21st May 2007 14:32
WPP Group PLC21 May 2007 FOR IMMEDIATE RELEASE 21 May 2007 WPP GROUP PLC ("WPP") WPP acquires digital agency Aqua Online in South Africa WPP announces that it has acquired the entire issued share capital of AquaOnline ("Aqua"), the largest independent full-service digital agency in SouthAfrica. Based in Johannesburg, Aqua employs 58 people and its client roster includes BMWGroup, Sun International, Avis, Standard Bank, Mobile Technology Networks andSABMiller. Aqua's unaudited revenues for the year ended 31 December 2006 were Rand 28.2million, with gross assets at the same date of Rand 12.9 million. This investment continues WPP's strategy of developing its services in fastgrowing sectors and markets 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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