WPP Group PLC
8 March 2002
WPP GROUP PLC ("WPP")
WPP was notified on 7 March 2002 of the following share vestings pursuant to the
terms of the WPP Performance Share Plans for the periods 1997 to 1999 and 1998
to 2000 and 1999 to 2001.
Sir Martin Sorrell is interested in 93,123 shares under the 1999 to 2001
Performance Share Plan, which he continues to hold following his election to
defer the vesting of the shares beyond 31 December 2002. Sir Martin has an
interest in 13,480,077 shares representing 1.17% of the issued share capital of
WPP.
58,901 shares vested in Mr Paul Richardson, which have been sold. Mr
Richardson's beneficial holding is 348,849 shares representing 0.030% of the
issued share capital of WPP.
46,290 shares vested in Mr Eric Salama, which have been sold. Mr Salama's
beneficial holding is 443,454 shares representing 0.038% of the issued share
capital of WPP.
48,430 shares vested in Mr Brian Brooks, which have been sold. Mr Brooks
beneficial holding is 390,298 shares representing 0.034% of the issued share
capital of WPP.
The share disposals have been made to provide funding for tax and other personal
financial commitments.
8 March 2002
This information is provided by RNS
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