WPP Group PLC
27 November 2002
FOR IMMEDIATE RELEASE 27 November 2002
WPP GROUP PLC ("WPP")
WPP acquires Media Club in Italy
WPP has acquired, subject to Italian competition authority clearance, the entire
issued share capital of Media Club SpA, Italy's leading independent media
agency. Media Club will become part of WPP's Mediaedge:cia's Italian
operations which will continue to operate with two separate brands.
Founded in December 1994, and based in Milan and Rome, Media Club employs 86
people and had revenues of Euro 12 million for the year ended 31 December 2001
and net assets of Euro 4.4 million at the same date.
The acquisition of Media Club reinforces WPP's comprehensive media offer in
Italy, and continues WPP's strategy of strengthening its networks in important
markets and sectors.
For further information, please contact:
Feona McEwan, WPP 44-20 7408 2204
www.wpp.com
This information is provided by RNS
The company news service from the London Stock Exchange
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