WPP Group PLC
01 February 2005
For immediate release 1 February 2005
WPP Group plc ("WPP")
Grey Global Group Inc ("Grey")
In connection with the proposed acquisition of Grey by WPP, Amendment No.3 to
Registration Statement on Form F-4 was filed by WPP with the Securities and
Exchange Commission ("SEC") in Washington DC on 1 February 2005. WPP has
requested that the SEC declare the Registration Statement effective as of 10:00
a.m. Eastern Standard Time 2 February 2005.
Copies of this Registration Statement, which includes the Definitive Proxy
Statement that will be mailed to Grey stockholders, are available free of charge
on the SEC website at www.sec.gov under WPP's company filings and as otherwise
indicated below under "Investor Information". In addition, a copy of the
Registration Statement has been submitted to the UK Listing Authority and will
shortly be available for inspection at the UK Listing Authority Document Viewing
Facility which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS
Tel: (0) 20 7676 1000
Contact: ++44 20 7408 2204
Feona McEwan, WPP London
www.wpp.com
INVESTOR INFORMATION
This communication is being made by WPP in respect of the proposed merger
involving WPP and Grey. This communication does not constitute an offer of any
securities for sale. In connection with the proposed merger, WPP has filed with
the US Securities and Exchange Commission (SEC) on February 1 ,2005 , Amendment
no. 3 to Registration Statement on Form F-4 (SEC File No. 333-119949),
containing a proxy statement/prospectus relating to the proposed merger for the
stockholders of Grey, and each of WPP and Grey has and will be filing other
documents regarding the proposed merger with the SEC.
INVESTORS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS RELATING
TO THE PROPOSED MERGER AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC
BECAUSE THEY CONTAIN AND WILL CONTAIN IMPORTANT INFORMATION.
Investors may obtain the documents free of charge at the SEC's
website (www.sec.gov). In addition, documents filed with the SEC by WPP may be
obtained
free of charge by contacting WPP at 125 Park Avenue, New York, NY 10017, +1 212
632 2200. Documents filed with the SEC by Grey are available free of charge by
contacting Grey at 777 Third Avenue, New York, NY 10017, +1 212 546 2000.
Grey and its directors and executive officers may be deemed to participate in
the solicitation of proxies in respect of the proposed merger. Information
regarding Grey's directors and executive officers is available in Grey's
definitive proxy statement relating to its 2004 Annual Meeting of Stockholders.
This definitive proxy statement was filed by Grey with the SEC on December 8,
2004. Additional information regarding the interests of such potential
participants is included in definitive proxy statement/prospectus relating to
the proposed merger and the other relevant documents filed with the SEC.
This information is provided by RNS
The company news service from the London Stock Exchange TMBMA
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
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Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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