Acquisition

WPP Group PLC 25 September 2000 WPP GROUP ('WPP') WPP acquires interactive agency Coolfire in the United States WPP announces that its wholly-owned operating company, J Walter Thompson Company ('JWT') has acquired 100% of the equity of Coolfire Interactive, Inc., ('Coolfire'), a US-based interactive agency providing internet services to the Ford Motor Company. Based in New York City, Coolfire specialises in facilitating web-based business communications between client organisations and their dealers, franchisees and employees. It will continue to operate as a distinct unit within JWT, working especially closely with the agency's Detroit and New York offices. Coolfire had revenues of $3.9 million for 1999 and net assets of $1 million as at 31 December 1999. The acquisition of Coolfire strengthens JWT's comprehensive marketing services resources and talent to one of its - and WPP Group's - principal clients in business-related new media. For further information, contact: Feona McEwan at WPP Tel: (020) 7408 2204 www.wpp.com www.jwtworld.com

Companies

WPP (WPP)
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