Acquisition

WPP Group PLC 23 February 2001 FOR IMMEDIATE RELEASE 23 February 2001 WPP GROUP PLC ('WPP') Ogilvy & Mather Worldwide acquires promotions company, Maxx Marketing, in Asia WPP announces that its wholly-owned operating company Ogilvy & Mather Asia Pacific, the advertising agency, has acquired 51% of the issued capital of Maxx Marketing Limited ('Maxx'), a promotions marketing company in Asia Pacific. Founded in 1997 and with offices in Hong Kong, Seoul, Manila, Shanghai, Bangkok and Los Angeles, Maxx creates and fulfils tailor-made promotional campaigns for clients. Clients include Tricon Worldwide (including KFC, Pizza Hut and Taco Bell), Colgate Palmolive, Bristol Myers and Nissho Sangyo Group in Tokyo for whom it works with The Japan Baseball League. The agency, which employs 35 people, had revenues of HK$ 31 million and net assets of HK$ 15.7 million for the 15 month period ended 31 December 1999. The acquisition of Maxx further strengthens Ogilvy & Mather's comprehensive range of communications services to clients and continues WPP's strategy of expanding its networks in fast-growing sectors and markets. Contact: Feona McEwan, WPP London 44-20 7408 2204 www.wpp.com www.ogilvy.com

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WPP (WPP)
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