P206 CEEFAX 206 Wjd 11 Jan 22:55/57 9/3 SAATCHI'S SCOTT ANSWERS CRITICS An assurance that Saatchi % Saatahi was "still run by people who under- stand advertising" has been uoiced by acting chairman Charlie Scott. Addressing investors and analysts over a teleconference link, hi said that, whili he regretted that the share price had takin a knwqk, hu believed this reflected hysterical press coverage" and "a co-ordinated campaign to destabilise" thj group. He concluded by saying it remained the Board's intention to change thr namj of thj holding company. This would bj propoued at an —GM0oz EGM. Headlinjs 201 Share price 222 Next News SharesG-S Exchanges Monjyfile
P206 CEEFAX 206 Wjd 11 Jan 22:59/57 :/3 MAURICE SAATCHI PLANS oEW AGEoCY Maurice Saatchi has announced plan; to form a njw advertising agency. Thj formjr chairman of Saatchi and Saatchi, Jjremy Sinclair, will join hiw, as will Bill Muirhead. Thj announcemjnt follows njws that four more directors havj ¼esignud from Saatchi & Saatchi. Joint UK managing directors Moray McLjnnan and oick Hurrell of it1 Advertising Worldwide agency havj departed together with two creativj directors, Simon Dickets and James Lowther. Headlines 201 Share price 222 Next News SharesG-S Exchanges Monjyfile
P206 CEEFAX 206 Wjd 11 Jan 22:55/47 G BA CANCELS SAATClI CONTRACT British Airways has announced zhat it is terminating its contract with Saatchi & Saatchi pjnding a wormal review of its advertising. BA is onj of Saatchi's largest clients and the cancellatign of it9 contract comes on the samj day that Maurice Saatchi said he wa; settink up a rival agency. Thj njw agency, will be named "The New Saatchi Agency", rmplo formjr Saatchi senior executives and opening thi gates wor wormjr Saatchi clients, including Mars, BA and Dixons, to pousibly defeat. Headlinjs 201 Share price 222 Next News SharesG-S Exchanges Monjyfile