21st Sep 2007 09:38
WPP Group PLC21 September 2007 FOR IMMEDIATE RELEASE 21 September 2007 WPP GROUP PLC ("WPP") WPP acquires stake in digital and interactive agency, OOT S.r.l. in Italy WPP announces that it has acquired a 20% stake in OOT S.r.l. ("OOT"), a leadingItalian digital and interactive agency. Founded in 2000 by Rocco Benetton and Fulvio Ottoviano, OOT is based in Trevisoand employs 10 people. Clients include Telecom Italia, Antoveneta Bank, TIM,Autogrill and Irca. OOT's revenues for the year ended 31 December 2006 were Euro 1.1 million withgross assets at the same date of Euro 987,000. This investment continues WPP's strategy of developing its business in fastgrowing sectors and strengthening its capabilities in digital media. Contact:Feona McEwan, WPP +44 (0)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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