1st Oct 2007 12:09
WPP Group PLC01 October 2007 FOR IMMEDIATE RELEASE 1 October 2007 WPP GROUP PLC ("WPP") WPP acquires majority stake in Dawson in China WPP announces that it has agreed to acquire, subject to regulatory approvals, a51% stake in Dawson Integrated Marketing Communications ("Dawson"), a leadingmarketing communications services group in China. Founded in 1997, Dawson employs 270 people and is based on Guangzhou, withoffices in Beijing, Shanghai, Wuhan and Chengdu. Clients include P&G, Nike,Nokia, Yili Milk and Guangdong Mobile. Dawson's unaudited revenues for the year ended 31 December 2006 were RMB 43.3 million, with gross assets at the same date of RMB 78.4 million. This investment continues WPP's strategy of developing its business in fastgrowing markets and sectors. Contact: + 44 (0)20 7408 2204Feona McEwan, WPPwww.wpp.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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