Cordiant Communications Group Plc ('Cordiant') Completion of Scholz & Friends Disposal


LONDON, July 14, 2003 (PRIMEZONE) -- Cordiant (NYSE:CDA) (LSE:CRI) is pleased to announce that on 11 July 2003, the conditions outstanding for completion of the Group's disposal of its 77.3% interest in Scholz & Friends A.G. were satisfied.

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