Notifiable Holdings


LONDON, United Kingdom, June 16, 2003 (PRIMEZONE) --

CORDIANT COMMUNICATIONS GROUP PLC

("Cordiant")

NOTIFIABLE HOLDINGS

Cordiant was notified on 16 June 2003 that Active Value Fund Managers Limited has a holding of 69,888,099 Ordinary shares, representing 16.70% of the issued share capital of the Company.

16 June 2003



 Enquiries:
 Cordiant         Tel: +44 207 262 4343
 Nathan Runnicles
 College Hill     Tel: +44 207 457 2020
 Adrian Duffield