Information  X 
Enter a valid email address

Taylor Nelson Sofres (TNS)

  Print      Mail a friend       Annual reports

Monday 01 December, 2003

Taylor Nelson Sofres

Placing of IPG Stake

Taylor Nelson Sofres PLC
01 December 2003

For immediate release                                            1 December 2003

                                 Taylor Nelson Sofres plc

                                   Placing of IPG stake

Taylor Nelson Sofres plc (TNS) has been advised that The Interpublic Group of
Companies, Inc. (IPG) has today disposed of its entire holding of 11,688,218 TNS
shares.  The shares were issued to IPG by TNS as part of the consideration, when
the acquisition of NFO WorldGroup, Inc. (NFO) was completed in July 2003.  In
order to allow the disposal of the entire holding to take place at this time,
TNS has agreed to lift the timing restriction, relating to half of these shares,
which was part of the acquisition arrangements.

The shares were purchased by Cazenove and Deutsche Bank and subsequently placed
with institutional investors.


For further information, please contact:
Janis Parks, Head of Investor Relations                     +44 (0)20 8967 1584

Margaret George, Citigate Dewe Rogerson                     +44 (0)20 7638 9571

Email to:

Note to editors

About TNS

TNS is one of the world's leading market information groups.  We provide market
measurement, analysis and insight through our global network of operating
companies in 70 countries.  Working with national and multi-national
organisations, we help our clients to develop effective business strategies and
enhance relationships with their customers.  In July 2003, the group completed
the acquisition of NFO WorldGroup, Inc.  Further information on TNS can be found

                      This information is provided by RNS
            The company news service from the London Stock Exchange