30th Nov 2005 10:57
WPP Group PLC30 November 2005 For immediate release 30 November 2005 WPP GROUP PLC ("WPP") Research International increases shareholding in China joint venture WPP announces that its operating company Research International, the leadingcustom market research agency, has acquired a majority interest in its jointventure company in China which has been trading as Research International since1997. Research International China, which has full service offices in Beijing,Guangzhou and Shanghai and fieldwork offices in Shenyang, Wuhan and Chengdureported revenues of RMB117.5 million for the year ended 31 December 2004 andhad net assets of RMB31.2 million as at that date. The acquisition further strengthens RI's comprehensive services to clients andcontinues WPP's strategy of expanding its networks in fast-growing and importantmarkets. For further information, please contact: WPP London +44 (0) 20 7408 2204Feona McEwanwww.wpp.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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