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WPP announces merger between PPGH/JWT and Ubachs Wisbrun in Netherlands

11 December, 2006

WPP announces that its wholly-owned operating company JWT, the leading advertising agency network, has agreed to merge its Dutch operating company PPGH/JWT Groep BV with leading independent agency Ubachs Wisbrun BV (“Ubachs Wisbrun”). WPP will hold a 60% stake in the merged business which will be renamed Ubachs Wisbrun/JWT. Ubachs Wisbrun/JWT will commence trading on 1 January 2007.

Founded in 1996, Ubachs Wisbrun is based in Amsterdam and employs 56 people. Clients include Rabobank, Etos, Schuitema (C1000), ANWB and @Home.

Ubachs Wisbrun’s revenues for the year ended 31 December 2005 were € 8.6 million, with gross assets at the same date of € 5.5m.

This investment continues WPP’s strategy of developing advertising capabilities for existing and new clients in mature markets.

Acrobat Document WPP_PressRelease_UbachsWisbrunmerger_dec06_guid3ac.pdf

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