Acquisition

WPP Group PLC 6 September 2000 WPP GROUP PLC ('WPP') WPP acquires web consultancy Interact WPP announces that its wholly-owned operating company, Ogilvy & Mather Ireland ('O&M') has acquired 75% of the equity of Interact, a leading internet strategy company based in Ireland, and entered into put options in respect of the remaining 25%. Established in 1994, Interact is one of the longest- established Irish web consultancy firms, providing internet and interactive branding services, website consultancy and design, and internet training courses. Interact's clients include Nestle Rowntree, VHI, Mid Western Health Board, Setanta Sport and the National Library of Ireland. The company had revenues of IR£620,000 in 1999 and net assets of IR£33,000 as at 31 December 1999. The acquisition of Interact launches OgilvyInteractive in Ireland and will strengthen Ogilvy's 360 degree brand management system by bringing clients' brand building strategies on-line. OgilvyInteractive is a division of OgilvyOne Worldwide, the most experienced direct, interactive and relationship network in the world with 3,000 people and expected billings for the year 2000 of $2.7bn. For information: Feona McEwan, WPP Tel +44-20 7408 2204 www.wpp.com

Companies

WPP (WPP)
UK 100

Latest directors dealings