6th May 2008 12:50
Taylor Nelson Sofres PLC06 May 2008 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN ANY JURISDICTION WHERE TO DO SOWOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION INCLUDINGAUSTRALIA, CANADA, JAPAN AND THE UNITED STATES FOR IMMEDIATE RELEASE 06 May 2008 Taylor Nelson Sofres plc ("TNS") The Board of TNS notes the announcement made this morning by WPP Group PLC ("WPP") in response to TNS's rejection of WPP's unsolicited proposal for TNS made on 3 May 2008 (the "Proposal"). As announced on 4 May the Board of TNS met toconsider the Proposal and unanimously rejected the Proposal on the basis that itsubstantially undervalues the company even on a standalone basis. In accordance with Rule 2.10 of the Takeover Code, as at 6 May 2008, TNS had412,408,252 ordinary shares of 5 pence in issue excluding shares held intreasury. The ISIN reference for these securities is GB0001915395. Enquiries: Press enquiries to Brunswick +44 7834 502 430David Yelland TNS +44 20 8967 1584Janis Parks, Head of Investor Relations Deutsche Bank (Lead financial advisor to TNS) +44 20 7545 8000Kristian BaggerGavin Deane JPMorgan Cazenove (Financial advisor to TNS) +44 20 7588 2828Hugo Baring Deutsche Bank (Joint corporate broker to TNS) +44 20 7545 8000Charles Wilkinson JPMorgan Cazenove (Joint corporate broker to TNS) +44 20 7588 2828Malcolm Moir This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
WPP