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Acquisition

3rd Jan 2008 10:39

WPP Group PLC03 January 2008 For Immediate Release 3 January 2008 WPP GROUP PLC ("WPP") JWT acquires stake in digital and dialogue marketing agency, Tagora, in Belgium WPP announces that its wholly-owned operating company, JWT, the leadingmarketing communications group, has acquired a 75% stake in Tagora.com NV("Tagora"), a leading Belgian digital and dialogue marketing agency. Tagora has offices in Brussels and employs 30 people. Tagora's major clientsinclude Radisson, CISCO, Carlsberg and the European Commission and serves someof Belgium's top businesses and organisations, including Nuon, Walibi, TradeMart and Belgian National Bank. Tagora's revenues for the year ended 31 December 2006 were €3.6 million withgross assets at the same date of €2.74 million. This acquisition continues WPP's strategy of developing its networks in fastgrowing markets and sectors and strengthening its capabilities in digital media. Contact:Feona McEwan, WPPT. 44 (0)20 7408 2204www.wpp.com This information is provided by RNS The company news service from the London Stock Exchange

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