Partnership agreement with North america's largest outdoor advertising company in L.A

Los Angeles - It was jointly announced today by Infinity Outdoor Advertising, part of Viacom, Inc. and JCDecaux, the world's largest street furniture company, that they have joint ventured in a bid for the Los Angeles Coordinated Street Furniture contract. The proposals for the City's contract were turned in today.

Contract is expected to generate substantial revenues to support a total program of 2,500 bus shelters, fully automatic public toilets and an array of other street furniture. It will be one of the largest street furniture contracts of its kind ever to be awarded worldwide.

Wally Kelly, President of Infinity Outdoor commented, " Not only are we the incumbent bus shelter provider in Los Angeles, but as the largest outdoor company in the United States we have an unparalleled sales network. JCDecaux offers groundbreaking technical expertise and is unrivalled in terms of innovation and design. This gives the City of Los Angeles the best of both worlds ". Infinity Outdoor Advertising operates approximately 117,000 bulletin, poster, mall and transit advertising display faces as well as a full service sports marketing service in the U.S., Canada and Mexico.

Jean-François Decaux, Chairmann and Co-CEO of JCDecaux said, " As Europe's preeminent street furniture company, we are keen to expand our footprint in the United States following our success in San Francisco. Infinity's and JCDecaux's assets are a perfect compliment, and we are looking forward to a successful combination ". JCDecaux is the world's largest outdoor advertising company operating over 500,000 advertising displays in 38 countries.

Decaux and Kelly explained that by joining forces, Infinity Outdoor and JCDecaux offer the City of Los Angeles the best of both worlds : outstanding service and experience combined with unrivaled technical capabilities from two of the world's leading outdoor companies.