VIACOM SHARES FALL 11.7 PCT TO $17.73 AFTER COMPANY UPDATES OUTLOOK

        NEW YORK (Thomson Financial) - VIACOM SHARES FALL 11.7 PCT TO $17.73 AFTER
COMPANY UPDATES  OUTLOOK
       Oct 10 (Reuters) - Viacom Inc: 
    * Sees Q3 2008 adjusted earnings per share about $0.53 to $0.55 
    * Says Q3 performance will be impacted by a decline of approximately 2% in
worldwide advertising revenues 
    * Sees delivering growth in adjusted diluted EPS from continuing operations
in a range of mid-single to low double digit for the full year 2008 
    * Reuters Estimates Q3 earnings per share view $0.61 
    * Cites rapid softening of economy and uncertainty created in forecasting
advertising growth 
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Chuck Mikolajczak
cm

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