HOTLINE: WPP is attempting to pull out of takeover

WPP is attempting to pull out of its takeover of Tempus Group. It

is seeking consent from the Takeover Panel to invoke a material adverse

change condition clause. A statement issued on Wednesday by WPP said:

"The board of WPP remains convinced of the strategic merits of combining

WPP and Tempus. However, it is the unanimous view of the WPP board that

there has been a material adverse change in the prospects of the Tempus

Group following the announcement of WPP's offer and, in particular,

following the terrorist attacks in the United States on 11 September".


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