1st Aug 2008 16:50
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION, INCLUDING AUSTRALIA, CANADA, JAPAN AND THE UNITED STATES
FOR IMMEDIATE RELEASE
1 August 2008
GfK Aktiengesellschaft ("GfK")
Response to announcement by WPP Group plc ("WPP")
The Management Board of GfK notes the announcement released by WPP at 4pm this afternoon, in which WPP confirmed the posting of the Offer Document in relation to their unsolicited offer for Taylor Nelson Sofres plc ("TNS").
GfK is continuing to actively pursue an all-cash offer for TNS and discussions in relation to this possible offer are progressing positively. GfK therefore urges TNS shareholders to take no action in relation to WPP's offer for TNS at this time. GfK reiterates that no assurance can be given that an offer will be made.
A further announcement will be made when appropriate.
This announcement does not constitute an announcement of a firm intention to make an offer under Rule 2.5 of the Takeover Code and there can be no certainty that any offer will ultimately be made for TNS nor as to the terms and conditions on which any offer might be made.
Related Shares:
WPP