Viacom Announces $550 Million Debt Offering

                 Viacom Announces $550 Million Debt Offering

PR Newswire

NEW YORK, March 11, 2013

NEW YORK, March 11, 2013 /PRNewswire-FirstCall/ -- Viacom Inc. (NASDAQ: VIAB,
VIA) today announced that it has agreed to sell $300 million in aggregate
principal amount of 3.250% senior notes due 2023 at a price equal to 99.148%
of the principal amount thereof (the "Senior Notes") and $250 million in
aggregate principal amount of 4.875% senior debentures due 2043 at a price
equal to 99.474% of the principal amount thereof (the "Senior Debentures").
The sale of the Senior Notes and the Senior Debentures is expected to close on
March 14, 2013.

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Viacom intends to use the net proceeds from the offering for general corporate
purposes, including, but not limited to, the repayment of outstanding
indebtedness and the repurchase of shares under its share repurchase program.

The joint book-running managers for the offering are BNP Paribas Securities
Corp., Goldman, Sachs & Co., J.P. Morgan Securities LLC and RBC Capital
Markets, LLC.

Viacom's senior unsecured debt is currently rated BBB+ by Standard & Poor's
and Fitch, and rated Baa1 by Moody's Investors Service.

The terms and conditions of the Senior Notes and the Senior Debentures are set
forth in a prospectus, which can be obtained by contacting Viacom Investor
Relations at 1-800-516-4399 or by written request to Viacom Inc., 1515
Broadway, 52nd Floor, New York, New York 10036, Attn: Investor Relations.

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, America's oldest film studio
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

For more information about Viacom and its businesses, visit

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 and other programming; 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
but not limited to its 2012 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.

Contact: Media - Jeremy Zweig, +1-212-846-7503,, or
Mark Jafar, +1-212-846-8961,; Investors - James
Bombassei, +1-212-258-6377,, or Pamela Yi,
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