Viacom Declares Quarterly Cash Dividend

                   Viacom Declares Quarterly Cash Dividend

PR Newswire

NEW YORK, Nov. 14, 2012

NEW YORK, Nov. 14, 2012 /PRNewswire-FirstCall/ --Viacom Inc. (NASDAQ: VIAB
and VIA) today announced that its Board of Directors has declared a quarterly
cash dividend of $0.275 per share on both its Class A and Class B common
stock. The dividend will be payable on December 31, 2012 to stockholders of
record at the close of business on December 15, 2012.

(Logo: http://photos.prnewswire.com/prnh/20110811/NY51392LOGO )

About Viacom

Viacom is home to the world's premier entertainment brands that connect with
audiences through compelling content across television, motion picture, online
and mobile platforms in over 160 countries and territories. With media
networks reaching approximately 700 million global subscribers, Viacom's
leading brands include MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick
Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, SPIKE, Tr3s,
Paramount Channel and VIVA. Paramount Pictures, celebrating its 100th year in
2012 and creator of many of the most beloved motion pictures, continues today
as a major global producer and distributor of filmed entertainment. Viacom
operates a large portfolio of branded digital media experiences, including
many of the world's most popular properties for entertainment, community and
casual online gaming.

For more information about Viacom and its businesses, visit www.viacom.com.
Keep up with Viacom news by following Viacom's blog at blog.viacom.com and
Twitter feed at www.twitter.com/Viacom.

Cautionary Statement Concerning Forward-Looking Statements

This news release contains both historical and forward-looking statements. All
statements that are not statements of historical fact are, or may be deemed to
be, forward-looking statements. Forward-looking statements reflect the
Company's current expectations concerning future results, objectives, plans
and goals, and involve known and unknown risks, uncertainties and other
factors that are difficult to predict and which may cause actual results,
performance or achievements to differ. These risks, uncertainties and other
factors include, among others: the public acceptance of the Company's
programs, motion pictures and other entertainment content on the various
platforms on which they are distributed; technological developments and their
effect in the Company's markets and on consumer behavior; competition for
audiences and distribution; the impact of piracy; economic conditions
generally, and in advertising and retail markets in particular; fluctuations
in the Company's results due to the timing, mix and availability of the
Company's motion pictures; changes in the Federal communications laws and
regulations; other domestic and global economic, business, competitive and/or
regulatory factors affecting the Company's businesses generally; and other
factors described in the Company's news releases and filings with the
Securities and Exchange Commission, including its 2011 Annual Report on Form
10-K and reports on Form 10-Q and Form 8-K. The forward-looking statements
included in this document are made only as of the date of this document, and
the Company does not have any obligation to publicly update any
forward-looking statements to reflect subsequent events or circumstances.

SOURCE Viacom Inc.

Website: http://www.viacom.com
Contact: Press: Jeremy Zweig, Vice President, Corporate Communications,
+1-212-846-7503, jeremy.zweig@viacom.com; or Investors: James Bombassei,
Senior Vice President, Investor Relations, +1-212-258-6377,
james.bombassei@viacom.com