Negotiations between Cordiant and WPP regarding acquisition

17 June, 2003

The boards of Cordiant and WPP announce that, with the agreement of the majority of

Cordiant’s secured lenders, they are in exclusive and advanced negotiations with a view to the acquisition by WPP of Cordiant by means of a recommended scheme of arrangement. Cordiant and WPP expect to make a further announcement in the near future

Acrobat Document WPP_PressRelease_NegotiationsbetweenCordiantandWPP.pdf

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