian tubes manufacturing facility in Anagni to Videocon, India's leading manufacturer of consumer electronics and white goods.
    Videocon is pursuing an international expansion strategy and will develop its European manufacturing base from the Anagni plant in Italy. The agreement between Thomson and Videocon will therefore enable the progressive development of new manufacturing operations at Anagni.
    The financial impact of the transaction for Thomson is fully in line with the one-time charge announced on 21st October 2004 to be taken largely against its 2004 results.
    This agreement illustrates Thomson's determination to find a sustainable future for the sites within its Displays business. Thomson has previously announced a strategy of partnerships in Displays, which continues to progress on plan and schedule.

    About Thomson - Partner to the Media & Entertainment Industries

    Thomson (Euronext Paris: 18453; NYSE: TMS) provides technology, systems and services to help its Media & Entertainment clients - content creators, content distributors and users of its technology - realize their business goals and optimize their performance in a rapidly changing technology environment. The Group intends to become the preferred partner to the Media & Entertainment Industries through its Technicolor, Grass Valley, RCA and Thomson brands. For more information: www.thomson.net.

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CONTACT: Thomson Monica Coull, +33 1 41 86 53 10 (Press Relations) monica.coull@thomson.net Severine Camp, +33 1 41 86 57 23 (Investor Relations) severine.camp@thomson.net David Schilansky, +33 1 41 86 52 38 (Investor Relations) david.schilansky@thomson.net or Financial Dynamics Elisa Kitson, +33 1 47 03 68 10 (Press Relations) elisa.kitson@fd.com Aurelie Gasnier, +33 1 47 03 68 10 (Press Relations) aurelie.gasnier@fd.com

KEYWORD: NEW YORK FRANCE INTERNATIONAL EUROPE INDUSTRY KEYWORD: TELECOMMUNICATIONS INTERNET E-COMMERCE SOURCE: Thomson

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