19th Feb 2007 09:00
WPP Group PLC19 February 2007 FOR IMMEDIATE RELEASE 19 February 2007 WPP GROUP PLC ("WPP") Ogilvy & Mather acquires Interflow's advertising business in Pakistan WPP announces that its joint venture company Ogilvy & Mather Pakistan (Private)Limited, has agreed to acquire part of the advertising business of InterflowCommunications (Private) Limited ("Interflow"). Founded in 1983 and located in Lahore and Karachi, Interflow employs 67 people.Interflow's revenues for the year ended 30 June, 2006 were PKR108 million withgross assets at the same date of PKR9.2 million. Clients include Nestle, theDubai Investment Bank, Unilever, British American Tobacco and Total. This investment continues WPP's strategy of developing its networks in fastgrowing markets and sectors. Pakistan is one of the fastest-growing markets inAsia, with a population of 165 million and GNP growth of almost 7%. Contact:Feona McEwan, WPP T: 44-20 7408 2204www.wpp.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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