SOURCE: Thomson

December 21, 2006 04:39 ET

Thomson to sell its Consumer Electronics Accessories activities outside Europe to Audiovox

PARIS -- (MARKET WIRE) -- December 21, 2006 -- Thomson to sell its Consumer Electronics Accessories activities outside Europe to Audiovox

Paris, December 21, 2006 — Thomson (Euronext 18453 ; NYSE : TMS) today announced it reached a definitive agreement to sell its consumer electronics accessories (CE Accessories) activities outside Europe and the rights to the RCA name and other accessories names in the field of consumer electronics accessories to Audiovox Corporation (NASDAQ: VOXX). The CE Accessories business develops, markets and sells under the RCA, Jensen, Acoustic Research and other brand names a broad range of accessories that function with audio, video or consumer electronics products.

Audiovox will pay Thomson approximately $50 million and will also make payments in connection with the sales of RCA-branded CE accessories over the five-year period immediately following closing of the transaction.

The sale of the CE Accessories business is in line with Thomson's focus on providing technologies, services and systems to the Media & Entertainment industries and with its previously announced plans to dispose of its Audio/Video and accessories business worldwide.

Completion of the sale is expected to take place in early 2007.

Certain statements in this press release, including any discussion of management expectations for future periods, constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements due to changes in global economic and business conditions, consumer electronics markets, and regulatory factors. More detailed information on the potential factors that could affect the financial results of Thomson is contained in Thomson's filings with the U.S. Securities and Exchange Commission.

About Thomson — World leader in digital video technologies

Thomson (Euronext Paris: 18453; NYSE: TMS) provides technology, services, and systems 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 is the preferred partner to the Media & Entertainment Industries through its Technicolor, Grass Valley, RCA, and Thomson brands. For more information: http://www.thomson.net.

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| Press Relations   |                  |                    |
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|Martine Esquirou   |+33 1 41 86 58 51 |martine.esquirou@tho|
|                   |                  |mson.net            |
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|Marine Boulot      |+33 1 41 86 55 97 |marine.boulot@thomso|
|                   |                  |n.net               |
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|Investor Relations |                  |                    |
+-------------------+------------------+--------------------+
|Marie Boidot       |+33 1 41 86 51 00 |marie.boidot@thomson|
|                   |                  |.net                |
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|Laurent Sfaxi      |+33 1 41 86 58 83 |laurent.sfaxi@thomso|
|                   |                  |n.net               |
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