Acquisition of Interests in Australia & Asia

WPP Group PLC 29 February 2000 WPP GROUP PLC ('WPP') Enterprise IG acquires Springham Anderson and Horniak & Canny in Asia WPPs wholly-owned operating company, Enterprise IG, the brand and identity consultancy, has acquired 75% of the shares of Horniak & Canny Pty Limited ('H&C') in Australia and entered into put and call options in respect of the outstanding 25%. Enterprise IG has also acquired Springham Anderson Design Pte Ltd ('SA') in Singapore and the business and assets of Springham Anderson in Perth, Australia. H&C, which has offices in Sydney and Melbourne. employs 42 people and had revenues of A$3.3million in the year ended 30 June 1999. SA, which will change its name to Enterprise IG, employs 21 people and had revenues of A$1.9million in the year ended 30 June 1999 and net assets of A$610,000 at that date. The expansion of the Enterprise IG network in Asia is in line with the growth strategy seen in 1999 in Europe as it takes the lead in meeting market demand for global corporate and product branding consultancy services. For further information: Feona McEwan at WPP T. 020 7408 2204 www.wpp.com www.enterpriseig.com

Companies

WPP (WPP)
UK 100

Latest directors dealings