Acquisition

WPP Group PLC 5 January 2001 FOR IMMEDIATE RELEASE 5 January 2001 WPP GROUP PLC ('WPP') Acquires e-services consultancy, Imaginet, in the United States WPP announces the acquisition of Imaginet, an e-services consultancy based in Minneapolis in the US. Founded in 1991, Imaginet develops advanced e-business solutions that combine elements of technology, user-experience and business strategy to help companies successfully create and manage e-business channels. The company's revenues were $12.5 million in 2000 and net assets were $1.2 million at 31 December 2000. Imaginet employs over 100 internet professionals in the areas of technology, business and design. Clients include Dain Rauscher, DirectAg.com, Goodyear Tire and Rubber Company, Medtronic and Express Scripts, Inc. Its portfolio of work includes sophisticated document management systems and database-driven websites. The acquisition of Imaginet, which has worked closely with J. Walter Thompson, will provide further technology support to enhance marketing and business solutions for WPP's clients. The acquisition continues WPP's strategy of developing its new media interests both directly through the strengthening of established businesses and indirectly through new ventures. For information please contact: Feona McEwan, WPP Tel +44-20 7408 2204 www.wpp.com

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WPP (WPP)
UK 100

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